The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Been following WATR for a while and kept regretting not getting in earlier, but today's contract news was too enticing to ignore, especially after the retrace from 1000p+ recently. WATR looks like a great short, medium and long-term hold based on the fundamentals and the exponential growth they have achieved despite the pandemic, and the chart is looking very positive with clear bullish divergence on the RSI on the daily.
Look forward to more contracts and continued strong growth.
£10 predicted target reached. More in tank over the next 6 months and further corporate updates should cement the direction.
And as expected a new all time high. More to come I suspect - this appears to be a well-run company with exciting prospects. GLA
Indeed. IMO some new highs are justified. Looks like the SP has taken a few hours to respond. GLA
Superb results and recent trading update.
https://www.londonstockexchange.com/news-article/WATR/2020-final-results-trading-update/15007756
"Trading through 30 April 2021: 2021 has started with an even higher growth trajectory than its five year CAGR. Through 30 April, revenues have grown by 47% and statutory profits before tax by 154% against the same period in 2020, despite the Group's markets being adversely affected by the pandemic during both periods."
"Dr. Patrick DeSouza, Executive Chairman of Water Intelligence, commented: "Despite Covid-19 disruptions, we delivered a breakthrough 2020 and an even more remarkable first third of 2021 with strong advances in every part of our business: financial results, operating KPIs, technology reinvestment to keep differentiating our brand, new business lines to address market demand and experienced leaders to strengthen both board and management as we move to the next level of corporate development. Our business is scaling rapidly."
Water Intelligence plc
Insurance National Account Win
Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Company"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to announce another insurance national account win - its third year-to-date.
Water-related claims are one of the largest sources of claims for the insurance market in the United States. Insurance companies value ALD's delivery of minimally-invasive water leak detection and repair solutions anywhere, anytime across the United States. Today's win is with one of the fastest growing national insurance carriers.
The Company's latest business-to-business account reinforces the sustainability of Water Intelligence's growth trajectory for its insurance channel. As discussed in recent trading updates, the business-to-business insurance channel grew 20% year-over-year for full year 2020 vs. 2019 and kicked-off this year with 19% growth for 1Q 2021 over 1Q 2020.
Executive Chairman, Dr. Patrick DeSouza commented: "We are appreciative of the recognition that we are gaining across the United States with homeowners and insurance companies. We will continue to build on our value proposition of minimally-invasive leak detection and repair and our reputation for excellence in delivering solutions across the United States. We seek to capture more and more of the $13 billion insurance market for water-related claims."
Fair value clearly exceeded. WHI have now tweaked their forecasts for 2022 and beyond. A £10 target on the face of current figures appears achievable.
nice one m8,good pick,this one,for you chaps
You reached your breakeven and doubled it
Wowsa market loves the news this morning...
Very very Good indeed.
Cracking set of results again by water showing strong indicators for future growth and profit which will turn in to future acquisitions,very happy with my investment.
Commenting on the Group's performance, Executive Chairman, Dr. Patrick DeSouza remarked:
"Once again we are reporting outstanding results. We are racing ahead as an 'essential service provider' offering valuable water-related solutions to our residential, commercial and municipal customers during this late-Covid period. As noted in a recent release, even as we move beyond Covid, we expect that market demand for our solutions will only increase as a result of the Biden Administration's American Jobs Plan and its anticipated $100 billion investment in water infrastructure.
We are exceptionally pleased that each of our key performance indicators is strongly positive as we pass the mid-point of the second quarter. We are building on a great 2020 and proud that we have consistently delivered while scaling operations over the last five years. As our profits increase, we are committed to reinvest not only in more execution capabilities for current market capture but also in leading technologies that reinforce our brand and our growth throughout this decade. We have a strong matrix of clean water and wastewater solutions and we aim to be market leaders with respect to the world's most precious resource."
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014
https://www.lse.co.uk/rns/WATR/strong-1q-trading-results-n7d2jfj3p5qyjid.html
https://www.lse.co.uk/rns/WATR/strong-1q-trading-results-n7d2jfj3p5qyjid.html
Good expansion business deal today.
https://www.lse.co.uk/rns/WATR/acquisition-of-ip-assets-he9sz2aeqp97oi5.html
Executive Chairman, Dr. Patrick DeSouza commented: "We have continued to execute well during the first quarter and look forward to accelerating our growth trajectory. We provide valuable solutions for water and wastewater infrastructure and seek to help lead efforts to advance the Green Economy. We aim to deliver on a sizeable opportunity ahead.
Did you ever get in to WATR mate,
Biden spending 100s of billions on water infrastructure.
Share price bouncing back up strongly today.
So we did a share buy back last year for £2.77 put them in treasury and then sold them to an investor for £6.55.
That is amazing business.