November 9, 2007
Turbotec Products:We Will Proceed with Caution
Analysis of:
Turbotec Cautions on Second Half | www.ft.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Implications: Deteriorating situation with subprime rate and loans that are based on it created a precedent when both segments of residential real estate market (new and existing sales) are deteriorating. That, in turns affect markets of HVAC and major appliances. However, when company products are marketed to the crosscut of the industry ( t hat is residential and commercial HVAC), total performance is still in good shape.
Analysis: Turbotec Products ois one of the HVAC components type of company that manufactures and sells its products (heat exchangers) to both new and existing installations. Additionally, it manufactures heat exchangers for commercial and light industrial HVAC. Since commmercial market is still in good conditions, total performance of the company is in good shape. As it is sometimes in the world of manufacturing, careful versatility and appropriate focusing on the market pays off.
Analysis: Turbotec Products ois one of the HVAC components type of company that manufactures and sells its products (heat exchangers) to both new and existing installations. Additionally, it manufactures heat exchangers for commercial and light industrial HVAC. Since commmercial market is still in good conditions, total performance of the company is in good shape. As it is sometimes in the world of manufacturing, careful versatility and appropriate focusing on the market pays off.
Report a Concern
More GLG News in
Energy & Industrials
Most Popular:
Source Article | Expert Analyses
BASF Cuts Profit Goal, to Idle Plants as Orders Drop
www.bloomberg.com
YRC to Get Concessions?
tdu.org
Half of dry bulk orders will ‘not be delivered’
www.lloydslist.com
Weekly US rail shipments tumble 9.1 percent
biz.yahoo.com
Amid economic crisis, wind power spins more slowly
features.csmonitor.com
The gale of a credit crisis blows the wind away!
November 26, 2008
The Peaksters are right on theory, perhaps wrong on timing
November 25, 2008
BASF, Dow Chemical, PPG signal arrival of new world financial order
November 24, 2008
Petrochem Giants in Crisis Mode
November 20, 2008
Land Ahoy...The Dawn of Concentrated Solar Power
November 18, 2008

