BRT 0.00% 1.0¢ brainytoys limited

reality check

  1. 14 Posts.
    Hi,

    The thing is, BRT has gone from virtually nothing in sales last calendar year to a projected $20 million for this year.

    We will all know what this company SP is objectively worth when BRT releases their full calendar years sales figures in January 2009.

    If BRT hits their targets for 2008 then this stock is worth 40+ cents imo as the company will have weathered a turbulent year and demonstrated its survival and growth potential.

    BRT has secured large finance lines ($15+ million ) to support its growth, which takes out most of the risks discussed on this board previously.

    It looks like a buyers market out there in toyland at the moment so a mezzanine finance package for opportunistic acquisitions looks like a good move.

    If you want to day trade and hang on every price movement then BRT is not the stock for you.

    BRT is shaping up as a good growth stock with steady earnings ( if they deliver on the projections), so a pretty good mid to long term bet for me.
 
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Currently unlisted public company.

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