InvestorsHub Logo
Followers 33
Posts 1883
Boards Moderated 0
Alias Born 10/19/2007

Re: MJAM2020 post# 426

Wednesday, 04/23/2008 4:11:28 PM

Wednesday, April 23, 2008 4:11:28 PM

Post# of 2594
They don't use the plants, like rent them out or anything either, basically it is a coalition of many factories throughout China, Korea, and Taiwan, and our company, with the established sales network, is the prime contractor for those factories.

Think about it, the Big Three and other major firms aren't going to want to have to deal or place orders with dozens of individual factories on a one by one basis, that's why Componus as the prime contractor for a large number of these factories, is in a great position and can take a prime cut from every deal. It is a great position to be in in my opinion. The Auto Salon, the second half of their business really compliments the Asia Forging supply business as well I think.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.