RE: So what?s going to take29 Mar 2018 16:54
This is going to need a 22milion pound contract at least to get it going north ;)... imo this is just short term pain to achieve long term gain -"During 2017 we decided to terminate the agreement with our main distribution partner in China, in order to establish a wider network of distributors across the country, providing access to significantly more sales opportunities in the medium to long term. The transition resulted in a short term reduction in revenue from the Chinese market in 2017, contributing to an overall disappointing financial outcome for the Division. However, we can report that the Monitoring Division entered 2018 with a strong order book in China and a healthy sales pipeline from its new distributors"...also "During the year, significant investment has been made in product development"..."Modern Water has developed an attractive range of technologies which offer demonstrable benefits to our target markets. This range of capabilities, developed over many years, now offers the Company an exciting series of opportunities, as we continue to commercialise our technology".