RE:Value Trap? Usually value traps have declining businesses, or legacy business models. Their crown jewel asset in BIAL is gearing up with a big expansion and has tones of opportunity to leverage real estate development. I don't see much downside with the stock trading under the value of this one investment.
I like their other investments as well... a true play on the Indian economy and the growing middle class. Been frustrated with the performance here...but patience will pay off.