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A O Smith Corp V.AOS


Primary Symbol: AOS

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.


NYSE:AOS - Post by User

Bullboard Posts
Post by Saskatoonboyon Apr 12, 2010 2:58pm
557 Views
Post# 16982665

Athabasca Acquisitions!

Athabasca Acquisitions!
Since ATH has to try to hold onto their IPO valuation they may have to backfill their value by acquiring Oilsands assests.  This is where the Juniors come.  There are only a small handful of Juniors that have production or pilots submitted for approval from the Alberta governement.  Those companies being Connacher CLL, Southern Asian Pacific STP, Alberta Oilsands AOS and Excelsior.  Of these companies Connacher has currently 8000-10000 barrels of bitumen coming  out and is going to have their next project up and running shortly to add another 8000-10000 barrels a day to their production.  They have 600 million in debt and a refinery in the states.  STP has  currently 6000 barrels a day of production of heavy oil in Saskatchewan and their Mckay area project pilot submitted to the Alberta Goverment.  Their Mckay is not near any infrastructure and has a high cost of construction to get their project up and running.  Alberta Oilsands Inc. has also a pilot submitted to the governement of Alberta.  It is their Clearwater assest just outside Fort McMurray, near the existing airport.  They are close to all infrastructure and are looking at some the most saturated bitumen oilsands depths to come out of Alberta yet. 35-50 metres of pay.  They have no debt and about 100 million shares oustanding.  They have 10 million in the bank and access to another 10 million of credit.  Excelsior is cash strapped and does not have a pilot submitted at this time.  If ATH starts acquiring these are the companies most likely they will be looking at.  Do you own DD, but these are the companies that really stand to benefit from them needing to back fill their eroding value.  If acquiring is going to happen it will probably happen in the next 3 weeks to a month.  They can't allow their value to erode.
Bullboard Posts