Starpharm - A turnaround pharma stock

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9 years 9 months ago #19836 by gangho

Alpha-Hunter wrote: Something is seriously brewing....

With both loss making units sold off for good cash, it is getting more attractive

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9 years 2 months ago #21447 by gangho
Pleasant surprise of the high volume yesterday. What is brewing?

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6 years 8 months ago #23868 by Big Fish
STAR PHARMACEUTICAL has yet to be re-rated by the market. Investors who enter at this current level of 18-19 cents are getting a biz valued at only S$9 million. It's a net cash business holding about S$12+ million!

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6 years 6 months ago - 6 years 5 months ago #24021 by Big Fish
Star Pharm has started buying back shares.

31 Aug:
92,400 shares @ 21.1 cents..

Star Pharm is profitable business, but put on SGX Watchlist and needs to fulfill 2 criteria within 36 months : -- ie, at least 20 cents trading price and a market cap of S$40 million.


The $40 m requirement makes Star Pharm a potentially very sexy stock. Its market cap now is about $10 million.... U think what will happen over the coming months and maybe year or 2.....:) The stock could go up 4X!
Last edit: 6 years 5 months ago by Big Fish.

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6 years 5 months ago #24025 by walterlim
fully agree :)

Just bought more at 22 cents this morning

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6 years 4 months ago #24081 by Big Fish
Walter, it's now 27 cents! not surprising, right?

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