Joined: 24/Oct/2006
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Posted: 19/Jun/2007 at 9:26pm
Vishal you mentioned that current PAT can be easily 35-40 crores, but their last quarter profit was 2.28 crores, last years PAT was around 8 crores. so 35-40 crores would mean 300% -400% growth and EPS would be 4 or 5 from the current value of approx 1. taking the PE of 30 (as suggested by you) price would cross 100 very easily..rather it should be 150-200, but the question is:
are you sure that PAT would rise to 35-40 crores??
Edited by tyler_durden - 19/Jun/2007 at 9:28pm
If you aren't fired with enthusiasm, you will be fired with enthusiasm.
Joined: 29/Oct/2006
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Posted: 19/Jun/2007 at 9:23am
The numbers reported are taken from research report by a leading broking house. And that company was itself involved in taking 10.45% stake in this company recently through block deal. I hope by know u must have the got name of the broking house who published report
Joined: 29/Oct/2006
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Posted: 19/Jun/2007 at 9:29am
Tyder I think if the company gets its milestone payment that has been continously being moving around for quite sometime, then getting a PAT of 35 or 40 crores will not be problem.The only thing to watch out for time being is when will the Company will getting that amount.
Joined: 29/Mar/2007
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Posted: 20/Jun/2007 at 1:00pm
Dishman pharma has given more than 50% return in the last 6-8 month time. Hdfc equity fund of Prashant Jain Hold this stock since long time....this stock has a better number q on q
Joined: 29/Oct/2006
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Posted: 20/Jun/2007 at 3:37pm
The milestone payment represents that the company will be getting on achieving the drug development upto the benchmarks set by the contracting partner. Once the drug is developed the company will getting royalty and manufacturing payments whereever the contracting partners will be launching that molecule. However there be some parts of the part of the world where the compantracting partners will be selling the drug individually. Having said that gains will still continue to come even after the milestone payment.
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