Replies to post #954 on DIAS Holding, Inc.(fka DSHL)

[PremierStocks]

I noticed this from the PR..

In the latest 10-Q report filed last week with the SEC, the company disclosed that the bulk of sales was attributed to its Asia Forging Supply subsidiary, but at a slight cumulative loss of $0.0028 per share. "Since 2006, we have succeeded in changing from a balanced sales combination between OEM and aftermarket sales to predominantly aftermarket driven. In 2007 and again in 2008, over 70 percent of our sales are from our spare-parts aftermarket and performance-parts aftermarket customers as part of our strategy to adjust to the decline in the North American OEM automotive market," Mr. Huang stated.

"The slight cumulative loss to date this year is because we are the first to create an auto salon in the U.S., which copies the success of year-round automotive salons in Asia. Even though new car sales are down, the U.S., and especially Detroit is known throughout the Asian automotive business community as the center of automobile technology and excellence, as indicated by the successful sales of Buicks and similar American-designed cars in China. So, Asian automotive systems and component manufacturers naturally want to migrate and establish a presence in the U.S. Thus, we will be concentrating in fulfilling the objectives of our strategic alliances and partnerships in 2009," summarized Chairman Huang.

[sliverbullet]

yes the aftermarket sector is golden, people will continue to fix and take care of their old cars. Have a look at where AutoZone is trading:

http://finance.yahoo.com/q?s=azo

So DSHL is positioned perfectly in this current economy to capitlaize on both the new car production as well as the aftermarket sector.