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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (29703)12/19/2008 11:01:14 AM
From: E_K_S  Read Replies (1) | Respond to of 78686
 
Water Stocks - CALIFORNIA WATER SVC (NYSE: CWT) continues to hit new highs while other water companies are at or near their lows (AWK,SWWC, HOO). Do any of these companies (or other water companies) provide a value proposition to you? Everybody needs water but many of these companies still appear to be priced at the high end.

finance.yahoo.com

S J W CP (NYSE:SJW) is one I have followed for a long time but the common dividend was never really that good. Maybe there are preferred shares in some of these companies that might provide a good yield and the safety of municipal water company.

EKS



To: Paul Senior who wrote (29703)3/4/2010 12:50:34 AM
From: E_K_S  Respond to of 78686
 
SouthWest Water going private in $427M deal (SWWC)
losangeles.bizjournals.com
From the article:"...The offer, which is for $11 a share, is a premium of 56 percent to the company’s Tuesday closing price of $7.07...."

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Been out of this one for a few years. It is interesting that it took a private investor group to recognize the full company value. I wonder if they have a buyer lined up or plan to operate it as a going concern privately. Maybe there is more consolidation in the sector from some of the other major players. It's a tough business to make much money in as many of the municipal owned companies are broke and have not maintained their infrastructure.

EKS