Share Name Share Symbol Market Type Share ISIN Share Description
Water Intelligence Plc LSE:WATR London Ordinary Share GB00BZ973D04 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  30.00 2.41% 1,275.00 5,856 13:30:37
Bid Price Offer Price High Price Low Price Open Price
1,250.00 1,300.00 1,275.00 1,235.00 1,245.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 27.75 3.07 14.26 89.4 234
Last Trade Time Trade Type Trade Size Trade Price Currency
17:09:30 O 200 1,275.00 GBX

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Water Intelligence Daily Update: Water Intelligence Plc is listed in the Software & Computer Services sector of the London Stock Exchange with ticker WATR. The last closing price for Water Intelligence was 1,245p.
Water Intelligence Plc has a 4 week average price of 1,075p and a 12 week average price of 875p.
The 1 year high share price is 1,385p while the 1 year low share price is currently 397.50p.
There are currently 18,369,521 shares in issue and the average daily traded volume is 11,967 shares. The market capitalisation of Water Intelligence Plc is £234,211,392.75.
effortless cool: 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.
smithie6: 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)
smithie6: 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.
dozey3: There you go, a cash call. Thought things were going rather well and didn’t foresee this. ‘Water Intelligence, a leading provider of non-invasive leak detection and remediation services for both potable and non-potable water, today announces that it proposes to raise approximately $9.5 million (£6.9 million) in a placing and subscription through the issue of an aggregate of up to 749,893 new ordinary shares of one penny each in the capital of the Company ("Ordinary Shares") at a price of 920 pence per Ordinary Share (the "Issue Price"), together the ("Fundraising") The Fundraising comprises a placing (the "Placing") of up to 526,691 new Ordinary Shares ("Placing Shares") to raise up to $6.7 million (£4.8 million) and a subscription (the "Subscription") of up to 223,202 Ordinary Shares ("Subscription Shares") to raise a total of approximately $2.8 million (£2.1 million). As part of the Fundraising, certain directors and persons closely associated with them, as well as certain employees, intend to exercise 250,000 options over Ordinary Shares and to pay up in full Partly Paid Shares ("Exercise Shares") (the Placing Shares, Subscription Shares and Exercise Shares, together the "New Ordinary Shares") and, instead of receiving these shares, have instructed the Company to sell them into the Subscription at the Issue Price.’ Perhaps not so much of a cash call as providing directors with the opportunity of cashing huge slugs of options at a full price. Nice work… if you can get it.
effortless cool: Another two large franchise reacquisitions announced by Water Intelligence (LON:WATR) today: https://www.investegate.co.uk/water-intelligence--watr-/rns/reacquisition-of-las-vegas-and-phoenix-franchises/202107080700055447E/ With that following on from another franchise reacquisition a week ago: https://www.investegate.co.uk/water-intelligence--watr-/rns/reacquisition-of-northeast-florida-franchise/202107010700057532D/ and yet another national insurance account win in between: https://www.investegate.co.uk/water-intelligence--watr-/rns/significant-insurance-national-account-win/202107060700082447E/ this has already been a very busy month for the company, and we're only eight days in! This latest announcement has finally prompted some response from the brokers (WH Ireland and Dowgate Capital), with consensus revenue increasing to $47.2m for 2021 (was $45.5m) and to $55.6m for 2022 (was $49.9m). Similarly, consensus normalised EPS is now 28.8c for 2021 (was 27.4c) and 34.2c for 2022 (was 29.6c). I consider the broker projections remain on the conservative side and will try and update my own forecasts this weekend.
metis20: hTTps://www.londonstockexchange.com/news-article/WATR/significant-insurance-national-account-win/15046548 Water Intelligence plc Significant Insurance National Account Win Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Group"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to announce that it has opened 2H with another insurance national account win, representing its fourth year-to-date. The contract's mandate is the broadest yet to be provided by a national insurance carrier to American Leak Detection ("ALD"), the Group's core business subsidiary. Under today's contract, ALD is formally designated as a "Preferred Contractor" and will have the right to handle all water leak and repair jobs across the United States from this insurance provider. The broader designation advances the Group's strategy to grow its national account base and drives the continued expansion of customer jobs across ALD's significant execution footprint in the United States with no additional marketing expense.
effortless cool: It is usually a good leading indicator ... as is a falling share price.
drsous: I got out of these a couple of years ago when a report was published (can't remember who but not muddy waters)suggesting this was an accounting scam.No idea if this was true and share price since has suggested otherwise but the report was quite detailed and the low PBT is a red flag.
effortless cool: 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!
smithie6: 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 ?
Water Intelligence share price data is direct from the London Stock Exchange
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