I was very pleased to receive the notice of Joe Collins recent appointment to the Board of Directors and to the position of Vice Chairman of Pentair. Having reported directly to Joe for a number of years before I retired, I can attest that Pentair made a great decision to assure continued success in the financial and business goals of the company. Joe has many good years ahead of him, which, in my book, tells me that Pentair will indeed be a good investment for its shareholders for many years ahead.
Any insight into causes for the PNR runup today? Really glad to see it and hope it lasts, but am puzzled. Is it the Powermatic aquisition ? Would of thought the market had already taken that into consideration.
as a powermatic dealer talk has raged for weeks. everyone in tennesee is hush!!! no one knows what's happening at powermatic, but the response is that its a done deal. i hope it happens for the good of powermatic! it could'nt get much worse (at the man- agement end.) great products, no marketing, no leadership. on the other hand delta has too much marketing most of the time with the left hand not knowing what the right hand is doing. that is why they keep changing colors of their machines. in all: this buy out will be great for rebuilding the professional image delta lost when they married home depot.
Isn't it interesting that, in general, on a big up market, Pentair's stock value is depressed, and vice-versa? It makes for interesting commentaries. I find that Pentair investments make for a good "balanced" portfolio (in solely equities, of course).