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MWG Modern Water Plc

2.45
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
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 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Modern Water Share Discussion Threads

Showing 5901 to 5925 of 7075 messages
Chat Pages: Latest  247  246  245  244  243  242  241  240  239  238  237  236  Older
DateSubjectAuthorDiscuss
06/8/2020
08:52
Looking forward to GBs update
monkey puzzle
06/8/2020
08:51
Well said GB here here!
monkey puzzle
06/8/2020
08:47
Anniversary blockbuster news coming. China is very interested in more water / sewer detection and UK government needing a early detection water / sewer real time monitoring system. 17 years of experience and knowledge is going to finally come into play. Including possible cruise use and the perfect storm for it to come of age.
onehanded
06/8/2020
08:45
The Mission to Detect Covid in Real Time in WastewaterJuly 17th, 2020| #SKIN #MWG #AVCTBy Fin Murray, COO of Integumen, MD of Rinocloud.Almost 5 years ago our team at Rinocloud, a subsidiary of Integumen, started talking about how microfluidics, photonics and AI could be blended together in a platform that had the potential to identify pathogens in fluids in real time. The discussion was based on using existing proven techniques from engineering, science and artificial intelligence and creating a workflow that involved:* Manufacturing glass microchips the size of sim cards,* Boring tunnels into the chips of around 10-100 microns in size,* Pushing fluid samples through the channels, forcing contaminants to line up in the confined space,* Zapping those channels continuously with light,* Using AI to detect the slight changes in light if a pathogen was in the channel.* Using AI to identify the pathogen.A plan was put in place and an ambitious project with a team of physicists, engineers and microbiologists began looking at three main pathogenic targets: Malaria in blood, Mastitis in milk and E.coli in water. As some of the team had water and wastewater backgrounds, the project naturally gravitated towards E.coli.Fast Forward to 2019Five years later, with funding provided by Enterprise Ireland and the Environmental Protection Agency, along with the cooperation of domain expert colleagues in University of Cambridge ("Engineering"), Cork Institute of Technology ("Photonics") and Rinocloud ("AI"), the Remote Automated Water Test ("RAWTest"), was successfully launched.The scientific journey along the way involved physics, chemistry and biology. The engineering journey involved glass microchips, 3D printing and adapting and miniaturising various types of kit. The software journey involved getting to grips with copious amounts of data, while using AI to make sense of it.Deep Learning, Pushing to the VergeThe journey was full of challenges, deep learning and a continuous pushing to the verge of science because we were chasing a wily adversary that is roughly 40 times smaller than the thickness of a human hair; only 2 microns in size, yet more than capable of contaminating a drinking water system or closing down a beach for swimming.All that aggregated and accumulated knowledge is now being amplified as the new mission is to identify a much more deadly adversary, SARS-CoV-2, the virus that causes COVID-19.A team of Integumen staff, partners and customers is well on its way to adapting our RAWtest platform to detect and identify the virus in wastewater in real time. We are also training new AI models to extrapolate the size of the cluster infected from that detection.This project represents a ground-breaking initiative for control of the Pandemic. The platform is relevant for governments, cities, local authorities, industries, military, corporates, transport companies, etc. urgently seeking real-time identification of local Covid 19 hotspots, the prediction of fresh coronavirus outbreaks and for advice on required areas of containment. International Collaboration to Beat COVID-19It couldn't be achieved without the international cooperation of our partners and colleagues in Ireland, UK, China and the US.Silicon wafers are produced in the Tyndall National Institute in Ireland. These are shipped to our labs in York, England, where the chips are coated and impregnated with pathogen binding receptors. These receptors are leading edge technologies from the UK's Aptamer Group and Avacta plc and are designed specifically to attract and bind the virus.The impregnated chips are then shipped back to the CAPPA Photonics lab in the Cork Institute of Technology, Ireland, to the same team that we've been working with over the past 5 years on the RAWTest system. This team of physicists is adapting the RAWtest platform to generate a greatly enhanced photonics signal to constantly monitor the chip. As soon as the virus binds, the data generated is being picked up immediately by the AI – to signal that Covid 19 is present in the sample and to predict the size of the cluster.Real-time AI Detection of COVID-19Our labs in Cork, Ireland and York, England, are containment level two ("CL2") labs. In these labs we are working with a pseudo virus – basically a synthetic that looks like, acts like, has the same shape and weight – but without the deadliness of the real thing.But with our partner, University of Aberdeen, we have access to the actual virus (SARS-CoV-2 England/2/2020) and a CL3 level laboratory. The relationship with Aberdeen began with Labskin, another subsidiary of Integumen. Labskin's 3D laboratory grown human skin model is being used to test the effectiveness of handwashes, sanitisers, and mouthwashes on COVID-19. With Aberdeen, we're learning much about the virus, especially how to handle it when setting up tests, including wastewater tests.And we expect tests to happen over the summer including with research partners in the UK but also with our customers in the US where field trials are already being prepared. We are also looking at specific areas of testing with partners, such as the monitoring of water and waste water on cruise liners for bacterial/viral pathogens.Retrofitting and New Installations of COVID-19 Detection KitsAdapting our RAWTest platform to identify COVID-19 is one thing, getting the platform mass produced and delivered to markets around the world are also key parts of the project. In Shanghai and Delaware, our Modern Water colleagues are reengineering their wastewater and monitoring solutions. This is a business with 30 years' experience and thousands of sites where its platforms manage and monitor wastewater systems. Integumen has a fast-retrofit solution, where we embed our system into theirs. However, in parallel, we are also designing with partners that can manufacture and scale across 4 continents.Collaborating to Combat the Global Health CrisisThere is an Irish word, "Meitheal". It means a gathering or a coming together of people to help each other. This project has different people, different companies, from different continents, all with different skills and technologies. Some of our staff just said: "what if?""What if we adapt the RAWTest?""What if we embed receptors?""What if we could retrofit into existing monitoring systems?"And our partners in Ireland, England, Scotland, China and the USA, answered: "Why not?"-Fin is main board director and Chief Operating Officer of Integumen plc and Managing Director of Labskin with responsibilities for leading and supporting the groups divisions across health, environment and software. An experienced C level executive he has started and grown companies internationally and emphasises partnerships and collaborations as routes to expanding. A founder of data and AI company Rinocloud, acquired by Integumen in June, 2019, Fin has led the deployment of software, data management and workflow management across the group and integrated the latest AI technologies across services for clients in all divisions of the business.The Mission to Detect Covid in Real Time in Wastewater - Integumen
hamidahamida
06/8/2020
08:41
Not that it really matters, I've been investing for over 40 years, lost a little and made a lot, my grandma always told me if you can't say anything positive keep it shut, warrior.
gbenson1
06/8/2020
08:37
"Monkey Puzzle
6 Aug '20 - 09:32 - 3037 of 3038
0 0 0
.... Leave the CEO alone ... Award winner in China ...................."

so why is the share price stuck, whilst SKIN is racing away?

MWG poor relation?

2magpies
06/8/2020
08:35
ooh, gbenson...can't stand the truth? haha

you can't even be bothered to pay the (modest) ADVFN subscription, but you get all worked up on a bulletin board!!

newbie lock-down 'trader', are ya??

2magpies
06/8/2020
08:32
The update will include MWG 100% certain of that. Results when come when they can release them. Leave the CEO alone, let the technology do the talking ie Award winner in China against many bigger competitors. Global footprint which GB is going to really make pay now and so much more now COVID 19 is in play.
monkey puzzle
06/8/2020
08:30
Hi 2pit yakkers, you seem so sad, which of the Mags are you, sorrow and a secret never to be told!!
gbenson1
06/8/2020
08:30
Been adding here as lagging behind SKIN. This would rise more on any covid real time testing news due to % deal with SKIN. Wait and see....
onehanded
06/8/2020
08:27
George I totally agree, however the CEO as I understand, is a water/waste technical guy, he's not PR savvy and seems to have little managerial/motivational acumen. The technology potential is what's driving this company. The lack of final results is not helping confidence. I hold and have recently added more...
gbenson1
06/8/2020
08:24
Perhaps he can't ride two horses?

Note that his blog is going to be about SKIN, and not MWG!

MWG low priority?

2magpies
06/8/2020
08:16
It is great that GB is taking such a hands on approach and puts alot of work in with investors. This reflects in the steady increase of SKINs share price
GB is also very careful to what he can disclose understandably because of AIM regulations.
I feel that he really tries to gee up MWG,it is a shame that we never hear from MWG CEO. It would make a difference and give a somewhat two prong account of what is happening. I feel it is so important for a CEO of any company to really mark a presence.

george23666
06/8/2020
07:58
I saw that too, can't wait for that.
monkey puzzle
06/8/2020
07:54
GB has just confirmed that he will publish a blog post later today outlining what has been going on, yes he has posted this on SKIN (LSE) but much of SKIN's work is directly related to MWG

GLA

paulcon1
06/8/2020
07:19
SKIN have also announced their results already (15th June), whereas MWG is just drraggginnggg its heels....

It's just ridiculous

2magpies
05/8/2020
14:12
Just seen it Paul, indeed fingers crossed for a good anniversary celebration soon :)
argylerich
05/8/2020
14:10
Argyle

Did you get my post to you on LSE.... Ha Ha ... Not long now....

Good luck with your investment

paulcon1
05/8/2020
13:56
George

Agree, am guessing it depends on how good the 2020 forecast is though..

If its mediocre then alot of shareholders (including myself) maybe deflated but if the outlook is fantastic then 'all will be forgiven' and forgotten.

GL

paulcon1
05/8/2020
13:42
Paul, yes I agree and the results are irrelevant. This is a completely new chapter with MWG and the potential is great. I dispute none of that.
The headline results were given and in all fairness it did not have a major adverse affect on share price
However, the fact that there has been no published report and as you know this would include more recent highlights and an opportunity to give investors sight of what MWG is setting out to achieve this year.
This is important and for whatever reason this has no yet been available and overdue. I'm aware that under recent guidance publication does not need to be until last day of August but that does not necessarily justify such lateness.
I think what I find frustrating is that considering MWG is going through such an exciting and developmental time, an opportunity has been missed to give a really positive forecast for what is to come. GL and also IMHO.

george23666
05/8/2020
13:40
Paul, ref the staff numbers, it's about half. The company records cross referenced with the companies house records indicate the redundancy numbers for the subsidiaries folded.
FWIW I think GB et al have been on the periphery of MWG for a lot longer than is credited, possibly being the initial mooted for the monitoring division then probably even guiding them through the slimming down process preparing for the big funding push at 'takeover'. Brilliantly done and bodes well for the long term as it was all done pre-covid.

argylerich
05/8/2020
12:59
George

Agree, with everything that has gone on over the last year, a little media coverage and investor attention would be welcome.

That said, GB said at the weekend that staff numbers at MWG are a fraction of what they used to be... Read into that what you will..

With regards the results (FY19) they are known and ,for me, completely irrelevant.. If the hype around MWG and SKIN's prototype wastewater real time AI detector is anything like its potential, then in the nextfew days, nobody will be discussing last years results

GL and IMHO

paulcon1
05/8/2020
11:39
I don't think it is an overhang. The volume being traded is way too small. SKIN is experiencing a steady and consistent upmarket trend, because they are more favourable with market. Maybe because they are pretty diverse and have more than one finger in a pie.
It also has to be said that MWG are pretty slow on their end of year report for whatever reason. I'm well aware of the arguments for and against but still an absence of a report. Also no trading update, SKIN published their financials in good time some weeks ago. So, no surprises forthcoming. I'm aware that MWG gave headline figures but not quite the same.
I have loaded up several times with MWG because I like what they offer and expect a good return. However, not everyone sees it that way. It is a shame because by just getting the basics right we may see a bit more confidence and of course this would reflect in a more positive share price IMO of course.

george23666
05/8/2020
11:03
Everyone is entitle to bank a profit MP. If they sell out before the big profits kick in, it's their loss ;)
argylerich
05/8/2020
10:46
Surely only a matter of time that this starts to move North.
oil be there
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