range of 2000 toys

I think many people don't realise how large BRT have actually become. They have a range of approx. 2000 toys and have also acquired one of the most popular toy ranges in the US where 300mill+ people live.

Just waiting for announcement indicating finalisation of finance arrangement/capital raising and I expect the brakes will come off the share price.

One of the management have indicated that they expect BRT to become a $2-$3 stock. Initially I believed this to be unrealistic and then I ran a few figures. Let's say they have a revenue of $50mill with a 40% profit margin and 200mill shares listed and with a PE of 15, that should give it a share price of around $1.50.

I personally believe they will absolutely smash the very conservative $20mill revenue amount and I also expect a profit of around $3mill this calender year. On approx. 125mill shares and a PE of 15, a realistic share price is around 35c.

With the shares so tightly held, this share will move very quickly on news of earnings forecast or confirmed buy orders by the likes of Walmart and Target.

As they haven't confirmed expected earnings, given any details about sales agreements and as they haven't confirmed their future funding requirements, BRT share price is looking pretty sluggish.