WALBRO (WALB) is a $680M makes precision fuel storage & deliver systems for automotive & small engine applications. They are on the NASDAQ National Market.
1) 5 solid years of increased sales ($325M to $680M)
2) 4 good years of earnings/ 1 year of restucturing and now back
to net income / share of $0.43
3) NationsBank (BankAmerica) just extended $150M line of credit
4) New CEO
5) Growth in plastic fuel tank expected to jump this year
75% by 2001 in the US
85% in Europe
6) lots of potential in small engines, motor cycles & lawn equip.
1997 was the down year, they have demonstrated
they can turn it around.........
now good growth on real earnings.
IMHO undervalued significantly as get get their net income to pre-97 levels a steal at $8
your thoughts requested !?!?!?
wbASSETt |
