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Biotech / Medical : Trinity Biotech (TRIBY) -- Ignore unavailable to you. Want to Upgrade?


To: whynag who wrote (14320)3/5/2006 7:35:14 PM
From: stock_hound  Read Replies (1) | Respond to of 14328
 
This stock began a bullish runup last week. Is currently at $9.20 (was $8.40). Brendan Farrel, Trinity Biotech President presented an over at the Roth Capital Patners Growth Stock Conference on 2/20/06. His presentation provided a detailed overview of the markets and products for TRIB. The bottom line is 20%+ CAGR, Operating Earning Goal = 12% (short term goal). Business for FDA approved Uni-Gold HIV product is booming (7 million people tested with this test in 2005). Revenue projected to be $98M 2005 and $115M 2006 with improving operating earnings. A rough calculation would show that EPS should improve from est $0.36 in 2006 to about $0.60 in 2007 if they are successful in getting to the operational earnings level they had prior to 2004. I've owned this stock for a while and have seen two runups to the $26 ($6.50 prior reverse split). The technicals look very good on TRIB as well. To view the TRIB press release go to "presentations" on the TRIB web-site.