Modern Water Share Discussion Threads

[johnny1982] 28/8/2020 10:17

Which should I buy now then or does it matter? Bought a small amount of this 10 years ago! Wow finally

[monkey puzzle] 28/8/2020 10:00

Exactly, GB wouldn't buying MWG if the tech wasn't doing what he wants it to do, great news imo

[2magpies] 28/8/2020 09:45

judi

they have 'muddied the water' a bit by lobbing the consolidation into the situation!

bird in hand???

[monkey puzzle] 28/8/2020 09:43

I said this should happen some time ago, did not expect it to be so soon though. Fantastic premium for MWG holders and each MWG share goes to SKIN. As a result SKIN's MCAP substantially and the 10:1 consolidation will get rid of the penny share brigade and bring in the big investors. As I see it is a Win:Win for everyone with all synergies and costs savings + not having to run 2 PLCs. I like it very much, well played Gerry B.

[brucie5] 28/8/2020 09:42

To my way of thinking this was an arbitrage opportunity, while SKIN ran so far ahead of MWG. Today's news looks less like a takeover than a merging of the two entities, with some cross subsidy in terms of market value from SKIN to MWG. Think of it in terms of the reunification of West and East Germany. (Or not...) Short term pain for holders of SKIN, but the combined business will be formidable, with lots of potential income streams.

Basically, MWG was undervalued, and this has served as a correction.

[judijudi] 28/8/2020 09:34

And possibly miss out on more potential good news in the pipeline if any hits prior to the deal date

[onehanded] 28/8/2020 09:23

so holders may take profit if well up on both on both and wait till consolidation.

[2magpies] 28/8/2020 09:21

jpsmithsom

yes, indeed.

And 9 times out of ten, share price slips post-consolidation! So SKIN could slip after consolidation. Don't ask me why, but almost always seems to happen after any consolidation.

[jpsmithson] 28/8/2020 09:15

There is no "price" in the offer.
It is a straight swap of MWG shares for SKIN. So if SKIN falls to 2p MWG is worth 2p. and all other combinations. Forget about the 4.1p, that only applies if the SKIN price goes back to 4.1p

[davemac3] 28/8/2020 09:15

SKIN and MWG now both at 3.65

[slicethepie] 28/8/2020 09:13

Because the offer is paper and the price of that paper is down 10% on the deal

[global nomad] 28/8/2020 09:12

only you can make that choice...

[judijudi] 28/8/2020 09:11

Still wondering why as a current holder of MWG I should not buy more considering the price to buy is below the offer price 🤷‍a94;️

[hamidahamida] 28/8/2020 09:07

https://twitter.com/lunsam96/status/1299253392389398531?s=21#Integumen #SKIN #MWG The merger puts #SKIN on a totally new level. A worldwide distribution channel, and ownership of award winning water technology. This, combined with the #SKIN AI division enables full WORLDWIDE roll out of AI fitted water monitoring equipment. For me, this is revolutionary. There will be huge demand for this technology, especially once proof that their #COVID19 detection system works. Municipalities/governments will be forced to monitor water in the future and this is likely going to be the gold-standard tech.

[slicethepie] 28/8/2020 09:04

The incompetent idiot from Ip group deserves a mention in dispatches mike Townsend ....couldn't run a bath

[slicethepie] 28/8/2020 09:03

Worth reading some of the stuff written by the old chairman it was worthy of Walt Disney!

[velvetide] 28/8/2020 09:02

"Well done all long term holders."

Eh?? 12 years ago this was over a pound, had £30 million cash and was primed to be a modern day Goliath of a renaissant global water industry, so well done to current short term holders, commiserations to the long-term stakeholders excluding the management

[slicethepie] 28/8/2020 09:01

Sadly, worth remembering the old board and the ceo destroyed this company and required it to be refinanced at 0.5p HAD they not done this today's takeover price would be circa 20p based on back of envelope calcs.

[parsons4] 28/8/2020 08:57

This is great news for both companies. It is also the right thing to do IMHO. This now has the makings of a future massive business. I am not selling a share even though the combined value is now a much larger part of my portfolio than I would normally want !!! GLA

[global nomad] 28/8/2020 08:56

first bought in in 2017....

[tell sid] 28/8/2020 08:53

Well done all long term holders.

[global nomad] 28/8/2020 08:49

dummy trades to check.....3.55 sell price, 3.6 buy price,

[2magpies] 28/8/2020 08:45

Well it was only a matter of time!

And Zak was almost right when he said this could go to 4p!

GJB was riding 2 horses @ the same time.