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    Eine saubere Sache - CECO Environmental 906379 - 500 Beiträge pro Seite

    eröffnet am 27.04.07 12:11:45 von
    neuester Beitrag 08.05.08 16:56:15 von
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      schrieb am 27.04.07 12:11:45
      Beitrag Nr. 1 ()
      Der Aktionär Nr. 18 (S. 12)

      SAUBERE SACHE

      Schärfere Umweltauflagen zwingen die Industrie zum Einbau immer besserer Schadstofffilter. Das schafft glänzende Aussichten für CECO Environmental.

      In keinem anderen Land werden so viele Schadstoffe in die Luft gepustet wie in Amerika. Die größten Dreckschleudern sind neben den zig Millionen Autos die Industrieschornsteine. Lange Jahre hat sich die Wirtschaftsmacht dem Umweltschutz verschlossen. Erst durch die steigende Zahl von Katastrophen - Überschwemmungen, Wirbelstürme, Blizzards - wurden die Verantwortlichen wachgerüttelt. Die Umweltauflagen werden schärfer und davon profitieren Firmen wie CECO Environmental. Das Unternehmen bietet Luftfiltertechnologien, mit denen sich nicht nur der Schadstoffausstoß verringern, sondern auch Energie - und damit Kosten - einsparen lassen. Insgesamt sieben Tochterunternehmen kümmern isch um Planung, Produktion und Einbau der maßgeschneiderten Lösungen. Das verschafft der Firma einen Wettbewerbsvorteil, denn bei CECO bekommen die Kunden alles aus einer Hand.
      Ebenso beeindruckend wie die Produkte ist das Umsatzwachstum. Gingen 2003 rund 68 Millionen Dollar durch die Bücher, waren es 2006 schon 135 Millionen. Im laufenden Jahr werden Erlöse von mehr als 235 Millionen angepeilt. Die Gewinnentwicklung erinnert dabei eher an ein Internetunternehmen. So soll der Überschuss von 0,24 Dollar por Aktie 2006 auf 0,89 Dollar in diesem Jahr regelrecht explodieren.

      Besser als der Durchschnitt:
      Die Wachstumsraten bei CECO liegen weit über dem Industriedurchschnitt und würden selbst Hightech-Firmen gut zu Gesicht stehen. Trotzdem werden die Aktien mit einem Discount gehandelt. Gemessen an der Gewinnentwicklung beträgt das Branchen-KGV knapp über 50, das von CECO mickrige 17.


      CECO Environmental
      www.cecoenviro.com

      Chance *****
      Risiko ****

      Ziel 20,00€
      Stop 7,90€

      WKN 906379
      ISIN US 1251411013
      Kürzel CECE (New York)
      Avatar
      schrieb am 27.04.07 18:49:12
      Beitrag Nr. 2 ()
      Schön, dass es zu dem Thema einen Thread gibt.
      Der Text trommelt ja ganz schön.
      Aber das Umsatzwachstum ist tatsächlich erheblich - nur mit dem Q4 Gewinn hat es Ende März etwas gehapert und deswegen kann es zu einem ziemlichen Abschlag von über 17$ auf unter 13$. Bei einem Q-Umsatz von 41,5Mio $ blieben unter dem Strich nur 1,2 Mio $ übrig. Kurz danach wurde noch eine KE bekanntgegeben - aber die Auftragsbücher sind scheinbar voll und der Kurs scheint das jetzt erstmal alles weggsteckt zu haben.
      Und die allgemeinen Rahmenbedingungen dürften für CECO tatsächlich sehr gut sein...
      Kennt jemand in den USA oder Europa vergleichbare Firmen?
      Avatar
      schrieb am 27.04.07 21:41:49
      Beitrag Nr. 3 ()
      sehr interessanter Stock :) :) Wachstum pur, nur die Profit-Marge ist mit 3% noch sehr dünn. Ich denke aber, das sie Schritt für Schritt versuchen werden, die Margen zu erhöhen. Da ist noch Potenzial, wenn man bedenkt das die Company aus 7Tochterunternehmen besteht. Die jüngste Kapitalerhöhung sorgt zudem für eine positive Bilanz - sprich die Company ist schuldenfrei.

      Der Langfrsitchart schaut jedenfalls sehr gut aus.
      Avatar
      schrieb am 28.04.07 11:31:56
      Beitrag Nr. 4 ()
      Laut comdirect hält der Pioneer Fds - Global Ecology A0MJ48 Anteile an CECO: Ist dort sogar eine der Top Ten Positionen.
      Avatar
      schrieb am 28.04.07 13:42:37
      Beitrag Nr. 5 ()
      finde, dass das eine interessante branche ist.

      gerade in der heutigen zeit, in der die politik immer mehr in umweltfragen eingreift, da langsam alle merken wie wichtig das doch ist!

      ich glaube es ist nur noch eine frage der zeit, bis die eu stark genug ist um genügend druck auf die usa zu machen, hinsichtlich umweltauflagen.
      damit wird automatisch potential für unternehmen wie ceco enviromental erzeugt..

      kennt jemand ähnliche unternehmungen in europa/ deutschland?

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      schrieb am 28.04.07 20:45:55
      Beitrag Nr. 6 ()
      CECO Environmental Gets Contracts Worth $10.4 Mln - Update
      (RTTNews) - CECO Environmental Corp. (CECE), a provider of air pollution control products and services, on Wednesday reported receiving new contracts and additions to existing ones worth $10.4 million.
      The Cincinnati, Ohio-based company stated that these contracts were secured by its subsidiaries, H.M. White, Effox, CECO Abatement, and Kirk & Blum.
      The company said the contract involves energy management work for the automotive industry, dampers for the power industry, equipment for the ethanol industry, ventilation equipment for the plastics industry, and process ventilation equipment for the forest products industry.
      "Order activity continues to be strong. As of today, bookings in the month of April are over $14 million. Bookings thus far this year are now over $60 million," said Phillip DeZwirek, Chairman and Chief Executive Officer of CECO.
      Avatar
      schrieb am 08.05.07 13:37:34
      Beitrag Nr. 7 ()
      CECO Environmental Corp. (NASDAQ:CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it will release its first quarter fiscal year 2007 financial results on Wednesday, May 9, 2007, after the market close.
      Avatar
      schrieb am 08.05.07 20:11:01
      Beitrag Nr. 8 ()
      dann darf man ja mal gespannt sein, was das gibt.....
      Avatar
      schrieb am 10.05.07 07:18:15
      Beitrag Nr. 9 ()
      Die Zahlen sind sehr gut; weil es offenbar einige Analysten gibt die noch mehr erwartet hatten, ging der Kurs auch nachbörslich etwas nach.

      NEW YORK, May 9 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of industrial ventilation and pollution control systems, today announced record first quarter results for the period ended March 31, 2007.

      Financial highlights for the first quarter of 2007 compared to the first quarter of 2006 include:

      -- Net sales increased $19.1 million or 78% from $24.4 million to $43.5 million;

      -- Gross profit increased $3.7 million or 90% from $4.1 million to $7.8 million;

      -- Operating income increased 258% from $696,000 to $2.5 million;

      -- Net income increased $1.9 million to $1.1 million as compared to a loss of $736,000; and

      -- Earnings per diluted share were $0.08 compared to a loss of $(0.07) per diluted share.

      Backlog as of March 31, 2007 was $119.8 million compared to $97.1 million as of December 31, 2006.

      Chairman and CEO, Phillip DeZwirek, stated, "We are delighted to see our momentum continue into the new fiscal year. Our first quarter results mark our fifth consecutive quarter of record revenues and gross profitability compared to the corresponding comparable quarter in prior years."

      Mr. DeZwirek continued, "We believe this performance further demonstrates the success of our strategy of horizontal integration, whether by acquisition or organic new business start-ups, and vertical integration into our family of companies, to become a leading turnkey solution provider to the industrial ventilation and air pollution control market. We believe this is a distinct competitive advantage for us because customers desire a single source of responsibility, which we believe greatly simplifies our customers' experience while providing them with access to a broad selection of products and services to meet their needs."

      Net sales for the first quarter increased 78% to $43.5 million. The comparative quarter-over-quarter growth in net sales was attributable to growth across substantially all of CECO's products and services. Most notably, CECO experienced a large increase in contracting sales due to revenues generated by its H.M. White subsidiary, which was integrated into the CECO family in 2006. Additionally, CECO's equipment sales grew due to the continuation of the expansion in the ethanol industry and the addition of one month of revenue from Effox.

      "We believe this growth will continue in 2007 as customers continue to look for a complete one-stop solution provider. We recently received thirteen new orders totaling approximately $9.9 million that were secured by our Effox, Kirk & Blum, CECO Abatement and Busch International subsidiaries," said Rick Blum, President and Chief Operating Officer. Mr. Blum continued, "Our bookings run rate continues to be well ahead of last year's. As of today, new bookings for the year stood at approximately $74.5 million."

      Gross profits in the first quarter increased 90% to $7.8 million compared to $4.1 million in 2006. Gross profit as a percent of net sales increased from 17.0% in 2006 to 18.0% in 2007. This increase was primarily the result of changes in product mix related to the significant increase in turnkey system sales and the addition of Effox to CECO's equipment group. Dennis Blazer, CFO, stated, "Our strategy is to continue to pursue business opportunities that continue to enhance our overall profitability."

      Operating income was $2.5 million, or 5.7% of net sales, for the first quarter of 2007 compared to $696,000, or 2.9%, for the same period in 2006. The quarter over quarter and resulting year over year increases in operating income and operating margin are areas of focus for CECO. Mr. Blazer commented, "The increase in operating margin is a result of our ability to leverage our current base of fixed operating costs and a more favorable product mix."
      Avatar
      schrieb am 10.05.07 21:34:52
      Beitrag Nr. 10 ()
      jetzt kann die bergetappe starten:eek:
      Avatar
      schrieb am 11.05.07 12:40:49
      Beitrag Nr. 11 ()
      Antwort auf Beitrag Nr.: 29.243.072 von cmeise am 10.05.07 07:18:15Die Zahlen sind wirklich gut und die Fantasie m.E. ebenso - jetzt wo die USA endlich entdeckt haben, dass Umweltschutz auch für sie Sinn macht! Merkwürdig, dass so wenig Interesse da ist.
      Avatar
      schrieb am 11.05.07 12:54:16
      Beitrag Nr. 12 ()
      KGV aktuell 14,66 !
      Avatar
      schrieb am 11.05.07 12:56:11
      Beitrag Nr. 13 ()
      Antwort auf Beitrag Nr.: 29.267.496 von SeaCloud5 am 11.05.07 12:40:49Volumen
      12:53:19 9,00 250:)
      10:57:15 8,70 300
      09:05:01 9,00 60
      Avatar
      schrieb am 22.05.07 16:28:56
      Beitrag Nr. 14 ()
      CECO Environmental Announces Six New Orders Totaling Approximately $12.7 Million
      Bookings for the Year Stand at $89.6 Million

      NEW YORK, May 22 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received six new orders totaling approximately $12.7 million.

      Rick Blum, President and Chief Operating Officer, stated, "These orders were secured by our Effox, Kirk & Blum, CECOaire, CECO Abatement, and H.M. White subsidiaries. They include ventilation and process equipment for a producer of carbon fibers used in composite materials, equipment for the ethanol industry, a mist collection system for an automotive plant in Mexico, a foundry baghouse and ventilation project, and dampers and expansion joints for the power industry."

      Phillip DeZwirek, Chairman and Chief Executive Officer of CECO, stated, "Our strategy continues to work and enable us to win business in a wide variety of industries. Bookings for the year now stand at approximately $89.6 million, with almost $20 million booked to date in May. This is well ahead of our pace in 2006, a year in which we booked approximately $200 million in new business."
      Avatar
      schrieb am 23.05.07 17:03:37
      Beitrag Nr. 15 ()
      Sieht aus, als käme Leben in die Sache! :lick:
      Avatar
      schrieb am 25.05.07 15:02:35
      Beitrag Nr. 16 ()
      die ersten Analysten werden wach. Heute eine Kaufempfelhung aus dem Hause Oppenheimer mit Kursziel von $18 :)
      Avatar
      schrieb am 30.05.07 17:12:01
      Beitrag Nr. 17 ()
      Antwort auf Beitrag Nr.: 29.467.227 von ustrading am 25.05.07 15:02:35Aber leider ist es immernoch recht ruhig...
      Avatar
      schrieb am 30.05.07 17:40:56
      Beitrag Nr. 18 ()
      Wie sagte das Heute Journal gestern so schön? Die Bevölkerung der USA ist in Sachen Umwelt- und Klimaschutz schon 3 Schritte weiter, als es die bremsende Bush-Regierung wahr haben möchte. Wer heute auf diese Technologien setzt, der setzt auf eine Ablösung dieser Regierung - und das ist ja absehbar :D
      Avatar
      schrieb am 30.05.07 17:41:11
      Beitrag Nr. 19 ()
      Ich hab sowas wie einen Konkurrenten von CECO entdeckt, vielleicht hat jemand mal Lust, die sich genauer anzuschauen:
      http://www.mfri.com/
      Avatar
      schrieb am 01.06.07 00:56:42
      Beitrag Nr. 20 ()
      Werd mir auch mal ein paar Stocks ins Depot legen, nur warte ich die sehr wahrscheinliche Korrektur der Märkte über den Sommer (nach 4 Jahren Bullenmarkt) noch ab und schlage dann zu.
      Avatar
      schrieb am 01.06.07 14:48:36
      Beitrag Nr. 21 ()
      @cmeise,

      tolles Research :) Von der aktuellen Performance her hat MFRI klar die Nase vorn. Wenn man sich aber mal die letzten Q-Zahlen anschaut, gefällt mir CECE wiederum besser. Interessant ist die Einschätzung der Analysten, die bei MFRI für 2008 einen Gewinnsprung von über 60% sehen, während bei CECE ein Gewinnplus von +28% erwartet wird. Man sollte wohl beide Stocks mal im Auge behalten :)
      Avatar
      schrieb am 01.06.07 16:52:19
      Beitrag Nr. 22 ()
      Antwort auf Beitrag Nr.: 29.573.864 von ustrading am 01.06.07 14:48:36Also wenn ich das richtig gelesen habe, dann ist MFRI mit dem Bau von Pipelines beschäftigt, während CECE hauptsächlich Schadstofffilter herstellt. Wo ist jetzt da der direkte Zusammenhang? :confused:
      Avatar
      schrieb am 01.06.07 17:20:27
      Beitrag Nr. 23 ()
      Antwort auf Beitrag Nr.: 29.576.727 von SeaCloud5 am 01.06.07 16:52:19MFRI hat 3 Geschäftsfelder: -Industriefilter, - Pumpen (zB für Pipelines) und industrielle Kühltechnik.
      Die ersten beiden sind etwa gleich gross (mehr als 80 Mio Umsatz), die Kühltechnik nur ca 40 Mio und auch nicht so profitabel. Die Pumpensparte scheint etwas stärker im Wachstum und auch noch profitabler zu sein.
      Betrachtet man nur die Industriefilter ist CECE fast doppelt so gross und - auch wenn ich da absolut kein Fachmann bin - scheinbar etwas mehr spezialisiert. Ich glaube CECE hat auch einen Auslandsanteil von ca 30%, von MFRI weiss ich es nicht.
      Aber beide haben in den letzten 3, 4 Jahren ein starkes Wachstum hingelegt. Trotzdem denke ich, dass gerade der Filterbereich eine gute Zukunft in den USA haben sollte. Ich geh mal davon aus, dass eine neue Regierung sich auch zu verbindlicheren Rahmenbedingungen durchringen wird.
      Avatar
      schrieb am 01.06.07 17:41:29
      Beitrag Nr. 24 ()
      Antwort auf Beitrag Nr.: 29.577.358 von cmeise am 01.06.07 17:20:27Ah ok, danke. MFRI ist ja sehr gut gelaufen in letzter Zeit. Ich habe leider nirgendwo ein KGV gefunden. Für CECE habe ich 25 ausfindig machen können.
      Avatar
      schrieb am 01.06.07 18:00:32
      Beitrag Nr. 25 ()
      Antwort auf Beitrag Nr.: 29.577.825 von SeaCloud5 am 01.06.07 17:41:29Wenn Du Dich mal so richtig reinlesen willst...
      Hier der aktuelle SEC - Jahresbericht.
      Bei MFRI ist das GJahr am 31. Januar 2007 zuende gegangen:
      http://www.sec.gov/Archives/edgar/data/914122/00009141220700…

      Bei CECE kann man sich den als pdf runterladen:
      http://www.cecoenviro.com/CECO/Reports.html
      Avatar
      schrieb am 04.06.07 14:27:44
      Beitrag Nr. 26 ()
      CECO Environmental Announces Three New Orders Totaling Approximately $3.6 Million
      Bookings for May Exceed $25 Million
      Bookings for The Year Now Stand at Approximately $95 Million

      NEW YORK, June 4 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received three new orders totaling approximately $3.6 million.

      Rick Blum, President and Chief Operating Officer, stated, "These orders were secured by our Effox, Kirk & Blum, and CECO Abatement subsidiaries. They include dampers and expansion joints for the power industry, equipment for boiler emission control, and equipment for the ethanol industry."

      Phillip DeZwirek, Chairman and Chief Executive Officer of CECO, stated, "Bookings for the month of May were approximately $25.3 million. Bookings for the year stand at approximately $95 million. This compares favorably to last year when bookings at the end of the month of May stood at approximately $61.3 million."
      Avatar
      schrieb am 04.06.07 16:12:28
      Beitrag Nr. 27 ()
      RT 13,24 USD

      Der Betrag von 13,24 USD entspricht 9,8169 EUR
      Avatar
      schrieb am 14.06.07 15:08:13
      Beitrag Nr. 28 ()
      Man kann tatsächlich anhand der Seitenaufrufe hier an 1 bis 2 Händen abzählen, wieviele sich für diesen Titel interessieren. Es ist ein Jammer! :keks:
      Avatar
      schrieb am 16.06.07 09:44:17
      Beitrag Nr. 29 ()
      Aktuell hat MFRI eindeutig die Nase vorn. Aber die Kurse sind oft recht volatil und vermtl sehr von den QBerichten abhängig. Der letzte von CECE hat wohl etwas enttäuscht, der von MFRI war sehr viel besser als deren vorletzter. An der längerfristigen Entwicklung ändert das aber nicht so sehr viel:
      http://isht.comdirect.de/html/detail/main.html?toDelete=&asc…
      Ende des Monats ist das nächste Quartal für CECE zu Ende, Ende Juli für MFRI. Wahrscheinlich wird dort auch viel hin- und hergesprungen.
      Grundsätzlich kann ich mit CECE etwas mehr anfangen - ich habe keine Idee, wie sich die MFRI Pumpensparte weiterentwickelt, aber für das gemeinsame Luftfiltergeschäft bin ich mittel- und längerfristig optimistisch.
      Avatar
      schrieb am 19.06.07 12:43:44
      Beitrag Nr. 30 ()
      Antwort auf Beitrag Nr.: 29.950.547 von cmeise am 16.06.07 09:44:17Für mich ist die Zukunft des Luftfiltergeschäfts auch sehr viel Bauchgefühl... Ich glaube und hoffe, dass sich in Sachen Klimaschutz global etwas tun wird.
      Avatar
      schrieb am 03.08.07 20:50:10
      Beitrag Nr. 31 ()
      CINCINNATI, Aug. 3 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, will hold its quarterly conference call to discuss second quarter results on Thursday, August 9, 2007, at 8:30 a.m. Eastern Daylight Time (9:30 a.m. Central Time).
      Avatar
      schrieb am 09.08.07 07:08:46
      Beitrag Nr. 32 ()
      Antwort auf Beitrag Nr.: 31.012.202 von cmeise am 03.08.07 20:50:10Was haltet ihr davon???
      CECO Environmental Reports Record Second Quarter and Six Month 2007 Results
      Wednesday August 8, 5:19 pm ET
      Six Month Revenues Increase 83% to $102.7 Million
      Six Month Operating Income Increases 200% to $5.8 Million


      NEW YORK, Aug. 8 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE - News), a leading provider of industrial ventilation and pollution control systems, today announced record second quarter results for the period ended June 30, 2007.
      Financial highlights for the second quarter of 2007 compared to the second quarter of 2006 include:


      Net sales increased 87% to $59.2 million;
      Gross profit increased 77% to $9.9 million;
      Operating income increased 167% to $3.3 million;
      Net income - $1.1 million GAAP (decrease of 27%);
      $1.9 million non-GAAP (increase of 620%);
      Earnings per diluted share - $0.08 GAAP (decrease of 33%);
      $0.14 non-GAAP (increase of 600%)

      CECO's second quarter 2006 reported results include $1.3 million in non- cash income from the valuation of warrants and CECO's second quarter 2007 reported results include a non-cash interest charge of $740,000 related to the unamortized discount on subordinated debt which was expensed due to retirement of the debt using proceeds from a secondary stock offering.

      The adjustments to non-GAAP net income and non-GAAP earnings per diluted share are detailed in the tables below.

      Financial highlights for the six months ended June 30, 2007 compared to six months ended June 30, 2006 include:


      Net sales increased 83% to $102.7 million;
      Gross profit increased 82% to $17.7 million;
      Operating income increased 200% to $5.8 million;
      Net income - $2.3 million GAAP (increase of 177%);
      $3.0 million non-GAAP (increase of 384%);
      Earnings per diluted share - $0.18 GAAP (increase of 157%);
      $0.24 non-GAAP (increase of 380%)

      CECO's reported results for the six months ended June 30, 2006 include $200,000 in net non-cash income from the valuation of warrants and CECO's reported results for the six months ended June 30, 2007 include a non-cash interest expense of $740,000 related to retirement of subordinated debt.

      The adjustments to non-GAAP net income and non-GAAP earnings per diluted share are detailed in the tables below.

      Backlog as of June 30, 2007 was $124 million compared to $97.1 million as of December 31, 2006.
      Avatar
      schrieb am 09.08.07 08:05:55
      Beitrag Nr. 33 ()
      Antwort auf Beitrag Nr.: 31.089.285 von nicole06 am 09.08.07 07:08:46Die Zahlen sind doch sehr gut - rechnet man die 1,3 Mio aus 2006 heraus ergeben sich überall erhebliche Wachstumsraten. Bei steigendem Umsatz eine verbesserte op Marge.
      Avatar
      schrieb am 09.08.07 17:12:36
      Beitrag Nr. 34 ()
      Antwort auf Beitrag Nr.: 31.089.516 von cmeise am 09.08.07 08:05:55In einem sehr schlechten Umfeld liegt CECO jetzt mit gut 3 % im plus.
      Avatar
      schrieb am 10.08.07 11:14:49
      Beitrag Nr. 35 ()
      Antwort auf Beitrag Nr.: 31.098.580 von cmeise am 09.08.07 17:12:36Der einzige grüne Titel in meinem Depot... es ist wirklich erstaunlich!
      Avatar
      schrieb am 12.08.07 11:57:37
      Beitrag Nr. 36 ()
      Antwort auf Beitrag Nr.: 31.111.356 von SeaCloud5 am 10.08.07 11:14:49Naja, wie gewonnen, so zerronnen. Aber ich finde die Zahlen trotz allem sehr gut - sie haben wohl auch Schulden getilgt und darüber ihre ganze Finanz/Kreditsituation verbessert. Das dürfte in den jetzigen Zeiten auch recht positiv sein. Auf die reinen Umsatzsteigerungen kann man wohl nicht so furchtbar viel geben, da ist ja auch einiges "zugekauft" - aber die net income marge hat sich auch weiter verbessert. Mittelfristig bleibe ich ganz optimistisch.
      Avatar
      schrieb am 03.09.07 16:46:12
      Beitrag Nr. 37 ()
      Avatar
      schrieb am 11.09.07 14:51:38
      Beitrag Nr. 38 ()
      CECO Environmental Announces Ten New Orders Totaling Approximately $5.5 Million
      Bookings Through August Surpass $130 Million
      kbd/Technic Opens New Office in Greenville, SC


      NEW YORK, Sept. 10 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received ten new orders totaling approximately $5.5 million.

      Rick Blum, President and Chief Operating Officer, stated, "These orders were secured by our Kirk & Blum, Busch International, H.M. White, Effox, and CECO Abatement subsidiaries. The work goes into the rubber, automotive, aluminum, power, and ethanol industries."

      Phillip DeZwirek, Chairman and Chief Executive Officer, stated, "New bookings through August have reached $130 million. This compares to $96 million at the same point last year."

      Mr. Blum added, "We are pleased to announce that as of September 4th our kbd/Technic subsidiary has opened a new office in Greenville, SC. We have opened this office because we see increasing demand for the quality industrial ventilation and air pollution control services of kbd/Technic in the southeastern United States."
      Avatar
      schrieb am 24.09.07 11:13:13
      Beitrag Nr. 39 ()
      Endlich kommt Schwung in den Kurs! Freut sich denn hier noch jemand mit? :D
      Avatar
      schrieb am 25.09.07 18:01:51
      !
      Dieser Beitrag wurde moderiert. Grund: Spammposting
      Avatar
      schrieb am 25.09.07 23:39:32
      Beitrag Nr. 41 ()
      Antwort auf Beitrag Nr.: 31.718.667 von SeaCloud5 am 24.09.07 11:13:13:)
      Avatar
      schrieb am 11.10.07 15:40:01
      Beitrag Nr. 42 ()
      CECO Environmental Receives 14 New Orders Totaling Approximately $7.6 Million
      Year-To-Date Bookings Reach $145.5 Million


      NEW YORK, Oct. 11 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received 14 new orders totaling approximately $7.6 million.

      Rick Blum, President and Chief Operating Officer, stated, "These orders were received by our Kirk & Blum, H.M. White, and Effox subsidiaries. They are for equipment that will go into the gypsum, foundry, aluminum, steel, automotive, and power industries. Nine of these orders, totaling approximately $2.8 million, were received by our Effox subsidiary which we acquired March 1st of this year. Effox has been totally integrated into the CECO family and we could not be happier with the performance of the latest addition to our family of companies."

      Phillip DeZwirek, Chairman and Chief Executive Officer, stated, "Bookings for the year have now reached approximately $145.5 million. We did not reach that level until December last year."
      Avatar
      schrieb am 02.11.07 12:00:33
      Beitrag Nr. 43 ()
      November 01, 2007
      CECO ENVIRONMENTAL ACQUIRES GMD ENVIRONMENTAL TECHNOLOGIES, INC.

      NEW YORK, November 01, 2007 - CECO Environmental Corp (NASDAQ: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has completed the acquisition of GMD Environmental Technologies, Inc. in an all cash transaction. GMD, located in Ft. Worth, Texas, designs and manufactures many types of air pollution control equipment for a variety of industries. It also designs and manufactures equipment and systems used to treat contaminants in exhaust air streams. Specialized sand recycling equipment is designed and manufactured for the foundry industry.

      Rick Blum, President and Chief Operating Officer, stated, “We are delighted to have GMD as part of the CECO family. GMD is a quality company with a well deserved reputation in the pollution control industry. We are also happy to announce that Jerry Reier, GMD’s President, will continue to run the company after the acquisition. Jerry is a well recognized expert in a number of aspects of air pollution control -- we are pleased to have him and his team now become part of the CECO team.”

      Phillip DeZwirek, Chairman and CEO of CECO stated, “GMD had sales in its last fiscal year of approximately $7 million. We expect this acquisition to enhance both our revenues and our earnings. GMD has a backlog of over $3 million. More importantly, we are continuing our ‘horizontal integration’ strategy of adding more products and services to those we already offer our customers.”
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      schrieb am 02.11.07 18:42:28
      Beitrag Nr. 44 ()
      Aus dem Yahoo - Board vom User zznpollzz:

      Needham analyst Theodor Kundtz came out with a report regarding this acquisition AFTER I posted my message. Here is what he has to say ( I got this from the Bloomberg Professional):

      Yesterday Ceco Environmental announced the acquisition of GMD Environmental Technologies, a company that is involved in the design, engineering and manufacturing of environmental equipment for air pollution control. The company appears to be a nice horizontal acquisition, specializing in acid gas treatment, hazardous dust conditioning, off-gas cooling, and solid waste recycling. Ceco is paying ~$3mm for GMD, which had sales of $7mm in FY06, currently has a backlog of over $3mm, and has margins that are higher than Ceco's. While we expect the acquisition to be mildly accretive in FY08, we are leaving our estimates unchanged and look forward to the company's earnings call. We reiterate our BUY rating.

      -Impressive Acquisition Track Record. Ceco's management has proven itself quite adept at paying a fair price for smaller companies, and successfully expanding the acquisitions' business. Effox is a case in point-managementestimates that the company, which had sales of $20mm when acquired, could produce sales of close to $40mm this year.

      -Financial Flexibility. Ceco is now debt free, giving the company greater leverage on the acquisition front. Management has expressed its intention to continue its active pursuit of acquisitions.

      -Recent Orders. In early October the company announced 14 new orders worth ~$7.6mm ($2.8mm from Effox). This brought bookings at the time to $145.5mm, well ahead of last year.

      -Valuation. We believe CECO deserves a slight premium to its peer group given its higher growth rate. We maintain our $16 price target.
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      schrieb am 07.11.07 14:50:53
      Beitrag Nr. 45 ()
      CECO Environmental Receives 19 New Orders Totaling Approximately $15.1 Million
      Indian Subsidiary Receives Significant Order
      Year-To-Date Bookings Reach $165.2 Million


      NEW YORK, Nov. 6 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received 19 new orders totaling approximately $15.1 million.

      Rick Blum, President and Chief Operating Officer, stated, "These orders were received by our Kirk & Blum, H.M. White, CECOaire, Effox, and CECO Filters India subsidiaries. They involve work for the automotive, chemical, silicon, and power industries. We are especially pleased to be able to report that our Indian subsidiary has received one of its largest orders ever. Our business there, while still small, continues to grow."

      Phillip DeZwirek, Chairman and Chief Executive Officer, stated, "Our relatively new Effox subsidiary continues to book new business at a record pace. For the whole corporation, bookings now stand at approximately $165.2 million. At the end of October last year they stood at $126.8 million."
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      schrieb am 12.11.07 15:55:05
      Beitrag Nr. 46 ()
      Ceco Environmental Q3 GAAP Earnings Double From Last Year; Sales Up 73% - Quick Facts
      (RTTNews) - Ceco Environmental (CECE) on Monday reported third quarter GAAP net income of $2.2 million or $0.14 per share, up from $1.1 million or $0.08 per share in the prior year quarter.
      Non-GAAP net income for the period rose to $2.2 million or $0.14 per share from $0.7 million or $0.05 per share a year-ago.
      On average, four analysts polled by First Call/Thomson Financial expected the company to report earnings of $0.12 per share.
      Net sales increased 73% to $65.3 million from $37.7 million in the previous year quarter. Four Wall Street analysts expected revenues of $58.78 million.
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      schrieb am 15.11.07 00:08:00
      Beitrag Nr. 47 ()
      Antwort auf Beitrag Nr.: 32.394.444 von cmeise am 12.11.07 15:55:05Eigentlich immer nur gute Nachrichten. Und trotzdem kommt keine Bewegung in den Kurs... :(
      Avatar
      schrieb am 15.11.07 09:56:40
      Beitrag Nr. 48 ()
      Antwort auf Beitrag Nr.: 32.431.951 von SeaCloud5 am 15.11.07 00:08:00Ja stimmt. Aber man kann es auch andersrum sehen: Überall wird im Moment reichlich Luft rausgelassen und die Bewertungen "realistischer". Gerade die Amis haben manchmal KGV's jenseits von Gut und Böse. Ceco hat nach 9 Monaten 0,33 Cent verdient, zum Jahresende wohl etwas über 40 USCent. Das gibt bei dem jetzigen Kurs ein KGV von 30. So gesehen wächst die Aktie in den Kurs. Schau Dir beim "Konkurrenten" MFRI an, was passiert, wenn mal was schief geht.
      Avatar
      schrieb am 21.11.07 01:34:43
      Beitrag Nr. 49 ()
      kann mir jmd. erklären, warum die aktie nach den quartalszahlen so nachgibt, obwohl die erwartungen übertroffen wurden ?

      geht es um schlechtere zukunftsaussichten ?
      schlechtere rahmenbedingungen seitens us regierung ?

      versteh dat nicht :keks:
      Avatar
      schrieb am 21.11.07 09:48:47
      Beitrag Nr. 50 ()
      Antwort auf Beitrag Nr.: 32.504.233 von joggergum am 21.11.07 01:34:43Es wird wohl die Aussicht einer fetten Rezession in den USA eingepreist. Gewinnmitnahmen müssten bald vorbei sein - da gibt es nicht mehr viele Gewinne.
      Avatar
      schrieb am 21.11.07 10:15:27
      Beitrag Nr. 51 ()
      Antwort auf Beitrag Nr.: 32.505.700 von cmeise am 21.11.07 09:48:47Ich bin leider draußen. Hätte schon Gewinne mitnehmen können und wurde stattdessen im Verlust ausgestoppt. Damit hatte ich eigentlich nicht gerechnet. Blöd!
      Avatar
      schrieb am 21.11.07 14:44:02
      Beitrag Nr. 52 ()
      Antwort auf Beitrag Nr.: 32.506.130 von SeaCloud5 am 21.11.07 10:15:27Tja, vielleicht geht es noch weiter runter, ist ja eine richtige Panik zur Zeit. Aber den Wert würde ich zumindest auf der Watchlist behalten. Schuldenfrei, gut ausgelastet etc. - eigentlich sollten die auch Krisen einigermassen überstehen können. Das mit den entgangenen Gewinnen weiss man dann leider immer erst hinterher...
      Avatar
      schrieb am 29.11.07 18:18:32
      Beitrag Nr. 53 ()
      CECO Environmental Receives 10 New Orders Totaling Approximately $13.5 Million
      New Office Opened in Mexico
      Bookings for November Approach $20 Million


      NEW YORK, Nov. 29 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has secured 10 new orders totaling approximately $13.5 million.

      Rick Blum, President and Chief Operating Officer, stated, "These orders were secured by our Kirk & Blum, Effox, CECO Filters, H.M. White, CECO Abatement, and Busch International subsidiaries. They involve projects for the power, food processing, automotive, ethanol, and aluminum industries. The largest of the projects, secured by H.M. White, involves energy management work for a foreign owned automotive facility in the United States. The second largest, also secured by H.M. White, is a mist collection system for an automotive facility in Mexico."

      Phillip DeZwirek, Chairman and Chief Executive Officer, stated, "We are especially pleased to announce the new order in Mexico. CECO recently opened an office in Mexico City which it plans to move to Monterrey in the near future. We expect to increase the level of business that we do in that country. Our newest acquisition, GMD, also has a long track record of doing business in Mexico. I am also happy to announce that, for the second month in a row, our bookings are approximately $20 million. Bookings for the year have now reached $183 million."
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      schrieb am 11.01.08 23:53:00
      Beitrag Nr. 54 ()
      Avatar
      schrieb am 21.02.08 18:14:28
      Beitrag Nr. 55 ()
      CECO Environmental Acquires Fisher-Klosterman, Inc.

      NEW YORK, Feb. 21 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has agreed to acquire Fisher-Klosterman, Inc. in a transaction involving cash and stock. The acquisition of Fisher-Klosterman, headquartered in Louisville, Kentucky, also includes its Buell Division, located in Lebanon, Pennsylvania, and most significantly, Fisher-Klosterman's 40,000 sq. ft. sales and manufacturing facility in Shanghai, China. Fisher-Klosterman's businesses consist of producing cyclones, as well as classifiers, electrostatic precipitator parts and service, air filtration equipment, and scrubbers. These products are utilized for air pollution control and particulate recovery in industries including petroleum refining, power production, petrochemicals, and manufacturing.

      Rick Blum, President and Chief Operating Officer, commented, "We're delighted to have Fisher-Klosterman as part of the CECO family. They have been our neighbor in Louisville for many years. It is a company we know well and respect."

      Phillip DeZwirek, Chairman and Chief Executive Officer, commented, "Fisher-Klosterman had sales last year of $35.3 million. We expect this acquisition to be accretive to both CECO's revenues and earnings. We are also excited at acquiring an established platform in China from which not only to produce and sell Fisher-Klosterman products but also the wide variety of CECO's products and services. CECO intends to actively pursue its goal of consolidating the air pollution control industry by acquisition as well as adding new planks to our turnkey platform."

      http://www.fkinc.com/fki/
      Avatar
      schrieb am 11.03.08 10:05:42
      Beitrag Nr. 56 ()
      CECO Environmental Reports Record Fourth Quarter and Full Year 2007 Results

      Annual Revenues Increase 74.3% to $235.9 Million
      Annual Operating Income Increases 109% to $12.6 Million


      NEW YORK, March 10 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of industrial ventilation and pollution control systems, today announced record fourth quarter and full year results for the period ended December 31, 2007.

      Financial highlights for the fourth quarter of 2007 compared to the fourth quarter of 2006 include:

      Net sales increased 63.8% to $68.0 million;
      Gross profit increased 39.8% to $11.5 million;
      Operating income increased 13.7% to $2.8 million;
      Net income - $1.8 million, a 51.4% increase over 2006;
      Earnings per diluted share increased 33.3% to $0.12 from $0.09 in 2006.

      Financial highlights for the twelve months ended December 31, 2007 compared to twelve months ended December 31, 2006 include:

      Net sales increased 74.3% to $235.9 million;
      Gross profit increased 67.7% to $40.4 million;
      Operating income increased 108.9% to $12.6 million;
      Net income GAAP - $6.3 million (increase of 103.8%);
      Net income non-GAAP - $7.0 million (increase of 204%);
      GAAP Earnings per diluted share - $0.45 (increase of 87.5%);
      Non-GAAP Earnings per diluted share $0.50 (increase of 256%).

      CECO's reported results for the twelve months ended December 31, 2006 included $842,000 in net non-cash income from the valuation of warrants and CECO's reported results for the twelve months ended December 31, 2007 include a non-cash interest expense of $740,000 related to retirement of subordinated debt.

      The adjustments to non-GAAP net income and non-GAAP earnings per diluted share are detailed in the tables below.

      Backlog as of December 31, 2007 was $85.5 million compared to $97.1 million as of December 31, 2006.

      Chairman and CEO, Phillip DeZwirek, stated, "Our fourth quarter results mark our eighth consecutive quarter over quarter of record revenues and gross profitability. After eliminating those certain non-cash income and expense items related to the valuation of warrants and the related subordinated debt discount discussed above, our adjusted results for the quarters and twelve month periods more accurately reflect our significant progress."

      Mr. DeZwirek continued, "Our gross profit margin percentage declined slightly for the year as anticipated due to the lower gross margin on our large automotive project. It is important to note, however, that our operating margin percentage and dollars have continued to increase as expected. We anticipate that both gross and operating margin percentages will increase in the future as the large project is completed and anticipated new higher margin contracts are completed."

      Rick Blum, COO, commented, "Our order flow this year has remained consistently strong with bookings through December 2007 of over $199.7 million plus acquired backlog from Effox and GMD of $24.6 million for a total of $224.3 million compared to $203.6 million through December of 2006, which included a large $50 million order received in December. Our backlog at December 31, 2006 excluding this large order was $47.1 million and our backlog at December 31, 2007 was $85.5 million.

      It is also worth noting that we recently announced the acquisition of Fisher-Klosterman, Inc ("FKI") and that we continue to search for acquisition candidates that fit into our turn-key strategy of horizontal and vertical integration."
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      schrieb am 22.04.08 17:31:56
      Beitrag Nr. 57 ()
      CECO Environmental Announces 33 New Orders
      Fisher-Klosterman China Operation Books Significant Contract


      NEW YORK, March 31 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has booked 33 new orders, each of which has a value of over $200,000.

      Rick Blum, President and Chief Operating Officer, commented, "As usual, our orders are coming from a wide variety of industries. The largest order, which is in excess of $2.5 million, was received from an automotive company. Another significant order was received from a tire manufacturer. The rest of the business came from the metals, power, electric equipment, ethanol, steel, aluminum, gypsum, refining, and copper smelting industries."

      Phillip DeZwirek, Chairman and Chief Executive Officer, commented, "Fisher-Klosterman's China operation booked a significant order just last week. We are seeing ever increasing quoting activity in China and have already had established CECO customers visit the facility. Now that Fisher- Klosterman is part of CECO, we are in the process of establishing that facility as CECO Filters' manufacturing base in China along the lines of the facility that CECO Filters already has in India."




      CECO Environmental Announces Seven New Orders Totaling $5 Million


      CINCINNATI, April 21 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received seven new significant orders totaling approximately $5 million.

      Rick Blum, President and Chief Operating Officer, commented, "These orders were secured by our Kirk & Blum, Fisher-Klosterman, Effox, and H.M. White subsidiaries. They involve work in the automotive, power, minerals, and foundry industries. The largest order is for oil mist collection equipment for an automotive related company. The project, secured by Kirk & Blum, will feature fiber bed mist collectors utilizing CECO Filters' fiber bed technology."

      Phillip DeZwirek, Chairman and Chief Executive Officer, commented, "The mist collection project is another example of our vertical integration strategy working. Two of our companies, working together, are providing a complete turnkey solution for this customer."
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      schrieb am 05.05.08 15:39:21
      Beitrag Nr. 58 ()
      CECO Environmental Announces Eight New Orders Totaling $8.2 Million

      Orders Include Equipment Being Shipped to Saudi Arabia and Japan


      CINCINNATI, May 5 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received eight new orders totaling approximately $8.2 million.

      Rick Blum, President and Chief Operating Officer, commented, "These orders were secured by our Kirk & Blum, Busch International, H.M. White, and Fisher-Klosterman subsidiaries. They include equipment being supplied to the refining, foundry, steel, aluminum, and automotive industries."

      Phillip DeZwirek, Chairman and Chief Executive Officer, commented, "Securing business in Saudi Arabia and Japan is a step toward achieving our objective of growing our international business. Projects like these, coupled with the fact that we now have a manufacturing facility in China as well as one in India, make us confident that the international component of our business will continue to be a significant growth driver."
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      schrieb am 08.05.08 16:56:15
      Beitrag Nr. 59 ()
      CECO Environmental Reports First Quarter 2008 Results

      CINCINNATI, May 8 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of industrial ventilation and pollution control systems, today announced first quarter results for the period ended March 31, 2008.

      Financial highlights for the first quarter of 2008 compared to the first quarter of 2007 include:

      -- Net sales increased $3.4 million or 7.8% from $43.5 million to a
      record $46.9 million;
      -- Gross profit decreased $1.2 million or 15.2% from $7.8 million to $6.6
      million;
      -- Operating income decreased from $2.5 million to an operating loss of
      $735,000;
      -- Net income decreased $1.7 million to a net loss of $575,000; and
      -- Loss per diluted share was $(0.04) compared to earnings of $.08 per
      diluted share.


      Backlog as of March 31, 2008 was $91.4 million compared to $85.5 million as of December 31, 2007.

      Richard Blum, President and COO stated, "We are satisfied with these results considering that there are mitigating factors which affected our reported profitability. The large project we have been discussing throughout 2007 encountered changes in customer scope and difficult site conditions which caused us to incur additional unbudgeted costs. We anticipate that we will recover these costs but we will not record the revenue until all the revenue recognition criteria have been met."

      Chairman and CEO, Phillip DeZwirek, stated, "Our first quarter in 2007 was a record quarter in all respects which makes for a difficult comparison this year. Historically, our first quarter has always been our weakest quarter due to the seasonality of our business. These 2008 results are more in line with our traditional first quarter performance and we are encouraged about the prospects for the remaining year. We are optimistic about the contributions of our newly acquired entities and we will continue to pursue our strategy of vertical and horizontal integration."


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