A O Smith Corp V.AOS

Primary Symbol: AOS

Industrials

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.

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A O Smith Corp > new to AOS

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Comment by Berzyon Sep 12, 2014 2:08pm

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Post# 22931463

RE:RE:RE:new to AOS

soulpower wrote: thank you for responding. what do you think AOS will do afterwards with the $?

Personally I think they pay off the $1 million and change they owe for Maroon Hill, put aside the $12,6 million that they have guaranteed for the Namibia work commitment, and sit on the rest until they figure our their go forward strategy.

I don't beleive a cent will go back to shareholders at this point, particularly if they are to continue the exploration in Namibia which requires $6 million be spent by January 2017, and another $120 million (USD) in the 4 years after that.

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