with the rns this am. Sp 4.5% South. The Oman FO plant is owner operated, Where will they put the £1.6 admin expenses on last years a/c this year? No mention at all of new projects in China. However the CEO is pleased with progress. Good, would not want him disappointed.
16 Sep '14
more impressive news
Taken from FYR13 Revenue Membrane (FO) Oman £36K Cost of sales £8K Admin Xpenses £1.629M, loss £1.601M The Monotoring div had income of £3,49M, and gave a loss of £137K RNS releases since have highlighted the proposed fresh water FO plant near Shanghai. I wrote to the co 2 months ago asking if they had any idea of income streams for this project. To date, no reply, no acknowledgement. The Oman FO plant is generating lots of income for employees, but with little income for the co. They could all be on a very good jolly with the ipo money. realise there are different size fresh water plants, but the co must know what sort of income stream any plant will produce, especially when it's operate and maintain. Co will not make money selling monotoring devices ( serious money), and I was rather hoping the FO O&M plants would be £Mmulti operations. If the co is not prepared to tell us, why invest. All in MHO of course.
10 Sep '14
impressive recent news
11-Aug-14 09:42 RNS-R Modern Water launches new monitor - Replacement Company Announcement - General 11-Aug-14 07:00 RNS-R Modern Water launces new hydrocarbon monitor Company Announcement - General 29-Jul-14 09:50 RNS-R Modern Water targets Latin American market Company Announcement - General 12-Jun-14 15:00 RNS-R Modern Water expands EnviroGard algal toxin range Company Announcement - General 06-May-14 11:25 RNS Director/PDMR Shareholding Directors' Dealings 06-May-14 07:01 RNS-R Modern Water and Luminultra launch new ATP kits Company Announcement - General 23-Apr-14 10:57 RNS Results of AGM Results and Trading Reports 22-Apr-14 11:33 RNS Director/PDMR Shareholding Directors' Dealings 26-Mar-14 07:00 RNS-R Severn Trent trials Modern Water technology
10 Sep '14
I am no expert and this is just my opinion. I feel the cutting edge technology they have with Forward Osmosis is something that will be highly effective moving forward. Clean pure water is becoming a more and more needed necessity in everyday life and companies are seeing. Forward Osmosis (which is a proven technology) membranes allows this to be produced at a much more affordable level than the current methods. Despite this process the company are cash efficient and have a positive and steady approach which gives me further comfort when placing my hard earned money.
10 Sep '14
cheers, what makes you think that? ( "good times ahead" )...
10 Sep '14
For a company with no dept and such innovative products which bode well for the future this has to be one to watch. I myself have also taken a position following market pressure to keep this stock above the year low and its strong product range. I think good things are ahead and I expect the Interim half yearly report soon which should confirm the companies financial position. I believe a rise in price to be imminent and a steady rise over time looks on the cards with past highs being exceeded.
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