Sirona Biochem Corp V.SBM

In the CEO's mind

[Pareto8020]

I wonder if Howard thought...... "oh this deal is great - it won't matter that we aren't releasing any financial details just the fact we secured a deal with AbbieVie should skyrocket our shareprice and all will be good". 

Here we are share price barely holding in the .20's.  First off you waited until Summer the typical slow period to release news.  Plus you release it during a wildly down week on the markets.  Then you don't really provide any details that matter so the market can actually evaluate the deal on its financial merits.  So yeah I guess that's why the stock is in sleepy slumber mode still - thanks Howard!  At least he is consistent - I'll give him that.

[MirrorWorldMan]

Sirona does not listen to its shareholders concern about being more transparent with numbers,  so why would new investors join?

[Pareto8020]

The funny thing is if you take the PRC estimates of annual royalty revenue it would equal their current market cap.  So if you put a 10x p/e on there we'd be sitting at $2+ on that deal alone!   So the insiders are privy to the financial details and can trade based on those but the general public can suck it?  Seems about normal.

[str8goods4achg]

FYI... 3 yr aveage P/E for biotech is 18.9

[biorun]

so what does that give us pps?

[Pareto8020]

Close to $3.50. Release the kraken.....I mean numbers Howard!  

[MirrorWorldMan]

When was the last time PRC actually said anything that wad proven to be worthwhile about Sirona?  Nothing has been true. Give us numbers 

[Tickel1st]

This post has been removed in accordance with Community Policy