Watermark Global Share Discussion Threads

[moreforus] 11/10/2012 16:06

dunno

my favourites were the Swedish chef and Beaker!

[shaun09] 11/10/2012 16:02

who is this dawson muppet?

[reutersman] 11/10/2012 15:52

dawson i honestly dont care what you are up to im simply asking that
you keep it to yourself and not keep clogging up bb,s with your rubbish.

BIG LETTERS - GO AWAY !!!

[reutersman] 11/10/2012 15:48

moreforus,ok did not see that but good read anyway :-) looks like things are
set to hot up here during the rest of this year.Ive already had dawson
de-ramp my new thread and not even got it going yet LOL

[cufes2] 11/10/2012 15:48

You obviously don't read posts properly so I will repeat it in big letters for you . . . I HAVE NEVER SHORTED A SHARE IN MY LIFE . . .

[reutersman] 11/10/2012 15:45

dawson you are posting de-ramps on every wet thread from what i see,you are
not welcome here.You must be very desperate to keep posting like this so i
can only assume you have a short in place that threatens to backfire bigstyle
on you.Please jog on

[moreforus] 11/10/2012 15:42

it wasnt me it was Colin (who organized the entire Q&A thing) ..he just hadnt hyperlinked his ...link!

[moreforus] 11/10/2012 15:40

so that's slightly newer than the rns... as that was going to be tested ... it is now being tested!

[johnspain] 11/10/2012 15:39

love this bit in more's link above

"A pilot project is currently underway with full commercial scale operations expected to be rolled out through december 2012 and the early months of 2013, although initially this clean coal fuel will be sold into the south african market the wider goal is to market the product into several overseas markets over time."

pilot underway
full scale role out starts in December
market to overseas as well as SA

[cufes2] 11/10/2012 15:37

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 . . .

[moreforus] 11/10/2012 15:34

i think you are able to moderate it .... good idea - why not pay the 5 quid a month from your FX earnings and then you can stop em dead!

[reutersman] 11/10/2012 15:31

moreforus,no doubt its the same tag team from yesterday lol,am in process
of setting up a new thread on here for genuine posters.Pop along when i
have got it up and running.

[colinmc1971] 11/10/2012 15:29

Wet articlehttp://www.stockopedia.co.uk/content/watermark-global-plc-new-beginnings-68663/

[reutersman] 11/10/2012 15:26

Watermark Global plc is engaged in developing innovative environmental solutions in water management with a key focus on Acid Mine Drainage and the manufacture of Coal Briquettes in South Africa. In June 2012, Watermark sold its wholly-owned operating subsidiary, Western Utilities Corporation Limited ( WUC )...... to Mine Restoration Investments Limited ( MRI ) for a consideration of £4.50 million comprising £1.81 million in cash and £2.69 million ( 40% ) in MRI shares.

Mine restoration Investments Limited ....... are listed on the ALTx market of the JSE (Johannesburg Stock Exchange) in South Africa, and carry the years of expertise built up from watermark global in Acid Mine Drainage alongside an additional new focus in the lucrative Coal Briquette market.

Company Websites





Link to MRI Shareprice



Latest News



MRI Presentation



Latest Article - 11th October 2012



.

[reutersman] 11/10/2012 15:19

pro liar,i have seen you post a number of deramps on dozens of bb,s
today lol or should we call you dawson ??

[reutersman] 11/10/2012 15:18

moreforus,they are offering buys at 0.16p for up to 1m,limited stock though

[pro van liar_s2009] 11/10/2012 15:18

WET WET WET
It's a damp squid

No wonder DawsonPaul sold out

[moreforus] 11/10/2012 15:14

well then someone just got spooked into selling at 0.16 when their shares are still worth 0.42p!

the best link is direct to the JSE.....



shows no change on the day at 0.26-0.30

[reutersman] 11/10/2012 15:09

moreforus,MRI is still showing 30.00 ZAr on bloomberg

[moreforus] 11/10/2012 15:02

pif

nav here then has tumbled from 0.42 to..039???

[shaun09] 11/10/2012 15:00

and also the coal briquet business looks a real money spinner