San West's (SNWT) Stock Chart Is Very Bullish
SmallCapReview.com a leading site for small cap information is adding San West (OTCBB: SNWT) to its list of stocks “On the Radar”.
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Note: Barchart technical charts currently show a 100% buy for SNWT based on short-term, medium-term and long-term indicators. StockTA shows short-term bullish, medium and long-term very bullish. There is heavy accumulation occurring in SNWT.
San West (SNWT) is a retailer of premier off-road recreational vehicles in Southern California and the Western United States as well as a leading resource in the off-road recreational vehicle arena through aftermarket parts, accessories and its highly successful vehicle repair and maintenance center.
SNWT designs, manufacturers, sells and repairs off-road buggies. San West products are sold through three divisions: at retail store locations; via the online store, and through its growing dealer network.
They are leading the way in the manufacturing of aftermarket performance UTV products that require less maintenance than the off-the shelf varieties. Due to the lack of competent UTV repair shops that specialize in repair these new aftermarket performance products are desperately needed.
The acquisition of Buggy World has richly rewarded SNWT with greatly increased annual revenues and has increased its visibility and presence in the Southern California market. The success of Buggy World is evidenced by the increased number of retail locations within California, and its booming internet presence.
Buggy World, a wholly owned subsidiary of San West Inc., is an established retailer of off-road buggies, buggy parts and accessories. With multiple locations in north and east San Diego as well as Orange County, Buggy World has established exclusive rights to the San Diego County territory with leading mainstream buggy brands and projects to increase that territory with future acquisitions and alliances in the industry.
Letz Go Racing Off-Road Center, a wholly owned subsidiary of San West Inc., is a leading company that develops aftermarket, high-performance accessories for off-road all-terrain vehicles such as Go Karts. This is a $31.5 billion annually (data: Motor Industry Council) motorcycle/ATV market. Specializing in customization and innovation, Letz Go has a devoted following among career racers and serious recreational collectors and riders.
San West Inc. has established its niche in the off-road arena by improving upon buggy manufacturers’ designs and creating customized solutions for buggy racers and recreational riders.
SNWT Investor Highlights
Acquired Buggy World in October 2008, with revenue of $1.6 million for 2007.
Recently announced that part sales and service income for its wholly owned subsidiary, Buggy World, is up 35% in the first nine months of ownership.
Announced that it has signed a LOI to be the exclusive distributor of TrophyKart products for San Diego County. The agreement is estimated to bring between $150,000 and $250,000 in revenue to Buggy World.
Announced that its wholly owned subsidiary, Buggy World, has opened a new location in Fallbrook, California for distribution of buggies and aftermarket off-road recreational parts. SNWT projects Eagle Eye Fabrications to be a $500,000 income stream for the company over the next 12 months.
SNWT recently announced that it has entered into an agreement with TXX Motor Sports that will make their Orange County retail location a dealership for Buggy World.
Announced that its wholly owned subsidiary, Buggy World, has officially launched its new website offering an easily navigated platform as well as a stronger emphasis on sales of parts and products.
SNWT will be giving away a Buggy worth $7995.00 in a drawing that will take place on January 15, 2010.
Entrants can enter the drawing at the Sand Super Show or on the Buggy World website.
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