Post by
fundtrader on Jun 24, 2016 4:33pm
Market cap is approaching 7 billion $
That's less then what they would make in 8 months...just ridiculous.. Purchases in the last 3 years salix purchase = $ 14.5 billion $ Bausch n Lomb = $ 8.7 billion $ Amoun = $800 million Medicis = 2.6 billion $ Sprout = $1.00 billion $ Brodaluab = $445 million $ others over = $ over 2 billion $ That's just over 30 billion $ in deals in the past few years.. Now all these companies are worth less then 7 billion $ ????? yeah they have 30 billon in debt but so what Most pharma have big debts as well. They trade at 12 X earnings. This one is trading at almost 2.5 X earnings..just doesn't make sense ..something has to give ..Takeover is imminent. I would take the Takada Offer for over 50 $ us a share and run with it ..That's almost a 2.5 X return.
Comment by
Joe454 on Jun 24, 2016 5:04pm
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