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Biotech / Medical : DRUG: Dragon Pharmaceutical
DRUG 54.480.0%Oct 31 3:59 PM EST

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To: Golden Bear who wrote (19)3/17/2005 1:13:18 AM
From: konasurfs1968  Read Replies (1) of 28
 
Hello to the DRUG.OB followers,

FYI, Dragon is in the process of updating its website and has just put these latest numbers up. Profit margin went up YOY.

Be aware of short term weakness in the stock price as new insiders will most likely sell some of their new shares (the new CEO holds 31 million shares). In addition, the stock is listed on Berlin-Bremen exchange in Frankfurt. That is a naked short selling haven. I have already seen some sniffing going on as it relates to that.

Kind Regards

Share Outstanding (January 24, 2005):

65,109,004
2003 Full Year Pro-forma Financials

Revenues of $29.7 million
Net profit of $5.6 million (Net profit margin of 18.8%)
Earning per share of $0.09 (based on 65.1 million shares)

2004 First Nine Months Pro-forma Financials:

Revenues of $24.6 million
Net profit of $6.4 million (Net profit margin of 26%)
Earning per share of $0.10 (based on 65.1 million shares)
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