RE: Paradigm reiterated BUY and 80 cent target
One of the things the report specifically mentions is the fact that the UK and Irish blood agencies have virtually shut down their own blood collection systems for fear over infectivity. As a result, they are forced to import costly blood and blood substitutes ... HUGE $$$... I think the fact that they are spending such huge money suggests that they can afford to pay quite a bit for the bags and still save money... Good situation for whoever grabs this market... and Pall's stumble sure puts PLI in a control position.
I hate to say it, but this most recent development should almost be spurring a strategic interest in Prometic by PALL..or at least in the UK division..... especially given the huge value and market cap disparities... we would be a blip purchase for them. This SHOULD ultimately get reflected in PLI's market cap as the big boyz start to see the reality of the situation. This is where having JP Morgan and Third Point involved is a bonus for us.