i am happy if they manage to raise ebitda to 900-1000 crs.
otherwise 300 crs on pat , 100 crs dep and tax at 100 crs will wipe out 500 crs from ebitda of present 800 crs levels.
what remains is 300 crs and eps of 27.
yes 500+ is possible but if they raise ebitda to higher levels then it may report 40 eps.
hence we can expect 800+ for wock.
every script there is a broker behind and value in it,becuz i was one of the person who applied IPO in 1992 december 5th , so cool promotor have good cash background that saving wockhardt and in is internal news between banks and promotor,this quarter they show but coming quarters they will perform to lift share price and sell the stock to qip or fii or other issues that they can pay debt and debt equity ratio will come down to 1:1 thats what promotors want never miss this stock when dips below 170
I think Wockhardt`s time to deliver has come. I feel we have held this stock in difficult times and now its showing some positive movement. I feel its going to gain in this month irerspective of sensex. All bad news from company has come and now only positives will flow for wockhardt. i know i m being very optimistic but i m really postive on this.
When it was falling like a pack of cards everyone was positive that someday it will rise again. Now when it is rising everyone including the never say never die wockhard fans Leo the Lion and Tara are becoming pessimists.Why?
products launches in emerging mkts. vaccine launches and H1N1 vaciine launch also biosimiler launches and WHO , PAHO orders will boost revenues and the growth will be robust.