Modern Water Share Discussion Threads

[unkwn] 25/9/2019 20:49

Very fair conservative evaluation but it could also be more than anticipated and of course could be less than both however highly unlikely.

In modern day terms it means a half bagger.

Will be more than that but airing on the side of caution it's what a trader would do and be more than happy with.

No I prefer a multi bagger personally, time will tell.

Great analysis though, sincerely.

[pugg1ey] 25/9/2019 14:31

had to google that one, very good.

[norbert colon] 25/9/2019 14:20

Yes, of course there is a chance the sale falls over entirely. Cigar butt investing.

[pugg1ey] 25/9/2019 12:03

well lets hope there is more than one bidder otherwise it will be a fire sale.
I note from August 6 to August the 30th they went from 'advanced negotiations' to 'ongoing negotiations' regarding selling the monitoring business.

[norbert colon] 25/9/2019 09:58

So the Group's Monitoring Division has sales of £3.7m (£1.4m of which is recurring) and makes a gross profit of £1.9m.The Balance Sheet for this Division shows non-current assets of £0.5m, receivables of £0.2m and cash of £0.16m so a book value of circa £0.85m.Microtox (essentially the Monitoring Division) was itself acquired by MWG for $US4.5m at a time when it had sales of $US4.8m, GP of $US2.7m and PBT of $US0.54m - a 0.93 x sales multiple or 1.6 x gross profit multiple.Applying similar ratios to the current proposed sale of the Monitoring Division incl. an assumption that 2 x recurring revenue would be a fair multiple implies a likely sale value of £2.7 - £3.0m. The current mcap is just £1.75m.I've been acquiring a few as despite ongoing losses and cash burn in the Membrane Division, the sale of the Monitoring Division looks attractive wrt short term share price action. Sent from my iPhone

[buywell3] 20/9/2019 11:19

It's sinking without a trace

[escapetohome] 19/9/2019 16:32

Come on “”MODERN”” Water Group.

Show us why you are MODERN, your bod can walk the talk cut the deals and thrive in a MODERN world.

[escapetohome] 19/9/2019 12:20

Come on MODERN WATER GROUP.

FIGHT THE GOOD FIGHT!

And fight strong!!!!!

[escapetohome] 19/9/2019 11:04

I see this is down a tiny tick, that’s disappointing.

Come on MWG! Pull out all the stops. The time is now to fulfill your global dreams and ambitions.

[ken chung] 19/9/2019 09:18

A glorious short.Lemmings and mushrooms only.

[escapetohome] 18/9/2019 17:19

Yup, I’ve been following this for years and years, never taking a shot at it.

It then hit lows and I put it on my more frequent ‘monitor’; list.

It then rebounded , and I thought I’d missed the boat, but I didn’t get sucked in and buy.

Well what do you know? It went back down again, and I thought this is the time, the time is ripe. Picked up £2,000 worth.

[slicethepie] 18/9/2019 15:31

Agree 100% but the bod is the most hopeless bunch you could imagine! The only positive is the chairman resigned recently and he was the biggest clown of them all.

[escapetohome] 18/9/2019 10:02

Shares not in public hands - 20.47%

[escapetohome] 18/9/2019 10:01

I’m in folks, there must be value in all these intangible assets, patents, etc.

World leading tech.

[pugg1ey] 12/9/2019 14:08

come on Kenny boy. that's just not cricket

[ken chung] 12/9/2019 07:41

Please just put it into administration.

[ken chung] 11/9/2019 07:52

Everyone is desperate to sell fool.Shorters delight.Lemmings and mushrooms only.

[argylerich] 03/9/2019 18:27

Looks like someone was desperate to sell today but didn't manage

[pugg1ey] 03/9/2019 08:10

the building from here seems to be going very slowly....

[argylerich] 03/9/2019 07:16

£140k ? That's barely a month's money 😨

[1hopefultrader] 13/8/2019 14:34

Is the spread real?