Saturday, July 19, 2008 10:08:06 AM
SOYO could gain 200, 300, or 400% if they announce that Best Buy, or Circuit City, or Fry's, or another major electronics chain will carry the Honeywell Altura HDTVs. These TV will range from 47" to a giant 82" HDTV having the highest resolution in the industry.
SOYO has a multi-year relationship with Honeywell whereby SOYO will develop the consumer electronics products for Honeywell. Initially SOYO will produce products compatible with its current core competencies: LCD monitors, HDTVs, portable storage devices, and Bluetooth.
The following link provides a comprehensive background of the SOYO - Honeywell relationship:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=23858842
The complete list of Honeywell-branded products that SOYO is allowed to design/manufacture/market is as follows:
LCD monitors and televisions, front and rear projectors, home audio and video DVD equipment (receivers, AMPS, tuners, VHS recorders, DVD players and recorders, clock radios, bookshelf systems, speakers, and audio intercoms),portable audio/video DVD equipment (boom boxes, portable CD/DVD players, MP3, MPEG, camcorders, and digital recorders), and accessories for television monitors and audio-visual products (cables, surge protectors, Bluetooth, antennas, headphones—wireless and wired, remote controls, and multimedia speakers), IPOD and PC accessories (including portable hard drives and flash drives), wall mounts, set-top boxes, and PC embedded boxes.
The company recently said that it may acquire inexpensive profitable companies having core competencies in other high-value products from the above list to expand its Honeywell offerings.
On July 15, 2008 SOYO announced that it hired a well known IR/PR company to help educate investors about the company's incredible value and potential.
The company also announced on July 15 that it will relocate its headquarters to a nearby facility almost twice as large as the existing one in anticipation of accelerated growth short and long term.
SOYO is extremely undervalued even with the recent gains and it's currently trading at a 4.5 forward PE, 0.2 P/S and 0.2 PEG.
Take a look at SOYO's incredible profitable growth of the last 3 years.
http://finance.yahoo.com/q/is?s=SOYO.OB&annual
SOYO expects to grow revenues over 30% and net income over 100% in 2008:
http://biz.yahoo.com/pz/080519/142959.html
Insiders own over 50% of the company. The float is about 14M shares. The CEO and CFO each returned to the company 600,000 shares in 2007 options to minimize dilution. They've also purchased 1.5M shares at $1.25/share in early April 2008 in a private transaction to help shore up the balance sheet. SOYO has increased revenues, net income, cash, and stockholders equity every year for the last 4 years.
The company expects to move to the AMEX in a few months after the stock climbs to $2. All other AMEX requirements have already been met.
SOYO is a rapidly growing and profitable global provider of Computer, Consumer Electronics, and Home Theater Furniture products and services. I strongly recommend that you begin your due diligence of this excellent company now.
Paul Resnik, the Chartered Financial Analyst from Dutton Associates has rated SOYO astrong speculative buy, with 12 month target price of $2.00/share. The current share price is just $0.45/share.
Company Overview
SOYO is a provider of consumer electronics and information technology products such as LCD monitors, LCD HD televisions,Bluetooth devices, portable storage, and home theater furniture products and services. Headquartered in Ontario, California, with additional sales offices in Latin America, SOYO sells its products through an extensive network of authorized retailers, distributors, resellers, system integrators, VARs, and e-commerce Web sites. Products are sold under the SOYO,Dragon, Onyx, Dymond, Honeywell, Le Vello, and Prive brand names.
SOYO's LCD monitors are available through the following retailers, online retailers and distribution channels: OfficeMax, OfficeDepot Canada, the Brick, Overstock.com, Overrunz, Deltron, Leader Tech,FuTech, icompy, IGM, DBL, Fry's Electronics, Arch Brook Laguna,ECost.com, Amazon.com, Target.com, Bell Micro, Star Computer Group, Jair, and Ceven Corp. SOYO's LCD TVs are available through the following retailers, online retailers and distribution channels: HHGregg Appliance and Electronics, Arch Brook Laguna, Overrunz, DBL, Target.com, Bell Micro, Star Computer Group, American TV, ECost.com, Overstock.com, Rex TV, SixthAvenue Electronics and Wal-Mart Canada.
I encourage you to look at the information on SOYO through the following links:
SOYO Website - http://www.soyo.com/
Dutton Associates (SOYO Analyst) - http://www.jmdutton.com/research/SOYO/index.html
SOYO News- http://finance.yahoo.com/q/h?s=SOYO.OB
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