Make your money go further for just 25p per day

AIM IHT

Bonkers Valuation: Water Intelligence still hard to fathom

03/10/2019 · Water Intelligence (WATR) 

AIM Inheritance Tax

Leak detection system in practice

Chris Boxall of AIM investment specialist Fundamental Asset is highly sceptical of the valuation of this inherently low growth and aged US based business


A well established US leak detection business is the main operating subsidiary of AIM-traded group Water Intelligence (LON: WATR). Until recently American Leak Detection, which was established in the 1970s, was being run as it always has done, as a simple, cash generative, franchise business, requiring little capital and generating reasonable margins. However, management at its parent company Water Intelligence recently decided to  acquire franchise territories from franchise holders, making it very hard to determine the real organic growth of the business. .

The…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login

Fundamental Asset Management
Buy any of our portfolios with our associates.
 

FIND OUT MORE

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world

REGISTER FREE

Become a Champion Investor for just £90 a year.
 
 

START FREE TRIAL

More on Water Intelligence

Coronavirus impact: 17 June - Best of the Best receives takeover interest

17/06/2020 · Company Insights

Best of the Best announces a preliminary approach and boohoo continues to grow strongly over lockdown -…


Bonkers valuations continue to puzzle this investment manager

28/10/2019 · Company Insights

Chris Boxall of AIM specialist Fundamental Asset Management remains perplexed why investors continue to assign such high…


More Company Insights