STOCKS AND WRONG ’UNS
- From: Vol 10, Issue 5 (May 2009)
- Category: Need to know
- Region: Unspecified
- Country: Canada, Norway and United States
- Related Companies: California Water Service, Christ Water Technology, Degrémont (Suez), Janney Montgomery Scott, Otto Spork, Sextant Capital and Southwest Water
* Investors were impressed by the Veolia figures, with the shares rising by 30% in the month to 10th May (see GWI Water Index p10).
Suez Environnement’s gains were more modest. The real star of the European stock market turned out to be Christ Water Technology, which delivered a 172% trough-to-peak gain during the month. With the 2008 annual report now out, it is possible to make an assessment of just how bad things have been at the Swiss industrial water equipment supplier (see ...
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