Modern Water Share Discussion Threads

[hottingup] 12/4/2017 13:56

If you cannot assess MWG as a good investment hold you probably should not be dabbling in the stockmarket. Some people put money into oil companies with massive cash burns and only 20% or less probability of success and often lose everything. As someone said earlier, MWG is a real company making real products that address real needs - needs which increasingly also include legal requirements to meet specific water quality standards which is a further driver for demand.

[jailbird] 12/4/2017 13:50

Cash burn is £2M /year and will reduce a little more by end of year .Their cash resources in current working cap requirements are enough with the credit facilities. They business as a whole is still loss making with their monitoring division at breakeven.Not sure what revenues/profits were being made when these were 63p or higher. A comparison may help.Forget historical figures for now , are they cashflow positive and making profits yet?

[hottingup] 12/4/2017 13:45

Another quote from the Annual Results last month:

Aquapak -

"We continue to actively generate a significant number of enquiries and are pursuing a number of projects. We are confident of receiving further orders in the coming months."

[top tips] 12/4/2017 13:37

MWG were 43p in 2014, 63p in 2013 and 136p in 2007. Must be worth somewhere in that range now the fundamentals as you rightly say are turning around.

[hottingup] 12/4/2017 13:31

Its the improving fundamentals and market potential that will provide recovery. Graphene is a bonus and was not on the books when the share price was previously much higher.

[smithless] 12/4/2017 13:07

Way over bought - 14 day RSI at 95. The graphene side, if it ever happens, will take years to develop IMHO

[jailbird] 12/4/2017 13:00

Look at the mkt cap not the chart

[philjeans] 12/4/2017 12:50

Just look at the chart - and see where we're going!!

[tell sid] 12/4/2017 12:45

And if the new £22 million Gibralter contract comes through it would be £5.

[tell sid] 12/4/2017 12:44

I expect this to be back over £1 pretty sharply.

From last year 21/3/2016 ----

Joint commercialisation agreement with Advent Envirocare regarding brine concentration for wastewater treatment in India....for the joint development and commercialisation of Modern Water's proprietary all membrane brine concentration (AMBC) technology which will be applied to wastewater treatment plants across India.
....The integration of Modern Water's brine concentration technologies substantially reduces both the capital costs and, in particular, the operating costs necessary.
....the parties are jointly funding and deploying a pilot test plant at an operational wastewater treatment site in India and will complete testing by the end of 2016. ....the plant will demonstrate to the customer the full economic and process advantages of the technology, specifically, the significant reduction of waste water volume for subsequent brine crystalliser treatment at low operational cost compared to existing processes.

Simon Humphrey, CEO, Modern Water, said: "....This project will clearly demonstrate the benefits of Modern Water's approach and will allow us to promote our brine concentration technology throughout the world."

Soham Mehta, Managing Director, "....at a time when Advent Envirocare is executing some of the largest ZLD projects in India, the stage is set for this partnership to flourish."

15/3/2017 ----

Chairman's Statement
" it was very pleasing to announce the award of a contract in February 2017 for the provision of our proprietary All Membrane Brine Concentration (AMBC) technology. Our innovative AMBC technology will be used to treat wastewater produced by an India-based customer involved in the textiles industry. The project will be executed in partnership with Advent Envirocare Technology during the course of 2017. Once commissioned, this plant will provide us with a fantastic shop window for our technology and will provide us with a springboard into other markets and geographies."

All Membrane Brine Concentrator (AMBC)

"In March 2016 Modern Water signed a joint development and commercialisation agreement with Advent Envirocare Technology, based in India. Following successful piloting of the technology in December 2016, the first commercial order was secured rapidly. In early February 2017 an agreement was reached to deploy our technology in a textile dye facility. A second AMBC trial in a different industrial sector is scheduled to commence in India later this year."

[p1nkfish] 12/4/2017 12:41

Expect American interest to rise.

[p1nkfish] 12/4/2017 12:40

Water is critical across developed and under developed markets.

If patient, this will pay back handsomely.
Offers a compelling set of products on ROCE by the customer in terms of energy and maintenance costs not to mention monitoring.

Clean water and water re-use is so critical it can't be under estimated as a market potential.

The potential of using brine for sewage is another.

This has multiple moving parts that can justify current market cap individually.

Once they all become self sustaining (I think they will) this will be many times today's market cap.

[hastings] 12/4/2017 12:19

Got my write up tidied up for next week having started penning at 7p!I'm going to have to make some adjustments methinks!!Story is the same however, will try and pop it up on the Cambridge News website tomorrow, hopefully of interest to others.

[philjeans] 12/4/2017 12:12

Miles to go here yet - tiny M/C for what is really a hi-tec business with huge potential.

20p target

[jailbird] 12/4/2017 12:10

Or I have 'missed the boat' as some may say

[jailbird] 12/4/2017 12:09

Ramped across the boards I see Was gonna buy as a punt this morning ...RSI is very tippy now May look again when this froth comes off..

[tell sid] 12/4/2017 09:41

I expect MWG to be back over £1 very quickly.

From last year 21/3/2016 ----

Joint commercialisation agreement with Advent Envirocare regarding brine concentration for wastewater treatment in India....for the joint development and commercialisation of Modern Water's proprietary all membrane brine concentration (AMBC) technology which will be applied to wastewater treatment plants across India.
....The integration of Modern Water's brine concentration technologies substantially reduces both the capital costs and, in particular, the operating costs necessary.
....the parties are jointly funding and deploying a pilot test plant at an operational wastewater treatment site in India and will complete testing by the end of 2016. ....the plant will demonstrate to the customer the full economic and process advantages of the technology, specifically, the significant reduction of waste water volume for subsequent brine crystalliser treatment at low operational cost compared to existing processes.

Simon Humphrey, CEO, Modern Water, said: "....This project will clearly demonstrate the benefits of Modern Water's approach and will allow us to promote our brine concentration technology throughout the world."

Soham Mehta, Managing Director, "....at a time when Advent Envirocare is executing some of the largest ZLD projects in India, the stage is set for this partnership to flourish."

15/3/2017 ----

Chairman's Statement
" it was very pleasing to announce the award of a contract in February 2017 for the provision of our proprietary All Membrane Brine Concentration (AMBC) technology. Our innovative AMBC technology will be used to treat wastewater produced by an India-based customer involved in the textiles industry. The project will be executed in partnership with Advent Envirocare Technology during the course of 2017. Once commissioned, this plant will provide us with a fantastic shop window for our technology and will provide us with a springboard into other markets and geographies."

All Membrane Brine Concentrator (AMBC)

"In March 2016 Modern Water signed a joint development and commercialisation agreement with Advent Envirocare Technology, based in India. Following successful piloting of the technology in December 2016, the first commercial order was secured rapidly. In early February 2017 an agreement was reached to deploy our technology in a textile dye facility. A second AMBC trial in a different industrial sector is scheduled to commence in India later this year."

[top tips] 12/4/2017 08:38

A real company making real products that meet real needs.

[runwaypaul] 11/4/2017 20:29

to all dreamers and chancers.goodluck

[hottingup] 11/4/2017 19:56

Looking at the chart its interesting to see how rapidly in 2009 the share price rose from below 30p to around 87p, a rise of around 58p. A similar rise now from where it was a few weeks ago would take it back above 60p, which it also touched in 2011 and 2013.

[top tips] 11/4/2017 16:36

Get in now to ten bag.

[top tips] 11/4/2017 16:36

This looks like a coiled spring.

[cyberbub] 11/4/2017 16:27

The last results show them making about 50% gross margin, and they need to cover the £4.4M administration costs as a bare minimum.So they really need to be making £10M revenue, which is almost treble what they are currently making.Simplistic yes, and I do appreciate that they might do more on their higher-margon work. But probably not far out? I'm not saying they can't do it BTW!

[hottingup] 11/4/2017 16:20

I will add more details later.