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Eastern Company EML

Industrials
The Eastern Company manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. The Company has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support its customers needs in the commercial transportation and logistics markets. It designs, manufactures, and markets a diverse product line of custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions, access and security hardware, mirrors, and mirror-cameras. It offers a standard product line of rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, among other products. Its subsidiary, Velvac Holdings Inc. is a designer and manufacturer of proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications, and a provider of aftermarket components to the heavy-duty truck market in North America.


NDAQ:EML - Post by User

Eastern Company
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Post by jtrealisticon Jun 26, 2009 3:51pm
493 Views
Post# 16102073

Significant Upside

Significant Upside
On May 8th 2008 this company suspended its exploration activities in Ecuador due to government imposed restrictions. Prior to this the stock price was in the $1-2 range for a period of at least 1 year. In this case with the potential of exploration to begin again and the basic fundamentals unchanged for this company this could be a very good long term investment with significant upside.
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Dealroom for high-potential pre-IPO opportunities