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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 | 0.00% | 2.45 | 2.40 | 2.50 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
27/2/2020 08:03 | I first started buying MWG shares in 2017 after hearing an article on the radio, I have about 400,000 shares at an average price of 9 pence a share. I've been worried for some time about the management, spoke to someone at length and then got shunned by them. I very much want to believe the turnaround is underway now but do not understand how - after such disastrous performance - the current executive management is continuing. Is it a case that the new non-exec chairman (to be) can make so much difference through his direction? What is Gerald Brandon's record like in other businesses? I'm at a point where I could buy more shares but need convincing! Also, have all the new shares at 0.5 pence been taken up? Or are some still available for subscription? Why would I buy at 0.7 if there are new shares available at 0.5? I don't understand this at all. | worried faith | |
27/2/2020 07:43 | Many thanks for your further comments Gerard, for taking the time to post them, and all the best for the future of MWG. | timberwolf | |
26/2/2020 16:35 | Thank you for your post Gerard. Just FYI, I first invested in MWG in 2008, as an alumnus of the University of Surrey, so, around 12 years ago. During that time I saw, nothing more, than relentless cash burn, over every year, of Modern Water. I didn't understand the MWG management philosophy from the start. They appeared to move away from, what I saw as the core scientific benefit/value of forward osmosis, towards what I saw as a pointless move towards the likes of toxicity monitoring equipment. Any RNS following that change, was about some very minor company buying a monitoring meter or two, no doubt, IMHO, at a massive net loss! If you believe, as engineer's, that you can turn the company around, that's great, and I wish you every luck, especially if you're taking any fees in shares. That, indeed, says a lot to me! IMHO, it should have been a success, based on the new technology, at the start. However, quite frankly, you'll need to tell me exactly why you believe that that situation could radically change now, based on the past performance of the company. :-) Sadly, the MWG financial facts speak for themselves: ANNUAL LOSSES AFTER TAXATION 2007 (£1.733m) 2008 (£2.405m) 2009 (£3.627m) 2010 (£4.065m) 2011 (£4.543m) 2012 (£5.413m) 2013 (£4.700m) 2014 (£17.681m) - Includes (£12.780m) exceptionals 2015 (£3.871m) 2016 (£2.102m) 2017 (£5.073m) 2018 (£2.306m) As I say, but seriously, good luck to you and all the company in your endeavours. I really do hope that you can now make it work :-) | timberwolf | |
26/2/2020 15:35 | Exactly dave! Why would anyone with any sense, even consider this company, above that 0.5p level, when they were dumping well before the latest dilution! :-) DYOR | timberwolf | |
26/2/2020 15:28 | Placing at 0.5p recently So they must be working some of that stock | dave4545 | |
26/2/2020 15:26 | Someone's having a laugh today too! The share price was up 6-7% at open, now it's down 6-7%! Talk about a share being manipulated! :-) It's a shame really, as the technology, largely based on research at the University of Surrey, was good, but, yet again, IMHO, the MWG management have been weak bringing it to market, at the very best! :-) | timberwolf | |
26/2/2020 07:14 | Wtf? Cellulac are nothing more than a holding company, what services are Mwg going to provide for them? | argylerich | |
24/2/2020 22:13 | RNS Number : 2721D of 18th Feb | norbert colon | |
24/2/2020 22:08 | Where is the mention of Bob Morton joining? In shares; as non-exec as..? | empoggio | |
24/2/2020 18:06 | Bob Morton.... Kiss of death | targatarga | |
21/2/2020 10:55 | fwiw the .7899 trades are buys, the market needs to digest the new shares, nice to see Bob Morton on board (ex Armour CEO). | gbenson1 | |
19/2/2020 08:21 | GB has posted on an integuman site that MWG was basically on its way to going bust so he got together with TP and arranged a bail-out. I think the upside now on here is very exciting. I have a reasonable holding of these and Integumen as I am a GB fan !!! GLA | parsons4 | |
29/1/2020 20:55 | Good evening. | tewkesbury | |
27/1/2020 11:07 | you gotta vomit everytime thinking about what happened here, any more riddler riddles? the pope is dumping the dope!!! 0.5p 0.4p 0.3p etc | rumobejo | |
25/1/2020 16:19 | I think you're both right. This could indeed multibag but a bit expensive in the very short term with all these extra shares to swallow at the moment. | flashheart | |
25/1/2020 15:48 | Unless GB's involvement multiplies the share price as he did in Integumen. That is just a matter of personal opinion, but his track record speaks for itself | mulligut | |
25/1/2020 15:11 | I think a few others are in the same boat. We like the GB connection but why on earth would you pay 0.8-1p when there's a load of vendors who have gave the company a fortune for 0.5p stock they will offload straight away so at best 0.6p offer is fair but 0.8p is 60% higher which is crazy. | dave4545 | |
25/1/2020 14:37 | Agree 100% with you parsons. These tie ups/collaborations looking very interesting indeed especially with GB as the 'common denominator'. Looking to take a stake here as a very promising turnaround but likely to wait for the dust to settle regards the placing before I take the plunge. | flashheart | |
25/1/2020 08:07 | The price behaved very well today, people happy to buy in at 50% more than the placing price. Gerry Brandon's involvement and the change of direction augers well for the future IMHO. Also Integumen have a water division which could tie in with the change of direction. Just my thoughts !! | parsons4 |
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