Home / Knowledge / News / Apparel/Garments / OmniaLuo rated 'Speculative Buy,' with target price of $3.90
OmniaLuo rated 'Speculative Buy,' with target price of $3.90
15
Apr '08
OmniaLuo has been rated Speculative Buy with a price target of $3.90 by Beacon Equity Research Analyst Victor Sula, Ph.D.

In the available report, the analyst writes, "Going forward, we expect OmniaLuo to report 77 percent revenue growth in 2008 and 50 percent growth in 2009, with sales reaching $21 million by year-end 2009. We also anticipate the Company's focus on growing its higher margin distribution channels will result in overall gross margin gains ...

We believe OmniaLuo warrants a valuation at the high end of the peer group range because of its rapid growth, improving brand visibility, China's rising demand for high-end apparel, the rollout of new product lines and the aggressive retail store expansion program."

Other companies in the clothing sector include Gap Inc, Liz Claiborne, Ann Taylor Stores Corp., and True Religion Apparel Inc.

Beacon Equity Research Disclosure:
The analysts contributing to this report do not hold any shares of OmniaLuo (OLOU). Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers.

The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directlyor indirectly, related to the specific recommendation or views expressed by the analysts in the report.

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