David Baskin
Groupe Laperierre & Verreault Inc. (A)
GLV.A-T
BUY
Feb 13, 2007
Water treatment. Part of the infrastructure theme. As people become more concerned about the environment companies like this are doing very well. Market was somewhat disappointed in earnings. An acquisitive company.
In the water treatment business. Approaching $1 billion in sales. Environmental issues in all areas have increased and need for water treatment. Well run. Under followed.
(A Top Pick July 27/06. Up 72%.) Water treatment solutions for industry and municipalities. The reason for the move up was the larger part of the company is being taken over at a substantial premium.
A closed end fund that pays out big distributions. Have a water treatment division for commercial and industrial. Also have recovery pulp/paper industrial machinery sector.