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Prudential Financial, Inc. Message Board

royjm1940 2 posts  |  Last Activity: May 15, 2014 3:27 AM Member since: Feb 26, 2008
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  • Reply to

    Gold Mine in the making-Potable water

    by royjm1940 May 13, 2014 8:01 PM royjm1940 May 15, 2014 3:27 AM Flag

    kyle, thank you for this information. I really want some exposure to water and I am going to look at all the companies on which you commented. Maybe I got out of CWCO too soon. At one time I thought CWCO would be a big winner for me, but I lost confidence in management and I was afraid of a government takeover.

  • Potable water is going to become very valuable. These people have the technology to make a fortune. I just read about a water shortage in California and Texas. An Israeli company just got an order for a new desalination on the West Coast. IDE Technologies is the company.

    "Since 1965, IDE has been delivering sophisticated water solutions to satisfied customers around the world, with at least 400 desalinization plants in over 40 countries across the globe", explains Henry Inzelberg, Marketing Director for IDE. "These days we are especially active in India, China, and the USA and of course, Israel".

    My understanding is that, in the last few years IDE has increased revenues by over 100 percent.

    IDE seems to be a private company, so I cannot buy stock in IDE.

    How do the IDE numbers compare with the CWCO numbers? I sold all my stock in CWCO some months ago when I decided the management team at CWCO was not doing the job I wanted.

    I still want to own a water company. Any thoughts on where I can find a company with numbers like IDE? Is there any hope for CWCO?

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