is clearly generic drugs. With ESRX Walgreens was clearly defending it's turf on generic reimbursement, and did so successfully albeit at considerable short term loss of revenue. The Boots acquisition provides Walgreens with a whole new market in which generic drug penetration is relatively low. Generics are a key to prosperity for retail pharmacy. No one can survive on the razor thin margins of branded pharmaceuticals. ESRX was attempting to redefine "generic" and Walgreens could not allow that. The European cultures will present more resistance to generic utilization than the USA has, but will eventually succumb to pressures. The timing is important in that regard. European nations are cash strapped and their social programs will necessitate their governments take a stand to improve generic drug utilization as Walgreen promotes them in retail stores. Those who continue to talk of Walgreen's huge mistakes and failures show little understanding of the truth. I think Walgreen management is probably quite content to let that ignorance exist as it serves them well.
You know many on this board respect your
commitment to this stock and trading skill.
However the 35 club was established by
a few folks in Walgreens that have a greater view of there metrics than you or I.
As I made a buyin price before, I set a price target again, and will Wait it out...
I'm holding back my views about the Money Dealers and the Dividend Junkies a post you would not see in the HBR..
These junkies buy into a high, only to realize Mr. Market has left the party.
I did buy KKR because I see Alliance has brought to Walgreens.. folks who have ground experience.
Just think of it this way, Alliance Boots and KKR own a significant position in Walgreens..
The sock puppets and dividend junkies
were not invited into Club 35.
This was VIP only
To make them fell better here is a snippet of what they missed.
I don't think WAG will survive the debt and then Boots losses. Europe is slowing down significantly and WAG is the one that gets burned there in Europe and here in US.
WAG will not see any good day until this management is changed. End of the story.
"I see you are impressed with Alliance Boots business planning, you should be and buy it, Like I did through KKR."
Still proud of shooting yourself in the foot, I see. You sold WAG at 30.50. That speaks volumes about your investment skills.
"As for Walgreens line in the sand plan .. pop pop fizz fizz oh what a failure to the stock price and business this is ."
No denying that preserving the bottom line for the future was costly to Walgreens, but it had to be done, and was done expertly.
"Your posting about the Esrx Contract, if you Know more than the public let us read about it...other-wise Esrx Financials stand... on who's SEC Filed Income revenue saw the biggest hit."
Bottom line is Walgreens business model works and remains intact despite those who would have destroyed it. This was a victory not only for Walgreens, but for the entire retail drug industry.
"And that 1st yr. Accretion to earnings projection from the A/B merger,
Interesting that not a word was mentioned about A/B reserve holdings, and how they will be handled after the 4 billion dollar Bridge loan payment by Walgreens!"
What matters to intelligent investors (present company excepted) is how much the merger will add to WAG's bottom line, and that was properly addressed. If you need more information, which I can't imagine why, just call investor relations. Be sure to tell them you sold at 30.50, instead of making an additional $5 per share and collecting another 3% in dividend. You want to put your best foot forward :-)
I see you are impressed with Alliance Boots business planning, you should be and buy it, Like I did through KKR.
As for Walgreens line in the sand plan .. pop pop fizz fizz oh what a failure to the stock price and business this is .
Your posting about the Esrx Contract, if you Know more than the public let us read about it...other-wise Esrx Financials stand... on who's SEC Filed Income revenue saw the biggest hit.
And that 1st yr. Accretion to earnings projection from the A/B merger,
Interesting that not a word was mentioned about A/B reserve holdings, and how they will be handled after the 4 billion dollar Bridge loan payment by Walgreens!
How can one person use so many words to say NOTHING?
"Lets flip that switch for 502, and the costs that it undergoes.
2) raw materials
a small sample of costs but you see Huge discounts from the Manufacturers for this generic."
WTF are you talking about????
The topic was "that each country Language is imprinted on the products being purchased, so distribution for the Manufacturer yields no savings there!!!"
What does THAT have to do with "raw materials"?
How the hell does flicking a switch affect "shipping"?
How many millions of dollars worth of "labor" does it cost to flick a switch?
Weren't these products going to be packaged anyway? WTH difference does the changing the language on the package make?
"And the storage cost for that increase buy from limiting suppliers,"
Huh? What does "increase buy from limiting suppliers" mean. Could you PLEASE stop throwing random words together and try to make just a little sense?
" I hope they get the Export/Import and storage analysis correct"
Do you? Really? I think that's nice.
Especially since WAG has been importing merchandise from overseas for longer than you've been alive.
"As for the Boots Cosmetic industry's No7, CVS drug stores marketing failed with a like type clientèle, Target does carry this product, but hardly the same Customer."
<<<<Alliance Boots has a presence in more than 25*** countries and employs over 116,000*** people. Alliance Boots has pharmacy-led health and beauty retail businesses in 11*** countries and operates more than 3,330*** health and beauty retail stores, of which just over 3,200*** have a pharmacy. In addition, Alliance Boots has around 625*** optical practices, of which around 185*** operate on a franchise basis. Its pharmaceutical wholesale businesses supply medicines, other healthcare products and related services to more than 170,000*** pharmacies, doctors, health centers and hospitals from over 370*** distribution centers in 21*** countries.>>>>
Yeah, you're right. I doubt that a company of that size would have anything that would sell in the United States. What was I thinking?
"I see your planning on Walgreens becoming the Cosmetic industries leading retail channel overnight, Right!!"
Maybe not overnight.
"That 100 years of experience did not
stop WMT, CVS, ESRX, from taking Rx customers did it, or Market share."
1.You are not going to believe how much WAG will hurt CVS in the coming months.
2.Walmart never releases their pharmacy numbers so we'll never know about them.
3. The renewed contract will benefit both ESRX and WAG.
100 years of experience got WAG the ESRX contract it wanted. This was a milestone in the history of the US Drug Industry. The long term benefits far outweigh the temporary loss in what would have been unprofitable sales.
"As for the United States market, sorry to tell you is not owned by any retailer."
That's the cherry on the cake for one of the most senseless posts ever.
So that is the Link why Walgreens is Spending Billions on the B/A merger.
Does Alliance boots manufacture Controlled Drugs???
I have read they manufacture suntan lotions but not Controlled medications.could you provide a link!!!