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1-20-2006 CECE - CECO Environmental Corp.
CURRENT PRICE: $6.27
TYPE OF PLAY: VALUE/EARNINGS GROWTH/RECENT NEWS/INSIDER BUYS
Ceco Environmental is a world leader in clean air solutions for industries of all sizes in all sectors. They
market their products and services to the steel, military, aluminum, automotive, aerospace, semiconductor, chemical,
cement, metalworking, glass, and foundry industries through own direct workforce and outside sales representatives in the
United State, Mexico, Canada, Asia, Europe, and South America. Yesterday, the stock traded marginally higher on what we
feel was excellent news. They received yet another contract, this time for 5.5 million dollars. They have consistently
announced contracts since late last year and their last quarterly report showed over 25% growth in their business. Looking
forward, the CEO stated "With our typically strong fourth quarter we are optimistic that 2005 will be a significant improvement
over the prior year". Air pollution will always be an issue, especially in emerging growth markets such as Mexico and China
where growth is robust. We feel that CECE is in the right position to benefit in the near future from this trend. Insiders also bought some shares
yesterday and have been doing so since last year.
LINKS FOR FURTHER READING:
CECE Homepage
SEC filings for CECE
General CECE statistics




