Modern Water Share Discussion Threads

[timberwolf] 26/12/2013 20:28

Thanks for your input galacticus, but, personally, I'll be sticking to the market fudamentals here :-) By that I mean more generally the overall group sales, cost of sales & ongoing cash burn.

[galacticus] 26/12/2013 18:59

big golden cross evolving and a break of 41 leads to blue sky , and now Chinese licence in place and first few contracts in place its positioned for a big 2014 imo.

[p1nkfish] 11/12/2013 07:29

Some news but not good enough.
In fact, unless a commercial customer, it's a bit lame and they need to move outside of universities.

Great to help Fukushima but where's the money?

Hope this is not thrown out just to keep shareholders fed BS.

[opaldouglas] 03/12/2013 08:12

I'm obviously very happy with yesterdays news, although the Ottomen deal isn't a mega plant its still more the double the size of MWG largest plant to date and the first in China which is certainly progress.

The job advert which was advertised last month stated:

"In the light of current bids (Middle and Far-East as well as Europe) and the likelihood of there being a number of concurrent projects arising, this post is seen as a crucial hire for the business and will be tailored to attract the best"

So I expect more news on the horizon in due course from the Middle East.

The partnership with Hangzhou Water seems to be progressing well.

[cheeseandbiscuits] 02/12/2013 20:53

I presume your call went well although I guess their hands are tied in terms of giving out any crucial new information? Good that it convinced you to stay though, looks like the company is going in the right direction too but as you say I need to do more research into its longer term plans and strategies

[mountain man] 02/12/2013 20:22

T
I'm a long term holder too. I have enough shares and had enough concern to phone the company some months ago. I can only suggest you consider doing likewise. New technology of this nature takes time to get established. This is a start in a major market with a very strong partner. Exciting future IMHO but DYOR.

[cheeseandbiscuits] 02/12/2013 19:53

Timberwolf, as you are a long term holder and I only came in today I'm now a bit nervous as you don't sound all that convinced? I presume you must be confident of the growth? Is this contract enough to tip this company into an operating profit? I'm looking at it thinking this could easily get to 60??

[timberwolf] 02/12/2013 19:16

As a long term MWG shareholder since just after launch (my average share price now down to 56p after various top-ups on dips) I see this as positive news, but nothing to get particularly excited about. I very much go along with the sentiment in the post from visionon #778. The first commercial Forward Osmosis desalination plant built at Al Najdah in Oman was only designed to have a capacity of 200 m3 per day, which although double the pilot plant at Al Khaluf, is frankly tiny. This new project is scheduled to have a capacity of around 500 m3 per day. For reference though, the largest modern plants today are designed for a capacity of over 200,000 m3 per day. OK, of course I'm not saying that I would expect anything like this, but I would still like to know MWG's future intentions are as to how they will be progressing sales in this sector. Will it be by licence? Will it be by actual plant construction (presumably with a partner(s)), or what exactly?

I agree with visionon in that, also, IMHO, it's taking longer than originally envisaged for FO to take hold and one can only hope that this new project will be the catalyst for a quicker adoption in the global markets, where the potential for more efficient desalination operations is massive over the coming years.

So, agree, happy but cautious.

[cheeseandbiscuits] 02/12/2013 15:37

L2 strong or are we tailing off for the day? I think more of the same tmrw either way personally

[mountain man] 02/12/2013 13:50

VI viewed the announcement as the start of the transformational news that we all hoped for. More contracts will be forthcoming for both large and small plants. Just think of the number of small plants that could be supplied to coastal towns and villages not only in China but globally. The market is huge and a start has been made. Love the idea of making the start by supplying water to a up-market resort! DYOR

[visionon] 02/12/2013 13:35

I have mixed feeling about the RNS.

The Ottomen deal is to supply a luxury island marina development. Good news but not exactly a transformational deal. Plant is relatively small and buyer relatively specialised. But I guess there might be lots of water stressed potential marina schemes in the increasingly wealthy orient.

Containerised deal is interesting but slightly confusing in that it is for an existing RO unit, rather than somehow making it better by incorporating MWG's FO technology. Does that mean that MWG are struggling to get traction with FO ? I found the report below which is well worth reading. Dates from March 2012 so maybe some market consolidation since then.

Overall - happy but cautious. My gut feeling is that FO is proving to be hard work but that water monitoring and water product middlemanship are growing steadily. Welcome thoughts of others here on the containerised market.

hxxp://www.globalwaterintel.com/archive/13/3/market-profile/desal-revolution-box.html

[mountain man] 02/12/2013 13:09

Patience is all that was required and now it is paying off. Glad I took advantage at 30p and for me this is a hold for at least another 3 or 4 years. The market is huge and this is the platform that will propel significant growth from now on imho. Dyor

[p1nkfish] 02/12/2013 13:06

Good news out of China and a mention by the PM too.
Onward.

[p1nkfish] 14/11/2013 14:34

Not waffle.
Useful.
Thanks.

When it starts to move and win business it will be ripe to be bought out.

[visionon] 12/11/2013 12:13

Cameron is visiting China early December so maybe there will be a contract announced to coincide with that...

Great find above Opaldouglas. Thanks. The ad wording suggests that they are in a hurry to get someone good. I think the last big recruitment push was for sales people so this ad suggests, dare I say it..., that the sales people may have success on the visible horizon.

I still think that there will be a desal contract win this year but that the announcement might come as late as December.

[p1nkfish] 12/11/2013 11:34

What is holding up winning more Desalination work?
It looks like a no-brainer for some parts of the world so why the slog?

[opaldouglas] 12/11/2013 08:25

Job going if anyone is interested ;)

On a serious note I wasn't aware any tenders in Europe?

"In the light of current bids (Middle and Far-East as well as Europe) and the likelihood of there being a number of concurrent projects arising, this post is seen as a crucial hire for the business and will be tailored to attract the best"




Project & Contracts Manager - Global Water & Wastewater Treatment Plant
Recruiter Novo Executive Search and Selection Posted11 November 2013 Closes 11 December 2013 Ref NG 1113 PCM LocationBased from Guildford H/O, with extensive international travel required Sector Engineering, Chemical, Civil, Mechanical, Project Engineering Function Project/Programme Management Job Type Manager Hours PermanentSalary Salary from £60k to £70k+ dependent on experience plus usual benefits View all Novo Executive Search and Selection jobs
Apply now
Further information
The Company

Modern Water plc owns a portfolio of water technologies to address the limited availability of fresh water and the treatment and disposal of wastewater worldwide. It was established in 2006 and listed on the Alternative Investment Market (AIM) of the London Stock Exchange in 2007. The Group has grown substantially since and now owns, installs and operates world-leading membrane technologies and develops and supplies advanced systems for water monitoring through its two divisions; the Membrane Processes division and the Monitoring division. The Group is at the leading edge of new patent-protected technologies, including Forward (Manipulated) Osmosis. A full view of the business can be accessed on the company website – www.modernwater.com

Modern Water plc is the clear global leader in its chosen technologies; all of which offer significant benefits in terms of capital and operating cost savings, as well as reductions in energy and environmental discharges. The Group, headquartered in Guildford, Surrey, currently employs almost 60 full time staff around the world.

The Role and Responsibilities

Based from the Modern Water Head Office in Guildford, the Project and Contracts Manager (P&CM) will have a very hands-on, global remit for the methodologies and standards applied to all MW projects, setting up robust systems for project management that ensure delivery on-time, on-budget and to-specification of complex full turnkey and packaged plant projects in the water and wastewater treatment field – particularly those involving the company's patented Forward Osmosis technologies.

In the light of current bids (Middle and Far-East as well as Europe) and the likelihood of there being a number of concurrent projects arising, this post is seen as a crucial hire for the business and will be tailored to attract the best.

The P&CM will be the hands-on lead of a multi-disciplined project team, working on plants (potentially) globally. They will be responsible for all aspects of the project/s, from initiation through to hand over, post hand over support and for warranty issues. The P&CM will have a crucial client-facing role as well as considerable autonomy in dealing with sub-contractors, suppliers and other third parties (government bodies etc). They may be required to manage a number of projects at the same time. In this role the P&CM will be the key player in successfully managing the delivery of the company's projects and will report to the MD of Membrane Processes – Roger Webster.

The medium term aim of the role is to develop and lead a project management team that will underpin the company's delivery of projects for the long-term.

Qualification and the Individual

Candidates will be qualified, ideally at degree level (though HND is acceptable) in a relevant Engineering discipline – Mechanical or Civil and have, post-degree, professional Project Management qualifications such as Prince 2 etc.

In terms of experience and knowledge, candidates will have:

Proven experience with water and/or wastewater treatment plant project management
Previous international / overseas PM experience is crucial and a record of working in the Middle East would be an advantage
Ability to manage multiple projects, either on a full turnkey basis or with packaged plants
Clear record of evaluating project risks and facilitating the project team to identify risks. Able to prepare risk register and put in place risk mitigation strategies.
Solid working knowledge of Microsoft Project and/or other programmes such as Suretrack, Primevera or P3.
Whilst not essential experience with / of membrane treatment and technologies would be an advantage.
In terms of aptitude and character, candidates will be:

Practical, hands-on, organised, confident and articulate.
A natural leader, committed and hard-working – inspiring others
Highly motivated, with good interpersonal skills and a flexible 'can do' attitude
Able to communicate clearly and accurately both externally and internally.
Adaptable and motivated to contribute; able to further develop personally with the company as it grows.
The Opportunity

This opportunity represents the chance to join a business that:-

Is the established and proven leader in Forward Osmosis technology and is more widely at the cutting edge of water and wastewater treatment

Enables you to work within an intellectual 'powerhouse' committed to making a real contribution to one of the world's most urgent challenges – potable water availability

Will recognise and value your contribution to setting up and developing the Project Management function, your delivery of both current and future projects and enable you to build a team as business demands grow

Is well financed, commits large expenditure to R&D and product development and can offer long-term career development and incentives for success.

[p1nkfish] 09/11/2013 13:32

If they can't win business in thi engironment they necer will. Beijing,

[opaldouglas] 08/11/2013 07:26

Certainly plenty of events in the diary!

[p1nkfish] 03/11/2013 20:39

Saw the Toronto Money Show and a particularly interesting presentation about Saudi Arabia.

Saudis are desperate to develop their own Wheat market and actively looking for desalination and salt tolerance in the plants.

This might play to MWG ad PIM strengths. Both in emerging markets, both UK and both on the cusp of something impressive.

[p1nkfish] 31/10/2013 23:59

This is desperate to see movement on the membrane front. Come on, throw us a bone.

[opaldouglas] 30/10/2013 20:18

MWG keeping up appearances at MYANMAR water expo recently.

[mountain man] 29/10/2013 16:24

p
All falling into line for the patient. Lack lustre - I wouldn't call it that - it just takes a little longer over there - such a huge market and a massive area to operate in.
I added too at around 30p. The large sells were mostly mopped up by Henderson who increased their stake by 2% from memory.
Exciting times ahead I believe.
DYOR

[p1nkfish] 29/10/2013 15:27

They have to do something with monitoring looking at the so far lack lustre progress. FO, in theory, be a bit of a no brainer. Anyone know who the big seller was couple/3 weeks back?

Have bought a couple of times on the back of their sells.

Look forward to sales progress.