Insight – David Lloyd Owen
- From: Vol 7, Issue 10 (October 2006)
- Category: Analysis
- Region: Europe
- Country: United Kingdom
- Related Companies: AWG, Deutsche Bank, Hastings Funds Management, Hyder, Macquarie, Northumbrian Water, Osprey, Phoenix, Royal Bank of Scotland, South East Water, Southern Water, Sutton & East Surrey Water, Terra Firma and Thames Water
When the money is hot, water boils.
Way back in 1997, when people in the world of finance understood that water is best consumed when it is 88% pure (86% pure to our younger readers), a fellow equity analyst yelped at me during a dinner that as far as water companies in Britain went, “the customers don’t matter, the environment doesn’t matter, the only thing ...
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