Water Intelligence Share Discussion Threads

[professor x] 08/11/2024 08:26

A very good read if you have a spare few minutes:

hxxps://theoakbloke.substack.com/p/watr-leader?r=2o5lxe&utm_campaign=post&utm_medium=web&;triedRedirect=true

[this_is_me] 04/11/2024 08:26

The top franchisee has been put in charge of the whole operation in the USA.

[waldron] 04/11/2024 07:56

Water Intelligence PLC Strategic Reacquisition of Dallas, Texas Franchise
04/11/2024 7:00am
RNS Regulatory News

RNS Number : 7837K
Water Intelligence PLC
04 November 2024




logo 3.tif



Strategic Reacquisition of Dallas, Texas Franchise

Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Group"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to announce the strategic reacquisition of its franchise in Dallas, Texas within the Group's core American Leak Detection ("ALD") subsidiary.

Key terms of the Acquisition

The transaction involves consideration of both cash and stock options. $12 million in cash is spread through 2027 and based on performance of $2.3 million in adjusted profits for 2027. $5 million was paid at Closing based on a trailing twelve months pro forma of $6 million in sales and $1.0 million in adjusted profits and $0.3 million in total assets. $2.5 million is scheduled to be paid in 2025 based on a pro forma with increasing profit before tax. Options for 200,000 ordinary shares are issued in amounts and at exercise prices as follows: 100,000 at $6.25 per share; 35,000 at $7.50 per share; 35,000 at $8.75 per share; and 30,000 at $10.00 per share respectively and vest over 4 years. The purchase price includes all assets required to conduct operations, including trucks and equipment. The transaction is accretive for the Group's shareholders.

Strategic rationale for the Acquisition Including Appointment of CEO for ALD

Today's transaction is strategic for the Group. First, and most importantly, Will Knell, owner of the Dallas franchise is appointed CEO of ALD, the Group's core subsidiary representing approximately 85% of the Group's revenues. Mr. Knell has significant experience in operations and is well respected among the franchise System having previously been awarded Franchisee of the Year. The Dallas franchise represents the single largest location in terms of sales in the entire franchise System and is fast growing. Second, strategically there are significant operating synergies between the Dallas location and ALD's neighboring corporate-operated location in Fort Worth, Texas. Integration of both operations will create cost savings. Moreover, in terms of future revenue growth and scale, the Dallas-Fort Worth metroplex is expected to rival New York and Los Angeles in size and concentration of disposable income by 2030. Third, the Group plans to move the headquarters of ALD to Dallas during 2025 and to build a training center similar to the one the Group opened in Bridgeport, Connecticut during Q3. The centrality of the Dallas / Fort Worth location in the United States will enable the Group to accelerate its strategic growth plan organically and with its national partners especially insurance companies and technology product companies.

2025 and Capital Allocation Plan

The Group has sufficient resources on hand to execute its growth plan; moreover, the Group remains under-levered enabling it to apply more capital to accretive opportunities that may emerge. With today's acquisition, the Group has strengthened its management team and execution capabilities to advance more rapidly both organic growth and additional acquisitions for 2025 pursuant to its previously announced capital allocation plan.

Executive Chairman, Dr. Patrick DeSouza commented: "When we provided our Interim Update in September, we indicated that we were confident about the future and that our Next 50 Initiative would put an accelerated growth plan in place. Today's announcement reinforces that message because beyond the strategic nature of the Dallas reacquisition, we are advancing the execution leadership of the Group in a significant way.

Congratulations to Will Knell who is an outstanding leader and a perfect fit for the future of the Group. Our entire franchise System, representing over $100 million in gross sales to customers is excited by the appointment of Will and an updated growth plan that we will be unveiling prior to year-end. Will's appointment and the move of ALD's headquarters to Dallas is a great way to kick-off our Next 50 Initiative named after our fiftieth anniversary celebration of the establishment of ALD two weeks ago at the Group's annual convention."

Will Knell, CEO of American Leak Detection added: "I truly appreciate the confidence that the Board, management and our franchise System have in me. On previous occasions, including most recently at our fiftieth anniversary celebration of American Leak Detection, I have met with some of our institutional and individual investors and welcome their support and the opportunity that our team has to deliver for our shareholders.

Our Dallas franchise operation and the neighboring corporate-operated location in Fort Worth have served as a model testing site for the various technology investments that the Group has made ranging from Salesforce to LeakVue. Leveraging our strong results and our operating experience as "super-users", we expect to help the Group scale with these investments and realize gains in organic growth in 2025 and beyond.

It is very exciting to help the Group transform water infrastructure services as a platform or "one stop shop" across the United States and, along with my colleagues in the UK, Ireland, Canada and Australia."

[florence141414] 31/10/2024 07:20

Does anyone have an opinion on whether or not to count the b shares in a calculation of market cap?

On the one hand they are voting shares, but, on the other they have no economic rights. If the reason we own shares is to share in the profits of the company and the b shares do not then should they be discounted?

Are they not essentially treasury shares with a vote?

[baldrick1] 24/10/2024 07:45

Will be well underwater by the end of this month..stay long

[baldrick1] 24/10/2024 07:11

Stay long right down Dudishes;))

[baldrick1] 23/10/2024 15:41

Bwana haha haha..sure stay long ;)))

[baldrick1] 22/10/2024 15:20

Not good here Dudishes bwana ha ha ha;)))

[chester9] 14/10/2024 06:48

The ability to complete buy backs hopefully will allow the BOD. To give share price some momentum once Rachel's budget facts are known. I would not start any until she has done her worst.

[effortless cool] 14/10/2024 06:45

No problem - reasons already in the header.

[professor x] 13/10/2024 20:18

If you don't mind me asking, what are your reasons for selling?

[effortless cool] 12/10/2024 16:16

It's been a long, exciting and profitable ride, but I'm out now.

Good luck to holders.

[baldrick1] 08/10/2024 15:09

I'm long on evok since 51p. My target eoy 125p or 250-300p if another bid for the company comes sooner .Playtech previous bid was 150p.Still very cheap at 67p.

[baldrick1] 08/10/2024 14:33

I have been trading avct since the lows of 43p. Profits go to charity accounts . ;))

[dudishes] 07/10/2024 11:48

Hi again Baldrick1, as you asked, herewith,

Re: NCYT, as announced on that same thread, I closed my short @ 58p.


Incidentally, I also had a 2nd bite of the cherry there. In fact, it may have been my

third bite? However, at 58p it is my largest financial win since dotcom!

If you would like to know the amount you can contact me offline.

cheers

Edit: Just checked NCYT, I notice that are missing, I wonder why?

[dudishes] 07/10/2024 11:36

Hello Baldrick1 fancy you following me here and elsewhere, have a nice day.

I'm long here @400 & 403.

I was in a while ago, got bored and got out breakeven, shortly afterwards they shot up, which I missed, so hoping for a 2nd chance, why not give it whirl.

cheers

[baldrick1] 04/10/2024 14:09

Are you shorting this Dudishes like ncyt???

[waldron] 03/10/2024 17:07

Water Intelligence plc (AIM: WATR.L) ("Water Intelligence", the "Company" or "Group"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water, announces today that it has posted a Circular to Shareholders giving a Notice of Annual General Meeting, to be held at 10:30am on Monday 7 October 2024.

Perhaps all will become clear where we be heading next week

[waldron] 03/10/2024 16:36

It seems that BUYBACKS give at best a temporary floor or support

The markets usually do not like,preferring a decent divi and or projects giving added
profits with future cash flows

happy to see a share price rise however




BUYBACKS AS OPPOSED TO DIVIDENDS OR PROJECTS GIVING JAM TOMORROW

Ariane
10 Aug '18 - 13:24
0 8 1
WOULD YOU PREFER A WELL BALANCED USE OF FREE CASHFLOW

NOT ALL OF US WISH TO ARTIFICIALLY SUPPORT OR MASSAGE THE SHARE PRICE
TO PERHAPS ALLOW DIRECTORS TO PROFIT THROUGH A REMUNERATION PACKAGE
THEREBY LINKED

MORE DIVIDEND PLEASE SIR

[chester9] 03/10/2024 16:23

AGM should pass the ability to start buy backs. That will start to give share price more momentum.

[dudishes] 27/9/2024 16:48

Tks W. could be a very long termer?

[waldron] 27/9/2024 05:07

Analysts' Consensus


Mean consensus
BUY

Number of Analysts
2

Last Close Price
4.000GBP

Average target price
8.000GBP
Spread / Average Target
+100.00%

High Price Target
8.000GBP
Spread / Highest target
+100.00%

Low Price Target
8.000GBP
Spread / Lowest Target
+100.00%

[waldron] 26/9/2024 19:07

Water Intelligence plc (WATR.L)

Compare
400.00
+2.50
(+0.63%)

At close: 4:16 PM GMT+1

Date 9/26 10:29



Previous Close 397.50

Open 399.45

Bid 395.00 x --

Ask 405.00 x --

Day's Range 395.00 - 400.00

52 Week Range 310.00 - 450.00

Volume 10,572

Avg. Volume 10,085

Market Cap (intraday) 69.595M

Beta (5Y Monthly) 0.47


PE Ratio (TTM) 20.00

EPS (TTM) 0.20


Earnings Date Sep 25, 2024

Forward Dividend & Yield --
Ex-Dividend Date --

1y Target Est 8.05

Water Intelligence plc, together with its subsidiaries, provides leak detection and remediation services for potable and non-potable water in the United States, the United Kingdom, Australia, Canada, and internationally. The company operates through Franchise Royalty Income, Franchise-Related Activities, US Corporate Operated Locations, and International Corporate Operated Locations segments. It offers water leak and repair solutions. The company is involved in franchising activities, as well as operates corporate owned stores. In addition, it provides clean water and waste-water solutions for residential, commercial, and municipal customers. Water Intelligence plc was incorporated in 1974 and is based in London, the United Kingdom.

waterintelligence.co.uk

482
Full Time Employees

December 31
Fiscal Year Ends

Industrials
Sector

Specialty Business Services

[waldron] 26/9/2024 18:57

WATR Analyst Ratings

Moderate Buy


1 Buy
0 Hold
0 Sell

Based on 1 analysts giving stock ratings to Water
Intelligence
in the past 3 months

WATR Stock 12 Month Forecast
800.00p
▲(101.26% Upside)

Based on 1 Wall Street analysts offering 12 month price targets for Water Intelligence in the last 3 months.

The average price target is 800.00p with a high forecast of 800.00p and a low forecast of 800.00p.

The average price target represents a 101.26% change from the last price of 397.50p.


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