MYX 4.78% $5.04 mayne pharma group limited

Just topped up again at 59.5c, page-10

  1. 15,568 Posts.
    lightbulb Created with Sketch. 5623
    IMO the worst is over ...

    The AGM is sure to enlighten us all ...

    People invest in companies for many different reasons... I have mine but I am the first to admit I have made mistakes before; for example:

    I bought Bluescope Steel a few years ago @$3.45 ... it got to around $8 so I sold it thinking what a champion I was ... within a few months it reached $14.50 ... not so smart after all ... hehe

    All I suggest is people look closely at this company's fundamentals; offset those against the possible fine we could face in the USA; then counter that with the enormous holdings the directors have; then compare those items with the huge fall in SP over the last 12 months; then perhaps throw Sanofi's recent declaration of 13.2% increase in the USA market recently; assess the potential further reduced margins in generics due to USA government objectives pertaining to same; then estimate what the new factory 'cost savings' may be in the future and the new drugs being added to the pipeline and I guess derive your own opinion from there ?

    It's not all champagne and chocolates, but it's not all doom and gloom either (again IMO)

    GLTAH
 
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