Although share price drops Visteon is still in a strong position in the Asian parts market

As investors worried about the second global economic crisis, since the end of July this year, Visteon’s share price began to drop sharply. On September 23, 2011, Visteon’s share price has plummeted by 40% to around US$43.

However, industry insiders believe that these investors who gave up Visteon should reconsider because Visteon’s current global sales are 40% from Asia. In 2005, Asian market accounted for only 12% of Visteon’s global sales, indicating that Visteon is in emerging markets. The potential for growth is huge. Visteon’s other assets, including joint ventures in China and South Korea, can reach a stock price of at least US$85.

Analysts believe that due to the rapid growth of sales in Asia and air-conditioning control systems, Visteon’s annual revenue this year will reach US$8.1 billion, US$3.80 per share, and Visteon’s annual revenue in 2012 may reach US$5.56 per share. The stock price rose to 80 US dollars or more. Visteon has huge appeal to its competitors such as Johnson Controls, who may be willing to buy Visteon shares at a price of $90 per share.