Q: PUR... Pure Technologies
Right now according to BNN, 87% of revenue for PUR comes from water and waste with only 7% coming from O&G.
Considering the hoops LNG has to go through to secure approvals for new pipe lines - and understandable so - it seems to me this 7% should be increasing dramatically over the coming years which should bode extremely well for PUR and their new technology designed to monitor and detect pipeline faults and failures.
With that in mind, this stock to me appears to be a no brainer.
Is there something I am not aware of that could change this? What competition does PUR have? Is there another technology out there that is doing the same job? Would you recommend a buy at this time for PUR or a wait and see?
Thanks for all you do
Gord
Right now according to BNN, 87% of revenue for PUR comes from water and waste with only 7% coming from O&G.
Considering the hoops LNG has to go through to secure approvals for new pipe lines - and understandable so - it seems to me this 7% should be increasing dramatically over the coming years which should bode extremely well for PUR and their new technology designed to monitor and detect pipeline faults and failures.
With that in mind, this stock to me appears to be a no brainer.
Is there something I am not aware of that could change this? What competition does PUR have? Is there another technology out there that is doing the same job? Would you recommend a buy at this time for PUR or a wait and see?
Thanks for all you do
Gord