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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 fcabreseon May 12, 2011 7:57am
174 Views
Post# 18564363

RE: The lights are stiil on

RE: The lights are stiil onWell, this is exactly the type of update that I was whining about earlier in the year that we were missing.

As a shareholder, it makes me happy to know that someone at AOS is doing something and while I don't want press releases to be issued for the sake of issuing a release, this was a nice, concise update on what they've been up.

A few things I noted - seemed like they've been nothing out of the ordinary, continuing to prepare for further development.  Second, like Sven mentioned and wdr2 referred to earlier, they're ordering equipment.   If they weren't very confident in getting approval for the pilot, I wouldn't have expected that.  And lastly, the status update on the pilot app was nice, considering they've re-iterated that everything seems to be following normal timeframes and protocol.

AOS has not buried themselves in debt to get to this point nor does it appear that they are proceeding recklessly.  Based on discussions here and in general, I'm not the happiest with management, but I don't feel that my investment is or has been at risk.  This company is ONE news release away from a big surge in sp.  The recent drop is inexplicable, but my feeling is that a large shareholder may be slowing moving out....but given the low trading volumes, it could be traders making some quick bucks off the penny or two differences in price.

Regardless of what is happening, I expect to see my investment in AOS pay off big-time....I just have no idea when and admit that I'm frustrated waiting, just like most of you.  I don't see this company going under, and I think the worst thing that could happen would be a buyout under fair market value.  That would suck, but we would still draw a heck of a better price than 30c share.  I'm with wdr2 - gimme a couple of good updates (pilot approval and financing) and we hit $1 or better.
Bullboard Posts