Water Intelligence Share Discussion Threads

[shanklin] 25/4/2018 10:40

silverfern

If one puts through a fill or kill order and it gets rejected, the MMs quite often increase the offer price.

[silverfern] 25/4/2018 10:20

Not sure how not buying can change anything! If you scroll back you'll see the regulars on here, buy regularly to top up their holdings. It may be that a big purchase/sell can move the price, but for my money (and there's quite a bit here) I see this only going one way over the next 2-3 years as they execute their growth strategy.

[shanklin] 25/4/2018 08:23

Well I didn't manage to buy any but I suspect I helped increase the share price

P.S. Have opened a position here.

[expletive deleted] 25/4/2018 08:04

Yes, and probably no sellers this morning.

[shanklin] 25/4/2018 08:03

Is it normally very illiquid?

[masurenguy] 25/4/2018 07:48

Great update !

Major highlights:

1. Total sales of $5.3m, a 40% increase over $3.8m in Q1 last year.

2. Pretax profits of $0.6m, a 50% increase over $0.4m in Q1 last year.

3. US Leak Detection core business royalties of $1.7m, a 6.5% increase over $1.6m in Q1 last year.

4. Corporate-run operation sales of $2.5m, a 67% increase over $1.5m in Q1 last year.

5. Parts and equipment sales of $0.25m, a 20% increase over $0.21m in Q1 last year.

6. Business-to-business channel sales of $0.9m, a 300% increase over $0.3m in Q1 last year.

7. In March, a fundraising of circa $7.5m - equity of $5.8m plus an increase in debt facilities of $1.7m.

Plans to add to existing water infrastructure technology via partnerships established in Q1 with "AI-first" (Artificial Intelligence), home services product companies such as Flo Technologies & video solutions companies such as Tagasauris. These new partnerships will help to redefine the Group as a leading edge technology brand providing products & services to address water loss problems globally.

[silverfern] 25/4/2018 07:33

Excellent update- revenue up40% but profit up 50%. I would expect Q2 to be higher than Q1 and through the year. I am happy with what they are doing.

[effortless cool] 25/4/2018 07:12

An unexpected q1 update this morning, and very good it is too. I'm going to wait until the results for 2017 come out next month to revise my model, but I am confident that my valuation will be going up.

[effortless cool] 13/4/2018 16:19

Oryx, who came in on the recent fundraising, have now grabbed a quick profit on 15% of their holding.

[silverfern] 09/4/2018 17:42

WEll for anyone selling someone is mopping them up. INteresting to see in the trades window

[masurenguy] 09/4/2018 10:44

Continuing an upward trend on a minimal trading volume!

[silverfern] 09/4/2018 10:32

I purchased more on Friday- plenty of growth left here

[masurenguy] 22/3/2018 16:19

Yes, some very positive momentum on such a big down day.

[someuwin] 22/3/2018 11:33

Just seems to keep trending upwards.

[effortless cool] 17/3/2018 17:00

I signed up to a one week free trial on Research Tree to get the FinnCap note. I have to say it is a bit disappointing - one page of text that adds little to the RNS and six pages of numbers, many of them meaningless for a share of this nature.

[someuwin] 16/3/2018 17:16

Oryx International Growth Fund take a 4.83% holding.

[someuwin] 16/3/2018 11:37

Haven't seen the note itself. Just saw it on this list...

[masurenguy] 16/3/2018 08:53

Are you able post a link to the finnCap note? TIA

[someuwin] 16/3/2018 08:44

finnCap ups WATR target price from 208p to 263p.

[effortless cool] 15/3/2018 09:37

Not a game-changer by any means, but good to see the placing funds being deployed quickly and constructively.

[silverfern] 09/3/2018 14:28

Looks like DeSouza's stock has just gone through. Should put a bit more liquidity into the market.

[someuwin] 09/3/2018 14:22

Nice move up today.

[effortless cool] 07/3/2018 13:10

Agreed - I have just added a few too.