Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video 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.
https://www.google.co.uk/amp/s/www.forbes.com/sites/joshuacohen/2020/09/01/predicting-a-covid-19-outbreak-with-wastewater-analysis/amp/
Early in the Covid-19 pandemic, research showed that people infected with the novel coronavirus shed viral material in their feces. This has led to interest in what is sometimes called “sewage epidemiology” by public health officials...
Not baffling at all. There is plenty of evidence about the desperately poor quality of the MW management team;
• The constant flip-flopping on strategy
• The long term collapse in sales
• The failure to land the Gibraltar project
• The failure to capitalise on great technology
• The failure to develop a myriad of global partnership
• The departure of most of the sales team
• The collapse in the share price from 119p to 0.5p
• The two main subsidiaries going bust (and the failure to pay those staff in the subsidiaries) with the main company on the verge of bankruptcy
• Failure to pay staff
• Failure to sell testing
• Shareholder dilution
• Spending over £50m with most of it having to be written off
How anyone can seriously believe that this has been anything other than a shambolically managed company is beyond me. GB has been a refreshing NXD and clearly having the management of SKIN take-over is IMHO one of the greatest benefits of the merger.
All of a sudden people are saying we are very lucky to have the chance of merger as Mwg is such a badly run outfit . Prior to this people been saying don’t know which firm to invest in . Baffling
IMHO accepting the offer is a no brainer for MW shareholders. We are ditching a poor management team for something much capable. I think that we are very fortunate to be in such a position given where the company was in February this year.
I’ve got a decent enough holding in both and will be voting for the takeover without a doubt.
I suspect I now waiting for the offer to appear in my corporate actions section on my account then choose to either take it or hope it rises. I'm thinking about accepting at the moment as I think there will be more movement after the take over in the right direction and I have so little % of my portfolio in here that I can sit and see where it goes over the next few months. I think the merger makes total sense. There's been nothing to call between the two companies lately as they have been so intertwined that they were practically working as one company except that all the paperwork was being done twice.
wow the shorters are really dragging this down
That has been happening a bit Oldblue1973. Bit of selling one to buy the other to gain a margin. Things balancing out though. If you are confident that the merger will go through, and you can buy MWG cheaper than SKIN then that would make sense. For me though I am just sitting tight with a holding in MWG and SKIN.
Its a one for one, Anyone would have been better off selling skin and buying MWG as its been cheaper and is now by 0.1p
"would you be better buying skin shares as the shares are linked now and skin going up will increase the modern water price"
If the merger was guaranteed to happen, you'd be better off buying whichever one was cheapest at the time as they would end up being exchanged for SKIN shares anyway.
just me but if you had modern water shares and wanted more would you be better buying skin shares as the shares are linked now and skin going up will increase the modern water price? just there the same price.....imho correct me if im wrong...
For many investors a merger may be a new experience and raise some concerns, be they a SKIN or MWG shareholder. We are always told that the markets do not like uncertainty and that is true for many investors. I would encourage the 'nervous types' to re-read the RNS on how the proposed merger will take place, how the shares will be transferred and how the consolidation would work. It really is very easy to understand if you take the time to read the RNS. In the interim, it is easy to see why the respective share prices will mirror each other (give or take) as they are likely to be of equal value if the merger is approved. A bit of buying and selling is going on to get a marginal return on the respective price differences but nothing to panic about. There will be no skeletons in the cupboard as I am certain GJB will have done his due diligence and has had several months to understand MWG. Both share prices will stabilise and react in unison to the news that is due. This is going to be a fantastic journey for both sets of shareholders. Hold on and enjoy the ride.
im just looking at the share price dropping and wondering if folk have forgotten about the covid detection that they are developing.......imho they must off got it working for them to join the 2 companies but thats just me just a share shakedown before they announce it....
I am a SKIN holder and yes it stings to watch the share price drop on release of this Merger/Takeover. Muggins raises some very valid points and it would have been nice to have had this information earlier. That said, when you look at the revenue or lack of it that MWG was pulling in with this Gold Standard kit, it would appear that the Sales team was never one of MWG's strongest assets.
Despite the share drop as a SKIN holder I can see the value behind this merger in that:-
a) Whilst Integumen are providing the Heart of the machine via AI, viral detection and reagent production, It is very apparent that the MW technology is going to be integral to their future plans. The takeover means that technology and it's patents should be secured from any potential competitors.
b) Not mentioned before, is the automatic securing of approvals. MW has approvals for water quality monitoring and control in Europe , China and the US. It would normally take a long time to gain such approvals from scratch.
c) I am not too concerned about the sales side. In addition to the reasons stated above, if we are to believe that this is going to be a big affair it is pretty obvious that the 3 odd million quid we have in the bank is going to be enough to roll it out. I would expect that an OEM would be engaged and thereby we would have access to their marketing also.
d) Whilst the team at MW appears to have been somewhat drastically reduced, never the less the distribution channels and offices still remain and this will be a huge advantage going forward.
e) Finally, the combination of both technologies means that assuming the product is successful , between the AI and MW technology, a significant barrier of entry has been created for any potential competitors to try and replicate.
What we do need now desperately is some news pertaining to where we are with regards to an actual product. How the tests in the lab at Aberdeen went would be nice.
AIMHO of course.
Indeed so 1 for 1 now (before consolidation).
extract from rns:" If the Share Consolidation is approved, the Modern Water Shareholders will instead be entitled to receive:
for every 10 Modern Water Shares 1 New Integumen Share"
If you do even the slightest bit of research you will see the technology is exactly the same as MW. In some cases they are even working with the same partners.
Does it matter that the largest part of the sales team have left then obviously yes it does.
Will it effect the merger. I hope not because the merger is highly beneficial to MW shareholders. However, if I was a SKIN shareholder I might want more information.
Yes - all checked on LinkedIn and ALL ex MW
That link only refers to Alan McQuillin having been former MW - did you find other sources that the rest were former MW?
It is the truth...I meant your standpoint. What are trying to prove or disprove? Aqua-sci set up 6 months ago...so what? Do you think this is a competitor to the Skin/MWG merger? No Do you think they didn't notice that happened 6 months ago? No Do you think the techs are the same? No...so what does it matter Muggins. What are you actually trying to say that's relevant?
All information is from MWs financial statements and the new companies website. Not sure how it cannot be the truth.
Perhaps some people do not like the truth and are all too interested in covering their ears to anything that they do not like to hear?
Anyway, the half year results would have made interesting reading - I wonder if we would have had the 46% growth we were promised or something rather less spectacular. I would expect SKIN shareholders to be interested and there is nothing in any of the documents I have seen which gives any indication.
I would be interested in MW managements actions when the sales team of its most successful unit set up in direct competition. Litigation?
Me thinks Muggins may not be telling the whole truth and nothing but the truth your honour...
New here, and only posting because I like mysteries. I'm a long-term holder and today after some online buying and selling of other stocks I decided to soack up a spare couple of hundred by adding 8,000 MWG at ask. My order went through as a fill at 7,999 shares. So now if the takeover completes I'm effectively holding nine dead shares, and somebody is holding an odd one. Financially, no big deal at all. But who do that, and why?
And nobody has more insight or awareness of what this deals means to both companies than GB...so I wouldn't worry too much muggins...you'll not be finding anything on google that he doesn't already know
I woudn't worry about that...the management and teams at MWG were the weak point which needed addressing. They now have the technology and experience to push forward properly in NA and China..Integumen is merging with MWG primarily for the installations and global footprint and a few key staff members. These joined forces will blitz anything out there on the market