Release date: 2008-12-03
 

BullReporter.com Tags Selected Auto Sector Stocks as 'Outstanding Opportunities'
 

(Newswire Today) —  Chattanooga, TN, United States, 2008-12-03 - Bull Reporter Tags Auto Sector Stocks GM, F, DAN and DSHL as opportunities.

   
 

The Bullreporter Newsletter selected four auto sector stocks as “outstanding opportunities” today as Detroit’s Big Three prepare to pitch the US Congress for government assisted bridge loans. General Motors (NYSE: GM), Ford Motor Company (NYSE: F), Dana Holding Company (NYSE: DAN) and DIAS Holdings, Inc (OTCBB: DSHL) were all identified by The Bullreporter Newsletter as stocks to watch as the Big Three submit their respective comprehensive business plans to the nation’s lawmakers this week.

Bullreporter highlighted the following reasons for traders and speculative investors to take note of the auto sector stocks:

General Motors Corp. (GM: price: 4.59): General Motors, the largest auto maker in the US, is considering the sale of its SAAB and Hummer nameplates. An alternative plan would see SAAB and Hummer reorganized with their vehicles sold at GM’s highly respected Cadillac dealerships in order to provide a more efficient sales, marketing and distribution platform for the two divisions.

Ford Motor Company (F: price: 2.55): Ford Motor Company is considering selling Volvo Car Corp to strengthen its balance sheet. Ford is asking for up to 9 billion in bridge financing but has stated that it hopes to complete its transformation without accessing the loan if Congress approves the funds.

Dana Holding Corp (DAN: price: .78): Dana is a world leader in the supply of axles; drive shafts; and structural, sealing, and thermal-management products; as well as genuine service parts. The company's customer base includes virtually every major vehicle manufacturer in the global automotive, commercial vehicle, and off- highway markets, which collectively produce more than 70 million vehicles annually. Many questions surrounding Dana’s .near term outlook could be answered if Congress acts favourably on the requests of The Big Three.

DIAS Holdings, Inc. (DSHL: price: .12): In its recently filed 10Q, DIAS Holdings, Inc. reported impressive top line sales growth through the third quarter, with sales topping 12 million dollars (US). Bullreporter highlighted that DIAS is currently trading at well less than a 1 times sales multiple in spite of its growth.

DIAS Holdings, through its Asia Forging Supply Company subsidiary, manages the production contracts of over 60 automotive suppliers to customers in North America, Europe, and Asia, including OEMs, Tier 1 & 2s in the automotive, furniture, and metal working industries.

The Bullreporter noted DIAS’s Asia Forging Supply Company subsidiary was continuing to contribute very strong results in an otherwise very unfavourable atmosphere for most auto related companies. Bullreporter attributed this strength to the fact that the DIAS business mix finds approximately 60% of its sales are related to the aftermarket auto parts business and the significant sales boost aftermarket suppliers often get historically when new car sales are weak.

Bullreporter also stated that another division of DIAS, The Detroit International Auto Salon, could be helped if Congress bails out The Big Three as this may encourage Big Three suppliers to work through the Detroit International Auto Salon to secure Asian outsourcing for price point efficiencies going forward.

The Bullreporter stated that all four of these auto related companies appear to be extremely undervalued and exceptionally timely given that Citigroup stock (NYSE: C) more than doubled in price immediately following the recent approval of government funds to help the troubled bank. After the Citigroup bailout, the entire banking sector put on a very impressive and "tradable" rally.

About Bullreporter.com
The Bullreporter Newsletter was established in 2003 and initially distributed its market information to a private subscriber base. In 2007, The Bullreporter opened a free website and began to provide its content to the public at large. Interested parties may visit Bullreporter.com for timely stock market information on companies the Bullreporter considers to be timely considerations for stock market speculators.

Disclaimer: This is not an offer to buy or sell securities. Information or opinions are presented solely for informative purposes, and are not intended nor should they be construed as investment advice. Neither BullReporter.com nor any of its employees, affiliates, subsidiaries or family members are registered investment advisors or registered stock brokers and shall not be liable for any direct, indirect, incidental, special or consequential damages arising out of or resulting from the use or inability to use this site, including but not limited to damages for the loss of capital, funds, profits, use, data, or any and all other possible damages, even if such party has been advised of the possibility of such damages resulting from the use of this site and all information contained on this site.

The information provided by BullReporter.com is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

Companies mentioned herein carry a high degree of investment risk; readers should carefully review the companies thoroughly with their registered investment advisor or registered stockbroker. We are not liable for any investment decisions by our readers. We encourage our readers to invest carefully and read the investor information available at the web sites of the U.S. Securities and Exchange Commission (SEC, sec.gov and the National Association of Securities Dealers (NASD, nasd.com).

   
 

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