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6 pts

Opinion on  General Electric Company (GE)     Sector: Conglomerates  >  Industry: Conglomerates
top tier of desalination suppliers

May 20, 2008 07:15 PM UTC
Astukphoto
Return Risk
-3.19% LOW
Sr. Associate
This pick is about:   GE
Rating:   Positive   $31.79 (05/20/08)
Gain/Loss:   -15.35% in 47 days
Allocation:   1.4% of portfolio

Recent News   Product Review  
Already, 2.8 billion people — or 44% of the world’s population — live in areas of high water stress,
according to a March report by the Organization for Economic
Cooperation and Development OECD). This figure is expected to rise to 3.9 billion by 2030 unless
major new water-use policies are implemented. Much of the stress will occur in India, China, and
other parts of the developing world, but water stress in the OECD will rise as well. An investment of $10 billion
annually is necessary in order to halve the number of people without adequate access to fresh water and sanitation by 2015, the OECD said.
General Electric vaulted into the top tier of desalination suppliers in 2004 when it paid $1.1 billion to
acquire Ionics, which builds desalination plants and makes filter membranes. Paris-based Veolia
Environnement is a major desalination plant builder and membrane supplier, as well as a water utility operator, getting about 34% of its revenue from water-related businesses.
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Newe14
Jeff Davis   73%     1 point   commented 45 days ago reply

Desalination, for a World Short of Water
Nearly half the world's population could soon be at risk. Many companies are poised to supply equipment for massive desalination efforts -//// If your stating your comments from a businessweek article say so! Its almost word to word!

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Armin Stuk previously rated GE
Positive -1.58% the fundamentals of our businesses are strong
04/11/2008
6