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  • Funding round by Carefully Does It
    Mon, 31 Aug 2015 10:48:00 GMT

    spent some time going over 2014 results again.

    confirmed it appears they have bitten the bullet on vast majority of exceptionals and trimmed management costs. dumped some weight.

    some monitoring revenue was delayed 2014 and should occur 2015 which will probably help inventory too. possible £300K?

    16th Sept expect further losses but at reduced rate and probably enough cash to last 18-24 months but if they don't pull the nose up soon, or if they land a Gibraltar start, there's likely to be a funding round needed within 18 months.

    the timing is not good and ideally needs to occur at higher share price. i also suspect this is why there have been no further director buys as they hold fire and try to avoid dilution and take part in capital raising - pure conjecture.

    so - looking for reduced losses, increased revenue, news on Gibraltar and possible hint at fund raising or possible equity stake taken by a larger partner.

    The £90k site manager job for Gibraltar appears filled or cancelled down.

    will also be keen to know what movement on packaged desal sales and bespoke packaged monitoring after the shipment of the last containerised monitor.

    if they get this right it can recover nicely but they need to get a fair few things to line-up properly.

    dumping the exec chairman was a good start and looks like head of membrane has gone too. the cost of his redundancy, if he was let go, will be in these results. he may have been on 12 months so not a cheap change.
    By Carefully Does It
  • Re: gib by Carefully Does It
    Sat, 29 Aug 2015 10:17:00 GMT

    suspect capital raising on cards.
    no mgt share buys.
    Gib position now filled? off web site.
    thoughts? By Carefully Does It
  • gib by Carefully Does It
    Fri, 21 Aug 2015 12:56:00 GMT

    link By Carefully Does It
  • Gib by Carefully Does It
    Fri, 21 Aug 2015 12:47:00 GMT

    What date set for the start?

    link By Carefully Does It
  • Re: General Interest by Carefully Does It
    Wed, 19 Aug 2015 19:55:00 GMT

    Mwg have sold.product to Portland Uni in Oregon, 2013. By Carefully Does It
  • General Interest by Carefully Does It
    Wed, 19 Aug 2015 06:58:00 GMT

    This is a dead share until news and or larger seller is gone.
    Results soon to ponder.
    Need to see any progress on kpi's and Gibraltar. Job still open for the site manager.
    NAV looks about where price is.

    By Carefully Does It
  • Mgt by Carefully Does It
    Sat, 25 Jul 2015 07:20:00 GMT

    Looks like Roger Webster has gone.
    I hope MWG are purging costs throughout and underperfotmance is addressed in all areas.
    It needs some radical action 5o turn this around imho.
    If he was pushed it might imply someone with some guts is pushing this and/or AquaPak isn't selling.
    By Carefully Does It
  • what's going on? by Carefully Does It
    Fri, 24 Jul 2015 16:54:00 GMT

    seller still there.

    looks like the primary contact for desal container packaged may have gone.

    if sales are lacking they need to dump dead-wood quickly as the comfort blanket of £6m in the bank and no debt is easily eroded.

    management looks good on paper but this is a pigs ear for shareholders and no positive news.

    very sad to watch and needs action to turn it around.

    are they taking the necessary actions?

    update would be useful to attract interest.

    this market will do mwg no favours. By Carefully Does It
  • Opportunity by Carefully Does It
    Thu, 23 Jul 2015 12:06:00 GMT

    listenibg to this podcast - how come Mwg have a growth problem when you listen to the sizevof only one problem.

    By Carefully Does It
  • British Managment by Carefully Does It
    Sun, 19 Jul 2015 11:30:00 GMT

    What is wrong with British business management in this sector?

    ModernWater use China as an excuse, Oasys see it as an opportunity.

    Sad state of affairs at MWG. No new news to announce, more of the same?

    Seller still exiting.

    By Carefully Does It
  • Re: Graphene for water purification? by Carefully Does It
    Tue, 07 Jul 2015 12:15:00 GMT

    IP Group have some Graphene interests - that's as much as I know. Hard to see where MWG are going now - down the larger scale installation route, IP, smaller systems? Trying to be all thinks to all people and would have hoped for some sales news on the packaged RO/FO containers.

    Someone is selling down big time.

    Perhaps the story has changed and they haven't told us and only bigger holders are in the know. By Carefully Does It
  • Graphene for water purification? by i network
    Tue, 07 Jul 2015 10:00:00 GMT

    I just heard a programme on the BBC world Service about developments in graphene for a world conference on graphene presently taking place in Manchester. One area highlighted was it use in membranes to purify water, including desalination.
    I have emailed Modern Water to ask if they are working in this area, but wonder if anyone on this bb knows?

    Michael By i network
  • China and Middle East by Carefully Does It
    Sat, 20 Jun 2015 21:40:00 GMT

    How come the likes of Oasys can sign business in China whilst all MWG do is complain that it has slowed down.

    Then there was this, from which no further news.


    Hard to believe this - link
    By Carefully Does It
  • 7 -ipo by Carefully Does It
    Fri, 15 May 2015 08:10:00 GMT

    This is listed as 7th largest portfolio holding of ipo group.
    I find that hard to believe.

    Very much hope they are guiding mwg else this is a slow death scenario as they flounder to find sales. By Carefully Does It
  • selling down by Carefully Does It
    Mon, 11 May 2015 17:16:00 GMT

    At this rate the big holders will still be selling down this time next year.
    By Carefully Does It
  • Over the edge by JohnCh
    Fri, 24 Jul 2015 14:14:15 GMT

    Classic descending triangle SP pattern with a cliff jump...what can we do to support GB!
  • going down by Yare
    Wed, 22 Jul 2015 13:03:07 GMT

    Is anything happening here? This looked so good 4 years ago (when I bought in at 49 :(.
  • 5p by Conleyj
    Sat, 04 Jul 2015 19:55:00 GMT

  • 8p by Troajan
    Sat, 04 Jul 2015 19:53:46 GMT

  • 10p by bonker99
    Sat, 04 Jul 2015 19:45:48 GMT

  • Very Long Term?? by JohnCh
    Mon, 08 Jun 2015 17:55:04 GMT

    Had to sell sorry MW...maybe a nice lucrative takeover hope you do well in the US and regain China?
  • AGM details posted by chrishutch
    Thu, 30 Apr 2015 12:36:40 GMT

  • RE: Support British? by chrishutch
    Sun, 05 Apr 2015 11:13:43 GMT

    I know where you are coming from as I have been thinking the same but hold in the hope that this one will eventually come good.
  • Support British? by JohnCh
    Thu, 26 Mar 2015 13:29:58 GMT

    MWG down another 4% , good solid British company (was) but this is trying my patience but will hold!
  • MWG loses wind in its sails by JohnCh
    Thu, 19 Mar 2015 12:08:56 GMT

    Recommended in Money Week a few weeks ago, makes good sense in the long run as water finds itself increasingly in the wrong place, this is just a little interim pharp rising to the surface
  • going to take the opp to by chrishutch
    Thu, 19 Mar 2015 08:07:00 GMT

    average down today before I miss it lol
  • Mwg by Stassen
    Tue, 17 Mar 2015 19:53:34 GMT

    Are Chinese being obstructive over contracts so that share price forced down . Ripe for cheap take over?
  • this will turn around by chrishutch
    Tue, 17 Mar 2015 18:27:36 GMT

    Just a waiting game now.
  • MWG roller coaster by JohnCh
    Wed, 11 Mar 2015 09:36:22 GMT

    Up 6% the day I invested in MWG today down 12% due to China slowdown and membrane division problems. Let's hope some of the delayed contracts from last year kick in
  • Question is q1 or q2 next year by notgreedy
    Thu, 18 Dec 2014 18:18:10 GMT

    For yet another RI? Few big brains in this co, fine products- potential , but will take few senturies for mwg to make profit. Somebody might have a punt with it and buy it for 5m which I reckon would be mcap by h2 of next year should mwg be unsuccessful with new RI. They have no borowing cose nobody would lend to nonprofitable business that has losess dwarfing to. On the bright side mwg can't be shorted( easily).