Icon Lifesaver seems to be focused on small scale solutions which are low volume filtration and not very concerned with energy efficiency in moving the water through the membrane.
Modern Water, on the other hand is designing municipal filtration plants where volume flow and low energy consumption are critical.
Hopefully Manchester University are still working with MW for its long term development, while presently focusing on its smaller and not so efficient household systems. I suspect, however, that the actual filter parameters are somewhat different in these two different scenarios.
One aspect mentioned in the Telegraph piece, is that significant investment in existing systems are a major deterrent to new technologies in municipal water systems. Decision makers at this level are very conservative and adverse to technology revolutions,
MW tech makes a lot of sense, but that is not what often rules decision making at the local levels where these decisions are usually made.
Yes well the drop to 6.5p seems like a really missed opportunity as the charts perhaps support a sustained turn if fortunes. If the company are to be believed then the news flow is supporting such a turn as well.
Im holding firm and excited about this may pan out mid-long term .. the CEO summed the results up by saying the company needs to turn into something sustainable, the Gibraltar contract and sales in the east should really help this company hit profitability.
If that happens, the market cap of 10 million means we could see some very strong gains... for example a profit of 1 million means we have a PE of 10 which is way below a company with the potential growth we have.
The tie up between Modern Water and Manchester University has been ongoing for some time now, around 18 months? Would be nice to have a progress report and details of any success to date. Pity MWG did not get a mention in the Telegraph article.
sp doing well today up 17% at 10.75p
21h21 hours ago
Excellent results during the successful commissioning of @Modern_Water's AMBC brine concentration plant on the site of a large textile dye client in India. Check again for more details in another tweet later today!! Meanwhile visit https://modernwater.com/membrane-processes/membrane-brine-concentration
Our @Modern_Water AMBC brine concentrator has performed as expected during commissioning of the plant at the site of a dye plant in India: we managed to concentrate the raw feed from 40,000mg/l to 125,000mg/l. An excellent result! https://modernwater.com/membrane-processes/membrane-brine-concentration
Gross profit in the first quarter was 40% higher than 2017 and Group overhead was 8% lower than the same period last year. The Group's cash position as of 20thof April 2018, stood at £343,000 and the finance facility ($600,000) secured on Modern Water Inc's receivables remained un-utilised.
How long will this last ? ... when will positive cash flows step in to prevent equity dilutions ?
Not even an acknowledgement they received the question?
If I remember correctly, the contact between graphene researchers and MWG was initiated by the graphene people and not the reverse, and MWG has not said much or anything about it.??? This was before microplastics crept into the news because of the Blue Planet TV series. Silence does not mean there is nothing there, although it proably does.
After holding shares for 12 months I sold out in February.
MWG seems to fall into the all too familiar category of 'great concept, good product, poor sales and even worse business management'.
I think time/cash is running out.
Sorry to say this but there are better investments out there.
Notice is hereby given that the Annual General Meeting of Modern Water plc will be held at 10.00am on 25 April 2018 at the offices of Modern Water plc, Bramley House, The Guildway, Old Portsmouth Road, Guildford, GU3 1LR.
This is all the normal window dressing process.
The total actual sales for cash generation are still quite low in actual terms.
No big changes on the sales.
The change to multi-channel distribution means the take on each sale is lower, but the total sales in due course is likely to be higher.
....so nothing to worry about really.
We just need more total sales !!! ... simples... (plus announcements / updates on the Graphene link ups )
have just emailed MWG asking:
​I am a small shareholder in Modern Water​, and since seeing recent news items on micoplastics entering bottle water as well as the overall water systems. I wondered if Modern Water's technology, may have a place in addressing this. I also have noted that graphene may have a role in future Modern Water filters, and might this play a role in separating out microplastics?
Not a bad piece of kit in this day and age for identifying contaminated water, monitoring things and clearing it again again as safe and say fit for human consumption. I was thinking the main areas for use would be with pollution events, effluence near beaches and say floodings (York in the UK being a most recent).
Many listed uses.
◦Accidental contamination events
◦Contaminated land remediation
◦Drinking water intake and distribution
◦Food and feed analysis
◦Groundwater monitoring/natural attenuation
◦Industrial effluent monitoring
◦Monitoring at remote locations
◦Monitoring of rivers, lakes, reservoirs, seawater
◦Tracing contamination back to source
◦Wastewater recycling and WWTP influent monitoring
I never quite got this mornings bottom but I managed to pick up a few more on the market dip in MWG. It is Dow Jones volatility that has created it.
But MWG has just effectively bagged a £22 Million pound contract in Gibralter. That's big business for MWG and a £8.44M market cap.
I also see Dow turbulence as of no relevance. One is the other side of the Atlantic and the other is on the tip of Spain and on the Mediterranean Sea. Quite why all initially get tarred with the same brush I cannot figure out.
Own due diligence
(Sorry if that's not to your liking)
My guess is there is a lot of short term technical retail players involved and it looked over bought and so they jumped off incrementally to a comnbined signioficant extent... and it came back so far so quick that a small uptick this arbo. begot many of them jumping back on en masse ... may go up a bit more tomorrow and then come off somewhat again with that type involved.. but what we really want is meaningful longterm long money - eg institutional - coming on board and that would see this go a lot higher form here relatively quickly.. here's hoping we're going to see this..
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