Bad Toys Holdings, Inc. Rated 'Outperform,' Target $2.13 by Investrend Affiliate Beacon Equity Research
NEW YORK--Nov. 1, 20056, 2005--(Investrend Research Syndicate) Bad Toys Holdings, Inc. (OTCBB: BTYH) has been rated "Outperform," with a price target of $2.13 by Investrend Research affiliate Beacon Equity Research. The report is authored by Senior Research Analyst, Shailesh Dhuri, CFA.The full report is available at http://www.beaconequityresearch.com and http://www.investrendresearch.com
In the report Mr. Dhuri writes, "The Company holds an advantage in its segments of operation as there is no other company that is in both the Ambulance and Motorcycle markets and is also a public entity. It is uniquely positioned to become one of the leaders in the ambulance and medical transportation industry.
With the purchase of Southland Health Services, Inc., effective December 1, 2004, Bad Toys is no longer considered a development stage company. The Company seeks to be a high quality and low-cost producer and provider of products and services. The key component of its growth strategy is to promote market leadership through investing in existing businesses and developing new markets. In the near term, the Company has targeted $85 million in acquisitions.
We have assumed that the free cash flows of the Company will grow at 6.0% per annum outside of our forecast period ending in FY10. Based on these assumptions, we arrive at a long term target price of $2.13, compared to the current price of $0.91."
Beacon Equity Research, LLC is a fee-based, comprehensive investment research firm, focusing primarily on the underserved small-cap sector. All Beacon analysts are seasoned industry professionals and adhere to the CFA Institute's (CFAI) stringent ethics and standards of practice guidelines. Beacon Research does not have any investment banking relationships with any of the companies covered. All analysts are compensated prior to performing their investment research and are not compensated in any way based on the future performance of the equities they follow.
Both Beacon Equity Research and Investrend subscribe to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com. Beacon Research Partners has been compensated $18,000 by Bad Toys, Inc. for 12 months of enrollment in its research program.
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