Williams Controls, Inc. (NASDAQ:WMCO)
The Company designs, manufactures and sells electronic throttle and pneumatic control systems for heavy trucks, transit busses and off-road equipment.
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It doesn't seem like it will overperform.
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MFI CAP 88 TOP 50 8/16/07
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Now stabilized on the exchanges under its new tick, this transport tech company is up about 35% over the last year. Watch for significant continued growth.
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I like this due to growth rates in Europe and Asia
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They sell gas pedals to manufacturers of big trucks and off road equipment - these are highly technical electronic systems. A turnaround play. Excellent new management has moved all production to China and is expanding their foreign markets as well. These changes will begin effecting the bottom line in the next several quarters - so have not changed the price much (25% from bottom). In addition, the market is very worried about the decline in large truck sales next quarter further keeping the price down. While this decline will happen, it is certain to go away in 3-6 months. Meanwhile foreign sales and increased margins will mean real bottom line growth from now on. I think 100% in two years is reasonable goal.
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company makes systems for trucks. I expect that this business will only increase over the next several years.
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Just started trading on NASDAQ.
I'm keeping my eye on it.
A Return on equity of 621%? Somebody explain that to me.
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