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Results were expected and priced in. No extra big news, so offloading and MM shake the tree. Wait for a low and top up, since the base is solid.
why such a drop over the last two days? RNS was very good, IS, BS, going Concern, all OK
ohh yeah!!! stunning
Yes excellent results but to be expected with the incredible share price performance recently. Toppy valuation but a decent business.
Very strong results out this morning.
Really like this company and nice to see a steady upwards trend in value. Hope this is consolidated by the interims due mid September. I’ve seen the damage one water small leak can do in high rise apartment blocks over time. Low cost early detection systems must be a good investment.
like the good old days m8
and yeah,i think the turning point,is now...if news,hits expectations
that house you bought the other year,must be worth a few bob now
unless you sold it
Hope your well mate...waiting for Wres lift off hopefully some good recovery rates in next update.
https://www.proactiveinvestors.co.uk/companies/news/956350/water-intelligence-in-demand-after-strong-first-half-performance-956350.html
i reckon that's the bottom of the downtrend m8....over in spain.
The growth potential of this share is outstanding
Wow what an update going from strength to strength.....
https://www.lse.co.uk/rns/WATR/strong-1h-trading-update-3z7ysyjov6sgxfw.html
We keep winning these insurace contracts. Its costing insurance companies $23billion? a year. These contracts look huge to me.
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