Soyo (CE) (USOTC:SOYO)
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From Jun 2019 to Jun 2024
Dutton Associates updates its coverage of SOYO Group Inc. (OTCBB: SOYO),
reiterating its Strong Speculative Buy rating and 12-month price target
of $2.00. The 14-page report by Dutton Associates senior analyst Paul J.
Resnik, CFA, is available at www.jmdutton.com
as well as from First Call, Bloomberg, Zacks, Reuters, and Knobias and
other leading financial portals. SOYO has proven its ability to source
and successfully distribute quality consumer electronics products using
its own brand names, SOYO and Prive. Its products are now sold at major
retailers and through Web sites throughout the United States, Canada and
Latin America. The Company achieved a 95% gain in revenues in 2007 and
moved from marginal profitability, posting a seven-fold increase in net
income available to common shareholders. SOYO earned fully diluted
earnings per share of $0.06 in 2007 (versus $0.01 in 2006). The Company
has now begun the roll-out of a top-tier product line under the
Honeywell brand name that we believe will support sustainable growth,
profitability, and greater visibility for the Company.
About Dutton Associates
Dutton Associates is one of the largest independent investment research
firms in the U.S. Its 27 senior analysts are primarily CFAs, and have
expertise in many industries. Dutton Associates provides continuing
analyst coverage of 110 enrolled companies, and its research, estimates,
and ratings are carried in all the major databases serving institutions
and online investors.
The current cost of enrollment in our one-year continuing research
program is US $35,000 prepaid for 4 Research Reports, typically
published quarterly, and requisite Research Notes. Dutton Associates
received $35,000 from the Company for 4 Research Reports with coverage
commencing on 1/7/08. The Firm does not accept any equity compensation.
Our principals and analysts are prohibited from owning or trading in
securities of covered companies. The views expressed in this research
report accurately reflect the analyst's personal views about the subject
securities or issuer. Neither the analyst's compensation nor the
compensation received by us is in any way related to the specific
ratings or views contained in this research report or note. Please read
full disclosures and analyst background at www.jmdutton.com
before investing.