Electrocomponents (OTCPK:EENEF, OTCPK:EENEY) is a U.K.-listed electrical components supplier with global operations. I don’t think the shares currently offer good value, but the company is a strong operator in a fairly resilient area of demand, so is worth keeping an eye on in case of a more attractive entry point offering itself.
Electrocomponents: A Leading Global Supplier of Electrical Components
The company supplies electrical components to industrial companies and suppliers. Some of these are very simple – little bits of wire and such like. Others are more complex, including finished items like circuit boards. The company catalogue covers hundreds of thousands of items, so can help plug a gap in a supply chain at short need.
One of the good – and bad – things about this is that it is a fairly simple business model both to understand and, in theory, to offer. At a basic level, the company