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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
Comment by trapezeon Jan 15, 2011 1:51pm
208 Views
Post# 17977876

RE: RE: RE: RE: RE: RE: RE: RE: RE: Shake shake sh

RE: RE: RE: RE: RE: RE: RE: RE: RE: Shake shake shLook at the AOS chart since the markets began to recover in '09. Anyone who bet on AOS during the recovery missed out on a truckload of profit, myself included. I picked the wrong horse, period, and I'm not happy.

As for the future, despite a certain individual's mindless pumps, I see little reason for this stock to do much pending:

1. regulatory approval of clearwater (Q4, 2011)

2. a good JV agreement for same, but it's not clear to me if AOS is seeking a JV partner for the pilot (possibly anytime) or for the subsequent expansion in capacity (2012)

3. a whole or partial buy-out (?)

4. new drilling results or resource estimates, etc., but going by the Q3/10 update it does not appear as though AOS is doing much in this regard. (?)

Barring a buy-out, AOS could well be dead money for another 9 months to a year. And it seems it's only rumours of a buy-out that got us to
.50 or I'd still be far in the red on this stock. I can easily see the SP back at .30 over the next couple of weeks.

AOS didn't release the '09 year end report until April/2010 (though they did announce winter 09/10 operational plans in December/2009; unfortunately no parallel announcement this year). Anyway, I'm trying to hold out for the 2010 year end report before deciding whether dump it all. But April's a long way off.

I'd love to hear anyone's rosier outlook. Oh yeah, show your work.
Bullboard Posts