FINANCE & STOCK ADVICE: My View On Wockhardt

About The Company

One of the most renowned and fancied counter among the Health Care division.Its growth in USA has been good. It grew by 222% in the quarter backed by a 123% growth in the base US operations and the balance from Morton Grove. More than 60 products are now marketed in US. In European markets, UK leads the way with a 20% growth.

The management have serious concerns for research & development.During the quarter, the company spent Rs.13.90 crore on R&D, which was an increase on 19% on a YoY. The company for now, has postponed the demerger of R&D division into a separate unit.

About The Financials

The Company has posted results for the period ended 30th September 2008.Net revenue rose on a YoY for Q3 by 25% to Rs. 923.50 crore. Business in India grew 11% while international by 31%. Formulations grew by 26% while bulk by 11%. EBIDTA was up 17% at Rs.210.80 crore. OPM was at 22.8%. But the good story ends here. PAT was down 43% at Rs.62.20 crore. This was mainly on account of a MTM forex loss of Rs.55.30 crore. Interest outgo was also very high at Rs.48.59 crore as against Rs.26.80 crore in last Q3.

About The Stock

The stock touched a new low at Rs.100 and even now, it remains subdued at Rs.108.The stock doesn't seems to be attractive for a good investment opportunity.

Disclaimer : I do not have any personal holding in this stock.

MULTI BAGGER STOCK GROUP

Some of my group's multi bagger picks during the rally were NMDC , MMTC , STC , Larsen ,Jindal Steel & Power , Unitech , BF Utilities , Jai Corporation , Walchand Nagar Industries, RNRL , Reliance Infra (Reliance Energy) etc.

I had been long associated with a corporate engaged in financial services , where with the assistance of specialized tools along with my special analysis as per some historical accepted theories of stock market like W. D. GANN's Theory , Elliot Wave Theory and others are used with reliable insider information of so called " operators" who play a major role to make a stock ,a Multi Bagger ,I do make my gem picks in this market.

I had been running my group , where the associated people get the reliable and most beneficial to get the unexpected return as seen in the above mentioned tips. Say for example the stock called MMTC had jumped from 2000 level to 56000 per share of historical price where the capital appreciated by 28 times in very short period with 2700% return on capital employed. Likewise in RNRL we started accumulating at RS 25 level from where we saw it moving at 250 level giving 10 times with 900% return.

These sort of return is helpful as ,

1. Handsome gain will make a jack to our capital.

2. Limited stocks trade , as daily trade could be avoided , which is more risky.

3. Long term capital gain , so no tax liability.

4. Whole income in white, which could be further deposited into fixed deposit to get assured monthly income later.

5. Strong income tax file without paying any taxes.

Our role here could be summarized as :

1. Giving tips to all registered member at proper time , when the stock is just about to take off, neither too early not too late.

2. Make sure investor do not gt stuck into it.

3. Recommend to exit when the operator is about to leave it.which is the most important work or else the whole accumulated and deemed profit will be washed away along with part of investment and will remain stuck for long - long period.


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My View On Wockhardt