ST. LOUIS, MO--(Marketwire - Feb 20, 2013) - Murphy Analytics (MA) has initiated coverage on Harvey Westbury Corp. (OTCBB: HVYW). The Initiation Report contains a discussion of HVYW's business operations, market dynamics, macroeconomic data and indicators, financial results, potential cash flows, and risks. The Initiation Report is available at: http://www.murphyanalytics.com/uploads/HVYW_Initiation.pdf.
Analyst Patrick J. Murphy, CFA, notes in the report: "Harvey Westbury Corp. is a distributor of premier marine aftermarket accessories with brand names that include 'Garry's Royal Satin' waxes and Easy-Test carbon monoxide tester kits. The company's premium and unique product line of marine and RV waxes are sold by some of the largest marine distributors in the nation... If HVYW is able to outline and execute a successful growth strategy, the market typically is eager to reward increasing revenue and/or a compelling plan for revenue growth and profitability in a natural and synthetic wax market estimated to have reached $9 billion globally."
About Murphy Analytics
Murphy Analytics is an independent investment research firm providing coverage of microcap stocks. MA helps report readers make informed investment decisions about equities without extensive analyst coverage. MA is owned by Patrick J. Murphy, who has nearly 20 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's.
Disclosure: Neither MA nor the analyst owns or trades the shares of covered companies. MA was compensated $5,000 in advance of the publication of this report. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. This report is neither a solicitation to buy nor an offer to sell securities and is to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and this report does not provide investment advice.