I would put $KRN on my watch.
The largest water bottler in the USA, which is unfortunately not listed on the stock exchange, is a customer there and generates good sales.
I take a rather critical view of water suppliers; should a law be passed to improve water quality, some will be left out in the cold.
Anyone who has ever showered in a hotel in the USA without a water filter will know the smell of chlorine 😅
The largest water bottler in the USA, which is unfortunately not listed on the stock exchange, is a customer there and generates good sales.
I take a rather critical view of water suppliers; should a law be passed to improve water quality, some will be left out in the cold.
Anyone who has ever showered in a hotel in the USA without a water filter will know the smell of chlorine 😅
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7Lun
@Der_Dividenden_Monteur exciting, thanks for sharing your thoughts.
I hadn't had the share so much on my radar in the water business. However, it was ruled out for me due to its location in Germany - I try to avoid it wherever possible (anti-home bias).
I also see legal regulation as the biggest risk. But more in the direction of greater intervention in pricing when water becomes (more) scarce. However, I don't see that happening until well into the future. Intervention in the market is also less common in the USA.
With regard to the problem you described, there is already a solution in the form of filters. I can't imagine why there should be stricter regulation here - especially as everyone there should have become accustomed to chlorinated water.
I hadn't had the share so much on my radar in the water business. However, it was ruled out for me due to its location in Germany - I try to avoid it wherever possible (anti-home bias).
I also see legal regulation as the biggest risk. But more in the direction of greater intervention in pricing when water becomes (more) scarce. However, I don't see that happening until well into the future. Intervention in the market is also less common in the USA.
With regard to the problem you described, there is already a solution in the form of filters. I can't imagine why there should be stricter regulation here - especially as everyone there should have become accustomed to chlorinated water.
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@Money-Man I can't subscribe to the point about legal regulations,
They are something like ASML😅 in their industry
When I left there last year, there was an internal statement that every second bottle worldwide now goes through a Krones machine
They are something like ASML😅 in their industry
When I left there last year, there was an internal statement that every second bottle worldwide now goes through a Krones machine
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•7Lun
@Der_Dividenden_Monteur sorry - my paragraph on regulations referred to $AWK again.
$KRN I'll take a closer look at it again. You wrote that you would put it on your watchlist. Do you think it is currently too expensive? Do you have a price target for it?
VG
$KRN I'll take a closer look at it again. You wrote that you would put it on your watchlist. Do you think it is currently too expensive? Do you have a price target for it?
VG
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7Lun
@Der_Dividenden_Monteur
Basically, I have to say that I am fundamentally in favor of state regulation and water supply in public hands.
Critical infrastructure simply does not belong in private hands.
I come from the water supply business.
It simply has too many disadvantages.
The infrastructure is dragged down and the maximum profit is made.
In Germany, I have already seen how privatization was carried out and nothing was ever done to the pipes and only money was siphoned off.
Burst pipes etc. Increased.
Until the decision was made to remunicipalize. These are very expensive undertakings to remunicipalize. But it was worth it.
Rather rely on technology and suppliers for water supply and disposal.
See Xylem $XYL, Ecolab $ECL, or Advanced Drainage Systems (ADS)
Basically, I have to say that I am fundamentally in favor of state regulation and water supply in public hands.
Critical infrastructure simply does not belong in private hands.
I come from the water supply business.
It simply has too many disadvantages.
The infrastructure is dragged down and the maximum profit is made.
In Germany, I have already seen how privatization was carried out and nothing was ever done to the pipes and only money was siphoned off.
Burst pipes etc. Increased.
Until the decision was made to remunicipalize. These are very expensive undertakings to remunicipalize. But it was worth it.
Rather rely on technology and suppliers for water supply and disposal.
See Xylem $XYL, Ecolab $ECL, or Advanced Drainage Systems (ADS)
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