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Dana Holding Corporation Message Board

  • higherthan12 higherthan12 Apr 26, 2013 12:04 PM Flag

    FDML has the potential to double from here

    Federal Mogul results reported yesterday showed improvement relative to the previous quarter. Management is succeeding in controlling costs and is doing more cost cutting. As they clearly stated, the 4th quarter of 2012 was the bottom and from now on revenue should increase. We saw the increase in revenue in the 1st Q yesterday. The 2nd Q is strong for the Federal Mogul AFTERMARKET business. I expect increase in revenue. Third and Fourth quarters are historically strong with expected CASH INFLOWS. I think FDML is just beginning the move upward. Relative to other auto supplier stocks, expect FDML stock to do catchup and run to $14 or even higher. I suggest taking a close look at FDML stock.

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