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Валгрин Ко. Message Board

  • bimmyboris bimmyboris Jun 19, 2012 9:17 AM Flag

    Buying into the European economy???

     

    Is that the best way to spend $$ right now? Doesn't look like more than an average return... but with a lot of risk.

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    • It's a smart move. Buying into Europe now while it is down...savings! And it will end up being the largest health retailer in the world. In its negotiation with Express Scripts; makes it an even smarter move for WAG. And with the drop; couldn't make me happier as I put a buy for some WAG.

    • i think wag looks ahead by more than 6 months

      • 2 Replies to scurpapa
      • We live in a global economy.

        The population of the developed world is aging. WAG needs to serve the drug dependent population wherever there is a payor.

        My only question is whether the drug reimbursement rates will allow WAG to produce decent margins of Rx sales in Europe.

        I like this move. I have wondered for years why WAG was not moving into international. The great multinationals will run the world (not the Socialist politicians).

        I would like to see WAG with a large presence in Mexico and Latin America, but the WMT bribery issue comes to mind as an impediment.

        Look at the big picture. WAG management is focused on the right issues. The ESRX conflict is a tempest in a teapot.

        MLevine.

 
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