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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

Post by fcabreseon Feb 13, 2015 1:11pm
215 Views
Post# 23427553

Stick to Facts

Stick to FactsGeez, people...one of the reasons why I do not follow this board as much as I used to is the petty bickering and the moronic comments relating to whether or not AOS is going to be compensated for Clearwater.

One - the "rumour" of leases being given back is 100% false and the only place I've heard this "rumour" is here.  Fort Mac has every intention of expanding their boundaries because anyone who thinks that oil prices aren't going to rebound is living in a fantasy world.

Two - the government of Alberta will pay AOS every penny that AOS is entitled to because it's the law.  Governments pay their obligations, unless it's Greece...and fortunately, all governments in Canada pay their bills regardless of whether or not they have the money or not.  Alberta's surplus/deficit has zero to do with AOS getting paid.  If governments had to have surpluses to pay bills, Canada would have collapsed decades ago.  Learn some basic economics.

Now that the abandonment process is complete, it's likely AOS will have news in the not too distant future.  Stock will spike, people will take profits, stock price will likely rise even more after that happens if the BOD and management have a reasonable plan to move forward.  Personally, I hope AOS winds the company down and pays out it's assets.  In the interim, have patience, not many stocks are offering a guaranteed 50-100% return these days.
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