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
  -0.025 -1.89% 1.30 1.20 1.40 1.325 1.30 1.33 428,169 13:47:17
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 4100 messages
Chat Pages: 164  163  162  161  160  159  158  157  156  155  154  153  Older
DateSubjectAuthorDiscuss
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
20/9/2019
10:19
It's sinking without a trace
buywell3
19/9/2019
15:32
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
11:20
Come on MODERN WATER GROUP. FIGHT THE GOOD FIGHT! And fight strong!!!!!
escapetohome
19/9/2019
10:04
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.
escapetohome
19/9/2019
08:18
A glorious short.Lemmings and mushrooms only.
ken chung
18/9/2019
16:19
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.
escapetohome
18/9/2019
14:31
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.
slicethepie
18/9/2019
09:02
Shares not in public hands - 20.47%
escapetohome
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