1) No shareholder equity., so there is no ownership in the assets, and ROI. It's a contractual arrangement with a shell Co. China owns the equity.
2) If there is no equity, then is it paying you $? Let's see, no dividend, present value = 0. It's dubious the way its set up that there will ever be a dividend. IMHO.
This Co is not worth anywhere near where it is at. The numbers can't be trusted. What they sell can't be trusted, Chinese Co's in general have a horrible record in honesty, the numbers they report can't be trusted, you have no shareholder equity or rights, just a contractual arrangement with a shell Co., in the Bahamas.. No FASG accounting rules in China my dear dear friends.
Expect some consolidation, but it will more likely be sideways, and short.
calculated if it really works. IMHO.
He is pumping his argument by replying to himself.
Then come to find Sony reach out 3 times to Obama, no response. Sony Exec's are very upset with B.O.
I had a dog named Peppy as a child...great friend. Pep, hope you are not married, hiding your short position from your wife can get really ugly. I see Cramer made a comment this morning that AGIO may have the cure for cancer, he did say may. Of course a personal friend of his is the CEO of AGIO, so who know what has been said. Sorry Peppy, I have to go the CELG recent assement, I assume they have some insight, although antidotal, into the progress of solid tumors, before exercising the ex-US rights to AG-120.
No they did not know. Duration, Safety efficacy of bigger sample. Extension of partnership. An pushing up the pivotal approval trials by years.
Not Adam F. Adam has a 99% track record on predicting failures in the FDA process. He came out on AGIOs drugs and is extremely positive.
Hey pep squeak. Did you attend the post CC, and learn about all the inidcations they think this can be used for? Is prostate, melanoma to name just a few big enough?