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Consolidated Water Co. (CWCO) Message Board

  • royjm1940 Apr 18, 2012 2:32 PM Flag

    Being a minority stinks

    I am part of a minority of people who think CWCO is a good buy at $7.22. I bought today at that price and watched the majority of owners sell this stock in this price range.

    CWCO had prospects for growth, pays a dividend in excess of four percent, and we know water is going to become more scarce in the future.

    What am I missing? Why are the majority of owners selling CWCO?

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    • My understanding is that CWCO is operating without a license from Cayman. I believe Cayman is exploring the possibility of privatizing the entire water/sewer system. Could Cayman include the CWCO infrastructure in a deal for the whole package with say VE?

    • Just no big institutional coverage is this stocks problem.

      There is another 11 million today for the War Chest, after the denial of appeal for BVI.

      With all that cash you would think they could find a distressed water system somewhere to buy and fix up. Like they did for BVI. Maybe that's why they don't fix up another one, the BVI incident?

      The court case overhanging the stock is now over, which may make the stock more attractive.

    • i too believe in the long term future of this stock. unfortunately it can be easily manipulated with just a few hundred shares. at this moment just 36900 shares traded. thats a dollar amount less than 500 shares of apple. can be very frustrating watching this daily.

    • what you're missing is that for every owner selling, there is an owner buying whether previous owner, or new owner. Being at the control of governments isn't an ideal situation either.

    • You mention growth...Since 2006 all I've seen is lose of business w/ minimal growth (Belize).....As for Mexico and elsewhere....nothing definitive....Talk is cheap and this talk has been in the pipeline going on 2 yrs.....If the downward trend continues...I see one of the big boys buying this company on the cheap.....

      • 1 Reply to ode2birish
      • royjm1940 Apr 19, 2012 9:25 AM Flag

        ode, if you bought in 2006 or 2007, I can imagine you might not be real happy with CWCO. The five year chart looks really bad.

        I am new to CWCO. Maybe you can help me with something. You said the Mexico project has been in the pipeline for several years. How long does it take to engineer and construct a water desalination plant?

        I hope we see this stock back in the $30+ range someday. Good luck to you.

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