Water Intelligence Share Discussion Threads

[hsduk101] 06/10/2021 09:38

Going into the House building sector and getting a contract to detect leaks before homes are built is a good strategy. A starting additonal revenue of $1 million sounds quite good Hopefully they can use this as a platform to build partnerships with other house builders in the US Wonder who the house builder is?

[waldron] 06/10/2021 09:16

Market Movers Nick Fletcher PROACTIVE 08:47 Wed 06 Oct 2021 Water Intelligence lifted by first deal with a US house builder A look at the major movers on the London market on Wednesday Water Intelligence - Water Intelligence PLC has seen its shares bubble up after it signed a deal with a house builder in the US Midwest. The company's American Leak Detection subsidiary - which had previously concentrated on the insurance and property management markets - will now provide water and wastewater solutions for the building company's new construction projects. The agreement to install and then test water and sewer lines for leaks is expected to increase group sales over the next 12 months by US$1mln or more. ALD expects the relationship to continue to grow over time as market demand for new homes outside of urban areas increases following COVID-19. Executive chairman Dr. Patrick DeSouza said: "The group's precision leak detection and minimally invasive repair solutions are in high demand as both the price of water goes up and wastewater management regulation increases. Such regulatory trends are now translating into requirements for home builders with respect to sustainable design and deployment of water and sewer lines... "We look forward to increasing our national accounts with home builders, leveraging the same process that we have developed with national and regional insurance companies." Water Intelligence is up 7.56% or 83.5p at 1188.5p.

[effortless cool] 06/10/2021 09:10

It's certainly an interesting new area of activity and could offer material potential for future growth. It's already off to a flying start, being expected to add almost 2% to revenue with this first deal alone. "The commercial relationship is expected to increase Group sales over the next 12 months by $1 million or more".

[epo4eva] 06/10/2021 07:36

RNS water is pleased to announce the launch of a new national account channel for its American Leak Detection (ALD) subsidiary. ALD will be leveraging both its platform of more than 150 locations across 46 states of the United States and its standardized workflow across its operating geographies to provide water and wastewater solutions for a leading home builder in the Midwest United States.

[farnesbarnes] 03/10/2021 19:21

Its a small cap. They're volatile.

[mrx001] 02/10/2021 15:15

Anyone any idea why the 6% Fall on Friday 1/10/21 other than a general market sell off on increased transportation costs??

[mrx001] 02/10/2021 15:14

Anyone any idea why the 6% Fall on Friday 1/10/21 other than a general market sell off on increased transportation costs??

[effortless cool] 19/9/2021 20:58

Header updated with latest forecasts based on interims. Improving gross margins have driven upgrades. It's a strong hold for me at 1180p, close to a buy.

[davr0s] 14/9/2021 22:02

But other than that it's still an illiquid small cap so normal volatility

[davr0s] 14/9/2021 21:58

It's a day after results so there will be some volatility and maybe differential reporting - go read minervini book 2 if you are not sure of that

[davr0s] 14/9/2021 21:55

There has been some negative report today from someone

[davr0s] 14/9/2021 21:54

So to start I'm long from a lot lower

[davr0s] 14/9/2021 21:53

Crikey - where to start....

[hsduk101] 14/9/2021 13:04

What am I missing in the results, that we have this over sell off? I can't really see anything that's a major issue

[effortless cool] 13/9/2021 21:26

firtashia, Looking in more detail at the numbers, it would seem that the balance sheet includes the deferred considerations for the two large acquisitions made just after the end of H1 (5 and 8 July), as well as the initial cash outflow for them.

[smithie6] 13/9/2021 16:45

top sliced 4k shares nice one !!

[effortless cool] 13/9/2021 16:42

Almost correct, Smithie6, I top-sliced another 4k shares in early August, so what I have left cost me less than nothing! I just wish I had a few more like this!

[smithie6] 13/9/2021 16:26

Effortless Am I right that you are now sitting on a big paper profit with your remaining shares which due to your past top slicing , turning some paper profit in to hard cash, have cost you almost nothing !!

[firtashia] 13/9/2021 15:53

Understood- thanks Effortless

[effortless cool] 13/9/2021 15:47

firtashia, When WATR reacquire a franchisee, they tend to pay most of the cost on a deferred basis. These deferred payments become liabilities on the balance sheet that reduce as the cash cost is paid to schedule.

[firtashia] 13/9/2021 15:28

I note from the interims that "deferred considerations" in the "liabilities" section have ballooned. Would be grateful if someone could explain in layman's terms what these are with respect to this company?

[smithie6] 06/9/2021 16:21

I don't agree. if I was an insurer & doing policies that covered slow occurring damage (such as from water) I would be very keen to have a check done. Bit like a car, if it had a 1 metre vertical drop (ok, difficult but that is not the point I am making) then it is logical to want it inspected afterwards, before driving it on the motorway full with the family & kids & risky a wheel or steering arm coming loose or off & everyone passes away & the car & the insurer gets a big bill .

[dozey3] 02/9/2021 22:19

For a broad swathe of the US leak-detection must be right at the bottom of the to-do list. Not surprised at today’s pull back, but longer term prospects remain very promising IMO.

[smithie6] 01/9/2021 09:22

tough situation but at least in the USA there should be the manpower & skills available to help, there are apparently 25 thousand power line workers trying to restore power (which looks to be down/out mostly because of broken cables because of timber poles, carrying powerlines, falling over; perhaps tricky to get a timber pole back to upright & then stay there if the soil is just waterlogged & sloppy mush) One big problem is the water level I guess, need that to recede & no one can control that I assume. ------- liner technology I wonder if WATR's new R&D/initiative in that is ready to be used, & whether it would be of any use in the New Orleans situation. 25 thousand powerline workers have gone to the region from the rest of USA. Would it be a fair guess that some WATR workers from other parts of the USA will also have gone there to help return water services to normal ?? (& getting paid)