RE:RE:Ron Meisels techicalBoom! Like I said more debt reductions closer to a div increase and they just hit it out of the park - Div increase is here! Unbelievable -
They exceeded their debt reduction expectations target of debt to cash flow ratio eof 1x by 6 months. Now .96
New business wins are here; strong transmission wins.
New programs in china in differentials (international continues to work)
New engine components in Europe & they won some new business on new r&d work on a transmission case
New innovations are coming and they are about to launch an innovation hub to challenge existing technologies... artificial intelligence etc.
These guys are firing on all "cylinders" they're growing geographically, diversifying sectors and increasing new product lines and they have their eye on operational efficiencies (trust them with my money) .... phenomenal