WTR - Aqua America

Discussion in 'Penny Stocks' started by crimsonghost747, Mar 25, 2014.

  1. crimsonghost747

    crimsonghost747 Senior Investor

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    So people, discussion about this company.
    First of all, I am a shareholder.

    It's a regulated business and they have a monopoly status in quite a large area. This makes their profits pretty much certain and quite predictable. Obviously being a regulated business it also means that we won't be seeing highly growing profits, at least not from the current areas where they are operating. That is why I enjoy this company, though it's a regulated business they manage to increase profits by acquiring other companies working in the same field.

    I see this as a very stable long term investment. Slowly increasing profits and a slowly increasing dividend, this company will never be a rocket but it will provide relatively safe and constant growth.
     
  2. bms00

    bms00 Member

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    I owned WTR for almost five years for the reasons you state. I got out because like you say, the company will never show a high growth rate. In stock that pays only 2.5%, I'd like to see more growth potential.
     

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