OTCQX:HEOFF - Post by User
Comment by
Possibleidiot01on Aug 07, 2023 12:24pm
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Post# 35576235
RE:RE:Xylem revenues
RE:RE:Xylem revenuesIf I was in your shoes after waiting many , many years and not making much money , I might feel the same way which is frustrated.
I don't feel the same way as you. The company in my opinion doesn't have to directly compete with the more important companies like Xylem, Suez etc . The mega caps are going to focus on the largest projects with the best returns ; it used to be said 90% of your profits come from 10% of your customers. Lots of business to go around.
When I started investing in water companies it was in companies like Zenon Environmental , Trojan Technologies and Osmonics ( all since purchased by GE, Danaher and GE).......... I'm up more here ( 200%) than I made in all the other companies and I see a better future outcome from HEO as their revenues are not solely dependent on one time capital equipment purchases.
I'm not expecting miracles here but I can't think of a better placed public water company ( if you have a candidate , please post it) .
JMO