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Bullboard - Stock Discussion Forum Theratechnologies Inc T.TH

Alternate Symbol(s):  THTX

Theratechnologies Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies addressing unmet medical needs. It markets prescription products for people with human immunodeficiency viruses (HIV) in the United States. The Company's research pipeline focuses on specialized therapies addressing unmet medical needs... see more

TSX:TH - Post Discussion

Theratechnologies Inc > Overreaction
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Post by 1998novl on Oct 16, 2020 8:08pm

Overreaction

I think many here would make great executives and would do great investor relations work. Unfortunately as a shareholder, you've allocated that responsibility to the company. You can vote your shares and even become an activist if you have enough shares.  As a shareholder you are not entitled to the whole story, in fact you are only entitled to public information. If you get non public information you are locked out from trading the stock. As much as I would like a prefect message from the company, I would prefer them to execute in getting another drug approved with the FDA, which they have been successful at before. So either trust them and keep your shares or don't and sell them - but to bombard them for not being perfect in answering questions around non public information isn't fair. They have improved communication extremely well since the end of last year and are allocating resources to improving in that arena, that part is clear to me. Also, today's addition of the Molson family is likely the largest endorsement in credibility one could ask for, but I'm sure it's not good enough to those on this board that are short term focused on next weeks share price..., patience folks!!
Comment by qwerty22 on Oct 16, 2020 8:38pm
It's not about non-public info. They've said it's the data that gets them to Ph3 with confidence. The data is already public. They seem to say they've walked through the process with their experts and everybody gets it. An analyst asked them to walk him through it and they didn't do that. Everything that needs to be known is already public - the confidence, the data, the ...more  
Comment by 1998novl on Oct 16, 2020 8:56pm
The discussions they have had with FDA and EMA are material NON public information. Can you see how they are in a difficult position and cannot be fully transparent?
Comment by Wino115 on Oct 16, 2020 9:51pm
What you say is all true. My issue is not to ask them any questions, but to let them know one reason there is such a massive credibility gap (which has actually grown since Paul joined, not shrunk) is that they have been rather amateurish with how they put their information together (public information only please), how they have articulated difficult scientific and strategic plans, have treated ...more  
Comment by realitycheck4u on Oct 16, 2020 10:15pm
This post has been removed in accordance with Community Policy
Comment by houbahop on Oct 17, 2020 8:11am
..."That is a harsh lesson that I hope they understand and we should ask if they do and what their plan is that will be different going forward." It has been like this for over 20 years. What make you think it will change in the future? They do not need to be thought any lesson. They do it this way to serve some personal interests.
Comment by realitycheck4u on Oct 17, 2020 8:39am
This post has been removed in accordance with Community Policy
Comment by scarlet1967 on Oct 17, 2020 9:33am
I have been a share holder of the company for almost a decade and been following this board from the very beginning before joining it few years later. As long as I remember the company's inability of clear communication, marketing etc etc have  been mentioned on the board by many including myself literally hundreds of times. In a sense we and the company are doing the same mistake. Again ...more  
Comment by scarlet1967 on Oct 17, 2020 10:40am
I posted this in July 2019, at the time the SP was over $7 Canadian! Now over a year later despite encouraging R&D developments, the overall market near all time high, new outgoing CEO the SP.... and since and before then this board has been bombarded with posts from frustrated shareholders yet no effect... Running a business  I am going to bore you folks with my background stay with ...more  
Comment by Bucknelly21 on Oct 17, 2020 10:53am
It's funny scarlet so I can only think that the one thing all these issues have in common is that everyone points to upper management. Question is how who has been at thrx the longest that would have a say in communication issues? Is it the board? Is it Phillipe? One would think that when you can pin point that person you will find the problem
Comment by scarlet1967 on Oct 17, 2020 11:29am
It should be a team effort and Paul "a marketing ace" as per the chairwoman should change the cultural of the company. How can we expect an organization to be customer(investor) oriented when the leadership isn't? The change has to start from the top! The new CEO needs to make sure all senior members of management do what needs to be done to market the company in a convincing manner ...more  
Comment by Sqidmandon on Oct 18, 2020 9:41am
Trust me, they are all getting an email from me
Comment by jfm1330 on Oct 17, 2020 11:47am
Strange. I am out and I agree with that. I did not sell because I no longer believe in the company or that I don't trust the management. It was because of my personnal situation. I still would like to buy some back at some point. All that to say that it's the same old story with many here, always complaining about communications. Tanguay was supposed to be the problem, and now the company ...more  
Comment by scarlet1967 on Oct 17, 2020 12:36pm
They brought Paul in "marketing ace" for a reason, obviously the board recognized the deficiencies in that department, again it is a no brainer that they have to execute having said that if their achievements doesn't get the recognition it deserves that is a serious marketing issue. We get it they haven't filed the applications yet thus the low profile strategy but the company ...more  
Comment by scarlet1967 on Oct 17, 2020 12:50pm
I want to know why a mega pharma like Takeda pays 470 million dollars plus loyalties and funds to cover R&D expenses  for a private company's preclinical NASH protocol yet THTX gets no added value for their 3 upcoming programs???
Comment by Sqidmandon on Oct 18, 2020 9:44am
Not the point...doing the right things for the business include not only the internal management of the company and product, but external management of communication...they are not mutually exclusive
Comment by 1998novl on Oct 18, 2020 11:44am
I imagine you would not be satisfied owning shares of Berkshire Hathaway and getting communication once per year and nothing else. 
Comment by realitycheck4u on Oct 18, 2020 12:35pm
This post has been removed in accordance with Community Policy
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