2009-05-26 13:38:12 -
Cereplast Inc. (OTCBB:CERP) has been rated Speculative Buy with a price target of $1.12 by Beacon Analyst, Victor Sula, Ph.D.
The full report is available at www.beaconequity.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..
Anyone interested in receiving alerts regarding CERP research should e-mail members@beaconequity.com : mailto:members@beaconequity.com with “CERP” in the subject line.
In the Beacon Equity : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. report, the analyst writes, “Despite current challenges, the growth potential of CERP’s bioplastics products is enormous. In addition, the Company has fine-tuned its business model to support rapid growth without significant cash outflows. Its proprietary technology, environmentally friendly resins and increasing visibility make CERP a potentially attractive takeover candidate for a larger chemicals and plastics company. We consider the revenue weakness
in Q4 2008 and Q1 2009 to be temporary and expect growth to resume in the second half of 2009 as the Company signs new customers and launches new products.”
Other companies in the basic materials sector include: Praxair Inc.
(NYSE:PX), Albemarle Corp. (NYSE:ALB), Chemical & Mining Co. of Chile Inc. (NYSE:SQM) and International Flavors & Fragrances Inc. (NYSE:IFF).
Beacon Equity Research Disclosure
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. 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.
BeaconEquity is a Web site wholly owned by BlueWave Advisors, which has been compensated five thousand dollars from CERP for this e-mail distribution and has previously been compensated a total fifteen-thousand dollars by a non-controlling third party for previous work done in respect to CERP 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.
BeaconEquity.comJeff Bishop, 469-252-3505
press@beaconequity.com : mailto:press@beaconequity.com www.BeaconEquity.com :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. orCereplast
Inc.Frederic Scheer, 310-676-5000
investor.relations@cereplast.com : mailto:investor.relations@cereplast.com