Sector 10, Inc. announced today that Reovest Growth Research, a wholly owned subsidiary of Reovest Financial, has given the company a Speculative Buy rating with a price target of $0.50. The 10-page report provides investors with an overview of the company, its products, potential within the emergency response industry, as well as the reasoning behind its Speculative Buy rating and $.50 price target.
In the report, the analyst stated, â€œIf management is able to generate three to four million dollars in net income over the next two years, investors could see a valuation range of between $0.50 -$1.00 using a 15xâ€™s P/E multiple in a conservative and cautious environment. We are encouraged that the company is fully reporting and has been making SEC filings on a timely basis. In addition, there does not appear to be a high percentage of toxicity in the float, which is often a problem with penny stocks. What we can say with confidence at this point in time, is that the intrinsic value of the companyâ€™s operations could reflect a valuation upwards to a $0.50 level and beyond over the next twelve months.â€
â€œWe are pleased with the in-depth coverage provided by Reovest Growth Research,â€ commented Pericles DeAvila, Chief Executive Officer of Sector 10, Inc. â€œWe believe the report provides an accurate and compelling narration of all the reasons why we believe Sector 10 has the potential to build value for shareholders over the long term. We encourage investors to read through the report to gain a deeper insight into the various opportunities that make Sector 10 such an exciting company.â€
The research report can be viewed at: http://www.2009stockpicks.com/report.html.
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