Gamble of the week: Innovative water cleaner

Profits for this water purifying firm should start to flow after a landmark deal with China, says Paul Hill.

According to the World Water Council, more than 1.1 billion people do not have access to safe drinking water, and more than a third lack adequate sanitation. China in particular is in terrible shape. Decades of industrial and biological pollution have contaminated almost 90% of the underground aquifers beneath its cities. The World Health Organization (WHO) estimates that 25% of the population do not have daily access to clean water, with 50% being forced to consume water below WHO standards.

One neat solution has been invented by Seattle-based HaloSource. It has created patented technology that can quickly purify water, and kill the deadly bacteria and viruses that cause disease. In April the company signed a landmark deal with Chinese firm Perfect Water Purification Manufacturing.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.