SCR

Discussion in 'Stocks' started by tradestrong, Nov 27, 2007.

  1. Simcere Pharmaceutical Group produces and supplies generic pharmaceuticals to the Chinese market. I truly believe that this company will become a huge player many times its current size.

    As the Chinese embrace capitalism more and more, they will end up just like Americans in terms of buying drugs and other medications in a frenzy. Especially with them being discounted drugs, this should serve very well in growing with the Chinese market as the GDP per capita rises.

    Additionally, this company is LOADED with cash. Their current ratio is over 4X and they have excellent current earnings.

    The stock is also greatly undervalued right now I think. This is a growth stock and a value stock at the same time.

    IMO, this will be a great investment long term.