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Michael Masterman talks on WRES potential & Tungsten market Watch here

Michael Masterman talks on WRES potential & Tungsten market


Modern Water Share Price (MWG)



Share Price Information for Modern Water (MWG)


Share Price: 6.50Bid: 6.25Ask: 6.75Change: 0.00 (0.00%)No Movement on Modern Water
Spread: 0.50Spread as %: 8.00%Open: 6.50High: 6.50Low: 6.50Yesterday’s Close: 6.50

Modern Water Plc Ord 0.25P

Modern Water is listed in the FTSE AIM All-Share
Modern Water is part of the Utilities sector






Share Price SpacerPrice
6.50

Share Price SpacerBid
6.25

Share Price SpacerAsk
6.75

Share Price SpacerChange
0%0.00

Share Price SpacerVolume
53,038

Share Price SpacerOpen
6.50

Share Price SpacerHigh
6.50

Share Price SpacerLow
6.50

Share Price SpacerClose
6.50

Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 79.51m £5.17m 5,000

52 Week High 7.00 52 Week High Date 15-MAR-2017
52 Week Low 4.63 52 Week Low Date 28-JUN-2016

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
3 13,038 40,000 -2.462 -2.64 0.00 0.00




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

27-Mar-17
15:02:25
6.425
11,808
Sell* 
6.25
6.75
758.66
Trade Type:
Ordinary

27-Mar-17
13:27:09
6.425
1,230
Sell* 
6.25
6.75
79.03
Trade Type:
Ordinary

27-Mar-17
12:05:56
6.6999
40,000
Buy* 
6.25
6.75
2,680
Trade Type:
Ordinary




View more Modern Water trades >>

Directors Deals for Modern Water (MWG)
Trade DateActionNotifierPriceCurrencyAmountHolding
11-Nov-16Buy
Trade Notifier Information for Modern Water
Stephen Heaps held the position of Finance Director at Modern Water at the time of this trade.
 Stephen Heaps
6.3GBX200,000250000
14-Sep-16Buy
Trade Notifier Information for Modern Water
Stephen Heaps held the position of Finance Director at Modern Water at the time of this trade.
 Stephen Heaps
5.35GBX50,00050000
14-Sep-16Buy
Trade Notifier Information for Modern Water
Stephen Heaps held the position of Finance Director at Modern Water at the time of this trade.
 Stephen Heaps
5.38GBX45,00050000
View more Modern Water directors dealings >>



Date/TimeAuthorSubjectShare PriceOpinion
Today 12:19cadburyhillGib....6.50Strong Buy
There was a very positive article on Gibraltar post Brexit in the FT a few days back...Gib remains the dog that has not barked at Modern Water...A £22mn contract which could, in theory, be signed at any time and which is certainly no longer in the price after years of political procrastination. What we do know is that salt-water is corroding pipes and untreated effluent is no longer acceptable in the waters around Gib; at some point, the government has got to upgrade. A Brexit-related… Read More
Tue 17:02cadburyhillRE: Important. no cap raise.6.75Strong Buy
you forget the reference to a new trade finance facility in the year-end results...these guys have got more flex on day-to-day financing than they ever had (and the trade finance deal means a finance house is happy to take the credit risk, which is an additional +ve indicator for us)...
There's no cap raise here, not down at these price levels and with this degree of cost control.
However, I can imagine a cap raise in 18months time when there's a bullish narrative to tell about need to fund… Read More
17 Mar '17TruroTraderRE: Important. no cap raise.6.875No Opinion
I'm not to sure about a cap raise. As the monitoring division increases sales so will it need to purchase stock and pay for the various processing procedures so even when it goes into pure profit it may not be cash generative for a year or so.

All three of the other arms, Aquapack, Advent and bilfinger-babcock will need to spend cash when they receive orders before they raise invoices.

However we are definitely improving.
15 Mar '17You_Having_a_LaughRE: Important. no cap raise.6.875No Opinion
Agreed and expect new products and news.

Anyone looking to join will probably wait rather than buy immediately so a period of quiet (as we have had) should be no surprise.

Expect Director buys and as that have mentioned new products and orders the news can land soon after without problems.

15p, my target is 10p-12p to start.
15 Mar '17cadburyhillImportant. no cap raise.6.875Strong Buy
So, no cap raise needed, the monitoring division already ebitda +ve, and the membrane division with significant order momentum...

The CEO and new management team have done a great job on cost control and repositioning. And Gibraltar, worth £22mn to MW, remains a free option (in fact, if Gib doesn't go ahead, MW gets hundreds of thousands of £ of bidding costs back).
I don't know what this business is worth, but it's a damn-sight more than 7p a share now the dilution risk from a… Read More
11 Mar '17You_Having_a_LaughNext week6.375No Opinion
Results soon and price and volume suggest a chance they won't be horrendous.

Share prices shown are taken at time of message posting.
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