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| Promoter: | PennyStockRumors.net | Paying Party: | UNKNOWN |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| CLWT | Unknown compensation | UNKNOWN |
| Max Profit: 11.07 % | Gain at close: -4.44 % | |
| *We think that this promoter is a part of a group of promoters. | ||
New Report: CLWT |
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Good morning readers and welcome new subscribers.
The market is opening so let's get right to today's report on CLWT
CLWT closed Wednesday at $2.37
Euro Tech Holdings (CLWT) is a premium distributor and manufacturer of high-quality technology instruments as well as an environmental engineering services provider. To meet the environmental needs of the China market, Euro Tech is focusing on the environmental protection for air, water and energy, for which the company can supply monitoring instruments, analytical instruments and testing equipment. Euro Tech's primary goal is to provide high-quality yet competitively priced instruments and engineering services to the Chinese marketplace. Euro Tech is headquartered in Hong Kong with eleven other offices located in Beijing, Guangzhou, and other cities.
According to market site Finviz.com , CLWT has just 920K shares in the float - fairly small for a listed company.
Last year, the company even saw a jump in revenues, topping out at $18.8M, a small increase over 2013's $18.6M
Their subsidiary PACT is a multinational engineering company specializing in custom design, manufacturing and contracting of water treatment, wastewater treatment and water desalination. A great majority of PACT clients are global companies, leaders in their industry.
PACT combines decades of experience in design, manufacture and operation of water and wastewater treatment plants in a variety of industries. PACT design and process engineers are a select group of professionals that have gained their experience operating and/or managing major industrial water and wastewater treatment plants.
At one point, PACT's customers included:
BWTS
Ballast water discharges by ships can have a negative impact on the marine environment. Cruise ships, large tankers, and bulk cargo carriers use a huge amount of ballast water, which is often taken on in the coastal waters in one region after ships discharge wastewater or unload cargo, and discharged at the next port of call, wherever more cargo is loaded. Ballast water discharge typically contains a variety of biological materials, including plants, animals, viruses, and bacteria. These materials often include non-native, nuisance, exotic species that can cause extensive ecological and economic damage to aquatic ecosystems.
In 2012, ballast water discharge standard became a law in the US. Any vessel constructed in December 2013 or later will need to comply when entering US waters, and existing vessels will follow shortly after. The market potential for retrofits and new installations of BWTS in these old and new ocean-going vessels is enormous.
The PACT MarineTM Ballast Water Management System has recieved United States Coast Guard Alternate Management System (USCG AMS) Acceptance as of 20th March 2015.
AMS acceptance by the U.S. Coast Guard is a temporary designation given to BWTS approved by a foreign administration. It enables BWTS to be used on vessels for a period of up to 5 years, while the treatment system undergoes approval testing to U.S. Coast Guard standards.
Please continue your research on the company's website here.
How do you feel about CLWT and the "enormous" potential they are hinting at?
Your OTC Editor.
One guy claims huge trading gains. Believe him?
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