CELM...Impressive Presentation...One of Top 5 domestic players...micro motors....1400 employeed....more diversification...remote control toys and cell phones huge market...very fragmented market...labor costs cheap...demand growing...increase disposable income in china...middle class growing in china...broadening offerings...acquisition strategies....targeting larger customer base or products in sectors not currently serving...November closed deal and 3 more on the books...possible closing another deal in a few weeks... raw materials effect costs...but gross margins are better than competitors...Johnson Electric largest foreign competitor, but winning customers from them...CELM offers more flexibility to compete...5x 2010 earnings for November purchase...36 million in cash...no debt...guiding for 0.74 to 0.75 EPS for year...lots more to the presentation but I could not keep up....hog
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