Media update, page-1473

Having enough water to drink is a human right and the public is unwilling to pay much for something that falls from the sky. Hence, governments often set artificially low water rates, making it harder to recoup investment.

Thanks Dungiven.

I suppose it's why investing in municipal water companies is not considered an attractive investment. As a result, instos have largely avoided investing in this sector. Water rates need to rise, no question about that. But governments know that it's politically unpopular.

Performing companies like Xylem have done well because they are selling products, not actual engaging in BOT arrangements. Companies which are in BOT have floundered. I am hoping products in MABR, SUBRE, Niroboxes will be out-performing the other segments within FLC, thereby pulling up the BOT component and FLC as a whole. Regards.