StockGuru Blog: Dragon International – Reviewing Projections
DRGG – Dragon International Group Corp. Stock Guru Profile DRGG Equity Stock Analysis Report on Dragon International In light of the recent acquisition of the herbal medicinal business by DRGG, which is highly complementary to their existing businesses, it is time to review the company’s projections. DRGG announced in September of 2006 that “they expect to be able to make a number of opportunistic acquisitions over the next two years.” Included in Dragon’s September 2006 forecast were references to “additional acquisitions, anticipated to account for $6.25 million of revenues in 2007, and $10 million of revenues in 2008. Acquisitions are…