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Pfizer Inc. Message Board

hotpanera2 3 posts  |  Last Activity: Jul 18, 2014 2:32 PM Member since: Dec 17, 2002
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  • hotpanera2 by hotpanera2 Jul 18, 2014 2:32 PM Flag

    Good to finally see some buying above where the stock stood ahead of earnings. It is fully justified IMHO.

    For those concerned about products liability or sexual harassment lawsuits, I'm quite certain that like most companies in the industry, and certainly virtually all of its size or larger, Amnf has significant liability insurance. It is certainly possible for liability in the case of a mass injury to exceed the available insurance, but that is a minuscule risk which I am happy to have assumed since 1995. By the way I practiced product liability law for many years.

    Some have posted about the purportedly high PE for a 10% grower. First, in Q2 EPS was up 15% from Q2 of '13. Secondly, the PEs for consumer staples companies are higher than for cyclical industries because the earnings are much more reliable. That is not a new phenomenon. Few grow at anything like 15%, or even 10% yet have comparable PEs to Amnf. Plus, I would argue that Amnf should have a higher PE due to the possibility of a sale of the company. General Mills is not about to be sold. Finally, a good dividend which is growing regularly -- that is key -- and interspersed with specials from time to time, makes Amnf unusually attractive. I believe that the targets set forth in the Financial Acceleration write-up are not pie-in-the- sky and are very achievable. Nothing is guaranteed, but I wouldn't have 178K shares if I didn't strongly believe in this company.

  • Reply to

    Q2 reported - a record

    by bellbell63 Jul 16, 2014 11:07 AM
    hotpanera2 hotpanera2 Jul 16, 2014 11:18 AM Flag

    The results are extraordinary. A 15% increase in EPS is wonderful given new product introductions and the stated and understandable need for increased promotions. A dividend increase and/or special seems likely.

  • But it is very unusual for the bid/ask pre-market to be different from where it was when the stock closed, let alone to change several times, all higher as best I could tell.. It is presently 1.92/1.94.

PFE
29.39+0.01(+0.03%)Aug 29 4:00 PMEDT

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