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| Share Name | Share Symbol | Market | Stock Type |
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| Aqua Resources | H2O | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
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| 0.00 | 0.00% | 0.325 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
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| 0.325 | 0.325 |
| Top Posts |
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Posted at 10/7/2012 16:06 by freddie01 Un-salting the Earth: Jerry Patterson's Desalination AmbitionsTexas is sitting on a massive amount of "brackish" water. Too salty to drink, but far less salty than ocean water. A lot of it is just sitting there, below our freshwater aquifers. And there's enough of it to satisfy the current Texas population for a hundred and fifty years. But how do we get to it, and how much will it cost to do so? That question is now on the mind of the Texas General Land Office. Today Commissioner Jerry Patterson proposed building some smaller desalination projects in Central Texas to help meet water demand in the region. "Everyone says the state's population is going to double by 2060," Patterson tells StateImpact Texas. "And I guess you could say there's enough water. But it's not in the right place." Patterson, who's running for Lieutenant Governor in 2014, is looking at several sites that belong to the commission's Permanent School Fund, all of them along the I-35 corridor between Austin and San Antonio. "Anything we do to produce water for Central Texas reduces the impact on the Highland Lakes," Patterson says. "That's not only good for the folks that live around the Highland Lakes, it's also good for those downstream consumers." Patterson says less water taken out of the lakes means more for rice farmers, bays and estuaries, utilities and the petro-chemical industry. But isn't desalination expensive and energy-intensive? GRAPHIC BY GENERAL LAND OFFICE The desalination project would use brackish water deep underground and make it fresh. "Yeah, it is," says Patterson. "It's about twice as expensive as some of our more traditional ways to acquire water." And while desalination and reverse osmosis filtration require a lot of power, he says that they're looking at the potential to power the plants, perhaps just in part, using renewable energy like solar and wind. But Patterson thinks the investment would pay off, whether or not the money for the plants comes from the General Land Office or private investors. "The market is in play here," he says. "We have the shortage of a commodity. We have increasing demand. Therefore the price of that commodity what was thought to be expensive in the past, may look like a bargain in the future." The proposal would be far from establishing the first desalination plant in the state, all of which are inland at the moment. There are dozens of desalination plants currently in Texas, and more on the way. And El Paso has the largest municipal desalination facility in the country, capable of processing over 27 million gallons of water a day. Patterson is quick to point out that he sees desalination as just one part of the solution to the state's looming water crisis. He also advocates more conservation, accessing more groundwater supplies, and moving water from areas where it's a surplus to where it's needed most. The agency has hired two water engineering firms to analyze the land. Patterson says that if all goes well, they could be breaking ground on the first of the plants in eighteen months. |
Posted at 26/4/2012 15:49 by skyship Praipus posted this on his great WAM thread yesterday:==================== Nicholas John Greenwood post_7 collects 5% of H2O ==================== NG is an impressive private investor who some will recognise from the glorious SPLITs days of 2002-5. His more recent play has been the building of a 7% stake in Private Equity play PEQ, where his quite recent £2.8m investment is now valued @ c£3.6m. The above addition to his H2O stake takes him to 4.66m (6.4%) ; so should one be following in his footsteps? Well, H2O appears to be a beneath-the-radar PE opportunity standing at a very steep 63% NAV discount. Of particular interest from this week's IMS is this extract from the Chairman's statement: "Ordinary Share price: The Company's stock price continues to trade at a substantial discount to the NAV and the Directors are conscious of this fact. The Directors review the relative and absolute performance of the share price regularly and consider measures to improve the liquidity of the Ordinary Shares and narrow the discount and will continue to do so in the future. Shareholders will recall that, at the interim stage, I had said that the Board was very aware that the prevailing discount in the share price to the Company's Net Asset Value was a source of continuing concern to shareholders and that we were, as a Board, seeking alternatives which could include, inter alia, "some form of corporate action such as a possible merger or consolidation with other assets or similar funds and/or an examination of the merits of the Company maintaining its public listing." The Board has explored these alternatives and has been in active discussions with the core shareholders but unfortunately, in spite of our efforts and those of our advisers, no credible alternative has emerged as yet. Our efforts on this front will continue as the Board believes that some form of corporate action is the most appropriate future course for the Company and its shareholders to adopt. However, as I said in my previous statement, an acceptable solution will take time. I do assure shareholders, on behalf of the Board, that our efforts on this front will continue apace and further announcements will be made as soon as we have something material to report." Another recent RNS was for the appt of Fergus Dunlop as a non-exec. Personally, having viewed his career profile, I find this a wholly positive appt for the prospects of H2O, in particular the likelihood of a successful corporate outcome. Perhaps an interesting one to put away in your bottom drawer! I bought a small initial stake @ 35c. The quote is in Euros - Current share price = 33c-35c |
Posted at 23/7/2010 18:45 by m.t.glass Aye, far too little interest in what will be a major focus of investor interest in years to come. |
Posted at 26/11/2008 23:34 by m.t.glass This link (posted elsewhere by timberwolf) is to an Investors Chronicle article on investing in water, dated 17 Nov 2008 |
Posted at 11/9/2008 09:46 by serotine Modern Water (MWG) Tipped in today's IndependentModern Water Our view: Buy Share price: 89.5p (unchanged) Arguing that investors should buy a stock in these iffy markets is hard enough, but when the company in question has not yet made a penny of revenues, the task is even tougher. However, punters should buy Modern Water. The company is a water technology outfit, whose main business is running desalination plants using what they call manipulated osmosis technology: a method of osmosis that, they claim, is cheap and more efficient than normal desalination techniques. The group issued its fairly inconsequential interims yesterday, but, more importantly, next week it will announce that its first plant in Gibraltar will be up and running, with clients in place. Following hot on the heels of that news will be the announcement of further deals, particularly in the Middle East. Modern Water has no debt and £28.7m on its balance sheet. The company says that global spending on securing water sources in the next 10 years will reach $57bn (£32.4bn), and, while the group is very small fry indeed, next week's news should prove a boost to the share price, which has tailed off from year highs of 112.5p. There is no getting away from the fact that Modern Water is a speculative punt and investors certainly should not bet their mortgage on the company, but, with the group set to start making money, now would be a good time to get in. Buy. |
Posted at 29/8/2008 11:44 by m.t.glass ...For socially responsible and green investors, investing in water can support a double bottom line of earning returns while supporting the environment and communities. A number of indices, accompanying ETFs, and mutual funds follow global water companies. These include the Claymore S&P Global Water Index ETF, Dow Jones US Water Index, ISE-B&S Water Index, Janney Global Water Index, New Kinetics Water Infrastructure Fund, Praetor Global Water Fund, Powershares Water Resources ETF, Palisades Water Index, and S&P Water Index. "Water is the ultimate 'green' investment," said William S. Brennan, president and managing partner for Aqua Terra Asset Management and Portfolio Manager of the Kinetics Water Infrastructure Fund. "As the most essential life-sustaining substance and the most critical input to economies around the globe, water is the only commodity that has absolutely no substitute at any price." Aqua Terra Asset Management is a registered investment adviser that specialises in investing in global securities of water and water-related businesses. Established in 2006, the firm has a deep domain expertise in the global water industry and focuses on capital appreciation while employing an emphasis on preservation and risk management to limit portfolio exposure to market downturns and volatility.... ...The Claymore S&P Global Water Index ETF has a global investment theme, giving investors access to 65 different stocks in pure play water companies across 10 countries. The ETF reflects the index's diversification between companies that focus on the material side of water production and companies that focus on the utilities and infrastructure side. Top fund holdings as of the end of August 2008 in the Claymore S&P Global Water Index ETF include Veolia Environnement (7.59 per cent), ITT Industries inc (6.67 per cent), Geberit (6.53 per cent), Danaher Corp. (6.38 per cent), Kurita Water Industries (6.08 per cent), Nalco Holding (5.49 per cent), United Utilities Group (5.31 per cent), and Itron (4.68 per cent). While new technologies around water are being actively explored, Brennan cautions that more than a good idea is needed for investors to make money. " While focusing on technologies, one must consider management's ability to commercialise it, open doors to customers, and the right strategies to convince the end user to adopt and scale a new technology. This requires a very specific, experienced management team." Aqua Terra's team is looking at desalination, smart meters, nanotechnology, improved membranes and filters, and pipe rehabilitation in the form of " trenchless" replacement and "gray" pipes as new areas of growth in water technologies... |
Posted at 30/7/2008 12:54 by celeritas Blooming Deserts Turn Israeli Water Industry Into Money Magnet By Tal Barak July 30 (Bloomberg) -- At the end of a road winding through Israel's Negev desert, the entrance to Kibbutz Hatzerim is flanked by jojoba shrubs jutting from the arid earth. The grove is the result of drip irrigation developed by Israeli engineer Simcha Blass in the 1960s that enabled the kibbutzniks to farm the desert. The company they started, Netafim Ltd., has sold the product in 110 countries from Germany to Peru. ``The founders were living in the middle of the desert and saw one agricultural failure after the other,'' Naty Barak, 64, a director at Netafim, said at the kibbutz visitors center. ``Back then it was their problem, but now it's a global necessity.'' Today, some 300 Israeli companies make equipment to deliver water or purify it with lasers or diffusion, putting them in a position to profit as climate change, population growth and food shortages strain supplies. With agriculture accounting for about two-thirds of global water use, the Israeli government predicts overseas sales of the technology will top $10 billion by 2017. As a result, the businesses are attracting investors. Amiad Filtration Systems Ltd., which will help manage sewage treatment at the Beijing Olympics, is up 49 percent in the past year in London, giving it a market value of about $75 million. Deere & Co., the world's largest maker of tractors and combines, on June 5 agreed to buy Israel's Plastro Irrigation Systems Ltd., Netafim's main competitor in agricultural irrigation, for an undisclosed sum. `Track Record' More than 1.1 billion people, mostly in Africa and Asia, don't have clean drinking water, according to the World Health Organization. Global food prices, meanwhile, surged 57 percent in March from a year earlier, United Nations data show. ``There is a growing lack of water in the world, and people are realizing now that it's an issue that's gaining momentum,'' said Nir Belzer, managing partner of Tel Aviv-based Gaon Agro Industries Ltd.'s $65 million clean-technology fund. ``In Israel, there's already a track record for water companies.'' Belzer's fund invested in closely held Desalitech Ltd., a Tel Aviv-based company that invented a way to take salt out of water using 20 percent less energy than standard reverse osmosis. Amiad, founded 45 years ago on a kibbutz, developed what it calls ``suction scanning,'' a new way of filtering pollutants from water. It has a contract to remove iron from drinking water in Ramenskoye, a town near Moscow. Atlantium Technologies Ltd. uses ultraviolet light to zap deadly organisms, a method employed by Coca-Cola Co. `Conservative Market' Two-thirds of Israel is desert. In the Arava region, south of Hatzerim, the average annual rainfall is less than 50 millimeters (2 inches). Wastewater there is cleaned for drip irrigation to grow fruit and vegetables, 80 percent of which are exported to Europe, Barak said. Israel's Water Authority started a countrywide campaign in July to conserve resources as the Sea of Galilee, the main source of drinking water, dries up. Israeli companies still face challenges finding investors and developing sales. While demand for water is high, few customers are willing to commit to new products, said Oded Distel, director at the Ministry of Industry, Trade & Labor. ``Israeli water-technology companies are dealing with a very conservative market that isn't always tempted to try the most innovative solutions,'' Distel said. ``Municipalities around the world are hesitant to try a new technology.'' With Netafim's system, farmers bury pipelines underground, allowing them to drip water and fertilizers directly onto the roots of their crops through devices that control the pressure and quality of the liquid. Going Global The company expects to double sales within a few years, according to Chief Executive Officer Ofer Bloch. Sales increased 25 percent to $500 million in 2007. ``An amazing agronomic knowledge has developed in Israel in the past 40 years, which we are now selling to the world,'' Bloch, 48, said at his Tel Aviv office. One Netafim customer, Sociedad Agricola Drokasa SA in Peru, uses 10,000 miles of drip irrigation hoses. The company, known as Agrokasa, picked Netafim 12 years ago when starting production of avocados, asparagus and grapes. ``We contacted Netafim because we weren't just looking for hose, plastic or dripper suppliers, we were looking for a partner in technology,'' Jose Chlimper, Agrokasa's chief, said by telephone from the company's base in Lima. The global water industry, which includes waste treatment, valves, pumps, filtration and desalination equipment, is worth about $400 billion, according to Francesca McCann, an analyst at Stanford Group Co., a Washington-based research company. ``There was little incentive to conserve water, but now with rising commodity prices and the climate change, that will boost demand for more efficient technologies,'' McCann said. The market will reach $537 billion by 2010, according to Israel's Ministry of Industry, Trade & Labor. At Kibbutz Hatzerim, surrounded by grass and trees, Barak displayed the first adapted hose used on the site. ``About 60 years ago, there was nothing here, only a dry wasteland,'' said Barak, a kibbutznik for four decades. ``This was the start of the development of a serious industry.'' To contact the reporter on this story: Tal Barak in Tel Aviv at tbarak@bloomberg.net |
Posted at 24/6/2008 16:43 by praipus "water-related businesses" one of the most significant costs a water company has is electricity. To pump water too and frow and filter and test etc etc.So its quite logical for many of the utility funds to include both and thus investors too. |
Posted at 16/6/2008 16:03 by spob From The Sunday TimesJune 8, 2008Water is the new oil The next hot commodity may well be water, but the real problem is finding suitable companies to invest in Not a drop to drink? Kathryn Cooper YOU'RE reluctant to buy oil since it doubled over the past year and you fear you've missed the boat with agricultural commodities after their 38% gain, especially now that governments are talking about cracking down on biofuels. So what will be the next hot commodity? Goldman Sachs, the investment bank that coined the term Bric (Brazil, Russia, India and China) and was talking about $100 oil when everyone else was stuck at $40, thinks it has found the answer: water. It has called the commodity the "petroleum for the next century" and says it has been grossly undervalued for years. The story behind it is the same for every other commodity: demand is soaring while supply is tight. In the United States, water demand has tripled in the past 30 years, while the population has grown just 50%. Globally, water consumption is doubling every 20 years, more than twice population growth. Expert View The "petroleum for the next century" has been grossly undervalued for years: demand is soaring while supply is tight Kathryn Cooper More Post a comment Related Links Are mid caps good value? Six unloved stocks that contrarians would buy now Factor in the explosive growth in China, which has 21% of the world's population, but only 7% of its water supply, and you have a problem. As the Chinese get richer and eat more meat, the problem is going to get worse: it takes 15 cubic metres of water to produce 1kg of beef, compared with just 1.5 cubic metres for corn. Given current trends, it is estimated that by 2025 about a third of the world will not have access to adequate drinking water. On the flip side, supply is fixed. Only 2.5% of all water is fit for human consumption and around two-thirds of that is locked away in icecaps and glaciers. That percentage is not about to change. Even if there were enough to go round, piping it to those who need it is getting harder. America desperately needs to upgrade its water infrastructure, a job that will cost between $300 billion (£153 billion) and $1 trillion (two-thirds of which is for distribution pipes and pumps). An estimated 60% of America's water main pipes will be classified as substandard by 2020. And the water supplied is deteriorating. American companies test for nearly 100 known contaminants, and a disturbing number of new compounds are being found - a glass of water could contain aspirin, caffeine, and even animal growth hormones from farm-water run-off. One solution to the global problem is desalination, which is already popular in the Middle East. It is an expensive solution - 100m gallons of seawater produce just 50m gallons of desalinated water - though costs have fallen three to four times in the past 30 years. The problem for investors is that the world leader in water and desalination, American giant GE, gets only 2% of its revenues from this area, so it hardly offers pure exposure. Goldman tips smaller companies such as filtration specialists Clarcor and Pentair. They should benefit from the recent backlash against bottled water and are likely takeover targets as the $425 billion industry consolidates. Both are listed on the New York Stock Exchange, but with many brokers charging as little to trade American shares as British ones, they are certainly worth a look. If you'd prefer a fund, iShares, the exchange-traded fund arm of Barclays, recently launched the first water ETF in Europe - the iShares S&P Global Water fund. More established ETFs listed in New York include the Power-Shares Water Resources Portfolio tracking the Palisade Water index, up nearly 7% over the past year, compared with a drop of 10% in the FTSE 100. Alternatively, the First Trust ISE Water index fund is up 14.5%. The problem with these index trackers is that they give access to the big listed water companies rather than the smaller ones where the action is. For something more racy, try the offshore Pictet Water fund - although this has barely bucked the down-turn with a fall of 11%, against 17% for the MSCI World index. Alternatively, private bank Wil-liams de Broë will this autumn launch an exchange-traded fund that will track six offshore water funds, because there is nothing in the UK for its clients. To me, this dearth of funds suggests a genuine investment opportunity. |
Posted at 07/3/2008 20:55 by m.t.glass The world's biggest water firm, french company Veolia, has announced a 22% rise in annual profits. Which wasn't enough to impress analysts who had expected more. Like most water companies, thety are not a pure play on water.Forbes.com 7 Mar 2008 LONDON - Shares in France's Veolia Environnement, the world's largest water utility, fell to their lowest level in over a year on Friday as investors cashed in on a disappointing set of annual results. Shares in Veolia Environnement (nyse: VE - news - people ) fell 9.9%, or 5.46 euros ($8.38), to 49.50 euros ($75.93), during morning trading in Paris on Friday. Rival Suez (nyse: SZE - news - people ) slipped 1.1%, to 40.83 euros ($62.63), in Paris. Veolia Environnement said annual net income had risen 22.3% in 2007, to 927.9 million euros ($1.4 billion), from 2006. The environmental-servic "The main issue is that they have not achieved what analysts were expecting," said Sebastian Zank, analyst with WestLB Research. He told Forbes.com that the results themselves were solid, but he believed that many analysts would be revising their estimates going forward. "The main disappointment for us was the energy division," said Citigroup analyst Peter Atherton, adding that the business missed operating profit expectations by 8%. "Although the first half of 2007 had been weak due to unfavorable weather conditions, we were expecting a stronger second half." Veolia Energy reported a 1.8% increase in operating income for the year at constant currencies, to 388.2 million euros ($595.0 million), by far the weakest growth of all of Veolia's divisions. "Operating income was impacted by the mild weather in the first months of the year in Europe," said Veolia, "as well as by the smaller contribution from sales of excess carbon-dioxide emission rights." Veolia Environnement has long been seen as a defensive environmental play, with operations in water management, waste management, energy and transport. The company's emerging-market exposure, including contracts in China, Africa and the Middle East, also suggest an ability to offset a potential decline in investment in the West. (See "Ways To Play Water") But the stock's obvious qualities have led to a high valuation premium relative to the utilities sector. WestLB Research's Zank said the premium was currently 42%, whereas a figure closer to 30% would be more sufficient. Veolia Chief Executive Henri Proglio said that the company aimed to achieve growth of at least 10% in sales, cash flow and profits in 2008, "despite a more challenging economic environment." But these ambitious targets may not have been enough to keep investors on board. Veolia's finance director, Jerome Contamine, said Veolia would invest at least 5 billion euros ($7.7 billion) in growth for 2008, compared with 6.9 billion euros ($10.6 billion) in 2007. He said the firm had a low exposure to the weak U.S. dollar, adding that 70% of Veolia's sales were generated in euros. (Forbes.com)(Thomson Financial contributed to this article). |
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