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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (46889)3/12/2012 4:56:13 PM
From: E_K_S  Read Replies (1) | Respond to of 78520
 
Hi Sergio -

Re: Battery Technology R&D at a value price

I have been researching OM Group. They have a fairly large Battery Division
omgi.com

Within this Division is a subsidiary company called EaglePicher Technologies, LLC
eaglepicher.com

EaglePicher Technologies is a leading provider of advanced batteries and battery materials. EaglePicher Medical Power develops implantable batteries used in medical devices.

My interest lie in efficient consumer batteries that are required in all the new smart phones. It looks like they have a Consumer Group that targets their research and development in this area.

eaglepicher.com

The use of specialized materials integrated w/ new technologies (ie smart charging systems) is producing more efficient and powerful batteries for this growing market.

OM Group's Battery division makes up only 9% of the total annual revenues. Still it is a fairly large player (sales $130M) in the area they focus in.

For a value play, OMG's forward PE of 7.5, buys almost a 10% pure emerging R&D battery play.

EKS