Keyword results: MWG

PREMIUM CONTENT

Integumen & Modern Water – offer document extension required & reality biting?...

An update today that Integumen (SKIN“has sought and obtained approval from the Panel on Takeovers and Mergers to extend the deadline for publication of the Offer Document. Integumen currently expects that the Offer Document will be published by Friday 9 October”. But shares in the company currently more than 21% lower at 31.5p – and in prospective acquiree Modern Water (MWG) more than 18% lower at 3.125p?…

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Integumen – recommended all-share offer for Modern Water on the covid bandwagon...

“The Boards of Integumen (SKIN) and Modern Water (MWG) are pleased to announce that they have reached agreement on the terms of a recommended offer… for each Modern Water share 1 existing Integumen share… Based on the existing Integumen share closing price of 4.05 pence per existing Integumen share on the last practicable date, the offer values the entire issued and to be issued share capital of Modern Water at approximately £21.25 million”…

Subscribe to ShareProphets to access Premium Content
MWG
MWG

Modern Water – “pleased to announce” new business… but what’s to follow?

Modern Water (MWG) “is pleased to announce that it secured the sale of its largest by volume All-Membrane Brine Concentrator technology, to be used in South Korea's first deep seawater salt production project” – and the shares have currently responded more than 7% higher, to 1.5p. However, Nigel Somerville previously warned on this company; bullshit packed RNS, placing at 1.25p to raise just £141,696 - prepare for a GM and more confetti!

MWG
MWG
PREMIUM CONTENT

Modern Water: bullshit packed RNS, placing at 1.25p to raise just £141,696 - prepare for a GM and more confetti!

Since my Easter Red Flags at Night piece things have got progressively worse for AIM-listed Modern Water (MWG). At the time of my Easter piece the shares were 5.75p but it has been a ski-slope downwards ever since and this morning the company announced a placing at just 1.25p to raise just a few 50p coins for the electricity meter: £141.696 – and that was before expenses!

We are told that:

Subscribe to ShareProphets to access Premium Content
MWG
MWG

Modern Water – another intra-day update, Nigel’s Easter red flags fluttering even more strongly?

“Further to the board's announcement of 7 June 2019, Modern Water (MWG), the owner of world-leading technologies for water and wastewater treatment and for water quality monitoring, announces a further update in relation to its funding discussions and working capital position”. Hmmm – “world-leading technologies” hey, but that previous update including “cash flows have been slower than anticipated from the Membranes Division and, consequently, additional working capital will be required in the short-term” and now another intra-day (this one 3:31pm) update?!...

MWG
MWG

Modern Water – following Nigel’s Easter Red Flags at Night warning, an intra-day “Trading Update”…

Its previous coverage on this website was Nigel Somerville’s Easter Red Flags at Night: Modern Water FY results a washout – SELL!, now an intra-day (10:55am) “Trading Update” from Modern Water (MWG). I’ve got a feeling this ain’t going to be a positive update!...

MWG
MWG
PREMIUM CONTENT

Easter Red Flags at Night: Modern Water FY results a washout – SELL!

Here haven’t been so many diabolical after-hours announcements as there used to be, but ahead of the Easter double bank holiday – at 6.19pm on Thursday evening – AIM-listed Modern Water (MWG) showed that the tradition is alive and kicking. Its investors might have gone home but ShareProphets was watching….

Subscribe to ShareProphets to access Premium Content
Bearcast

Tom Winnifrith Bearcast: Loads of Pornography and Welshmen shagging sheep + Sepura and 1 down 1 to go with Phil Edmonds

Pornography, naked women, sheep shagging Taffs. Actually there is nothing of the sort in this bearcast but I mention it just to annoy Kay Larsen,a prudish and stupid PR spinner for Sepura (SEPU). Kay is a really silly cow and we have crossed swords before so I rub her nose in it with her client whose statement today is a scandal. The rozzers really need to have a butchers. Then I cover Modern Water (MWG), Falcon Oil & Gas (FOG) and a trio of uber dogs with uber fleas: Blur (BLUR), Inspirit (INSP) and related party Octagonal (OCT). Then I look at Phil Edmonds creation Sable (SBLM) which is now a month away from AIM casino death. Its sister company is the fraud African Potash (AFPO) and I cover this matter in detail. It looks as if the Mrs will give birth tomorrow so if I take a break and you miss me either listen to the archive HERE or google "tourettes audio" and find something similar. Warning: this podcast contains some very bad language especially for the prude Kay Larsen.

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Complete Coverage

Recent Comments

|