Modern Water Share Discussion Threads

[katsy] 24/8/2020 08:04

big disconnect between skin and mwg considering the deal was 60/40 mwg/skin

[monkey puzzle] 24/8/2020 07:54

especially the final paragraph:

Data analytics with the latest AI systems in collaboration with Company partners set Modern Water up for multiple revenue streams from equipment, consumables and predictive services for our existing and new clients coming online to manage their COVID-19 risk. "

[monkey puzzle] 24/8/2020 07:52

Far better to focus on this:

March: Orders of water contamination detection consumables up 46% in Q1 2020 compared to Q1 2019;
-- May: First Montana patented AMBC wastewater plant order from Ion Exchange (India);
-- May: Montana Microtox(R) LX declared winner in China laboratory instrument award;
-- May: Sichuan Province China orders Montana equipment.
Gerard Brandon, Chairman of Modern Water , said:
" While 2019 was a tough year financially for the Company, the structural changes were necessary to expose the opportunity to move from high-ticket sales, which had a high employee support cost, in desalinisation and the membrane divisions. The Company business model in 2020 has moved to a high volume, high margin recurring revenue strategy that has been in existence within the Water Monitoring division that was acquired in 2011.
Modern Water continues to retain a leadership position within the water contamination monitoring sector and is adding the latest technologies in ecommerce, logistics, comms, networking and data encryption which extends the global reach of the Company beyond the US, EU and Far East offices. With thousands of sites and hundreds of water systems installed over the last 30 years, the Company retains a Gold Standard lead in water monitoring. The strategic challenge through this COVID-19 pandemic is being met with the move to provide support services online, making it easier and safer to interact with customers while at the same time to increase the capacity of our equipment to provide surveillance against all sorts of contaminants and threats including viruses and pathogens.
The new platform gives us the ability to fully exploit the data the Company generates from different water systems across the world. Data analytics with the latest AI systems in collaboration with Company partners set Modern Water up for multiple revenue streams from equipment, consumables and predictive services for our existing and new clients coming online to manage their COVID-19 risk. "

[monkey puzzle] 24/8/2020 07:49

why do people do it? Better wait and watch after news releases.

[flashheart] 24/8/2020 07:48

A few laughable attempts at de-ramps this morning. With results received and nothing untoward (we were already told there wasn't any) and huge growth going forward, these fools now have little to hang their hat on.

[monkey puzzle] 24/8/2020 07:39

paulcon1,

You might have to wait a while for that (if ever).

[philjeans] 24/8/2020 07:32

I'd say that looks quite high enough until we get some sizeable orders.

Good long term prospects but over bought now.

[judijudi] 24/8/2020 07:27

I can’t way it up. Do we think MWG is now under priced compared to skin?

[paulcon1] 24/8/2020 07:21

2magpies

Could you at least acknowledge that your constant negative comments about the senior staff at MWG, with regards the FY19, was misplaced.

Thanks

[2magpies] 24/8/2020 07:11

well, the results are in.

Now howlers, but no fireworks, either.

On to next year, then.

[judijudi] 24/8/2020 07:03

He sold Friday
Trying to get back in I reckon 🤷‍a94;️

[flashheart] 24/8/2020 07:02

You sell them off onehanded. There'll be plenty of us here to pick them up so don't worry.

[onehanded] 24/8/2020 07:00

Yes could see a sell off as little news BUT that's to come in the coming months. Think it may have be as stated 4-6 weeks re-covid real time update.

[george23666] 24/8/2020 06:55

Well, last year results out of way and sounds like they have been a bit of a pain to publish from what GB has said. Thanks to Gerry for clarifying.
I was kind of hoping for news of new contracts within and something pretty specific in going forward. I suspect/hope that there will be a follow up RNS with news relating to MWG and SKIN.

[argylerich] 24/8/2020 06:50

So new auditor, every crevice checked, hopefully someone can stop flapping 🤔

Now we look forward to the current situation unfolding.

GB are all AGMs virtual at the moment?

[argylerich] 24/8/2020 06:22

Well that's last year's results issues sorted with no suprises. Now looking forward to a trading update for this year 😎

[onehanded] 24/8/2020 06:21

so RNS out, seems ok, but no big news going forward and no new contracts YET. Expect to see a sell off as new of covid detection trail not yet ready. Could be up to another 6 weeks. Holding, but as already stated may top slice to hold profit. BUT no hidden skeleton on results so that's good news. Onwards for the rest of the year. Trading update later in the year.

[kaka47] 23/8/2020 19:32

Latest tweet from CEO GJBrandon.....This is a busy week. Hint......https://twitter.com/gjbrandon/status/1297612782767153155?s=21

[kaka47] 23/8/2020 19:25

CEO is talking about doing community screening and moving the economy. Real time covid19 detection prototype will be out within six weeks. This will be a HUGE RNS, can imagine this mega news will be all over the world media on the day. Can also imagine #SKIN and #MWG share price jumping up 300/400% on the day and giving them Mcap well over 200 million each.

[catchingmice] 22/8/2020 17:17

Too much efes beer in my systemLOL

[monkey puzzle] 22/8/2020 16:49

The #Integumen team built a distribution channel in 43 countries, with 50 partners selling into 300,000 drug stores in Alltracel Pharma over 2 years. There was 25 core sales, marketing and Admin staff. This is the same model, with #MWG already in many of our markets.

[monkey puzzle] 22/8/2020 12:30

LOFL...ouch!......just fell off me chair...

[catchingmice] 22/8/2020 09:21

No movement at all what's going on ?