Modern Water Share Discussion Threads

[gbenson1] 30/10/2019 10:40

Thanks for that ohisay, I didn't try the obvious! it's interesting on Twitter that MWG seem to have more interest/PR in India, Oman & China than they do in the U.K. it seems all quiet here and yet in these others areas things are happening.

[gbenson1] 29/10/2019 14:18

Hi ohisay, where is the best place to follow MWG on Twitter, TIA

[ohisay] 29/10/2019 11:52

...There's much new supposition on twitter none of which would surprise me.,,

[gbenson1] 08/10/2019 14:17

Price monitoring as they think Sp should have risen a little from its lows with the 1.52 buys??

[buywell3] 07/10/2019 16:20

buywell saw this coming back in 2014

[escapetohome] 04/10/2019 21:15

We need some investor contact with the company, an email to IR.

This does sometimes work, and an up date is given, !!

[pugg1ey] 02/10/2019 12:15

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....

[timberwolf] 02/10/2019 12:09

This is now a classic Pump & Dump share, and we're just seeing similar activity today to that which we saw last week!

[gbenson1] 02/10/2019 10:49

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..

[pugg1ey] 02/10/2019 10:41

part of it is the pump and dump crew are all over it. Not sure they can stump up £20K though

[gbenson1] 02/10/2019 10:39

Nice buying volume this morning, is there an RNS coming? Perhaps the sale of the US division?

[texaschaser] 30/9/2019 20:02

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.

[escapetohome] 30/9/2019 16:10

They previously said advanced negotiations. Not this time.

Can clarity be provided here?
Thanks.

[pugg1ey] 30/9/2019 09:52

Just take an old Blur album.
Replace the word 'life' with 'water' and that is your synopsis for MWG.

[pugg1ey] 26/9/2019 09:18

any assets of the MWS will be now in hands of the liquidators not MWG

[empoggio] 25/9/2019 23:34

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????

[norbert colon] 25/9/2019 21:49

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."

[empoggio] 25/9/2019 21:37

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

[norbert colon] 25/9/2019 21:35

Yep the Gib contracts was part of the liquidation as I understand it from recent RNS - gone forever now.

[escapetohome] 25/9/2019 21:11

Was that contract discontinued?

[empoggio] 25/9/2019 21:07

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 21:07

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!

[unkwn] 25/9/2019 20:51

If the sale does fall over then that won't be a nice day for any of us, let's hope not.