Water Intelligence Share Discussion Threads

[silverfern] 19/6/2018 07:25

Needless to say we'd be grateful ECV for your thoughts following today's AGM.

[someuwin] 14/6/2018 08:50

Keeps moving up.

[from8to800] 13/6/2018 16:17

For my part just thank them for the 100%+ gain.

[effortless cool] 13/6/2018 09:32

AJ Bell Youinvest (see 150). I've been using them for four years now and found them very good.

I will raise the issue of missing reporting dates. I have plenty of other questions myself, but if anyone wants to suggest anything here, I can add it to my list.

Good timing on your latest buy, btw.

[silverfern] 13/6/2018 08:53

EC which broker? i reported above the useless response I got (because my shares are in nominee hands also) from WATR PR company when I passed on your concern about missing results days. You can now raise it with the company direct anyway! Btw, bought more last week so good to see this rise.

[someuwin] 13/6/2018 08:06

Moving up ahead of next week's AGM

[effortless cool] 12/6/2018 20:45

Letter of representation has arrived - well done, AJ Bell.

[effortless cool] 12/6/2018 13:55

I will do that if the broker does not come through.

[kazoom] 12/6/2018 13:54

Have you been in touch with the company themselves?

Often they will be prepared to admit you anyway - although you'd need the proof if you want to vote.

[effortless cool] 12/6/2018 12:40

I'm trying to arrange it. My shares are in a nominee account, so I need a letter of representation from my broker. they have agreed to provide this, but have not yet done so.

[silverfern] 12/6/2018 12:25

AGM one week today. Anyone going?

[silverfern] 24/5/2018 13:25

Well that may be a broker deal as there aren't that many shares floating about. i hope there s some substance behind the activity .

[effortless cool] 24/5/2018 13:20

Swiftly followed by another (or perhaps the same) 50k at 300.24p.

[effortless cool] 24/5/2018 13:08

And the trade that's driven the increase has just been reported: 50,000 shares at 300p.

Well done that (wo)man.

[someuwin] 23/5/2018 08:56

Yes, saw that article on the news.

"England is facing water supply shortages by 2050 unless rapid action is taken to curb water use and wastage, the Environment Agency has warned.

Its new report says enough water to meet the needs of 20 million people is lost through leakage every day.

Population growth and the impact of climate change are expected to add to supply pressures..."

That's a third of the total water usage lost to leakage. WATR are just going to get bigger and bigger.

[effortless cool] 23/5/2018 06:16

Yes, makes the purchase of NRW Utilities look a smart move strategically.

[tinker10] 23/5/2018 05:58

Another article highlighting the growth potential for the UK business.

[someuwin] 22/5/2018 12:28

This is what I call a 'fire and forget' stock. (aka buy and hold)

[the grumpy old men] 17/5/2018 12:17

Interesting

could this be a potential takeover target for veolia,suez or one of the other major water companies

[the grumpy old men] 17/5/2018 12:08

Water Intelligence makes a splash as 'exciting journey' continues
water treatment tank
Water Intelligence
287.64
08:35 17/05/18
3.84%
10.64
FTSE AIM All-Share
1,082.94
11:50 17/05/18
-0.22%
-2.39

Leak detection and remediation solutions firm Water Intelligence saw revenues and profits leap more than 45% in a trading year seen as a "jumping-off point" by directors.

The AIM-quoted group grew revenues 45% to $17.6m in 2017 thanks in part to its American Leak Detection franchise and its system-wide sales of approximately $80m.

Statutory profit before tax increased 48% to $1.1m for the year and adjusted earnings per share increased 30% to 10.4 cents.

Looking forward, Water Intelligence highlighted a "very positive" start to 2018 with revenues increasing 40% in first quarter alongside its $5.75m equity raise, and a further $1.75m in credit availability, leading to the elimination of all of the firm's net debt.

Dr Patrick DeSouza, executive chairman of Water Intelligence, said in Thursday's statement, "All aspects of the business are delivering strong growth and we are achieving a significant increase in overall profitability despite investing to lay the foundations for sustaining future growth."

"We are at the beginning of an exciting journey with our platform and confident that we can make a difference in solving infrastructure problems - residential, commercial and municipal - that cause water loss, our most precious resource," he added.

As of 0930 BST, Water Intelligence shares had gained 3.84% to 287.64p.

[someuwin] 17/5/2018 11:45

Bought more today.

[someuwin] 17/5/2018 07:44

Excellent stuff.

finnCap increase WATR target price from 263p to 309p.