As we all know, the clean diesel initiative for the trucking industry has been a dismal flop. However, as Spanspur has correctly noted, there are big opportunities with Honda and hopefully other auto OEMs for their catalytic convertors. However, what exactly is the size of the opportunity? Will it be enough to more than offset the disappointing revs from the trucking side of the biz?
Also, is there any glimmer of hope for the trucking side of the biz to kick in for 2013?
I have a small portion of shares but want to hear why I should keep on buying?
You should continue to add shares because the company is undervalued imo.
CDTI will go down as a classic example wherein today's buyers will benefit from the $187 million in previous capital expenditures to get to where we are today.
But the most compelling reason is the NEW technology that eliminates/reduces the levels of precious metals to cleanse. The way it works is due to design, and it is patented and being deployed now by Honda in a 1st year rollout. With that being said their is always risk, but if the technology does what it is said to do, and it must because it is now in every North American Accord (which would have been field tested). 3.83 million vehicles per year......Honda alone.
Shear speculation on my part, but if it is as described, let me assure everyone that the entire automotive industry is watching. This is a game changer........