Finally the external noise in the pharma sector is dying a slow death...Confused arent you...yes...what i mean is that the interest in the pharma sector is dying a slow death with Retail Investors...Speculative traders and especially with the business channels losing interest in the pharma sector...The hulla bulla of the outside world have vaporised and vanished for sure is my gut feeling but to note that we still might see the final fall...maybe a new lifetime low which might happen between August and October 2018 ...but i am surely and definitely convinced that the correction is still not over...it can be priced wise or Time wise or Both....Assuming EPS of 22/ to 25/-- for the year 2021/22 and a PE of 15...the price works out to 330/- to 375...and also few bad quarters can see the price of Sun pharma going down to 260/-...but 260/- is the worst basis price and when the pharma sector going through its worst days ...months....years...We have already entered the 4th year of correction from life time high prices...and i feel that one more year of correction price wise is left just incase but Timewise correction might go on for next 2/3 years...in the time wise correction all the remaining left out participants like the value investor...patience investors...their back bone will be broken by holding the stock for years and the sun pharma...drreddy ...lupin stocks doing nothing and going no where price wise and these will be the last lot who will sell all their shares because BOREDOM will get the better of them...
Also when the attention of the Market participants is 100% totally diverted and concentrated towards other performing hot sectors and when the pharma sector is totally neglected it is also a good time to realise that the days of investing in the pharma sector are not far away...
YES once the boredom gets the better of the Patience Investor and so...Finally the days have arrived to increase your exposure in the Pharma sector and that opportunity will not arrive before the year 2021 to 2023....also by that time period the RISK/REWARD ratio will be 10/90 in favour of long term Investing
NOTE: The above article is my personnel opinion and not a recommendation to buy or sell...
Also when the attention of the Market participants is 100% totally diverted and concentrated towards other performing hot sectors and when the pharma sector is totally neglected it is also a good time to realise that the days of investing in the pharma sector are not far away...
YES once the boredom gets the better of the Patience Investor and so...Finally the days have arrived to increase your exposure in the Pharma sector and that opportunity will not arrive before the year 2021 to 2023....also by that time period the RISK/REWARD ratio will be 10/90 in favour of long term Investing
NOTE: The above article is my personnel opinion and not a recommendation to buy or sell...
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