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Sunday tips round-up: RM, Hill & Smith, Modern Water

Sun, 05th Jul 2009 11:53

RM has diversified into educational software, electronic whiteboards and other educational devices. It has also moved into US markets, where penetration of items such as fully electronic whiteboards is much lower than in the UK.The company has net cash of around £4m, with about £12 in the bank. The yield is respectable 4.8%. The shares are trading on a September 2009 earnings multiple of 11.6, falling to 10 in 2010. The shares are a buy says the Sunday Telegraph. Shares in last Sunday's new buy recommendation Hill & Smith have outperformed and are up 12pc over the course of the week following a positive trading update. The shares are trading on a December 2009 earnings multiple of just 6.7 times, falling to 6.1 next year. This is far too low considering its peer group trade on a prospective earnings multiple of nine times. The yield on the shares is also attractive, at 4.8%. The shares remain a buy says the Sunday Telegraph.Modern Water joined the Alternative Investment Market in 2007 and is at an early stage of its development, so much so that it has not yet made any money. But this should change dramatically as the company's technology is more widely adopted and it builds more plants. Modern Water is not a stock for the cautious, but for those willing to take a bit of a punt, the shares could prove richly rewarding. There is a growing need for fresh water, supplies are shrinking and this company seems to have found a way to help. The shares are trading at 44p, which reflects simply the cash on the balance sheet, so there is no value attributed to the desalination technology. That seems unjust. Buy and hold says the Mail on Sunday.Emerging markets now have a record equity share as developed countries are still engulfed in recession and as money flows back into the growth areas of the world. According to Bloomberg data, emerging markets now comprise 24pc of the globe's market capitalisation, compared with 18% at the start of 2009. Shares in Templeton Emerging Markets Investment Trust, which are up 31% since they were recommended on January 5, remain a buy says the Sunday Telegraph.Africa-focused oil and gas exploration Afren is on the verge of a massive massive turnaround in its fortunes, says brokers, with profits before tax of $108m forecast in 2009, rising to $457m next year. Brokers also believe that the stock should rise to at least 80p. Investors who bought in 2007 should sit tight. New investors should consider buying at current levels says the Mail on Sunday.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
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29 Apr 2014 12:32

Modern Water Creates Lateral Flow Tests And Reader

LONDON (Alliance News) - Modern Water PLC said Tuesday it has created a new range of immunoassay environmental monitoring strip (lateral flow) tests, as well as a hand-held device to read the results. The company, which creates water technologies for the production of fresh water and monito

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22 Apr 2014 12:16

DIRECTOR DEALINGS: Modern Water Chairman Acquires Shares

LONDON (Alliance News) - Modern Water PLC said Tuesday that Executive Chairman Neil McDougall acquired 33,000 shares at a price of 0.29 pence per share. Following this transaction, McDougall has an interest in 6.4 million shares representing 8.00% of the water technology company. Mode

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26 Mar 2014 12:11

Modern Water Says Severn Trent Has Bought A Trace Metal Monitor

LONDON (Alliance News) - Modern Water PLC Wednesday said water company Severn Trent PLC has bought one of its trace metal monitors after trialling it at a water treatment works in the UK. In a statement, the fresh water and water quality monitoring technology company said the trial was paid

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17 Mar 2014 12:38

Modern Water Installs Multiple Trace Metal Monitors In Argentina

LONDON (Alliance News) - Water technology company Modern Water PLC Monday said it has installed multiple trace metal monitors in Argentina, after seeing increased demand in South America for its products. The company, which develops and supplies systems for water monitoring, said it recentl

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12 Mar 2014 13:01

Modern Water Loss Narrows In 2013 As It Cuts Costs

LONDON (Alliance News) - Modern Water PLC Wednesday said its loss narrowed in 2013 as it cut costs and signed a number of new contracts, while its cash burn was also reduced. The company, which develops and supplies systems for water monitoring, posted a pretax loss of GBP4.8 million compar

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12 Mar 2014 10:05

UK BROKER RATINGS: Four Brokers Raise Close Brothers Price Target

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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BERENBERG CUTS TRAVIS PERKINS PRICE TARGET TO 1800 (1880) PENCE - 'HOLD'
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JEFFERIES CUTS LAND SECURITIES

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12 Mar 2014 09:03

Wednesday broker round-up UPDATE

Ashtead Group: Citi raises target price from 850p to 1075p keeping a buy recommendation. Barratt Developments: Goldman Sachs reduces target price from 527p to 502p and downgrades to neutral. British Land: Jefferies downgrades to hold with a target price of 707p. Brooks Macdonald Group: Canaccord

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12 Feb 2014 11:20

Modern Water Supplies Toxicity Monitor For River Clean-Up Research

LONDON (Alliance News) - Modern Water PLC Wednesday said it is supplying a Microtox M500 toxicity monitor for a river clean-up research project in collaboration with the University of Central Florida. "The UCF chose the Microtox M500 as it provides rapid toxicity testing with immediate resu

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4 Feb 2014 11:14

Modern Water Launches New Bench Top Ultraviolet Digester

LONDON (Alliance News) - Modern Water PLC Tuesday said it has launched a bench top ultraviolet digester that provides a quick and easy way to treat aqueous samples with UV light. In a statement, the water technology company said the product, the UV14000, eliminates organic compounds found i

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20 Jan 2014 09:13

Modern Water Launches New Trace Metal Monitor

LONDON (Alliance News) - Modern Water PLC Monday said it has launched a new trace metal monitor, the OVA7000 Duel Cell, a monitor that it says extends the range of detectable metals to up to ten in a single unit and offers 24 hour monitoring of three to six sample streams. Shares in the wat

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2 Dec 2013 17:01

STOCKS NEWS EUROPE-UK small caps close down 0.2 percent

The FTSE small cap index and junior-listed AIM shares shed 0.2 percent and 0.1 percent respectively, outperforming the mid-caps, off 0.9 percent, and the blue chips, 0.8 percent weaker. Ferrex gains 9.5 percent on positive initial drilling results from the Mebaga iron ore project in Gabon l

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26 Nov 2013 13:21

Modern Water Opens Office In Shanghai

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29 Oct 2013 11:00

Modern Water Signs Exclusive Agreement With Beijing Green Science and Technology

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18 Oct 2013 16:32

Travis Perkins CEO sells 50,000 shares ahead of next year's departure

The wife of the out-going Chief Executive of Travis Perkins on Thursday sold 50,000 shares on the same day the FTSE 100 builders merchant reported 'encouraging' sales momentum in the third quarter despite challenging conditions in retail markets. The transaction reduced Geoff Cooper's stake in the

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18 Oct 2013 07:32

DIRECTOR DEALINGS: Modern Water Non-Exec Buys 200K Shares

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