Water Intelligence Share Discussion Threads

[bulltradept] 24/1/2022 12:57

Can't even buy 100 shares at the market atm.

[mysteronz] 24/1/2022 12:36

Look at the market, thin volumes MMs having a field day

[smithie6] 24/1/2022 12:34

-18% !!!!

No news ?

Any comments ??

[effortless cool] 19/1/2022 10:23

A significant franchise reacquisition today with Fort Worth.



Adding about $3.3m of revenue (after deducting current franchisee revenue) and purchased on a PE ratio of <9x.

I'll wait until the year-end trading report due early next month before updating my forecasts.

[smithie6] 10/12/2021 11:52

EBITDA 5.6$ million for H1

if we say 13$ million for the year
& if 20% tax
then EBIDA of ~10.4$ million

= ~£8.0 million

& this website says the cap. value is £165 million

(up to each person to decide if they think if the growth in recent years can be continued in the coming years)

----

& the MD said
"We are having a banner year and by the end of Q3, have already surpassed revenue, profit and EBITDA results for all of 2020"

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the shares are not cheap but the growth is there to justify it imo.

----

people who bought lower down are sitting on big profits....I guess that recently some profits are being pocketted, via some share sales, with the price falling from £13 to £9.50. :-(

[smithie6] 10/12/2021 11:50

from the interims

reporting on going solid growth

EBITDA up 75%

"During 1H 2021, the Group's revenue grew by 44% to $24.7 million (1H 2020: $17.1 million) and statutory profit before tax rose by 92% to $3.8 million (1H 2020: $2.0 million). Profit before tax adjusted for non-cash expenses of amortization and share-based payments increased 77% to $4.2 million (1H 2020: $2.4 million). EBITDA grew 75% to $5.6 million during the period (1H 2020: $3.2 million)."

[shanklin] 10/12/2021 11:27

Great company but still on a forward P/E of 45... ...is that justifiable?

[smithie6] 10/12/2021 10:48

hsduk
I just had a quick look at liabilities & tangible assetts

in last annual accounts the 2 items roughly cancel out

& there is little or nothing in deferred/delayed income & little for future lease costs (~1.8 million in Dec 2020, = 2 years of lease costs), so it is quite simple to evaluate the numbers, imo

& with the recent cash raise the NTAV moves up to +£12 million (+ any other cash raises since last financial year, to check)

(& there is a chunk of value in intangibles)

[smithie6] 10/12/2021 09:58

hsduk

some of the deferred items might be considered assets by many people

such as future income

you have to read the notes to the accounts to hopefully find a breakdown

----

future years of lease costs
you might want to consider to remove from your calcs. of real liabilities (since future turnover will pay those annual costs; wages are arguably also a liability like rent but are not classed as a liability by accounting rules)

deferred items. try to avoid getting a headache in quantifying things !

[epo4eva] 09/12/2021 07:25

Thus website is where most of the money is earned at the minute.
hxxps://www.americanleakdetection.com/

[jojaken] 08/12/2021 07:12

So having just raised £10m through a placing a month ago, they are now buying back shares. At least it's at a cheaper price!

[rossco] 07/12/2021 22:37

The deferred items are liabilities.
Current are £7.1 m and Non current are £9.9.

[hsduk101] 07/12/2021 22:19

Are the deferred items. Debt/liabilities or assets?

[rossco] 07/12/2021 21:20

First time looking at WI.

I visited their website. It was very disappointing e.g. The Water Facts section refers to average household bills in 2008-09, the ALD News was for 2012 to 2015, and some pages on clicking were unavailable. Who knows when someone in the company last reviewed the website.

While the profit continues to increase the balance sheet at 30 June 2021 shows that Deferred Considerations rose from £5.6m at December 2020 to £17.0m. There was no explanation, that I could see, to explain the increase; nor how much related to cash outlay or share issue.

Too overpriced for me.

[jamesjjj] 07/12/2021 19:05

Watr is not even COVID affected!an essential service provider

[daijavu] 07/12/2021 13:49

I think that WATR is as safe as they get. But what do I know?

[hsduk101] 07/12/2021 13:43

The market is gittery, Its had a massive increase since COVID, Im guessing buyers are looking at safer shares at the moment. Or there all joining the crypto bubble

[daijavu] 07/12/2021 13:16

I don't understand the sell off either. I've topped up today.

[ariane] 07/12/2021 11:21

must admit cannot understand the continuous sell off

now wonder whether it has to hit the strong support before being able to move on up

[effortless cool] 07/12/2021 11:18

This has been strangely weak since the fundraising at 1200p.

[waldron] 28/11/2021 06:42

Targets Six months: 1423.00 One year: 1530.08

Supports Support1: 1070.00 Support2: 890.24

Resistances Resistance1: 1218.32 Resistance2: 1310.00

[ariane] 28/11/2021 06:24

20-Sep-21 RBC Capital Markets Outperform 1,500.00 New-coverage

[ariane] 28/11/2021 06:21

intangibles seem pretty high

[ariane] 28/11/2021 06:19

Summary

The company's Refinitiv ESG score, based on a relative ranking of the company within its sector, comes out particularly poor.

Strengths

Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 67% by 2023.

Over the past year, analysts have regularly revised upwards their sales forecast for the company.

For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.

The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Over the past four months, analysts' average price target has been revised upwards significantly.

Historically, the company has been releasing figures that are above expectations.

Weaknesses

The company's enterprise value to sales, at 3.95 times its current sales, is high.

[ariane] 28/11/2021 06:17

Consensus

Mean consensus OUTPERFORM

Number of Analysts 1

Last Close Price 1 090,00 GBX

Average target price 1 467,50 GBX
Spread / Average Target 34,6%

High Price Target 1 560,00 GBX
Spread / Highest target 43,1%

Low Price Target 1 375,00 GBX
Spread / Lowest Target 26,1%


Surely theres more than one market maker analising this share