Replies to post #375982 on Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

He's full of sh*t.

Epic was bought for $550 million with $120 million in annual revenues.

And that was nearly 7 YEARS ago before inflation went absolutely crazy.

Epic would be purchased for $700 million today if not MUCH MORE.

HOWEVER, revenues are only a SMALL part of the equation.

Cash, debt, assets, liabilities, patents, pipeline, forward looking markets, etc. all play a HUGE role.

There's a reason why Nasrat said we should be valued RIGHT NOW at a MINIMUM 15-20 cents per share and that is using a CONSERVATIVE PE ratio.


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[jour_trader]

No two acquisitions are the same. There are a myriad of complexities that make one acquisition target good for one company, but not the other. Europe generally has a much longer time horizon for payback. Not so much in the US.