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Taro Pharmaceutical Industries Ltd. Message Board

  • doodhaa doodhaa Feb 7, 2013 10:44 AM Flag

    Greenlight's Einhorn sues Apple, seeks bigger payout

    Taro currently has huge cash reserves.
    One year they earn R&D expenses for several years.
    Sun is not going to make purchases through Taro..
    So what remains is to pull out the cash

    Sentiment: Strong Buy

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    • I did not understand everything in your post, except the following 2 things.
      1. If you meant to say that Taro (really Sun), bumped up the R&D in order to reduce the current EBITDA and reap the benefits of this R&D in future years, when supposedly Taro will belong to Sun - YOU ARE VERY VERY RIGHT!
      2. If you meant to say that Sun will loot Taro's cash if and when they own Taro - You are right again. they intend to pay for the merger mostly with Taro's Cash, currently $486.6 Million, expected to be much higher in the near future. Taro is a cash cow

131.80-3.92(-2.89%)Feb 10 4:02 PMEST