lol - One guy on the BRT board hasn't done particularly well in...

  1. 2,239 Posts.
    lol - One guy on the BRT board hasn't done particularly well in the past, however, they have an international team running the show now. All companies that they have purchased are profitable and some have been around quite a few years. They have maintained the management of the acquired companies and the management of these companies took a mixture of cash and BRT shares when they sold their companies to BRT. BRT have a diversity of companies in the toy sector with manufacturing, design and distribution and in qa multitude of countries. They have rights to icons such as Golden Books. They own a company which has huge potential (and is currently profitable) that being the marshmallow line.
    Bernstein and the "Velde" guy believe that toy sales will not be significantly affected if/when there is a slow down in the Yankee market.
    BRT currently have more than 250 products on the market now and everything should be bedded down beautifully for this coming XMas.

    I will stick to my forecast of around AUD$30mill revenue with approx. $5mill profit for BRT for next financial year. On a reasonable PE of around 15 BRT should have a share price of around 60c later next year, assuming the oppies haven't been converted.

    Good times coming with this company...
 
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