Accumulate Dr Datson Labs for long term ( 1 to 3 years ) Its - TopicsExpress



          

Accumulate Dr Datson Labs for long term ( 1 to 3 years ) Its Salient features are (i) FV = 10, (ii) Eq = 109 Cr, (iii) NP in the past has been very meager, (iv) They are in talks with foreign investment firm, Leaders Group Asia, for majority stake for which Leaders Group Asia had sent letter of Interest, (v) Proposal to split the company in 2 companies (a) API and (b) Formulations. If this happens which is most likely, then share holders will gain as they will be allotted shares of New formed company proportionately, (vi) They have applied to Govt. of India for approval of PATENT of 13 anti cancer formulations and (vii) Recently have been awarded Transformational and Come Back Company of the year 2014. Remember it is for long term and day to day fluctuations should not create any panic.I will forecast its price target after it crosses Rs 100 mark.
Posted on: Sun, 11 Jan 2015 07:38:42 +0000

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