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Water

Originally posted in thread: 587

I first got into water stocks with SWWC(Southwest Water) back in 2002. Made good money on it but don't currently own it directly. It may be part of PHO.

Before PHO, I got into ITT, CLBH and WTS in terms of direct ownership.

My ITT is up 88%, my CLHB up 485% and WTS, which I've added to in 02/04, 02/05 and 02/07 is up 25.33%. My last buy of WTS brought my yields down.

I bought into PHO on 12/13/2005 and in 18 months it is up 33.45%.

I also directly own Layne(LYN) which is part of PHO. I bought into it on 7/20/06 and it is up 39.54%.

Many of these water stocks are, in my opinion, yet sleepers, in that the market pundits haven't really started hyping them.

Basin Water looks to me like it could be another Clean Harbors(CLHB). I think I would consider investing in this now.

This is just my opinion.

Originally posted in thread: 587

Thanks for the other names London, I believe the correct ticker for Layne is (LAYN).

Thanks again
fredP

Originally posted in thread: 587

HAL(ticker symbol) has the capabilities of doing a lot of water desalination projects in the Mideast.

As the Saudis pump oil from the ground the areas pumped out get filled with sea water, which isn't good for growing crops....therefore water desalination...therefore trusted Bush companies...therefore HAL.

HAL did a lot of water work for Lybia many years ago.

A sleeper, again, but worth looking into.

Originally posted in thread: 587

LondonRoad, I also own HAL and feel it is a sleeper. I also own GE, which builds the desalination equipment.

Originally posted in thread: 587

After hearing/reading all sorts of discussions - by both professionals and amateurs - of the investment ramifications of the global water supply, I still don't see how the global water balance can be used as part of a bullish thesis for domestic water utilities.

Domestic water utes are, generally, peculiar companies in a rather peculiar industry. I am not saying you can't make money on the stocks, but the global water balance shouldn't be part of the considerations.

Companies like Layne, which offer specific services in a fragmented industry (local and national) can offer some opportunities.

But the pump and valve companies are industrial commodities, and I have never liked how PHO combines them with the utes and other water-related (sometimes loosely) companies.

The best way, in my opinion, to explicitly invest in the global water industry is via the big foreign water utes. They do water a lot differently overseas and have a very different business model. The companies that going to actually design, build, and operate any solutions to the global water issues will largely come from this cohort.

Specific names include Veolia (VE), Suez (SZE), and Companhia de Saneamento...(SBS).

Claymore has an ETF that is more heavily weighted to these utilities. Here is an article on the product.

TJ

Originally posted in thread: 587

When did Claymore's Water ETF emerge?

Call me lazy.

Originally posted in thread: 587

Ok, I looked.

So, I am supposed to wait until 2007 for Claymore to come out with a Water ETF when I was getting into water stocks in 2002. The stocks I directly own are included in Claymore's ETF except Clean Harbors.

I don't like to think about the gains I would have lost out on if I had waited.

Originally posted in thread: 587