|Joseph Yeo recently posted the following content in the NextInsight forum. His claim to fame was via his stock picks at the start of the year (See: Joseph Yeo: My 5 small-cap picks for 1Q)
Star Pharmaceutical -- which manufactures and sells both western and traditional Chinese medicine (TCM)-formulated prescription drugs -- was listed on 15 Feb 2006 at 35 cts per share.
It registered losses in 2011 and 2012 and turned around with a small profit of S$770k in 2013.
It began to show improved profits in the next 3 quarters in 2014, with S$1.0 mil for 1st qt, S$6.8 mil for 2nd qt and S$681k for 3rd qt.
Below are some reasons why I am vested in this company:
Above are just my thoughts on the company. There are other good reasons why I am vested. If time permits, will share details.
Pls note ... What I expressed are just my thoughts/perceptions and they can be right/wrong. Take care n all the best!
More discussion on Star Pharmaceutical can be found in this forum thread.