We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Aqua Resources | H2O | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.325 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.325 | 0.325 |
| Top Posts |
|---|
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 11/6/2009 07:36 by m.t.glass Results today from Welsh Water Utilities (52IP) - a company with no shareholders (it pays a dividend to customers instead) |
Posted at 29/10/2008 13:54 by rivaldo I thought you chaps might be interested in this article on HYD:"October 15, 2008 Water, Water Everywhere... But Not Enough (Clean) Stuff To Drink By Sally White Even the official global water stats are terrible l.1billion lacking safe drinking water, half all hospital beds filled by people suffering from water-related disease. Given the rising incidence of water-created chaos in floods across the UK, Europe and the US due to our increasingly volatile weather, unofficial water pollution and its impact is undoubtedly much higher and more dangerous. The regulators are on to this. Tough water regulations have been coming into force in the EU and US. All of which is excellent news for a small UK company, Hydro International. The AIM-quoted £20 million cap company has a range of technologies to control water run off, treat storm water, combined sewage overflows and municipal wastewater. Relatively tiny though it is, Hydro is a world-leader in designs to bring cost-effective solutions for controlling quantity and improving quality of water. Too small to attract much attention, it has nonetheless been growing steadily. Interim figures to end-June show sales up 35 per cent from £11million to £14.9 million, bringing pre-tax profits up 27 percent from £0.8 million to £1 million and giving earnings per share of 4.93p. This has come from both organic growth and acquisition, and there will be more of the latter given Hydro's prudent nurturing of its cash flow outsourcing manufacturing. It closed the period with £3.7 million cash and equivalents. Forecasts are to sales this year to reach £32.2 million, giving earnings per share of 13.6p, up from 11.9p, and a dividend of 2.1p. For 2009 the forecast is for earnings of 16.3p and a 3.4p dividend, and these numbers for 2010 are 18p and a dividend of 3.7p. Given that UK house builders had been the biggest single source of Hydro's business (15 per cent of sales) and the US economy was slowing rapidly, past progress and future expectations show the widening interest in its products. Sales are now also being made into Asia, with a new distribution agreement signed in Malaysia as well as another EU one in Belgium. While chief executive Stephen Hides calls the current business environment (with some understatement) "challenging", he expects further progress to be made on growing Hydro. The marketing effort and acquisition targeting are designed to spread the net wider yet. Hydro is in the market for complementary technology to add to its circa 20 products, as well as for good customer lists. A few months ago Hydro bought major US competitor, Oregon-based Eutek, in a £7 million deal. On the same day it was able to announce a £1.6 million contract for its Hydro-Brake flow control devices as part of a flood-prevention scheme in Glasgow. Eutek is important as it has patented equipment to remove fine grit, sugar sands, abrasives and solids from wastewater. Since this is the stuff that clogs up membrane filters, pumps and pipes, Eutek technology is invaluable. This adds a new dimension to the Hydro product list, built up since it was founded in 1980. Originally this was based around vortex technology, although in recent years it has added water storage, filtration and drainage devises. Manufacturing is done by third-party engineering and fabrication companies based in Europe and North America, and sold through a wide network of independent distributors. On its side is the urgent need of both UK and US governments to alleviate flood damage. The EU has its Water Framework Directive, with strict targets to be met by 2015. House broker KBC Peel Hunt anticipates that "this should boost Hydro's sales of storm water treatment products from 2009". Added impetus will be coming from the US Clean Water Act and other directives which force companies there to remove contaminants from storm water, and take steps to prevent sewers overflowing in storms. The US target dates are 2011 and 2012 and it is only just beginning to insist on measures that are standard in Europe, such as separation of sewage from storm water systems. As a result the aftermath of US flooding is particularly unpleasant, and positively dangerous. Hydro has products that tackle all of these issues, plus products for use in flood prevention programmes. KBC Peel Hunt says "...these drivers should continue to benefit Hydro for many years to come." Thus, while the state of the UK and US housing markets, and a lag between the current and next EU directive, are likely to hold back Hydro's growth in the coming year, the medium term prospect looks very attractive. Profit breakdown is currently 61/39 per cent storm water/waste water management. Big buyers of the products are infrastructure builders, so Hydro will be gaining from the construction of new roads, rail and hospitals. For the UK, says KBC Peel Hunt, the likely drop in housing-related orders should be more than offset by work by water companies, on infrastructure and on "accelerated investment in flood control in the wake of 2007's disastrous floods." Much of the UK's water system dates back into Victorian times, and would need upgrading even without the escalating demands of weather and regulation! US sales growth will be driven by tighter pollution control and the 10 per cent per annum rise in the grit removal market. Hydro is also encouraging US pipe and pre-cast concrete manufacturers to incorporate Hydro's devices within their products. The US is spending US$5 billion a year on improving its antique water systems. Outside these core markets Hydro is licensing products to companies in Australia, South Korea and New Zealand. And to help it in the more distant Asia-Pacific markets it is seeking local manufacturers. The shares are quite a long way down from their peak hardly surprising given its size and the state of the market. Even in the last year it has been up to 180p and the peak was around 240p, while it currently trades at around 130p. Since it has few competitors the chances of profile-raising orders to help both sales and shares look good." |
Posted at 28/7/2008 23:10 by stegrego A new fund has launched with the ticker H2O - Aqua ResourcesDoesnt seem to have attracted much, if any attention so far Launched on 24/7 |
Posted at 23/5/2008 12:36 by traderabc I'm intrested in this company,does anyone here know who they may be? Any helpfull comments appreciated. Looking at the charts here sjw or pico look like possibilities,either of those two traded in Singapore?Commodity investor Jim Rogers has said that on his trips around the world he has seen numerous cities and communities that were abandoned anciently. He said they collapsed because they did not have the one commodity necessary to maintain stability: Water. While raw materials rise and fall along with supply and demand and in many instances can be substituted, clean water is unique and will always be in demand. Our first pick is a water treatment company headquartered in Singapore with sales worldwide. Currently, they earn 80% of their revenue from work in polluted, mainland China, cleaning both municipal and industrial waste water. The municipal and industrial segments produce equal amounts of revenue for the company. The company also builds desalination plants and runs them. This work is sought after in desert regions like the Middle East and North Africa. They also do business in India and Indonesia. Recently the company won a contract to build the world's largest desalinization plant. The project will be in North Africa. The company will complete the plant in three years and has the contract to run it for 25 years thereafter. This order pushed the company's order book to over $1 billion dollars or to about 5 years worth of business. Without anymore orders, they will be busy for many years to come. US$1.3 billion in market cap, dividend paid is twice what it was in 2003, but yield is slight at 0.5%. Since 2005, the high, and life-time high, was S$4.88 in July of 2005 and low was S$2.06 in August of 2006. Today the stock trades near S$3.70 or ~US$2.70. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
