Modern Water Share Discussion Threads

[catchingmice] 20/8/2020 16:04

3p Tomorrow surely but if news lands 'HIGHER & HIGHER'

[monkey puzzle] 20/8/2020 15:48

CM...Higher Higher ! as the great Brucie used to say. MWG mcap £14m v SKIN mcap £38m today. If SKIN is worth that then MWG should be closer to £20m imo fwiw. And that's without any news....

[flashheart] 20/8/2020 15:39

They both have a long long way to go that's for sure.

[brucie5] 20/8/2020 15:37

Yes. Good day. See what tomorrow brings, but I see this almost as an arbitrage opportunity on SKIN. Could be wrong of course, but where one leads, the other is likely to follow. And MWG is surely very cheap.

[flashheart] 20/8/2020 15:35

Looks like we've broken that resistance Brucie. Hopefully it will now become support.

[catchingmice] 20/8/2020 15:33

I'll take that Brucie

[brucie5] 20/8/2020 15:30

2.50 needs to become resistance. Then 3p ; 4, etc.

[catchingmice] 20/8/2020 15:19

Where do we see this going 'Higher or Lower'Great that we have left that 2.20 range behind at last so I'm hoping this could possibly touch 3p next week maybe

[monkey puzzle] 20/8/2020 15:01

It was all pure speculation but they do have a lot of synergies and could save a lot of costs and have Gerry running the whole show as CEO....anyway, maybe something for another time in the future.

[onehanded] 20/8/2020 14:57

oh I agree totally, but rumour the reason the results were delayed was so they could be 'looked over' sparked the thinking of corporation action.

[tickboo] 20/8/2020 14:53

Why would they merge? They're partners and will do very well working together so a merger seems unlikely and why bother? Carry on collaborating and continue the impressive turn around in MWG.

[flashheart] 20/8/2020 14:42

Buys flying in for both now so something certainly in the wings it would seem. Add AVCT into the mix and well........

[monkey puzzle] 20/8/2020 14:42

ooh I say....that's a bigunn init.

[onehanded] 20/8/2020 14:41

Would like to see 1 million buys to believe the corporate rumours, if merger with SKIN and their share in the deal, it would make sense to sell SKIN and buy MWG due to the share rise discrepancy. Whatever there is a long way to go on this share price We will see soon enough.... Hold both and very happy.

[monkey puzzle] 20/8/2020 14:39

Plenty of mileage in these yet.

[eeza] 20/8/2020 14:35

Lifting her skirts & chasing SKIN now.

[brucie5] 20/8/2020 14:35

100,0000 @ 2.499.
Asking 2.50.

[monkey puzzle] 20/8/2020 14:24

Nice move there....

[onehanded] 20/8/2020 14:22

Been a little rumour of corporate action. Not sure if it's a merge with SKIN or another firm. Could be why results taking time, to make sure all is right in the books to be looked over by interesting companies or for merger. Will see soon... Would need to see big buys before I think there is any truth at all in that. Whatever a good level to stock up.

[monkey puzzle] 20/8/2020 13:00

800k buy, largest trade of the day so far

[flashheart] 20/8/2020 12:23

Me too. That's why I had to add another 200k before. Sacrificed a small part of another stock for now.

[brucie5] 20/8/2020 12:11

Quietly confident that will break 2.50 very soon, if only to play catch up with SKIN. In which case, it will be in a new range, with resistance points at each penny higher.

[paulcon1] 20/8/2020 10:43

MP

Agree, was being ironic as I want to sell some SKIN and buy MWG before news.. Just playing!

GL

And yes the very reason is Market Values of respective companies

[2magpies] 20/8/2020 10:43

Barring any horrors lurking in the results, this has the potential to rocket, imo, and hitting 6p wouldn't surprise me.

The danger is.....

[monkey puzzle] 20/8/2020 10:24

Paulcon1 MWG MCAP £12M V SKIN MCAP £38M....that's a massive divergence from previously with skin now 3x MWG value whereas before it was much closer to 1.8 x MWG value. For MWG to restore the previous ration it's share price would need to be @3.2 rather than 2.4.