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Dougherty’s Pharmacy Inc. (fka MYDP) RSS Feed

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Created
10/19/08
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Ascendant Solutions, Inc.
16250 Dallas Parkway
Suite 205
Dallas, TX 75248

Website 

http://www.ascendantsolutions.com/
Investor Relations
http://www.halliburtonir.com/clients.html

Business Description
Ascendant Solutions, Inc. ("Ascendant") is a value oriented investment firm focused on making equity investments in lower middle-market U.S. companies with annual revenues up to $150 million. Ascendant looks to invest in or acquire pharmacies and businesses in the healthcare, manufacturing, finance and real estate industries. These businesses may require access to capital or capital restructuring due to start-ups, growth, desire to exit or distress situations and many are in need of strategic support to improve operational performance. Ascendant specializes in solving complex transactions where creative and timely solutions can add value to an enterprise.



ASDS Security Details

Proof that ASDS is extremely undervalued 
ASDS in 2004-2005 when PPS averaged about 1.10$  compared to ASDS  PPS now which is .27 cents
O/S
   2004-22,389,000
   2014- 22,601,500
Rev's
   2004-39.2 million
   2014- 25.2 million
Net Income
   2004- 249 thousand
   2014- 1.2 million
Cash
   2004- 1.9 million
   2014  436 thousand
Working Capital
    2004-6.2 million
    2014 1.35 million
EPS
   2004 0.01
   2014 0.06
Book value/Stockholders equity
   2004 2.9 million
   2014 8.5 million
MARKET CAP after 10-k
   2004- 30 million
   2014- 6 million

All of the important metrics are better for ASDS now then they were back in 2004 besides Cash. does this really justify  have a market cap 5x lower now. You can debate that maybe ASDS was overvalued back in 2004-2005 but even so i would split the difference and say ASDS is easily fairly valued today at a 15 million market cap

 




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