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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Watermark Glb. | WET | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
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|---|---|---|---|---|
| 0.00 | 0.00% | 0.09 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.09 | 0.09 |
| Top Posts |
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Posted at 08/11/2021 12:21 by waldron courtesy ofjeffian 8 Nov '21 - 10:15 - 13089 of 13090 0 5 0 #13083, "since the 1960s most houses’ surface water drainage has been on a different drainage system to the foul water sewage system". On the contrary, as a young surveyor (many, many years ago) I was brought up on that premise but it seems to have been completely forgotten and is, indeed, the cause of the problem. Wherever mains (i.e. sewage) drainage is available, I have never seen a builder do anything other than link all rainwater goods into the mains. If they went back to soakaways or letting rainfall find its way to natural waterways, the problem could be solved. The answer certainly isn't to require water authorities to build ever-bigger sewage treatment plants just to cope with exceptional weather events. While on the subject of water (don't get me started) how on earth can a country like UK talk about 'water shortages' when part of it (mainly North) is permanently inundated even if the SE is becoming drier. One might ask what on earth happened to reservoirs and why there isn't a national water grid. If the Romans could do it, why can't we?! thanks for that LUV TO GET you STarted jeff on the AQUA threads,not to mention DAMP AND WET Threads You would be most welcome chuckle and cheers |
Posted at 05/2/2018 17:17 by waldron Solar Innovation Could Solve Africa’s Water ProblemBy Llewellyn King - Feb 05, 2018, 11:00 AM CST Australia solar Cape Town, South Africa, one of the most beautiful and green cities in the world, will run out of water in April. On “Day Zero” (April 16 by the latest calculation), municipal water supplies from the six dams that feed the city will be exhausted and only hospitals and other vital institutions will have piped water. Everyone else will be scrounging. Already, there have been long lines and fights at the city’s two natural springs. Bottled water is being hoarded. The prognosis is grim -- and very dry. The first hope for rain is June, a traditionally wet month. But the weather has been so aberrant that nobody knows when it will rain and how much will fall. Cape Town is not alone but it is one of the most dramatic of the water crises, occasioned by climate change. That change has been most brutal in Africa. Droughts have millions starving and drinking putrid water. The same story in the Caribbean, after the double whammy of two hurricanes. Much of Africa is in pitiable condition from drought and potable water is just not there for many. Two lasting memories of Africa for me are women walking great distances with water containers on their heads and men with bundles of sticks for cooking fires on theirs. Marry the water with the firewood and a warm meal may be possible. The Western approach to these problems, since the colonial era, has been big infrastructure: central power stations, dams and water pumped great distances from one of Africa’s big rivers. (It should be noted that Africa has few of these.) Sadly, that solution favors mega-cities over towns, towns over villages and villages over farms. That is why I was gripped with excitement hearing about a new product that, if deployed widely over the next half century, could help Africa immensely, but in short order can help the stricken Caribbean. Related: Tajikistan’s Newest Hydropower Project It is a Swiss Army knife of a power unit, made with off-the-shelf components, that harnesses solar energy to wring water out of the air and make electricity. Anyone who has had to empty a dehumidifier daily knows how much water there is in the air; the more humidity, the greater the water resource. Aldelano Corporation, an imaginative, minority-owned company with manufacturing in Jackson, Tenn., is making the units. Although there are other air-to-water systems using solar, generally these are small and aimed at single family use. Aldelano is integrating water, power and even ice production in a Solar WaterMaker -- a 40-foot-long box with an industrial design life of 20 years. Al Hollingsworth, CEO of Aldelano, has been providing solar-powered cold rooms for food processors as part of the company's business in packaging for decades. Hollingsworth founded the company in 1967 and its clients are biggies like Kellogg’s and Procter & Gamble. Now he is in the midst of shipping the first 100 water-makers to buyers in the hurricane-ravaged islands of the Caribbean: Antigua and Barbuda, and the British Virgin Islands. Puerto Rico, where 30 percent of the inhabitants, mostly rural, are without power and clean water is a candidate but has not yet ordered any units. Hollingsworth told me that each unit produces up to 1,000 gallons a day and can produce electricity to light seven homes. This gives “off- the-grid” a new dimension. I have been writing about energy for decades, and longer than that about Africa, and here is a melding of old products into a new one, which is something that can make a difference there. The technology of the wind0w air conditioner meets the technology of solar arrays, batteries and the latest compressors. Related: How Globalization Will Create An Energy Crisis Much of the world has looked to ease its potable water shortage with seawater desalination. There are two big problems, though: It takes a lot of power to do it -- whether with reverse osmosis or flash boiling -- and, the biggest problem, its by-product is salt. Millions of tons of the stuff presents a potential environmental catastrophe. Where there is sun and humidity, there can be safe drinking water. Few things are more needed and the World Health Organization says 2 billion people are without it. The people without clean drinking water are the same ones without electricity. Water from air and electricity from solar will not solve the problem but can help, one light bulb and one glass of water at a time. By Llewellyn King for Oilprice.com |
Posted at 22/5/2014 22:04 by ceo_illuminati I miss WET... |
Posted at 16/5/2013 07:29 by marty421 I'm not a fan of pestering BODs, distracting them from adding share value, however in this case a respectful protest may be in order, as suggested over on LSE (thanks grimsdale and crew). I have been invested here, like others, for years and watched whilst infrequent and poor quality updates are squeezed out of wet almost against their will. They may find it easy to have patience waiting for the payoff however they are better informed than us poor shareholders. I'm sorry but it's time for these guys to make good on their promise to do their best to increase share value. :-( |
Posted at 11/4/2013 12:02 by colinmc1971 News flow around this share has always been limited, to be fair to WET this has not always been their fault and was due to the lack of activity and decision making within the SA Govt, however they have played their part in the decline. Everyone looks at this share and sees the time it went over 1p a few years back and look for it to return to these levels. What they forget is it went to this level due to huge and imminent prospects of achieving contracts around AMD which at the time never happened, which caused this share to plummet overnight back to 0.5 and then gradually back to current levels.Within this time WET has consolidated it's business, has sold its main asset WUC while maintaining an outside interest in this and alongside MRI its position has changed.IMO this share has good prospects ongoing with future business established through MRI dealings. It is also currently extremely undervalued at its current price and represents an excellent investment opportunity with substantial returns possible for investors.I agree support is waning however this is due to people looking for other investment opportunities that are more imminent and requiring cash for this. When solid news flow comes here, as we have seen in the past, this share will be heavily invested and should increase significantly from current levels. IMO for a new investor here, this ain't gonna go any lower than 0.1 and from this level you could easily double or triple your initial investment (if not more) over the coming months, with little or no chance of any losses as long as you keep a close eye on news flow.If AMD contacts are granted 1p plus is back on the cards.GLA. |
Posted at 15/3/2013 21:42 by bungeetrader So WET are lending them £75k. No big deal I suppose but some kind of update from WET would have been what we should have had but it may have come out too late for WET to release and RNS, so maybe Monday. |
Posted at 12/10/2012 11:58 by adnatrob There are a few on this board that frequently post the same extracts. This smacks of desperation and blatant ramping. I am sure most who visit this board have now read them.Let us not forget that WET and MRI are two completely separate companies. WET sold the rights to WUC to MRI. WET post deal is now purely an Investment company. WET have a shareholding in MRI but do not have controlling influence. This is my view of the current situation: WET have not as much cash as they expected (MRI failed to sell the stock and complete the cash part of the deal) We can NOT be sure, because of the above, of the effect this will have on WET's capability to fund further investments. MRI share price might be rising, but it is very illiquid and the facts are MRI had to sell stock at less than 25% of average bid price to repay part of the WET loan. MRI Coal Project revenues for 2013/2014 are in my opinion low, perhaps not unexpected for a start-up enterprise, but I feel sure that further investment will be required to realise the true potential. If MRI does require funding, how are they going to get it? They still have 75% of the loan stock to clear. Why? Sorry to be negative, but this is how I see it. |
Posted at 11/10/2012 15:37 by cufes2 Having "sold" its main asset WET is now an "investment" company . . . so ignoring the one off profit from the "sale" of WUC to MRI the underlying loss from continuing operations for WET at the half year is £113k . . . so the full year loss from continuing operations will be in the region of £226k . . . they have cash and shares in MRI . . . as was pointed out on here MRI is basically a quasi listing for WET on a sub-standard version of AIM on the South African stock exchange . . . WET received cash and shares from MRI for WUC . . . WET then lent back some of the cash to MRI . . . South African investors are supposed to understand MRI better than us Brits according to some on here . . . however TAM failed to place 75% of the shares by the planned date . . . but apparently that's now good news for WET as they may get more MRI shares . . . according to some on here WET may lend MRI even more of their cash pile . . . so WET is an "investment" company with a single significant investment in MRI . . . MRI losses are "forecast" to be c £338k in 2013 and they are "forecast" to make a profit of £577k in 2014 . . . but MRI don't have an operational or viable coal briquetting business ATM as they are still in the pilot stage and first production is only "anticipated" to be in February 2013 according to the RNS . . . MRI may have some potential with AMD and/or the coal briquetting project but the AMD saga has been ongoing for years and the recent tensions in South Africa highlight the risk of doing business there . . . so WET is now a loss making "investment" company with a significant share in MRI which is currently a loss making company whose shares are very illiquid and traded on a very lightly regulated South African stock exchange . . . IMHO any intelligent and reasonable poster can see the risks here and hence why Mr Market is currently applying a significant discount to WET of more than 50% of the NAV . . . |
Posted at 09/10/2012 21:53 by cufes2 And the flip side . . . WET do have some cash . . . however, this WET/WUC/MRI relationship looks like smoke and mirrors with related party transactions and a common director IMHO . . . MRI offer to buy WUC . . . they offer cash and shares in MRI . . . WET accept the offer and immediately loan a significant chunk of cash back to MRI secured against further shares . . . MRI try to sell the shares but can only sell 25% of them . . . why have MRI failed to sell 75% of the shares . . . are SA investors wary of the AMD timescales . . . are they not convinced by the untried and untested coal briquetting project . . . is it the forecast loss for MRI for 2012/13 of £350k . . . MRI shares are listed on an inferior version of AIM on the South African stock market . . . they are illiquid and difficult to sell in size . . . if MRI do sell the shares WET may have a problem if there is significant selling and the share price drops as the WET NAV will drop too . . . WET have a problem if MRI can't sell the shares and the coal briquetting project proves unsuccessful or MRI have to raise more money . . . a significant proportion of the current NAV is risky and may not be realised IMHO . . . |
Posted at 01/10/2012 08:05 by cufes2 So ignoring the ramping by some individuals who bought WET at much higher prices . . . WET do have some cash . . . however, this WET/WUC/MRI relationship looks like smoke and mirrors with related party transactions and a common director IMHO . . . MRI offer to buy WUC . . . they offer cash and shares in MRI . . . WET accept the offer and immediately loan a significant chunk of cash back to MRI secured against further shares . . . MRI try to sell the shares but can only sell 25% of them . . . why have MRI failed to sell 75% of the shares . . . are SA investors wary of the AMD timescales . . . are they not convinced by the untried and untested coal briquetting project . . . is it the forecast loss for MRI for 2012/13 of £350k . . . MRI shares are listed on an inferior version of AIM on the South African stock market . . . they are illiquid and difficult to sell in size . . . if MRI do sell the shares WET may have a problem if there is significant selling and the share price drops as the WET NAV will drop too . . . WET have a problem if MRI can't sell the shares and the coal briquetting project proves unsuccessful or MRI have to raise more money . . . a significant proportion of the current NAV is risky and may not be realised IMHO . . . |
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