4th largest UK drug company?? How many drug
companies are their in the UK (SmithKline, Glaxo, ???).
4th largest in the world -- that's very
4th largest in US -- that's impressive
in UK -- what does that mean in the grand picture of
dozens of company's with annual sales well over $1
billion - many with sales over $5, even $10 billion.
Besides, most of Shire's sales ($175 mil?) are being
generated here in the US, not in the UK. I can only hope
the professionals can think of better reasons to
invest than the 4th largest UK drug company.
Seems confusing to me that no one talks about
earnings in terms of change to US GAAP from UK GAAP. On
that basis, Shire's own footnotes indicate their
earnings per ADR in the first 6 months gets cut to below
$0.15 (Roberts reported $0.40 for same 6 months.) Does
this indicate that Shire's inherent earnings are about
$0.25 - $0.30 in 1999 (US GAPP) and Roberts about $0.80
Does anyone know what the
estimates are (in US GAAP) for ADR earnings in 2000. Would
be interesting to see how that compares to street
estimates of about $1.15 for Roberts alone in 2000.
If I recall accurately...June came in at .18
cents per adr...if the Yahoo finance board is accurate,
Sept. is being revised downward...not great news but I
think analyst expectations, particularly Bear Stearns,
got ahead of themselves...my concern is the impact
the merger will have on '99 earnings...I assume this
is already reflected in the stock price...I believe
Roberts is expected to add .10 cents per adr in 2000'...I
am still holding but disappointed...still think
something isn't quite right...the stock price "should be"
SHPGY given take off prediction by Henry de
Vismis, Citibank Global, Senior Portfolio Manager. Vismis
says SHPGY is 4th largest UK Pharmaceutical company.
Attractive pipeline in phase 3. About to take off. Vismis
also likes STM, ASML, LUX.
I hope all British citizens who read this board
are not too offended by these discriminatory remarks
made by this idiot. Just ignore his posts since they
contain nothing but worthless banter. Unfortunately we
Americans have more than our fair share of feeble minded
wackos on these stock message boards.
#1 I worked for a british firm for ten years. The
only that counted was procuring women for the Brits on
holiday in America. The name of the company was Racal
Electronic. In 1984 this concern was number one in one
computer talking to another computer digitally. In 1998,
Racal sold it for 8 million pounds. Brits are
#2 Shire is setting aside enough fund to fire every
employee of RPC. Brits are Sits.
As a british citizen and Shire shareholder I
noted te unusual volumes, but not much happened to the
share price. As the share price went up to $29 after
last high volume will we soon see a sharprise? Is
there some positive news in the air or do I smell