Water Intelligence Share Discussion Threads

[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)

[farnesbarnes] 01/9/2021 09:01

They have plenty of bottled water and boil advisories in place in the river parishes and parts of the metro (Kenner in particular, which got hit badly). Water leaks will be fixed in time, levees are the problem, hence them spending 14b since Katrina. Poor souls could have no power for 3 weeks.

[smithie6] 01/9/2021 08:46

does the mkt think that this co. will get more work due to the water supply problems around New Orleans, due to storm damage (storm "Ida") ?

is that why the share price is up today or has it been tipped somewhere ??

from the BBC website there is an article which includes this,
" Federal officials say that some 441,000 people in 17 parishes across the region have no water"

& mentions that rainfall was about 20cm from the storm!!
20cm is nuts. hence the flooding.

if there has been subsidence etc breaking water pipes and/or causing leaks in water pipes then I guess there would be more work for leak detection workers ?

(as the floods recede I assume there is a high chance of more damage to water pipes, as some soil will be carried away in some areas, or shrink/move as it dries out in the future
& insurers of buildings that haven't suffered problems to their water supply might still want a check done (by WATR), to reduce/control their exposure to risk.

[smithie6] 27/8/2021 18:28

the quick bounce back from the fall from £13 to £11 is very impressive

mentally, difficult to sell something acting so strongly, phps

[smithie6] 27/8/2021 18:20

could resist that one !

je je