Michael Smedley
WFI Industries
WFI-T
TOP PICK
May 10, 2006
Geothermal heating and cooling by laying pipes underground for houses. Downside is the initial expense of $5,000 to $10,000 but the savings are large. A very small cap so tread carefully. Just about the only totally genuine anti-energy company. People for earnings and revenue progress.
WFI Industries is involved with geothermal heating and cooling for residential and commercial application. It is managed well and has a 30% ROE. It is a good long term investment.
Geothermal heating for homes. There is a high installation cost but is virtually cost free to run. Revenues have been rising significantly, but got hit by a US housing scare. Probably a takeout candidate.
Geothermal play. Was very attractive when gas prices were $12-$13. The shine came off when gas prices dropped. Thinks gas will go significantly higher so geothermal is the way to go. Very attractive dividend.
Water out of the ground to heat furnaces in the winter and cool in the summer. Very interesting product. Will probably mark time at the moment. In the bottom 2/3rds of his database.