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American States Water Company Message Board

jackbenimble10 3 posts  |  Last Activity: Jun 27, 2014 2:51 PM Member since: Sep 14, 2012
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  • Reply to

    One day

    by dconner_32 May 4, 2014 2:44 PM
    jackbenimble10 jackbenimble10 Jun 27, 2014 2:51 PM Flag

    In most cases private water utilities own the rights to the water but do not actually own the water.

  • Reply to

    One day

    by dconner_32 May 4, 2014 2:44 PM
    jackbenimble10 jackbenimble10 Jun 27, 2014 2:48 PM Flag

    Nikita, One has to realize this is one of the oldest water co's in the US and the biggest.
    I see it growing with more acquisitions but I also wouldnt be surprised if they sold California Am Water either. Monterey district is a continual headache because of environmental issues and the drought. In this day and age of 0 % interest rates its hard to find a return with less risks which make water stocks ideal.

  • Reply to

    One day

    by dconner_32 May 4, 2014 2:44 PM
    jackbenimble10 jackbenimble10 May 23, 2014 1:31 PM Flag

    I totally agree with you dconner. The beauty of this stock is that you dont have to worry about. I worked for AWK for 34 years and still own all my shares after my buy in at 21.50 on the IPO

    Sentiment: Hold

AWR
34.84-0.01(-0.03%)Nov 20 4:02 PMEST

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