JAKS Resources Bhd
14 articles about "JAKS Resources Bhd"
A mixed bag of second-quarter results had analysts scrambling to update their forecasting models for a number of mid-cap water stocks. Impressive gains at Sabesp and American Water drove the GWI Americas Index to a new high.
Veolia and Suez Environnement were among the top performers on the GWI Global Water Index this month. With no US sell-side analysts now covering Veolia, how long before its ADRs are delisted?
Asia’s listed water stocks failed to benefit from investor interest in emerging markets last year. The GWI Asia Index ended the year down 23%.
A strong performance by Asian water stocks this month helped to wipe out last month’s losses. With more and more companies being taken private, investors are being forced to re-allocate resources elsewhere.
Asian stocks were the biggest fallers in the GWI Global Water Index this month, as export fears began to hit home. The debut of Xylem provided a bright spot, with more water pure-plays expected to float in the New Year.
An essentially flat month for water stocks belied the wider contagion in the markets. Meanwhile, renewed hopes of a new M&A wave in the UK regulated water sector were short-lived.
The Asian segment of the GWI Water Index flatlined throughout 2010. What is the prognosis for 2011?
Consolidated Water and Energy Recovery Inc. were the worst performers in the GWI Global Water Index this month. It does not bode well for IDE Technologies’ planned IPO.
Steady rises in all segments of the GWI water index this month have taken the benchmark to its highest level since August 2008. IPO activity in Asia bodes well for the sector’s perception amongst regional equity investors.
The resurgence in Asian listed water stocks last year was supported by renewed access to capital. The new environment could encourage more companies to recycle capital by spinning out business trusts.