Modern Water Share Price (MWG)

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	Shares Traded	Last Trade
	-0.05	-3.23%	1.50	265,189	08:20:27

Bid Price		Offer Price	High Price	Low Price	Open Price
1.40		1.60	1.55	1.50	1.55

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Gas Water & Utilities	4.16	-2.47	-2.22		2

Last Trade Time	Trade Type	Trade Size	Trade Price	Currency
16:25:39	O	7,742	1.42	GBX

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Modern Water (MWG) Latest News

Modern Water News

Date	Time	Source	Headline
10/17/2019	1:00	IHNW	FeaturedADVFN Creates Dedicated Platform as Interest Surges for Trusts and Fund
10/09/2019	6:16	IHNW	Featured20\|30 Group appoints Tim Pearce as Commercial Director
09/10/2019	14:38	UKREG	Modern Water PLC Change of Registered Office
09/10/2019	09:06	UKREG	Modern Water PLC Second Price Monitoring Extn
09/10/2019	09:00	UKREG	Modern Water PLC Price Monitoring Extension
08/10/2019	16:41	UKREG	Modern Water PLC Second Price Monitoring Extn
08/10/2019	16:36	UKREG	Modern Water PLC Price Monitoring Extension
08/10/2019	14:05	UKREG	Modern Water PLC Second Price Monitoring Extn
08/10/2019	14:00	UKREG	Modern Water PLC Price Monitoring Extension
30/9/2019	12:18	ALNC	Modern Water Posts Narrowed Loss; To Focus On Membrane Division
30/9/2019	07:36	ALNCF	Alliance News Flash Headline
30/9/2019	07:00	UKREG	Modern Water PLC Half-year Report

More Modern Water News

Modern Water Takeover Rumours

Modern Water (MWG) Share Charts

1 Year Modern Water Chart

1 Month Modern Water Chart

Intraday Modern Water Chart

Modern Water (MWG) Discussions and Chat

Modern Water Forums and Chat

Date	Time	Title	Posts
08/10/2019	14:17	Modern Water	2,696
20/3/2019	13:48	Modern Water - Leading Technologies and Global Markets	1,363
27/9/2017	04:30	take what you can get	2
15/9/2012	15:34	Hello riddler!	-
11/1/2010	09:00	Modern Water	1

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Modern Water (MWG) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2019-10-18 15:25:40	1.42	7,742	109.94	O
2019-10-18 12:26:19	1.42	2,000	28.40	O
2019-10-18 09:16:24	1.42	5,447	77.35	O
2019-10-18 07:12:52	1.46	250,000	3,637.50	O

View all Modern Water trades in real-time

Modern Water (MWG) Top Chat Posts

Date	Subject
18/10/2019 09:20	Modern Water Daily Update: Modern Water Plc is listed in the Gas Water & Utilities sector of the London Stock Exchange with ticker MWG. The last closing price for Modern Water was 1.55p. Modern Water Plc has a 4 week average price of 1.35p and a 12 week average price of 1.25p. The 1 year high share price is 9.60p while the 1 year low share price is currently 1.25p. There are currently 124,693,214 shares in issue and the average daily traded volume is 865,873 shares. The market capitalisation of Modern Water Plc is £1,870,398.21. Read Full Thread Reply
25/9/2019 09:58	norbert colon: So the Group's Monitoring Division has sales of £3.7m (£1.4m of which is recurring) and makes a gross profit of £1.9m.The Balance Sheet for this Division shows non-current assets of £0.5m, receivables of £0.2m and cash of £0.16m so a book value of circa £0.85m.Microtox (essentially the Monitoring Division) was itself acquired by MWG for $US4.5m at a time when it had sales of $US4.8m, GP of $US2.7m and PBT of $US0.54m - a 0.93 x sales multiple or 1.6 x gross profit multiple.Applying similar ratios to the current proposed sale of the Monitoring Division incl. an assumption that 2 x recurring revenue would be a fair multiple implies a likely sale value of £2.7 - £3.0m. The current mcap is just £1.75m.I've been acquiring a few as despite ongoing losses and cash burn in the Membrane Division, the sale of the Monitoring Division looks attractive wrt short term share price action. Sent from my iPhone Read Full Thread Follow Reply
09/6/2019 07:46	sirrux: Strange, Dow made a press release mentioning Modern Water same day as the working capital issue RNS which crashed the share price. Wonder if they meant to release two RNS's or another will follow Monday. It does change the context somewhat if a £3 million market cap company is doing business development deals with a mega cap one. A few questions at least.https://www.dow.com/en-us/insights-and-innovation/product-news/dow-partners-with-modern-water-to-offer-improved-traceable-polymer-system Read Full Thread Follow Reply
17/4/2019 16:14	pugugly: Accounts due "on or about" tomorrow - I wonder how much extra time this might give them? https://uk.advfn.com/stock-market/london/modern-water-MWG/share-news/Modern-Water-PLC-Update-re-Announcement-of-Results/79583965 Read Full Thread Follow Reply
01/2/2019 13:31	varies: Whilst regretting that I took up new shares at 9p in October and taking note of the deplorable run of trading losses tabled here recently, I believe that prospects have improved enough for the present price of 6p to offer a good buying opportunity. We might never see 30p again but it would not take much good news to restore the share price to double figures. Read Full Thread Follow Reply
22/8/2018 08:21	hottingup: Hangzhou/Sunup must be pretty confident of securing some big orders for MWG to have subscribed to new stock at a premium price of 11p and take warrants exerciseable at 13p, compared to the retail share price of 10p. The Interim results may shed more light as trading is improving and costs have bee reduced., and they also have Gibralter. Read Full Thread Follow Reply
21/8/2018 13:38	norbert colon: There is a whole catalogue of potential news to put the heat under the share price namely news of Gib Main Contract Award, contracts via Advent, a big monitoring order from the US, contracts via Sunup etc. Patience required as ever. Read Full Thread Follow Reply
21/8/2018 10:44	argylerich: Stage one ticked off and money in the bank (although £60k will be heading straight back as start up investment). I'm struggling to see what news will bring the share price back up for the subscription, but we'll see. Roll on the results and the next stage. Read Full Thread Follow Reply
21/8/2018 08:23	the big fella: The company need the share price up to where the Chinese have invested. So it is interesting that they will announce the share offer along with the results. Clearly they think there will be enough in the results to get the price to where they need it to be. Otherwise its a complete waste of time and money. Read Full Thread Follow Reply
16/7/2018 23:14	boffster: If you are happy with the company's fundamentals then the short term abberations of a share price should'nt overly concern you, unless of course you are on margin. That's what the likes of Ken don't grasp. It won't affect me one iota if the share price goes to 8p. I won't lose my house or start running around like a headless chicken. I'd most likely buy more. Scare tactics are as ineffective as they are pathetic. Read Full Thread Follow Reply
05/7/2018 07:21	runthejoules: Chinese joint venture and equity issue ... Modern Water plc (AIM:MWG), the owner of leading technologies for water and wastewater treatment and for the monitoring of water quality, is pleased to announce that (i) it has entered into a proposed joint venture with Chinese company Hangzhou Shangtuo Environmental Technology Co. Ltd. (trading as "Sunup") and (ii) Sunup has agreed conditionally to subscribe c.£550,000 for new ordinary shares in Modern Water plc. Proposed joint venture Sunup is an environmental technology company integrating water and wastewater solutions for industrial clients in the People's Republic of China ("China"), with its headquarters in Hangzhou and branches in Beijing, Hong Kong and Qingdao. The joint venture, which has an initial term of 20 years, is conditional upon (i) completion of the subscription by Sunup referred to below, and (ii) the joint venture company, Encyclo Water Technology (Zhejiang) Co., Ltd ("Encyclo"), being granted an extendable business licence ("Business Licence") by the PRC State Administration for Industry & Commerce. Encyclo will promote Modern Water's innovative and proprietary brine concentration technology, the AMBC, throughout China. Upon grant of the Business Licence, Encyclo will enter into a licence agreement with Modern Water whereby (i) Encyclo will exclusively utilise the AMBC technology in all projects in China requiring brine concentration, and (ii) subject to satisfactory performance by Encyclo, Encyclo will be the exclusive vehicle for AMBC projects for both Sunup and Modern Water in China. Modern Water and Sunup will have respective equity interests of 49% and 51% in Encyclo, for which they will initially subscribe approximately US$80,000 each within 3 months of the grant of the Business Licence. Encyclo will have a registered share capital of US$5m. Modern Water and Sunup will appoint to the board of directors of Encyclo two and three directors, respectively. Equity issue Modern Water is also pleased to announce that Sunup has committed to subscribe for 5,021,353 new ordinary shares ("Subscription") at 11 pence per share (total £552,348.83), conditional upon (i) confirmation of foreign investment by the local government of Hangzhou province in China, and (ii) admission of the new ordinary shares ("New Shares") to trading on AIM. Upon completion of the Subscription, Sunup will be interested in 5% of the enlarged share capital of the Company. Sunup has agreed to lock-in restrictions for 12 months following the Subscription and orderly market restrictions for a period of 12 months after that. Finally, Sunup has been granted one non-transferrable warrant per New Share, exercisable within 12 months from completion of the Subscription, at 13 pence per new ordinary share. The issue price of 11 pence for the Subscription represents a premium of 27% over the 90-day volume-weighted average and the share price of 13 pence for the warrants represents a premium of 50% over the 90-day volume-weighted average. Equity issue to existing shareholders Modern Water is finally pleased to announce that, subject to completion of the Subscription by Sunup, the Company intends to give existing shareholders the opportunity to subscribe new ordinary shares, on the basis of one share for every ten held, at the same price as Sunup. Details of the open offer will be announced as soon as practicable following completion of the Subscription by Sunup. Any questions concerning the issue of new ordinary shares should be addressed to the corporate broker, whose details are set out below. Simon Humphrey, Modern Water's CEO, said: "A partnership between Sunup and Modern Water will create value for both companies by combining Modern Water's innovative brine concentration technology with Sunup's knowledge of the market in China and its ability to execute projects effectively and to a high standard. This represents a landmark moment in the commercialisation of our brine concentration technology." Commenting on the project, Noah Tan, Sunup's CEO said: "I am delighted to be able to announce this important strategic partnership which will bring innovative technology to the Chinese market where water conservation is highly prized. We are expressing our confidence in the technology by making a sizable investment in Modern Water plc." ...Maybe my purchase at 9.95p yesterday wasn't such a numpty move after all. I wonder if the Chinese have seen the new plant working already, before we'd even heard about it? Read Full Thread Follow Reply

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