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Fund Manager Chris Bailey talks about an opportunist 2017 for investors


Modern Water Share Chat (MWG)



Share Price: 5.625Bid: 5.50Ask: 5.75Change: 0.00 (0.00%)No Movement on Modern Water
Spread: 0.25Spread as %: 4.55%Open: 5.625High: 5.625Low: 5.625Yesterday’s Close: 5.625


Share Discussion for Modern Water


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You_Having_a_Laugh
Posts: 115
Question
Opinion:No Opinion
Price:5.625
Bilfinger?
Tue 21:35
Anyone heard anything from the Bilfinger collaboration?
 
Traa-dy-Liooar
Posts: 575
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:5.625
Be
7 Jan '17
interesting to see the year end results to see what cash is left. There was £2 mill end of June with cash burn of 1.1mil for the first 6 months. A placing seems not too far away.
testpack3
Posts: 1,240
Off Topic
Opinion:No Opinion
Price:5.625
Apologies
6 Jan '17
It`s water intelligence WATR.
testpack3
Posts: 1,240
Off Topic
Opinion:No Opinion
Price:5.625
Everything seems to be going
5 Jan '17
in right direction - Vadri.

With the exception of the share price. Intelligent water is a much better company, with a BOD who knows what it is doing.
Vadri
Posts: 28
Off Topic
Opinion:No Opinion
Price:5.75
RE: Gibraltar Contract
5 Jan '17
I emailed the Gib Ministry for Environment and their response was that it is still under the tender process.

Reading between the lines I agree that Brexit may have had an impact as their is uncertainty over changing parameters and consequently delayed the process.

The monitoring Division seems to be doing well with sales to China reported in October and also the successful ZLD pilot.

Everything seems to be going in the right direction
You_Having_a_Laugh
Posts: 115
Off Topic
Opinion:Strong Buy
Price:6.125
RE: Gibraltar Contract
4 Jan '17
I suspect any move on Gib would show up in the price before the news hit the wires. There would be too many people involved for there not to be some news leak.

My interest is in monitoring uptick and news of Bilfinger outcome and new partners for ZLD.

Gib would be a nice to have but the other areas better spread and reliable once they start to see adoptions.

We could do with some luck to kick this off.
You_Having_a_Laugh
Posts: 115
Off Topic
Opinion:No Opinion
Price:6.125
RE: Gibraltar Contract
4 Jan '17
Gibraltar have debt problems. Wonder if Spanish pollution an issue too. If Gib have to spend but Spanish up the coast don't (but breach limits) that's not fair.

Leaving EU might impact too as future working population might fall if barriers placed on commuter flow or unemployment ticks up. Lots of Spaniards commute to the rock, that could go to a dribble.
TruroTrader
Posts: 326
Off Topic
Opinion:No Opinion
Price:6.125
RE: Gibraltar Contract
4 Jan '17
A bit of a mystery. We were the preferred bidder and an announcement was expected some 4-6 Months ago. I thought the requirement was part of the EU Directive re clean water. 22 Mill is of course a lot of cash for a small population - perhaps it's funding issues?
DerbyCounter
Posts: 17
Off Topic
Opinion:No Opinion
Price:6.125
RE: Gibraltar Contract
3 Jan '17
All I can think is that Brexit uncertainty is preventing a decision by Gib government....
Vadri
Posts: 28
Off Topic
Opinion:No Opinion
Price:6.125
Gibraltar Contract
3 Jan '17
I wonder what happened to this...
Can anybody shed any light on the delay?




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