Preformed Line Products Company (PLPC)

mechanical value screen, no research

screen pick

If you haven't looked into this one, it may be time. I think it may be my favorite. No attention is ever given... PLPC has performed great over the past couple of years, and the dividends are nice. Nice "hidden gem" imo.

Increased profit while economy tanked - imagine what it will do when the stimulus package starts to kick in!

RCJ

Trying to get in at the bottom of good stocks.

"Maintenance of underground networks" sounds good to me.

I am in the utility industry and we use PLPC hardware on almost every transmission line and distribution line project. Their product line is vast and will reap the rewards of the ensuing OBAMA triggered transmission line buildout across the USA in the years to come.

Testing out a portfolio of smallish-cap 5-star stocks found using the CAPS screener. All picks have at least 50 allstars backing them, which should be enough to minimize star rating fluctuations. It's been less than a week, but so far so good!

Buy on the dip. Make yourself a potato chip.

This small cap with fine financials and good looking management will grow especially if two kinds of capex grow: power transmission lines, and telecom transmission lines (especially fiber to premises). If think these two capex streams will grow, both inside and outside the U.S. The weak U.S. dollar (which I expect to continue as a medium term secular trend) will only help PLPC. I've owned the stock for a few years, and it makes sense to add it to my CAPS portfolio.

Have owned PLPC for about six months, and have been encouraged by the results so far. They are in a business where the demand doesn't go away.

Well run, good fiscal management, and significant insider ownership. Would buy up all the float if I had enough money....unfortunately, I don't!

I own this stock in my real portfolio, and if I could only own one stock, this would be it, heres why:
-They've been paying dividends every three months from the start.
-Their financials are stellar.
-No one on Wall St is paying attention to them.
-Insider ownership is over 90%, and that's one of my favorite signs, it doesn't always translate into a fantastic company, but it does mean that the insiders have a tangible investment in the company and they really believe in it.
This really is one of my favorite companies. They're one of those behind the scenes kind of businesses that are integral to our society, yet no one really knows about. They make connectors and splicing ends for fiber optic cables, coax, all kinds of cables, wire grips and braces, protective wire or cable coverings...basically all the little bits a pieces that help connect and stabilize our communications and electrical infrastructure.
Super awesome value.

also:
-PLP SOLAR-

Preformed Line Products (PLPC) acquired Direct Power and Water Corporation today (4-13-07) and formed a new division of PLPC, PLP Solar. This sounds like good news to me. They'll have a whole new line of revenue and a whole new area of that they can expand into thats related to their main business, but we'll see.

looks like a great business to be in. I will join the crowd of fools saying up, baby, up

Q4 2006 report: Earnings were up yoy $2,032,000 vs. $883,000, or .38 vs. .15 per diluted share. Revenue increased from $46.7M a year ago to $51.8M. However, this is a flat quater compared to the previous 3 sequential quarters. EPS for the first 3 quarters of 2006: .43, .61 and .70, revenues: $52.6M, $56.1M, $56.4M. International sales up 17% yoy, domestic sales down 3% yoy. Market yawned at these results. Price $34.05, Yield 2.35%, P/E 17.92 on 02.21.07 at market open.

5 Star/Small cap/Pays dividend

THis is a good stock if you can get it at the right price. $35 or less

As a utility worker, I can tell you that there is a vast need for new generation (which requires new transmission to get the energy to the load = good for PLPC) and maintenance on the already existing distribution lines (distribution is the smaller wooden poles you see in residential areas compared to large metal towers that carry the transmission lines).

Preformed Line Products Company (PLPC) is an international designer and manufacturer of products and systems employed in the construction and maintenance of networks for the energy, telecommunication, and cable operators. The company’s domestic market chips in 55% of its revenue, while the rest is put up by foreign markets.

PLPC has a strong presence in international markets and the quality products offered by the company strengthen its market share. Moreover, there is an increase in investment in the energy markets due to the requirements of the 2005 Energy Policy Act. The company’s adherence to service over price and enhanced product offering in both transmission and distribution will enable it to harness this increase in investment. It is anticipated that the company’s foreign energy markets will also continue to expand as new transmission and distribution projects are announced.

The formed wire products and the protective closures contribute about 80% of PLPC’s revenues. Moreover, the deployment of new access networks and improvements to the existing ones will continue to add momentum to the company’s top-line. Furthermore, the increased demand for high-speed communication services and increased bandwidth in data communication services will positively affect the demand for the company’s products.

Moreover, PLPC’s operating margin and net profit margin for the period 2001-2006 were significantly higher than the industry averages. The company’s favorable growth prospects justify its higher operating margins and returns in the foreign markets. Therefore, considering the company’s under levered balance sheet, and its strength in technology and manufacturing expertise, it is believed that PLPC will be the vanguard of the industry in future.

improving