Caplin Point: Sales and profits looking great…but where are the cash flows
Dear Sir, Caplin Point is engaged in the business of Pharmaceuticals – producing and marketing wide range of generic formulations and branded products in overseas markets. The company primarily focuses on the emerging markets of Latin America, Caribbean, Francophone and Southern Africa and is today one of the leading suppliers of Pharmaceuticals in these regions. Back in the day, i.e. around 6-7 years back, we used to like the numbers of the company and considered it worthy of investment; however, for…
