Colfax (NYSE:CFX) Q4 2010 adjusted earnings came in at $ 0.39 which beat analysts estimates of $ 0.33!<\/p>\n
This already is tradition with Colfax which has consistently beaten estimates for the past 5 quarters!<\/p>\n
Colfax is a fluid handling specialist wich produces a great variety of pumps for all industry purposes. So Colfax not only profits from a rebound of the global economy but also from an enormous demand by the oil and gas industry.<\/p>\n
But Colfax is also a serial acquirer of smaller companies which they integrate rapidly and smoothly into the group. They call this the \u201eColfax Business System” which is modeled after the \u201eDanaher Business System”. We already explained it in this blog.<\/p>\n
So it’s not suprising that Colfax together with the financial results of 2010 announced another acquisition, this time\u00a0 a\u00a0 Dutch premier supplier of multiphase pumping technology.<\/p>\n
4th<\/sup> quarter earnings adjusted for cost of asbestos litigation were 47% higher than in Q4 2009!<\/p>\n Sales have risen 27,5% in 4th<\/sup> quarter, too.<\/p>\n But equally impressing is the improved working capital management which has helped<\/p>\n to improve cash flow from operating activities by 60% year over year!<\/p>\n Colfax has a bright future, there can be no doubt about it!<\/p>\n Earnings \/ share in FY 2011 are expected to be about $ 1.15 which translates into a p\/e of 19.5<\/p>\n Price to 2010 free cash flow stands at 19.5 too.<\/p>\n So why not wait for some weak days to buy some shares of this high quality company?<\/p>\n This blog follows Colfax since May 2009 when the share price stood at $ 7.27!<\/strong><\/em><\/p>\n Since then this stock performed 208%……and this story is far from over yet!<\/strong><\/em><\/p>\n Enjoy the ride!<\/p>\n","protected":false},"excerpt":{"rendered":" Colfax (NYSE:CFX) Q4 2010 adjusted earnings came in at $ 0.39 which beat analysts estimates of $ 0.33! This already is tradition with Colfax which has consistently beaten estimates for the past 5 quarters! Colfax is a fluid handling specialist wich produces a great variety of pumps for all industry purposes. So Colfax not only […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/659"}],"collection":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=659"}],"version-history":[{"count":9,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/659\/revisions"}],"predecessor-version":[{"id":668,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/659\/revisions\/668"}],"wp:attachment":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=659"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}