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..
Not sold any. Was hoping for 30p on this great news, but may now sell 20-25p.
Looks like the rise will now be slow and steady, I am looking for more info about the Gib contract and financing of it, more announced sales of other products would also help.
Will have to check when next formal report is due.
We have an RNS showing that a micro cap specialist institutional investor has sold about a million of shares. Probably did it yesterday to take some profits. You can`t blame them for taking some off the table, still have over 3% stake
I am disappointed/surprised with the extent of todays s/p weakness but think I now understand it better after bobssons post.. thanks Bobbson.
Even if it's steps back alongside steps forward as we go from here I still have a good feeling about this as a long term bet and did buy some more just now at 13 odd p and would buy more again if this goes further back towards 11p
Yes, and thats why a better RNS would have been to announce an up front payment from Gib govt. All the work involved is going to cost, the reward will be there but its the initial funding outlay that perhaps MWG do not have. Clearly the market seem to think a fundraising is on the way, and the company has previous form for fundraising after good news. The last fundraising was at a deep discount to the sp, this time it shouldn`t be.
So I guess its a case of "once bitten twice shy" on this with investors not willing to pile in until the extent of the fundraising is known.
Need more info from MWG on funding and more contracts for the various products and services offered.
"With increased commercial demand for the company's technologies, Modern Water has identified an opportunity to recruit a Process & Commissioning Engineer to work within the expanding Membrane Processes Division. Modern Water has entered into a number of agreement to deploy its technologies in different sectors and regions."
I'm surprised nobody picked up on this post of mines form 8/12/17.
Without any mention of Gibralter it also showed other works ongoing at WSG.
Showcasing and Momentum Building
I am surprised to see this back at 8p levels for a varied number of reasons:
Firstly given that the Placing (on which importantly for me the Management participated) was at 11p.
Secondly though given that momentum was building in the business, has been continuing and that there may be a lot more to come in the weeks and months ahead.
Just a couple of extracts.
"The impressive performance of our All Membrane Brine Concentrator (AMBC) in the cleaning of process waste-water for an Indian-based textiles company was widely marketed and has encouragingly resulted in new enquiries from companies in a range of countries and industrial sectors. We are also beginning to see increasing market interest in our other membrane technologies, with sales of licences and products in China, India and Oman."
"Modern Water said it has secured a first sale of its proprietary technology in China. The company will provide its all-membrane brine concentration produce to a plant to treat fuel-gas desulphurisation wastewater produced by a power station in China.
The innovative AMBC system will be built into an existing facility, with completion and commissioning scheduled for the end of this year (2017).
We have worked with Sunup for several years and we are confident that once the plant is up-and-running our technology will demonstrate the substantial improvements we can offer for the flue-gas desulphurisation sector, and also in other industries, thereby allowing us to make further sales to Sunup and target new markets.
And then of course there is the MWG suggested association with turning Saltwater into drinking water and its global demand and vast potential revenue streams.
This technology has huge potential - it could for example assist on a large scale provide relief for the current issues in South Africa. Assuming the Gibraltar project is successful, then the future should be very bright for MWG.
Great RNS, that was what I was hoping for, but even given the extra shares raised in the funding exercise, the share spiked to over 30p last year on speculation pre fundraise? So there looks to be some upward share movement still to be had in the next few days? Another contract RNS now would be great. Any views on where the sp should be on todays news?
IMHO DYOR NAI
The remarks made about oneways selections made me search .
Went back to December and can see four others we share.
Hopefully more further back.
Lets hope he is good :-)
But I'm in hundreds so bound to have a few lol
indeed onewayticket has called well here and elsewhere... congrats. and keep calling them good please!!
I had only a small position here and wasn't paying attention when RNS came out - why not announce pre market today btw, it would have been fairer - and sold 20% of at position at 17.5p .. then read a bit on bb's and just bought back double what i sold at 16p.. and am now open to buying some more here too.. certainly would buy a bunch more at 15p or lower.. may not go that low of course..
Should be a beginning of a stong and sustained re awakening of this share now.. hopefully..
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