Post by
Marky1 on Aug 11, 2016 7:48pm
Reality
The reality about Valeant company is that it is on the mend...Pearsons Valeant is done....He left it in shambles....huge debt, poor business model, philidor,lower R+D budget than its peers....A new VRX was born in May with the hiring of an excellent CEO, Mr.Joe Papa along with a new silent CEO,activist Bill Ackman....Firstly, the debt will be lowered Joe has paid off a small portion and the company is slated to pay off a total of over 1B$.this year....I expect an announcement of assets is in the works...I believe that within 12 months the debt will be trimmed down to a more comfortable level...Secondly more money is being spent on developing homegrown products...Valeants pipeline is quite extensive with a total number of new product (20) to be introduced in 2016 early 2017...The Tampa problem is being corrected and I expect Relistor to be accepted by the FDA before October 2016...Each event should bring a mild spike to the SP...Thirdly The Philidor problem...Joe Papa said that he is not worried, that it will be dragged on "for years" and that he is NOT putting aside funds to pay for penalties...In a few years the company will be in a much better financial situation and if need be will be able to fund these costs...Don't forget that Valeant has their own lawyers who will fight any litigation with vigor and expertise..Today's market reaction was out of proportion to an already known problem ( last October it was revealed) Fourthly a new board of directors has been created..They bring a lot of talent with them and I feel that the administration of Valeant is in excellent hands..Fifthly the Walgreens deal has been revamped beginning Aug 1st..Valeant will no longer sell any of their products at a loss...Q3 will show a higher EPS and Q4 even better.....In summation better times are coming folks...Be patient...Markie
Comment by
biggerr on Aug 11, 2016 8:20pm
and VRX should not be afraid to raise their drug prices if the market can bear it and to heck with Hillary if she doesn't' like it
Comment by
Marky1 on Aug 12, 2016 7:28am
Great objective Dr.Stockhouse...Id also love it to hit $80 before 2018 so does Bill Ackman and Pershing Square!!!
Comment by
Joe454 on Aug 12, 2016 9:03am
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Comment by
Joe454 on Aug 12, 2016 9:43am
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Comment by
Joe454 on Aug 12, 2016 9:51am
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Comment by
zofftimusprime on Aug 12, 2016 9:57am
is you could have combined all those in to one message rather than 3.
Comment by
Joe454 on Aug 12, 2016 10:18am
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Comment by
biggerr on Aug 12, 2016 10:17am
they can prove nothing, the case against VRX will be dismissed
Comment by
biggerr on Aug 12, 2016 10:21am
Pearson left no paper trail, all agreements with Philidor were done by verbal communication
Comment by
Joe454 on Aug 12, 2016 10:22am
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Comment by
biggerr on Aug 12, 2016 10:31am
my friend, this litigation will take years, everything will be appealed, it's just like any other class action lawsuit which nobody cares about
Comment by
Joe454 on Aug 12, 2016 10:56am
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