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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 oilwatcher13on Sep 09, 2016 11:30am
96 Views
Post# 25222028

MQL NEEDS THIS DEAL TO SURVIVE..!!!!

MQL NEEDS THIS DEAL TO SURVIVE..!!!!Think about it, MQL was going to be called on their debt, all the AOS cash is going to do is payoff a portion of their debt.... not all of it. Then they will need to borrow more to drill new locations in order to mauntain a depleting production and possibly increase it.

Bottom line is they don't make money in the current environment and the gamble is that the price of WTI increases they may start to pay off their debt.

I prefer to have my money rather than rolling the dice with MQL who drove this thing into the ground and are on life support that will end if this deal does not go through...

JMHO
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