OSK Recommendation: Buy Kotra

Today, Kotra counter closed at 1.36. 2 cents increment after closed at 1.34 yesterday. OSK put a Buy recommendation due to good performance showed by this pharmaceutical company. 12 months target price is at 1.54.

+++:

• Revenue had been increasing.
• Has paid 6 cents gross dividend per share every year since listed.
• Strong brand name. (Axcel, Appeton and Booster)
• Overseas market grew by 28% in FY05.
• Expecting a new factory at the end of 2006.