STOCK OF THE WEEK: TOMPKINS PLC

Tomkins (TKS) is an international engineering business holding the market leader position in power transmissions (40% share). It is also the world’s largest wiper blade manufacturer. Listed on both the London and NY stock exchanges, the company is organized into two business segments; Industrial & Automotive; and Building Products, consisting of various business areas which operate in a variety of end markets throughout the world.

The Industrial & Automotive division manufactures several systems and components through 4 business areas; Powertrain is working hard to develop technology which addresses our main issue today, fuel economy, safety legislation, and the tightening emissions requirements.

The Building Product division manufacturers air handling components, vinyl and aluminum windows and doors, bath fixtures and other building components for residential and non-residential. The rebuilding in the Gulf Coast could benefit this division.

Founded in 1925 and headquartered in London the company has sales of approximately 3 billion and employs 40,000 people throughout the world. An acquisition in 1996 brought the company global standings.

Closing on Friday, Sept. 9th at $21.41 the company is just slightly off of their 52 week high of $22.48 on 2/15/05. Their 52 wk low fell to $18.24 on 10/4/04. At 12 times earnings, Tomkins stock trades at a significant discount to their competitors.

CEO, Jim Nicol has set their business focus on manufacturing excellence, the steady emphasis on developing new products and expanding into new markets.

It looks like fuel conservation and rebuilding are going to be the dominate theme for the US economy over the next few years. If you like a company with diversity, Tomkins (TKS) could be a good choice.

STOCK OF THE WEEK: TOMPKINS PLC

Tomkins (TKS) is an international engineering business holding the market leader position in power transmissions (40% share). It is also the world’s largest wiper blade manufacturer. Listed on both the London and NY stock exchanges, the company is organized into two business segments; Industrial & Automotive; and Building Products, consisting of various business areas which operate in a variety of end markets throughout the world.

The Industrial & Automotive division manufactures several systems and components through 4 business areas; Powertrain is working hard to develop technology which addresses our main issue today, fuel economy, safety legislation, and the tightening emissions requirements.

The Building Product division manufacturers air handling components, vinyl and aluminum windows and doors, bath fixtures and other building components for residential and non-residential. The rebuilding in the Gulf Coast could benefit this division.

Founded in 1925 and headquartered in London the company has sales of approximately 3 billion and employs 40,000 people throughout the world. An acquisition in 1996 brought the company global standings.

Closing on Friday, Sept. 9th at $21.41 the company is just slightly off of their 52 week high of $22.48 on 2/15/05. Their 52 wk low fell to $18.24 on 10/4/04. At 12 times earnings, Tomkins stock trades at a significant discount to their competitors.

CEO, Jim Nicol has set their business focus on manufacturing excellence, the steady emphasis on developing new products and expanding into new markets.

It looks like fuel conservation and rebuilding are going to be the dominate theme for the US economy over the next few years. If you like a company with diversity, Tomkins (TKS) could be a good choice.

#