Share Name Share Symbol Market Type Share ISIN Share Description
Modern Water Plc LSE:MWG London Ordinary Share GB00B1XF5X66 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1.275 1.20 1.35 1.35 1.275 1.28 982,309 09:00:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 4.2 -2.5 -2.2 - 2

Modern Water Share Discussion Threads

Showing 4051 to 4074 of 4175 messages
Chat Pages: 167  166  165  164  163  162  161  160  159  158  157  156  Older
DateSubjectAuthorDiscuss
07/10/2019
15:20
buywell saw this coming back in 2014
buywell3
04/10/2019
20:15
We need some investor contact with the company, an email to IR. This does sometimes work, and an up date is given, !!
escapetohome
02/10/2019
11:15
I own a lot less MWG shares these days so I'll just let it run and see what happens. I think there will be a mad rush for the 10-20% gains soon....
pugg1ey
02/10/2019
11:09
This is now a classic Pump & Dump share, and we're just seeing similar activity today to that which we saw last week!
timberwolf
02/10/2019
09:49
Must be difficult flash trading these, although the Sp has risen the bid has hardly moved (crazy spread)? There have been a few lumpy buys and almost 4m shares traded, I guess time will tell..
gbenson1
02/10/2019
09:41
part of it is the pump and dump crew are all over it. Not sure they can stump up £20K though
pugg1ey
02/10/2019
09:39
Nice buying volume this morning, is there an RNS coming? Perhaps the sale of the US division?
gbenson1
30/9/2019
19:02
Given the prolific pumping jester who pumps on Twitter and LSE I can see this going one way only. Down by drowning. Best be pessimistic and watch your backs on this dog riddled with fleas.
texaschaser
30/9/2019
15:10
They previously said advanced negotiations. Not this time. Can clarity be provided here? Thanks.
escapetohome
30/9/2019
08:52
Just take an old Blur album. Replace the word 'life' with 'water' and that is your synopsis for MWG.
pugg1ey
26/9/2019
08:18
any assets of the MWS will be now in hands of the liquidators not MWG
pugg1ey
25/9/2019
22:34
Norbert Colon: Yes, but it does not stop the fact that they have it assigned. This in itself is an asset that can be passed on, and would make sense that Northumbrian Water, who are 'partners' in this assignement by the Gibraltar Government would want to take up the build aspect, even if they then subcontract it. the consequence otherwise is immense for the government of Gibraltar: do they re-tender? do they abandon the idea of a sewage treatment facility (where there is none at the moment)? do they????
empoggio
25/9/2019
20:49
Incorrect. See extract of RNS :"Given the liquidation of Modern Water Services Limited, the contracts previously held by this entity will no longer be carried out, including the joint venture agreement with Northumbrian Water for the Gibraltar Wastewater Project, which has, in any event, been the subject of lengthy delays after the initial appointment of the joint venture as preferred bidder in 2014."
norbert colon
25/9/2019
20:37
No. The contract...'assigned tenderer/assigned bi just because...dder' is still there, only that it's still not finalised (signed). It was allocated to MWG and Northumbrian Water; one would build the other would run it after. It was quoted as being worth 25,000,000, I am sure there would have been some sort of profit. Can.t see NW abandoning this
empoggio
25/9/2019
20:35
Yep the Gib contracts was part of the liquidation as I understand it from recent RNS - gone forever now.
norbert colon
25/9/2019
20:11
Was that contract discontinued?
escapetohome
25/9/2019
20:07
The Gibraltar contract must be worth something at least. NW could easily buy it from MWG...then they could subcontract MWG to build the damn thing!
empoggio
25/9/2019
20:07
The Gibraltar contract must be worth something at least. NW could easily buy it from MWG...then they could subcontract MWG to build the damn thing!
empoggio
25/9/2019
19:51
If the sale does fall over then that won't be a nice day for any of us, let's hope not.
unkwn
25/9/2019
19:49
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.
unkwn
25/9/2019
13:31
had to google that one, very good.
pugg1ey
25/9/2019
13:20
Yes, of course there is a chance the sale falls over entirely. Cigar butt investing.
norbert colon
25/9/2019
11:03
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.
pugg1ey
25/9/2019
08:58
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
norbert colon
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