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ImmunoGen, Inc. Message Board

ptk2000_00 20 posts  |  Last Activity: Feb 22, 2015 4:20 PM Member since: Jan 26, 2001
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  • Reply to

    FTR's 'Dividend'

    by ptk2000_00 Feb 21, 2015 9:43 AM
    ptk2000_00 ptk2000_00 Feb 22, 2015 4:20 PM Flag

    Thanks CD,

    I've never really paid attention to you until now. Your responses to my recent posts are telling. You seem to confuse facts with what are your emotional views.

    You back up your emotional views with unfactual statements. For example, what does "She does come from Microsoft so what are you to expect out of her mouth but garbage" mean?

    So if you think emotional statements are allowable when presenting your views, then let me say that since my initial investment in Microsoft in the early 1990s has turned out to be spectacular, I have to similarly back up my views that Maggie et al are doing a great job at restructuring a POTS utility into a 21st century telecommunication company that addresses an oft neglected rural market.

    Best wishes to you and GLTA long term investors.

    ptk2000_00

    Sentiment: Buy

  • Reply to

    FTR's 'Dividend'

    by ptk2000_00 Feb 21, 2015 9:43 AM
    ptk2000_00 ptk2000_00 Feb 22, 2015 8:42 AM Flag

    Your list describes the state of the early cable industry. I made a boat load of money with the likes of Telecommunications Inc, the 'ole Time Warner Cable, and Comcast. So yes, I know Maggie doesn't care about me. Like any investment, this one has risks, but I believe Maggie et al are doing the right things. So there, that's what I think.

    Best wishes, look forward to hear from you once you return.

    ptk2000_00

    Ps Verizon rocks. I've been in this company's and its predecessor's stock since the early 80's. The price appreciation and dividends have been outstanding. Good luck to you and all of us long term investors.

    Sentiment: Buy

  • Reply to

    Pfizer and Mylan

    by ptk2000_00 Feb 21, 2015 4:21 PM
    ptk2000_00 ptk2000_00 Feb 21, 2015 4:27 PM Flag

    Another link:

    http://www.thestreet.com/story/12967848/1/mylan-advances-after-called-most-likely-pfizer-takeover-target.html

    Sentiment: Buy

  • Reply to

    Pfizer and Mylan

    by ptk2000_00 Feb 21, 2015 4:21 PM
    ptk2000_00 ptk2000_00 Feb 21, 2015 4:24 PM Flag

    Link:

    http://www.bloomberg.com/news/articles/2015-02-05/pfizer-not-done-with-deals-even-after-hospira-purchase-real-m-a

    Sentiment: Buy

  • ptk2000_00 by ptk2000_00 Feb 21, 2015 4:21 PM Flag

    Does anyone believe Pfizer would buy Mylam? According to UBS this will happen. With Hospira and Mylan integrated with PFE's Global Established Products group, the company will spin off GEP to shareholders.

    How's much is Mylan worth to Pfizer?

    Your comments will be appreciated.

    PS. I'll find and attach the link to this analyst's view.

    Sentiment: Buy

  • Just read that Spring Leaf Financial in exclusive talks to purchase Citi's OneMain subprime unit for more than $4 billion. If the deal closes, how much capital will be released when OneMain leaves Citi's balance sheet? Though I dont know exactly, the types of assets held by this subprime unit probably requires an outsized amount of capital to be held by Citi.

    An annoucement of a sale of OneMain would be great for Citi during this year's CCAR. I am still predicting a $0.10 to $0.15 quarterly dividend and a $4 billion to $5 billion quarterly common share buyback.

    Here's hoping and GLTA.

    Sentiment: Strong Buy

  • ptk2000_00 by ptk2000_00 Feb 21, 2015 9:43 AM Flag

    My 2014 Schwab Tax Report states that the money I received in 2014 was actually a return of equity distribution, and not a dividend payout. This has been the case for as long as I've owed my FTR shares. The good news is I dont have pay taxes on this distribution. The bad news is I need to each year reduce my basis.

    But eventually I hope to see good earnings flowing from the company. I think this is the surest way to generate substantial capital gains from higher share price. I am sure my shares will give me a decent return, possibly 10%, including 'dividends.' But I hope it's sooner rather than later. I'm not getting any younger and eventually would like to monetize my shares and invest in an S&P 500 index fund. It will help me diversify my holdings.

    I really like management's focus on adding new products. Though this requires more capital expenditures, it also means more depreciation and cash flow.

    Has FTR management published their 5- year projections for earnings? Cash flow should be great, as is is the case for any capital equipment intensive business.

    FTR, and possibly all the rural telcos, remind me of the companies in business during the early days of the cable industry, huge cash flow generators, little to no earnings. John Malone's Telecommunications Inc. was a prime example.

    Thanks for your comments and information.

    Sentiment: Buy

  • I've enjoyed reading your post. You have been very negative about the financials of this company, goodwill strongly being the focus of your negativity. But you've talking about this issue after the original VZ acquisition but not recently. What about now with the Connecticut and Florida, California, and Texas purchases? The original VZ landline properties continue to shrink I presume but now are only a smaller part of FTR properties.

    What's your view on FTR now? Do these new acquisitions only postpone an inevitable write down that you've talked about previously? Or can these properties inflect upwards the revenue trajectories. You've said before that FTR is only a employment/pension generation company. Do you think Frontier can actually become a viable enterprise with growing earnings and free cash flow?

    Thanks for your comments.

    Also, Sage, I know you've been very positive on FTR. Tell me why you continue to be so.

    Fair disclosure: I'm a Verizon shareholder and I own shares of Frontier viz. the spinoff of the original VZ properties.

    Sentiment: Buy

  • I have a question for anyone who might the answer. I'm a shareholder of a company (Mylan) that will do a Tax Inversion in 2015. I LIVE IN MASSACHUSETTS. I will be subject to the Federal CG tax once Mylan completes its purchase of Abbott's established generic business in March 2015. I know that capital gains tax is due/payable to the IRS effective on the day the company 'moves' to the Netherlands. This so EVEN THOUGH I WILL NOT BE SELLING SHARES. Question: Am I also required to pay Massachusetts capital gains tax. The Federal Tax Inversion law requires shareholders to pay tax on an unrealized gain. As far as I know there is no such law in Massachusetts.

    On Citi, some analysts are predicting C will finally be allowed to increase its dividend to $0.05 per quarter. I think C will surprise by raising the dividend to $0.15 per quarter.

    Sentiment: Buy

  • ptk2000_00 ptk2000_00 Feb 9, 2015 1:07 PM Flag

    To be clear, a Mylan shareholder doesn't needs to sell shares to trigger the capital gain.

    Sentiment: Strong Buy

  • Massachusetts Capital Gains Tax Question
    Activis shareholders have experience with the tax inversion process. So I have a question. I'm a Mylan shareholder who LIVES IN MASSACHUSETTS and who will be subject to the Federal CG tax once Mylan completes its purchase of Abbott's established generic business in March 2015. I know that capital gains tax is due/payable to the IRS effective on the day the company 'moves' to the Netherlands. Is there an Activis shareholder on this message board who can tell me if I also owe state CG tax in 2015?

    Sentiment: Strong Buy

  • Reply to

    Massachusetts Capital Gains Tax Question

    by ptk2000_00 Feb 8, 2015 6:04 PM
    ptk2000_00 ptk2000_00 Feb 8, 2015 7:19 PM Flag

    To clarify my initial post: the Federal CG tax are due/payable even if I will not be selling the Mylan shares I own. Is that the case for the state CG tax?

  • Activis shareholders have experience with the tax inversion process. So I have a question. I'm a Mylan shareholder who LIVES IN MASSACHUSETTS and who will be subject to the Federal CG tax once Mylan completes its purchase of Abbott's established generic business in March 2015. I know that capital gains tax is due/payable to the IRS effective on the day the company 'moves' to the Netherlands. Is there an Activis shareholder on this message board who can tell me if I also owe state CG tax in 2015?

    Thank you for your help.

  • If memory serves, ABT management has said the company had no interest in being a minority shareholder of Mylan. Wonder if ABT has begun effectively selling its MYL stake? Could the price weakness over the past 2 to three months be due to this process and long term shareholders selling shares to meet long term capital gains taxes for the 1st quarter estimated tax period?

    Based on MYL management's goal of $6.00 per share earnings in FY 2018 and a PE ratio of 13 (not unreasonable for a company growing earnings 15% per year), My price target for MYL is $78 during FY 2017. If investors are willing to pay more, say a PE of 15 or so (a PEG of 1 is incredibly conservative for a fast growing growth company), for earnings then a price of nearly $100 per share could happen.

    GLTA long term shareholders

    Sentiment: Strong Buy

  • ptk2000_00 ptk2000_00 Feb 3, 2015 2:04 PM Flag

    You're correct. VZ handed over FiOS properties to Frontier. But if memory serves, FTR management almost immediately discontinued the fiber operation.

    I still have shares of FTR. Still hoping that more consolidation will happen in the rural telecom space. Possibly WIN and FTR combine. Have read that a combination would improve efficiencies. Not sure how, given that little overlap exists. Also, ever since WIN announced its intentions to separate it infrastructure assets into a REIT, FTR shares have been acting more constructively.

    Sentiment: Strong Buy

  • ptk2000_00 ptk2000_00 Feb 3, 2015 11:24 AM Flag

    Farce, I did read that some fiber properties in Florida and California are on the block.

    I found this link:

    http://www.bloomberg.com/news/articles/2015-02-02/verizon-said-to-near-11-billion-sale-of-towers-landline-assets?cmpid=yhoo

    Sentiment: Strong Buy

  • Did anyone on the conference call address the wireless spectrum auction? How much is Verizon paying? Some of the talking heads are complaining that VZ is paying ~$25 billion. If this estimate proves too high then perhaps we will see a change in sentiment.

  • Reply to

    Selling of old Mylan stock for new Mylan stock

    by wperry729 Jan 21, 2015 2:06 PM
    ptk2000_00 ptk2000_00 Jan 21, 2015 5:17 PM Flag

    Wperry

    I think the Abbott deal is very positive for Mylan. However, I voted against all of the proposals. Not that it will make a difference. Here's what bugs me. Like you, I'll be paying a hefty capital gains tax. I'd be willing to do so without complaint except WHY does management get special treatment? They should be in the same boat as the rest of us.

    My ideal outcome would be for the stockholders to vote the deal down, and the management is not given special capital gains tax reimbursements. I'm also not happy about Mylan relocating. With a republican-led congress, there is a good chance corporate tax legislation can be passed which would be a positive for a US-based Mylan.

    Anyway, that's my beef. Again, not that my opinion will make a difference.

    Sentiment: Strong Buy

  • Today's stock price decline might be the ramification of investors seeing Mylan as a European company. The SF increased in value by 30% versus the Euro today. I'm not sure how the Euro's dive really affects Mylan's reportable financial performance in the future. Does Mylan report earnings in Euros or US dollars? Does it make a difference?

  • Not sure if Yahoo! will allow this link. But you can google "Chicago Tribune Mylan Heather Bresch."

    http://www.chicagotribune.com/news/sns-wp-blm-news-bc-mylan-ceo-exclusive09-20150109-story.html

    Sentiment: Strong Buy

IMGN
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