Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Alliance Pharma (APH), the speciality pharmaceutical company which acquires and licenses established products in niche areas, announced its calendar 2012 results a couple of weeks ago. The numbers contained no nasty shocks. That is no surprise, one of the great attractions of Alliance is that there is a real visibility of revenues. I tipped the shares on my premium Nifty Fifty service at 31p (offer price) in December and they now trade at 36-37p but are still a buy.
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