Water Intelligence Share Discussion Threads

[effortless cool] 08/4/2021 09:56

Well, these last few days have been very enjoyable.

[smithie6] 07/4/2021 15:58

been on fire from 600p

anyone got any water ?!!

[dozey3] 06/4/2021 17:13

Probably good advice, but DVRG are part of my diverse Inheritance Tax Relief portfolio, and I guess WATR is ineligible. However it’s difficult to be sure until you die which is rather too late.

[epo4eva] 06/4/2021 14:32

Dozey sell them and buy Water Intelligence.

[dozey3] 06/4/2021 10:39

Yes indeed. If WATR are looking for complementary companies to absorb I hope they take a close look at Deepverge (DVRG). V small AIM outfit with water-quality monitoring and purification systems. Disclosure - guess what - I have a few shares.

[from8to800] 06/4/2021 08:05

Very interesting rns. Onwards & upwards. Finally Biden does something useful.

[epo4eva] 22/3/2021 11:58

Dozey they have bought more today.

[epo4eva] 22/3/2021 11:56

Dozen the share buy backs last year was at £2.77 and sold them at £6.55 to an investor.
What is wrong with this?
Quite amazing I would say.

[dozey3] 22/3/2021 07:59

If a company wants to destroy confidence then issue an RNS about buying a piddling number of shares. What’s the point of buying 1000 shares and telling the world about it at great expense. Someone’s lost the plot here. Perhaps it’s me.

[davr0s] 11/3/2021 16:19

Yeah 1day bear market over lol

[from8to800] 11/3/2021 16:19

If this holds into the end of the week and closes well off the lows of the week, it is a bullish sign suggesting that buying support has come in. A good tree shake is healthy and necessary.

[epo4eva] 11/3/2021 15:47

Share price going back
up. All the sells are getting swept up.

[davr0s] 10/3/2021 19:35

Hardly - it made ath 3 trading days ago

[effortless cool] 10/3/2021 13:32

I would call it a precipitous decline, rather than a gradual one! Not entirely surprising, however, following a period of near vertical rises.

I'm hoping it will stabilise around 600p, pending further news.

[hsduk101] 10/3/2021 13:20

This is on a a gradual decline. Im guessing this is people taking profits. Or is it related to some other news? which I just cant seem myself

[effortless cool] 08/3/2021 14:27

I recall - the only other shareholder I have met at a WATR AGM. Glad to hear ORPH has done well for you.

[faz] 08/3/2021 13:50

EC I used to post under the wife's pseudonym - Silverfern- and we met at a Watr agm. I've done well being an early investor in Orph, but I've missed out here! All the best.

[epo4eva] 08/3/2021 11:45

So we could get 10% of this £13 billion market just for passing on repairs?
Forget the repairs. 10% of the £13 billion is a massive game changer here.

[smithie6] 08/3/2021 10:13

EC, faz, thanks for those replies

(after lunch I might have a look at seeing what is the link with Plain Sight)

[effortless cool] 07/3/2021 08:53

Some good questions there, Smithie. faz has picked up on 1 and 2. You will find more information on the Plain Sight relationship in the notes to the full report and accounts. Corporate governance is certainly a weak area for WATR and, for many, this is, quite validly, sufficient reason not to consider investing.

Regarding the repair work (point 3), when this comes through the national insurance arrangement, this is a centralised function that WATR then allocates to the relevant franchisee and WATR then get a share of the revenue.

On point 4, WATR use licensed technology, I don't think that they actually own any of it. It does take skill to use this stuff, however, and they train their franchisees.

Regarding adding franchisees (point 5), this does happen from time to time, with the cost reflecting the opportunity in whatever territory the franchise covers. It is not a material income generator, however.

On 6, they didn't use to do any of that in the USA but have a UK subsidiary that specialises in municipal work. They are now marketing these solutions in the USA.

On franchise reacquisition (point 7), these have been happening for several years now and I am not aware of any issues with the seller competing against the old franchise. In most cases, I believe, they either keep working for WATR or just want to cash out. The sale is always the whole business.

faz - I'm still a very happy holder here!

[faz] 06/3/2021 17:25

Smithie - point 2 is the reason I decided to sell though I'd clearly have been better off for holding on! It's a one man party and governance is an issue- De SOuza is the executive chairman of a very small Board According to Bloomberg he is CEO of Plain Sight Group. In the past the company sold franchises - they have competitors. For the last three years they are buying them back. This boosts revenue of course but they do appear to be building profits. If I was in now I'd get out - the share has doubled since September when the p/e was already a strain. If Effortless Cool has been cool he now has a £500k stake here! Well done to him :)

[smithie6] 06/3/2021 14:02

this share is definitely moving

I don't know if anyone has the time to answer these questions

1) The boss Souza has any part of the biggish shareholder Plainsight ?

2) Souza seems to repeatedly get big pay offs by selling new packages of options/shares.....sometimes for getting involved in bank loans that he gets the PLC to take out !!
(ie. he makes the decision for the PLC to do something that has a special clause of benefit just for him !)

a) are these excessive
b) are these normal or justafiable, I have never seen such deals

3) if add repair work to that of leak detection

a) will the franchise cost be increased
& will ppl pay it !
b) if the franchisee is sent in to do leak detection (& Watr gets 10%), if he then gets a repair contract or other contract it will be direct & not via Watr, so will Watr get 0% from rpoair contracts ?

4) is any equipment propietary just to Watr or are the products fairly standard & acailable to anyone, without having to sign up aa a franchisee

5) how much is the lump sump payment to Watr to become a franchisee, and/or the lump sump to invest in equipment etc ?

if it is a big amount, is that a block to growth ?

6) the main operators in this general sector are imo involved in attending to blocked drains, mostly blocked sewers
using high pressure pumping of water, & big long pipes on a drum & a sizeable truck with a pressure generator etc
these are in every town, & always have work

does Watr do any of that ?
are they competition for finding water leaks or blockages in sewers ?

7) buying back of franchises
a) is the seller blocked from competing ?
(if not then the buy back looks like a terrible deal

b) does the sale include the premises, vehicles, equipment of the seller, client list ?

[hsduk101] 02/3/2021 09:45

Looks like some good news with the 2 additional contracts Water intelligence has won. Share price is rocketing. Any news on what the contracts were and value?

[effortless cool] 01/3/2021 09:22

Potentially an important RNS for WATR this morning.



Whilst adding yet another national insurer to its roster is obviously great news, it is the extension of an existing insurer relationship to cover repair work that is perhaps more significant.

Surprisingly, to my mind, the WATR franchise network was established to do detection work only - no repair. Some franchisees extended their scope to cover repair work, but this was not the core franchise offering.

Thus, extending scope from detection to repair gives the opportunity for material growth to come from within the existing franchise framework. After all, who is the most natural choice of tradesman to repair your water leak than the one who has just detected it?

[firtashia] 16/2/2021 14:44

Fingers crossed that Mr Market has belatedly cottoned on to those excellent upgrades from last week. GLAH.