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MWG Modern Water Plc

2.45
0.00 (0.00%)
28 Mar 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 6826 to 6849 of 7075 messages
Chat Pages: 283  282  281  280  279  278  277  276  275  274  273  272  Older
DateSubjectAuthorDiscuss
29/9/2020
07:24
From watertech5 on lse MWG BB.independent.ie/world-news/Rising levels of virus in sewage could be early warning of surgeScientists monitoring wastewater from a treatment plant in Dublin found evidence of increasing levels of the coronavirus in sewage as cases in the capital surged.A team of researchers at UCD's School of Microbiology, who have been monitoring samples from the Ringsend plant in Dublin since June, say routine testing of wastewater could act as an early warning system for future coronavirus outbreaks."We have seen a significant increase in the level of RNA [genetic material from Covid-19] in the wastewater in the Ringsend plant in recent weeks," said Wim Meijer, professor of microbiology at UCD, who is leading the project."The levels of genetic material have been going up, which coincides with the number of infected people in that area.
tickboo
29/9/2020
07:10
This will pick up going forward.
1liam
28/9/2020
11:05
Atleast is moving back up after the mass selling end of last week
catchingmice
28/9/2020
07:06
Time to load up.
1liam
27/9/2020
12:39
From lse-I hold a sizeable chunk in what will be DPVG and am more than a little disappointed with the action on Thursday afternoon and Friday. I think the presentation was okay and I liked the fact the wider team was involved although the focus on the breathalyser was too much and detracted from water monitoring which is a game changer and our core competence. Yes the test will be great but it's further down the line and many LF antigen tests are being validated. That said our test needed more time as it's new so needed explaining although the explanation could've been better. The BoD has been in place for a little over 2 years and has taken revenues from £500k in 2018 (only there for 5 months) to £1m 2019 and reaffirmed £4m guidance 2020 and the share from in old money from 0.5p to 3p. The twitter use with hindsight probably attracted traders who have no doubt caused even more volatility so that's a lesson to learn. The lack of media coverage doesn't concern me as we are only beginning live-virus testing so I'd expect a ramp up after a few weeks and hopefully we get updates via RNS. I've no doubt the real-time roll retrofit roll out will occur early next year and given they're existing customers I imagine in order some cash will be up front and the remainder on delivery so decent revenues should come in early next year which should fund production for fresh kits for new customers. If we can't keep up with demand surely with our collaborative business model a partner would be sought. I expect H1 for SKIN to be break even at worst so over £1m in cash and £3m loan facility. MWG had a poor H1 but remember the 48% increase in reagent orders will be mostly shipped this month and revenues realised this half too. H2 will be a lot better and below are some reasons why MWG and SKIN will be stronger together and anyone thinking MWG is a dud is wrong.6 May - Further to the announcement on 30 March 2020 notifying production commencement of the first batch of Modern Water ("MW") reagent, Integumen plc ("Integumen") has commenced s hipping to meet the back-orders and growing demand for water contamination detection bacteria from existing clients. With the increase of water hygiene controls around the world due to the COVID-19 public health crisis, production volume has doubled to a list price value of GBP500,000 per batch. Revenues from sales of reagent produced under the revenue sharing manufacturing agency agreement with Integumen (the "Agreement") will be split 60% / 40% in favour of Modern Water, after costs. The Company expects that that sales of reagent under the Agreement will have a value of at least $1.25m in the current financial year.Integumen and Modern Water have accelerated the integration of their respective water monitoring equipment and AI based contamination detection abilities following increased orders of the Microtox range in Europe and SE Asia, including back fitting Integumen AI based capabilities to the 10 top-of-the-range Microtox CTM units to be shipped to China in the third quarter of 2020 as announced on 23 December 2019. Microtox equipment are built to be modular and expandable. Within this hardware capacity Integumen is configuring its RAWTest [i] AI real-time alert solution to expand the capability of the instruments to detect bacteria, nitrates and phosphates. The roadmap for this integration includes the ability to detect viruses such as SARS-Cov-2. The environmental arm of DEFRA [ii] has confirmed it is looking at wastewater epidemiology and US Centers for Disease Control and Prevention is already monitoring human waste [iii] , the ministry of ecology [iv] in China are mandating the hygiene monitoring of water and wastewater and dormant buildings during the epidemic have built up contaminated water in their pipework [v] Simon Humphrey, CEO of Modern Water commented: "The COVID19 public health crisis may have reached its first wave peak, but the next stage of managing future risk of spreading is the early monitoring of water and wastewater. Demand for equipment and our reagents continue to increase and we are delighted to have access to increased production volumes to allow us expand and the integrated AI development programme that enhances the Microtox value, improving revenue per client from existing equipment."13 May-Modern Water is pleased to announce that, following the collaboration agreement with Ion Exchange (India) Ltd (RNS: 23 December 2019 [i] ), an order for stage one of a two stage project with a total value of c. GBP900,000 project has been received. The estimated net value to Modern Water for stage one is approximately GBP50,000 and for both stages is between c. GBP235,000 and c. GBP270,000. The project consists of an initial pilot plant for the zero-liquid-discharge system of the Company's All-Membrane Brine Concentration ("AMBC") plant and is expected to reduce the operational costs of wastewater treatment for the specialty chemical production facility of our collaboration partner. On completion of stage one, it is intended that a larger plant is to be installed with the smaller pilot AMBC plant to be used for demonstration with our collaboration partner's clients in projects across India, Oman, the United Arab Emirates and Saudi Arabia . Simon Humphrey, CEO of Modern Water, commented: "Even with travel restrictions imposed by COVID19, demand for the Company's patented AMBC technology as a critical component of our end-to-end wastewater monitoring and recovery solution is growing.This first order from our Indian collaborators builds on, and is complementary to, the recent transformation of the Company's business model that has helped improve sales in our global monitoring division, with its 30 year global footprint of the Microtox range of products and services."Ajay Popat, President of Ion Exchange (India), added:"As we said on signing of our collaboration agreement, Modern Water's technology, both brine concentration and forward osmosis, are innovative and the right strategic fit to further improve competitiveness and attractiveness of our Zero Liquid Discharge solutions and brine recovery processes to our customers. We are now ready to move to the first installation as we deepen our working relationship with Modern Water."20 May-Modern Water Microtox LX declared winner in China laboratory instrument awardModern Water's newest laboratory biotoxicity analyser, Microtox LX [i] , has been announced the Winner of the "Scientific Instrument Excellent New Product" award by the Chinese first scientific instrument professional portal (Instrument.com.cn). The winner was announced in a virtual ceremony of the Instrument Information Network .The "Scientific Instrument Excellent New Product" selection event is held once a year. Microtox LX was originally shortlisted to 344 instruments in August 2019 by a panel of experts, from more than 9,000 new instruments out of nearly 1,500 companies.26 May-Sichuan Province China orders Modern Water equipment worth cGBP410,000Modern Water is pleased to announce that it has secured the sale of its largest single order for 20 Microtrace(R) PDV ("PDV") units and 7 sets of related consumables in China. The total value of the order is CNY3.56 million (cGBP410,000). Following a directive from the Sichuan Department of Ecology and Environment Office, the new PDV units, which measure trace metals in water, soil and food, will be used to improve the province's emergency response to environmental emergencies and overcome a shortfall to provide comprehensive analysis on water quality.Simon Humphrey, CEO of Modern Water, commented:"Following the 2019 launch in China of Modern Water's award winning Microtox LX laboratory water testing unit and the recent confirmation of the 10 industrial scale Microtox CTM units to be shipped in the 3rd quarter, yet another milestone order size and value for 20 of our new Microtrace PDV portable water contamination test units increases Modern Water's exposure to water health and safety in China."All Modern Water equipment require consumables and have the option to be upgraded with AI-As-A-Service offering predictive water contamination alerts based on accumulated historical data that may contribute to increased revenue per client."18 June -Modern Water rolls out surveillance data analytics online technologiesModern Water, the global water crisis monitoring and solutions provider, announces its intention to strengthen its position in water monitoring by unveiling plans to roll out the latest technologies in data management, analytics and encryption to bring its business and its suite of water monitoring solutions online.With the award winning Microtox range, capable of monitoring up to 2,700 contaminants, the system collates data that is analysed with built-in artificial intelligence to provide site specific educational insights and over time offers predictive capabilities when incorporated with external systems, such as aggregated weather data.In addition, the Company has launched a fully integrated eCommerce solution with back-office and logistics platform, allowing clients and partners access to pricing, quotes, and equipment specifications. It has a built-in knowledge centre where 30 years of water contamination monitoring domain expertise is available to all users. Dedicated account areas for clients and partners also provide dashboards showing the live and near-time state of water monitoring sites including up to date information on consumables.Simon Humphrey, CEO of Modern Water, commented:"As part of the ecowaterOS [i] consortium and in collaboration with Integumen plc's data division, the Company now has the ability to increase remote surveillance capacity of clients' water contamination monitoring solutions to better protect water systems in a COVID19 world."24 Aug from Chairman-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. "The merger looks great value for both to me and the synergies are there for all to see. Yes we've had a bumpy few days but given both H2s will be massively up on H1 and likely retrofit revenues early 2021, cash in bank and loan facility things are not dire at all and in fact I'm looking to the future with confidence.
tickboo
26/9/2020
22:02
🤣😂🤣😂 9315;😂
judijudi
26/9/2020
14:57
Hi GB, without giving away any secrets did we tender for this or not thanks Seems Biobot has a head start in the US...https://www.cnbc.com/2020/09/25/hhs-wants-to-test-30percent-of-us-wastewater-for-the-coronavirus.html
morrie1234
25/9/2020
22:35
Dear boris

===== The answer to your Covid-19 testing problem lies right under your nose =====

Does not say much for your Health Minister or your Health advisers -- does it ?


Lucy learned to sniff out bladder, kidney and prostate cancer, and was even used in a study.

Over the years, she has been able to detect cancer correctly more than 95% of the time.

That's better than some lab tests used to diagnose cancer.

Dogs' noses have 300 million sensors.
Dogs have a second smelling device in the backs of their noses that we don't have, called the Jacobson's organ.
This dog double smelling system allows trained dogs to detect cancer's unique odors, called volatile organic compounds.

In 1989, doctors at King's College Hospital in London wrote in The Lancet about a woman whose dog persisted in smelling a particular mole on her leg.

The mole turned out to be early-stage malignant melanoma.
Over the next 26 years, studies from France to California to Italy have concluded that dogs really can detect the smell of cancer.

Nov 8, 2018 -

Dogs have an incredibly sensitive sense of smell that can detect the odor signatures of various types of cancer. Among others, they can detect colon cancer, prostate cancer, breast cancer, and melanoma by sniffing people's skin, bodily fluids, or breath.





One doggy biscuit and a pat every hour is all they ask ---- Re Covid-19

cheap as chips
instant on site results
over 95% accurate
can detect asymptomatic cases
can detect ordinary cases
uses human sweat from wipe done on the neck
Avoids false readings as with PCR and Antibody tests

The answer boris (and you have been well let down by those around you IMO) is mans best friend

Works out at citca $1 a test ---- is the problem that this is TOO CHEAP FOR SOME ??

regards
buywell

buywell3
25/9/2020
21:56
From the SKIN bb. - (Look away DaveMac)

The Shuffle Man25 Sep '20 - 22:12 - 13119 of 13121
From GB posted on the LSE BB

Two Years to Get Here - PerspectiveToday 22:02
Evening All.

As a large shareholder, I have seen the share price drop, and read the frustration in the comments. But a little perspective is needed. Look what has been achieved in the last 2 years. I am not just talking about the share price, which has been a reflection of the turnaround, but the application of technology that has existed for over 12 years in Labskin. 5 years work in Rinocloud and 30+ years in Modern Water monitoring division.

We didn't set out to develop a COVID19 solution, we set out to transfer a successful project, developed over 4 years, supported by the Irish Environmental Protection Agency which was a 4 second E. Coli detection in water, and I install it into an base of Microtox equipment in 63 countries around the world.

Even as lockdown came in March, we were fixated on and our expertise in bacteria production. It was May when we seen this as much a necessity as an opportunity.

We made an offer to acquire MWG and disclosed it one month ago. It is expected to close early November.

10+ partner, collaboration, cooperation, sub-contract consortium with Top 20 skincare, pharma, woundcare companies, footprint on 3 continents, and Microtox wastewater equipment being retrofitted with SARS-CoV-2 detection technology. That is going to market in Q1 2021,with interest across the globe. That is in the video if you watch it again.

The virus can be detected on the same silicon chips for breath as it can in water. So Aptamers and Affimers have a high sensitivity that we use on the chip. If the virus is captured the alteration in the surface of the chip is detected from our experiments 100%.

Now there are hurdles, but not many, and this will be launched in 2021, initially for SARS-CoV-2, but again in the video if the Affimers and Aptamers are raised for other pathogens, it will detect other pathogens (bacteria/viruses).

Back to perspective. If you are a long term holder you bought because you did your research and you have conviction and you didn't sell. You didn't lose a cent. Unless you sell now it is ugly to look at but it is a number on your screen today. That will change.

If you are a trader and hoped to multi-bag overnight, without doing research, I can't help, as I have a passionate team, who are obsessed and work tirelessly to make a difference that counts and will help everyone.

I didn't give you a shiny polished video at the AGM, not because we couldn't have done, but we would prefer to spend the £30,000 on important things for the laboratory. Instead you got 48 hours of man hours, taking the focus of their job, to tell you of their pride in our Company's success.

Sorry that was long, but it was written with passion and pride in the team. So chillax we are making a difference and it is being noticed.

Last thing is I can't answer over 1000 comments, but I do read, even the angry ones

eeza
25/9/2020
21:51
Yes, AVCT up 10p (~6%) today, whilst MWG off around 20%.
eeza
25/9/2020
21:26
Sludgypilot,

That's not advice. I think yesterday was a PR disaster for SKIN/MWG. Whenever, CEOs/Chairmen need to engage with shareholders/punters on here or Twitter, it's a warning sign to me. I think there is potentially some good technology here - if it works, I am not convinced yet. The lukewarm response from Avacta's CEO said alot.

davemac3
25/9/2020
20:20
I am new to this and still learning so its good to get advice from more experiences guys, the ideas and concepts all seem great just a bit worried i got it all wrong. Any advice is welcomed..
sludgypilot
25/9/2020
19:58
Sludgy if you had done proper research you would know answer to that. Off course it will recover and rise beyond yesterday's high point as we receive regular news from the many revenue streams
oil be there
25/9/2020
19:44
So whats the general feelings here, does anyone think they will recover from this and even make 5p again or is this a sinking ship??
sludgypilot
25/9/2020
17:02
Please tell me we are in the running for this.... few hours to the deadline!Courtesy of a post on an Integumen. Seems Biobot has a head start in the US...https://www.cnbc.com/2020/09/25/hhs-wants-to-test-30percent-of-us-wastewater-for-the-coronavirus.html
shark fund
25/9/2020
16:15
Very interesting post from 'montynj' on SKIN thread.

" Below is copy and paste from lunsam on Twitter...v useful

"Yesterday was a perfect storm. Day-traders looking for the next ‘Covid moonshoot’, coupled with their a major shareholder, the Helium Rising Stars Fund, selling nearly 6%. Helium only invest to £50m mcap, at 61p/64p where they sold #SKIN + #MWG had a combined mcap of >£100m.
Its not within the fund investment strategy to hold companies of that size, which is why they sold. Its a shame it happened yesterday, it created utter panic amongst PIs and what can be only seen as the most ridiculous day of share price movement I have ever seen on AIM. 3/15
I see significant value in the 4 core business channels;.................more

eeza
25/9/2020
15:31
Ask GB what’s happened
He’s unusually quiet isn’t he?

judijudi
25/9/2020
15:26
I cannot believe what has happened in here over the last 24hrsIf only i would have sold at 6p-7pAnd now we might have to wait a while before we ever see that range again
catchingmice
25/9/2020
13:07
I think folks think MWG/SKIN can't deliver on this. The Iabra/TTG episode doesn't help either.
davemac3
25/9/2020
12:16
MM's yanking it up, & then back down, to see how much fruit they can harvest.
eeza
25/9/2020
12:11
if and when? maybe it won't! perhaps, even the so called merger may not happen!
abbynat
25/9/2020
12:00
Bounce will come.
1liam
25/9/2020
11:43
TIMBERWOLF25 Sep '20 - 12:30 - 3943 of 3943
0 1 0
IMHO, this does look like a classic oversell on news, and/or MM's manipulation.
----------------------------------------------
Completely. Just look at the chart. Just a case of buy on the rumour, sell on the news.
And the news was really rather good, though market got a bit ahead of itself, as possibly, did the CEO.
But no-one can fault him for putting his best foot forward.
The world needs to know about the offering.
I think SKIN + MWG will make a brilliant combined entity, and I have not sold a single share since my two buy in prices - 19 & 22.

Looking forward to DVGE.

brucie5
25/9/2020
11:30
IMHO, this does look like a classic oversell on news, and/or MM's manipulation.
timberwolf
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