1 fortune diversified industries inc otcbb fdvi reiterated buy rating and 2 40 price target share statistics symbol ob last trade 01 14 05 0 62 52wk range 46 60 average volume 3m 20 454 market capitalization 63 53 mn source yahoo finance sec filing analyst comment & rationale we maintain our on based latest announcements of q1fy05 results reaffirm the per announced stellar yoy revenue earning growth 145 200 in respectively further confirming its successful transition from a small niche firm to mid sized player following aggressive organic rollup strategy met estimates for all business segments except manufacturing distribution segment believe this discrepancy has minor impact valuation as are expecting major earnings stream start q3fy05 reported were meeting estimate anticipate ongoing robust next quarters is actively seeking new investment opportunities company s core expect gross net margins improve
