SOHM Inc.: Rated ‘Speculative Buy,’ Target Price $0.33 by Beacon Equity Research
June 11 2009 - 6:00AM
Business Wire
SOHM Inc. (Pink Sheets: SHMN) has been rated Speculative Buy
with a price target of $0.33 by Beacon Analyst, Victor Sula,
Ph.D.
The full report is available at http://www.beaconequity.com.
Anyone interested in receiving alerts regarding SHMN research
should e-mail members@beaconequity.com with �SHMN� in the subject
line.
In the report, the analyst writes, �SHMN produces high quality
pharmaceuticals at a low price and sells them to emerging market
countries�where drugs are greatly needed and not being served by
the major generic drug manufacturers. The Company has a
pharmaceutical manufacturing facility in India offering the lowest
production costs available without sacrificing the quality of the
drugs. SHMN sells its generic pharmaceuticals through a targeted
approach in emerging markets in Africa, Latin America, and
Southeast Asia which currently offer the fastest growth rates for
drugs globally.�
The Beacon analyst also notes, �Based on management business
outlook and our understanding of SHMN�s business model we expect
the Company to report revenues of $1.8 million in 2009, $4.5
million in 2010 and $7.6 million in 2011. � Over the longer-term,
we expect SHNM to maintain double-digits growth rates for both
revenue and earnings, driven mainly by strong organic growth and
acquisitions.�
Other global specialty pharmaceutical companies include: Watson
Pharmaceuticals Inc. (NYSE: WPI), Mylan Inc. (Nasdaq: MYL), Par
Pharmaceutical Companies Inc. (NYSE: PRX) and Teva Pharmaceutical
Industries (Nasdaq: TEVA).
BeaconEquity Research Disclosure
Analysts contributing to this report certify that the views
expressed herein accurately reflect the analysts' personal views as
to the subject securities and issuers. BeaconEquity.com is not a
registered investment advisor and nothing contained in any
materials should be construed as a recommendation to buy or sell
any securities. BlueWave Advisors, LLC has been compensated fifty
thousand dollars from Blue Horseshoe Entertainment, a shareholder
of SHMN, as a marketing budget to manage a comprehensive investor
awareness program including the creation and distribution of this
report as well as other investor relations efforts. This report is
based on data obtained from sources we believe to be reliable, but
is not guaranteed as to accuracy and does not purport to be
complete. Please read our report and visit our Web site,
BeaconEquity.com, for complete disclosures.
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