Modern Water Share Discussion Threads

[jamesd888] 10/5/2017 08:53

now up 20 percent

[jamesd888] 10/5/2017 08:53

up 15 percent

[jamesd888] 10/5/2017 08:52

Hold on to your hats...looking good for 40p

[trickster1] 10/5/2017 08:45

Bloody hell. never seen this one. :(

[hottingup] 10/5/2017 08:13

Thanks tt, have subsitituted the details.

[top tips] 10/5/2017 08:08

hottingup here is the official press release 8/5/2017 from HM Government Gibralter reconfirming the waste water contract is to be awarded later this year which you can substitute for the article from GibTV in your heading.

"After taking advice from experts and a great deal of planning, the Government repeats its intention to award the relevant contract later this year."

www.gibraltar.gov.gi/new/sites/default/files/press/2017/Press%20Releases/288-2017.pdf

This is looking incredibly good for MWG.

[madmonkflin] 09/5/2017 16:25

he needs to get off this thread.

[bamboo2] 09/5/2017 16:22

apfindley, I don't know what your agenda is here, but in case you are interested you come across as a very bitter person. You need to lighten up a bit.

[apfindley] 09/5/2017 16:17

PumpedBeware

[hottingup] 09/5/2017 14:56

Hold on to your stock. More clarification today on the big Gibralter contract - "to be awarded later this year":


May 09 – GSD Record On Sewage “Was Rubbish” Says Government
Tuesday, 09 May 2017 10:34 am

The Government replied yesterday evening to GSD criticism targeting delays in the building of a sewage treatment plant.

A statement read:

“The GSD say it is ‘shameful̵7; for this Government not to have awarded a sewage treatment contract after six years so how would they describe their complete lack of action on this subject throughout 16 years in power?

“After taking advice from experts and a great deal of planning, the Government repeats its intention to award the relevant contract later this year.”

www.yourgibraltartv.com/politics/14654-may-09-gsd-record-on-sewage-was-rubbish-says-government

www.chronicle.gi/2017/05/gsd-had-rubbish-record-on-sewage-govt-says/

[englishlongbow] 09/5/2017 12:11

Some of the trade shows MWG are attending --

Expo Shanghai 4-6 May,
Infratech Finland 10-11 May,
African Utility Week Cape Town, 16-18 May
AquaTech China Shanghai, 7-9 June
CIEPEC Beijing, 13-16 June,
IFAT Africa Johannesburg, 12-14 September
WEFTEC Chicago, 2 - 4 October
Teknologie 17 Helsinki, 10 - 12 October

3 in China!!

[apfindley] 09/5/2017 12:04

HahaLooks like it's dropping as the Pumpers exit. The rest of you carry on lying and spouting unrealistic prices. You showing a loss from this mornings premature purchase?

[hottingup] 09/5/2017 11:42

Agreed but happy with 200p if or when it comes.

[hottingup] 09/5/2017 11:41

Well AG you have now shown your true colours as a deramper.

No proving time is needed as they have already been proving their technology in recent years and through contract wins, e.g. China, India, middle east. MWG would not have won preferred bidder status for Gib in 2014 if the tech was not good to go already, which it now is.

Obviously a high status high value contract like Gibralter would as TT pointed out, showcase that particular technology and help win other contracts, while the revenues would underpin the security of the business for at least 20 years.

Obviously as you have been holding for 10 years at a loss and probably sold some recently you feel bitter about not getting back in fully at the start of the recent recovery.

[argylerich] 09/5/2017 11:31

Bamboo, a good pump and dump has to base it's story on something, I agree that mwg may be turning a corner but a re-rating to this level?

Saying that the Gib contract is 'transformational' and will value the company at over £150million ?????????? It's probably worth sod all in the short term and there will be 5 years proving time minimum for the tech as we've seen elsewhere.

[bamboo2] 09/5/2017 11:18

AR, This rise in the share price has been going on for over a month now, which makes me think there is much more to it than a p&d.

Potential t/o? There are a number of large shareholders that would need to be on-side, but since this is the raison d'être for IPO Groups existence, I don't see why it shouldn't happen.

[argylerich] 09/5/2017 10:53

"I see the derampers have arrived."

Sorry to ruin your story pal but I've been around this share for 10 years

[tell sid] 09/5/2017 10:41

Thanks. Looks good. Some profit taking along the way by weak holders is inevitable but its obviously worth a lot more with Gibralter and the rest of the business turning around since the new strategy in 2015. I understand that other contracts across their product range are in the pipeline to be announced and there is also the graphene involvement. Not sure about 200p but 140p would about equal the previous high when they were at a much less advanced stage so presumably 150p - 175p would seem about right now.

[top tips] 09/5/2017 10:40

Its on MWG's website:

www.modernwater.com/media-events/press-releases/list/

[top tips] 09/5/2017 10:37

I see the derampers have arrived.

Just to recap on Gibralter.

In 2014 MWG were selected for design, build and running of a new waste water treatment plant in Gibralter, serving 60,000 people. Implementation was delayed by government indicision.

www.uk.advfn.com/stock-market/london/modern-water-MWG/share-news/Modern-Water-PLC-Modern-Water-JV-appointed-as-pref/63927564

In March 2017 MWG stated, "We remain the preferred bidder for a wastewater project in Gibraltar. Modern Water has completed its current obligations and continues to assist in the project's advancement".

The EU court ruling last week and the new Gibralter Government's response now indicate it will go ahead. "This took a great deal of time to resolve. At present discussions on the funding model for the plant are in an advanced stage and the government will be making a full announcement soon."

www.gibraltar.gov.gi/new/sites/default/files/press/2017/Press%20Releases/277-2017.pdf

Its worth £millions to MWG and will initially run for 20 years, so underpinning revenues for the company for many years to come and further showcasing MWG to the world. Its transformational. 150p to 200p.

[argylerich] 09/5/2017 10:27

No RNS so far despite others on the Muppet thread claiming it's been released.

Just looks like plain old pump and dump to me.

[top tips] 09/5/2017 10:10

Then add in the recent expansion in India, middle east, far east, etc. It all adds up. 150p to 200p.

[top tips] 09/5/2017 10:10

Just to recap on Gibralter.

In 2014 MWG were selected for design, build and running of a new waste water treatment plant in Gibralter, serving 60,000 people. Implementation was delayed by government indicision.

www.uk.advfn.com/stock-market/london/modern-water-MWG/share-news/Modern-Water-PLC-Modern-Water-JV-appointed-as-pref/63927564

In March 2017 MWG stated, "We remain the preferred bidder for a wastewater project in Gibraltar. Modern Water has completed its current obligations and continues to assist in the project's advancement".

The EU court ruling last week and the new Gibralter Government's response now indicate it will go ahead. "This took a great deal of time to resolve. At present discussions on the funding model for the plant are in an advanced stage and the government will be making a full announcement soon."

www.gibraltar.gov.gi/new/sites/default/files/press/2017/Press%20Releases/277-2017.pdf

Its worth £millions to MWG and will initially run for 20 years, so underpinning revenues for the company for many years to come and further showcasing MWG to the world. Its transformational. 150p to 200p.

[apfindley] 09/5/2017 10:04

There will be an rns on this rise. A reason for or a reason against.

[amrishbhim] 09/5/2017 10:03

RNS should be out in an hour or before regarding movement of share price, there is a reason , see the website, this is why the price been let go by the market to bring it online with its actual price