CXL Income Streams?, page-9

First 9 Last

Share
Profile

Follow
Popeye82

22,297 Posts.

485

02/06/20

00:13

Post #: 44972226
Share
Originally posted by mallis: ↑

from *
Our water treatment chemical supply chain will be freely flowing until it isn't
Wastewater treatment small cap Calix warns Australia needs to source its own chemicals
Tech
4 hours ago | Nick Sundich

share

Managing wastewater is dirty work but someone has to do it, and there are increasing calls for manufacturing industries, including wastewater, to be brought back home.
The closure of factories offshore and interruption of supply chains has forced several manufacturing firms, from textiles to 3D printing, to come home temporarily.
But there are calls for moves to be more permanent and Phil Hodgson, the CEO of Calix (ASX:CXL), one small cap in the wastewater management business (among other sustainable infrastructure solutions), is one advocate.
But he says the industry needs the government’s help to make it happen.
Hodgson pointed to a Department of Defence report completed last year but only obtained by the ABC this month under Freedom of Information Laws.
It warned Australia and its supply chain was unprepared for a so-called “black swan” event. Most chillingly in hindsight, it warned a pandemic from Asia was a likely threat.

Sewers would quickly feel a supply chain breakdown

While the overriding message was that Australia had to be alert, one warning stuck out for Hodgson.
“What struck me is that within one week of a supply disruption to this country, we would not be able to produce sanitised water or treat wastewater properly,” he told *.
“With Calix being in the wastewater business that struck a chord, hence we need to look at supporting our local industry to have the capacity to step up.”
Hodgson suggested the government consider a minimum local content when conducting tenders. He declined to give a precise figure, saying only that it should be enough to ensure Australia had enough to get by.

Market sets the price, the government should ensure there’s enough

The Morrison government has provided support measures such as JobKeeper. But otherwise it has been reluctant to structurally intervene in free markets.
For instance, it ignored calls to prevent Virgin Australia (ASX:VAH) falling into administration.
Yet, Hodgson thinks critical industries should be a different kettle of fish.
“If [businesses] are so exposed that in the week supply chains broke down there’s not enough local content, the government needs to think about that when they go sourcing chemicals,” he said.
“The free market settles reasonable price to pay but you need to take into account other factors – is there enough content if it’s a critical industry?
“In the post-COVID world we need to take into account more than just the price.
“We need to ask what is essential and what do we need to make sure there is a sufficient local industry.”

Expand

"domestic" Supply Chains gets pretty modern These Days ???
CXL Price at posting: 75.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

SKS

SKS secures $20M for extension works on Melbourne data centre

BOE

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

EBR

EBR Systems' heart pacing device on-target to reach the US market

There are more pages in this discussion • 2 more messages in this thread...

First 9 Last

Add CXL (ASX) to my watchlist

(20min delay)
Last 92.5¢		Change 0.020(2.21%)		Mkt cap ! $167.9M

Open	High	Low	Value	Volume
90.0¢	92.5¢	88.0¢	$328.2K	365.2K

Buyers (Bids)

No.	Vol.	Price($)
2	6139	91.0¢

Sellers (Offers)

Price($)	Vol.	No.
92.5¢	10728	1

View Market Depth

No.	Vol.	Price($)
2	6139	0.910
1	1106	0.905
3	30351	0.900
1	864	0.880
1	5000	0.870

Price($)	Vol.	No.
0.925	10728	1
0.945	7550	2
0.965	3775	1
0.985	3934	2
0.990	11076	4

Last trade - 16.10pm 04/09/2024 (20 minute delay)

CXL (ASX) Chart

CXL Income Streams?, page-9

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

SKS secures $20M for extension works on Melbourne data centre

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

EBR Systems' heart pacing device on-target to reach the US market

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

CXL Income Streams?, page-9

Top Stories

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

SKS secures $20M for extension works on Melbourne data centre

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

EBR Systems' heart pacing device on-target to reach the US market

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News