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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 JimKon May 24, 2012 10:15am
166 Views
Post# 19941287

RE: RE: RE: RE: 2012 Q1 report

RE: RE: RE: RE: 2012 Q1 report

Hi Fish,

Understood. However, I still disagree with your take on the company. You seem to blame them for all the delays whereas I see the Province as the culprit with the LARP programme. By changing the rules mid-stream they have prevented AOS from developing the leases that they purchased in good faith. If AOS is denied approval then compensation similar to the earlier 'Oil before Gas' situation would have to be made. Drilling Grand Rapids et alia is prudent and good use of the company's resources. The early selling of AOI shares just before the run up was unfortunate but how could anyone know they would increase so dramatically?

I, too, am disappointed at the way things have turned out but do not think that it is fair to dump all responsibility on AOS.

I guess we agree to disagree but I wish you and others here good luck. Fall and a public hearing will be here before we know it.

Regards,

Jim

Bullboard Posts