Ｐａｇｅ 853859 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 通常モードに戻る ┃ ＩＮＤＥＸ ┃ ≪前へ │ 次へ≫ ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ▼Brutal sheila arm b jaltItads 13/10/18(金) 11:18 ─────────────────────────────────────── ■題名 ： Brutal sheila arm b ■名前 ： jaltItads <Pabalschaicbp@airjordanoutletshop.us> ■日付 ： 13/10/18(金) 11:18 ■Ｗｅｂ ： http://whytopaint.com/category/coach/ -------------------------------------------------------------------------
| TRW Automotive is Set to Steer Greater Note: TRW was MagicDiligence's Leading Acquire http://xn--n8j2lwbh1324b4nlx5f.enterspacetickets.com/ choose http://pbxbasic.com/category/coach/ for 10/18/2011!It comes as no amazing [url=http://xn--n8j2lwbh1324b4nlx5f.enterspacetickets.com/]グッチ 時計 クーペ[/url] surprise that investors could be wary about investing in to the [url=http://whytopaint.com/category/coach/]コーチ 財布 メンズ 長財布[/url] automotive sector. 200809 are fresh in people's minds, in the course of which American automakers Common Motors (GM) and Chrysler filed for bankruptcy, and Ford (F) barely survived. Auto suppliers just like Delphi andLear (LEA) trudged into bankruptcy court. The industry, place simply, was decimated by the "Great Recession". Even in the perfect of times, this can be a tricky business. Auto sales are highly coorelated to the basic economic cycle. Capital expenses for production equipment are high. Labor disputes and increasing commodity costs are everpresent dangers. Consumer tastes can transform immediately, wreaking havoc on model design plans that take years to come to fruition. Tight credit markets make it complicated for many buyers (shoppers and businesses) to finance new vehicle purchases. And, historically, each automakers and suppliers have carried poor balance sheets with massive debt burdens, "living on the edge" in a quite unpredictable business. Offered [url=http://xn--n8j2lwbh1324b4nlx5f.detectiondogbreeder.com/]グッチ 財布 メンズ 新作[/url] this, we have to have an extremely appealing candidate so as to http://xn--n8j2lwbh1324b4nlx5f.explosivesdetectioncanine.com/ The Debt/Equity Ratio illustrates how aggressively a [url=http://pbxbasic.com/category/coach/]コーチ リュック レザー[/url] achieve exposure to this sector. Thankfully, Magic Formula Investing (MFI) has dug up a single such stock in TRW Automotive (TRW). TRW is amongst the world's biggest auto suppliers. The firm's primary focus is on safetyrelated systems present in contemporary autos. These run the gamut from electronic steering to antilock brake systems to air bags to lane assist systems and everything in among. TRW supplies most of the big auto makers. Its prime [url=http://xn--n8j2lwbh1324b4nlx5f.explosivesdetectioncanine.com/]グッチ アウトレット イタリア[/url] four clients are Volkswagen Group (20% of sales), Ford (16%), Fiat/Chrysler (14%), and General Motors (12%). I like TRW for a variety of reasons. 1st and foremost, the firm has an appealing set of development opportunities. More than 80% of sales come from created economies in North America and Europe. These two geographies have suffered from 30year low automobile [url=http://ondemandcashiering.com/category/coach/]コーチ バッグ 斜めがけ 人気[/url] volumes within the 200809 period. When 2010 and now 2011 have been an improvement, volumes are nevertheless a few of the lowest inside the past 40 years. sales. have been [url=http://ondemandcashiering.com/category/coach/]コーチ 財布 新作 2013 メンズ[/url] 14.3 million units. Much more lately, from 19982008, the average was 16.8 million. In contrast, 2009 sales were 10.six million and 2010 11.8 million. Even 2011, a rebound year, is only showing [url=http://whytopaint.com/category/coach/]COACH 時計 メンズ[/url] volumes about 13 million about 23% under the '9808 average. This also remains nicely below the scrappage price of about 15 million units. A similar story exists for Europe. Put merely, there is still [url=http://xn--n8j2lwbh1324b4nlx5f.detectiondogbreeder.com/]グッチ 財布 メンズ 新作[/url] a good amount of space for rebound growth in TRW's main markets. Another growth driver is secularly growing auto sales in building economies, especially China. China is now the world's largest auto industry at about 19 million units, and has been developing http://ondemandcashiering.com/category/coach/ at more than 30% prices up until this year. and Japanese vehicles (India is a lot more pronounced). As security specifications are developed, TRW stands to earn far more per automobile sold in these geographies. Even automobiles [url=http://xn--n8j2lwbh1324b4nlx5f.enterspacetickets.com/]GUCCI ネックレス 本物[/url] for created countries continue to add significantly more [url=http://xn--n8j2lwbh1324b4nlx5f.enterspacetickets.com/]グッチ アウトレット 通販[/url] sophisticated safety equipment, for example side curtain air bags and electronic stability manage systems. TRW has also produced superb strides in improving its operations and financial footing. Restructuring efforts underway considering the fact that prior to the "Great Recession" have truly shown themselves as sales rebounded in 201011. Gross margins have risen from 9% in 2006 to over 12% right now. Operating margins have soared from under 5% to more than [url=http://xn--n8j2lwbh1324b4nlx5f.detectiondogbreeder.com/]グッチ 財布 メンズ 新作[/url] 8%. Returns on capital have climbed from 8% to 21%. Because of this, operating profits have more than doubled due to the fact 2006 on a much reduce base of automobiles becoming sold. Going in addition to this are substantial improvements inside the balance sheet. As lately as 2007, TRW was buried below a $3.2 billion mountain of debt. At this time, that figure is down to $1.7 billion, plus the firm has $1.2 billion in money offsetting it. Interest coverage (how numerous times income cover interest specifications) is over 9 nowadays, from below 3 some years ago I look at [url=http://pbxbasic.com/category/coach/]コーチ 財布 新作 メンズ[/url] 5 occasions relatively safe. TRW is well positioned to deal with the $770 million in debt coming due in 2014, and considerably [url=http://whytopaint.com/category/coach/]コーチ ショルダーバック アウトレット[/url] The Debt/Equity Ratio illustrates how aggressively a [url=http://pbxbasic.com/category/coach/]コーチ バッグ レザー[/url] much better positioned to handle any "double dip" recession. We've currently [url=http://ondemandcashiering.com/category/coach/]コーチ バッグ 斜めがけ 人気[/url] covered the dangers here, most of which are inherent towards the industry. I don't count on http://xn--n8j2lwbh1324b4nlx5f.detectiondogbreeder.com/ a doubledip recession, and apart from [url=http://xn--n8j2lwbh1324b4nlx5f.explosivesdetectioncanine.com/]グッチ 時計 レディース ダイヤ[/url] that it can be substantially alot more most likely that car sales continue to rise towards historical levels. Nevertheless, if they don't, TRW will likely not be capable of get to our sell early target. Offered what appears like strong nearterm industry http://whytopaint.com/category/coach/ and enterprise distinct dynamics, I consider TRW is in a shortterm price trough that we can benefit from. My value [url=http://xn--n8j2lwbh1324b4nlx5f.explosivesdetectioncanine.com/]グッチ 長財布 307982[/url] target is $64, correct around the 52week high in addition to a substantial 55% upside from existing levels. |