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ImmunoGen, Inc. Message Board

ptk2000_00 28 posts  |  Last Activity: Apr 26, 2015 1:33 PM Member since: Jan 26, 2001
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  • Reply to

    Instituions own a large percentage

    by soupbone15 Apr 24, 2015 3:28 PM
    ptk2000_00 ptk2000_00 Apr 26, 2015 1:33 PM Flag

    But in a April 23, 2015 Yahoo Headline Dealpolitik at the Wall Street Journal article entitled "Three Eays to look at the Three-Way Pharma Scrum," then following paragraph appears: " ... Mylan’s cash-and-stock offer for Perrigo would likely require Mylan shareholder approval. Although Mylan stock rose when its bid was announced, if Teva offers a high-enough price conditioned on a Perrigo deal not happening, approval for a Perrigo deal could be hard to get, particularly because Abbott is not required to vote in favor of such a deal despite the voting agreement referenced above ..."

    It appears that Mylan management cannot rely on Abbott to secure the Perrigo deal. This deal is the defense Mylan is using against Teva.

    Sentiment: Strong Buy

  • Reply to

    The time for PFE to move on MYL is now!

    by magic8_ball Apr 21, 2015 11:11 AM
    ptk2000_00 ptk2000_00 Apr 21, 2015 11:13 AM Flag

    I agree.

    Sentiment: Strong Buy

  • Reply to

    If teva offering 82--why not close to 82 today

    by stokwiz96 Apr 21, 2015 9:36 AM
    ptk2000_00 ptk2000_00 Apr 21, 2015 11:11 AM Flag

    Mylan combined with Perrigo would have a market capitalization of approximately $37 billion. Pfizer could buy the combined Mylan for $50-55 billion. If Pfizer does the transaction with all stock, then the shareholders of Mylan will own approximately 24% of Pfizer post-merger. Pfizer would then be able to relocate to the Netherlands, where Mylan NV is incorporated.

    When the deal is down, Pfizer can incorporate the Mylan assets with its Global Established Products division, then spin off GEP to shareholders.

    Does this sound resonable/plausible or is the timing wrong or does make poor business sense?

    Thank you for your input.

    Fair Disclosure: Long term shareholder of Mylan and Pfizer.

    Sentiment: Strong Buy

  • Reply to

    If teva offering 82--why not close to 82 today

    by stokwiz96 Apr 21, 2015 9:36 AM
    ptk2000_00 ptk2000_00 Apr 21, 2015 10:53 AM Flag

    Also, Mylan management does NOT want to be joined with TEVA. Mylan has a newly created deep poison pill that would make this deal have less value to Teva.

    My guess is that this actual offer for Mylan puts the the company in play. I look to the Valeant-Activis-Allergan saga for some perspective. In that merger, Valeant bid for Allergan. Allergan did not want Valeant to join with it. Allergan sought a 'White Knight'. Activis played that role. Activis won Allergan, but only after upping their offers at least a couple of times.

    Here's my prediction, Mylan will seek a 'White Knight.' Mylan currently has a business venture with Pfizer in Japan. Pfizer is seeking to bulk up its Global Estabilshed Products division for a spin off in 2017.

    In the end, Mylan will be part of another company in a year or so. But the company will ultimately garner a winning offer of between $95 to $105.

    Congratulations to all long term investors.

    Sentiment: Strong Buy

  • Mylan combined with Perrigo would have a market capitalization of approximately $37 billion. Pfizer could buy the combined Mylan for $42-43 billion. If Pfizer does the transaction with all stock, then the shareholders of Mylan will own approximately 22% of Pfizer post-merger. Pfizer would then be able to relocate to the Netherlands, where Mylan NV is incorporated.

    When the deal is down, Pfizer can incorporate the Mylan assets with its Global Established Products division, then spin off GEP to shareholders.

    Does this sound resonable/plausible or is the timing wrong or does make poor business sense?

    Thank you for your input.

    Fair Disclosure: I own shares of Pfizer and Mylan.

    Sentiment: Strong Buy

  • ptk2000_00 by ptk2000_00 Mar 11, 2015 4:57 PM Flag

    See story about Endo/ Salix/ Valeant story at the Yahoo--Mylan web page.

    Sentiment: Strong Buy

  • Reply to

    Abbot and Mylan

    by tmob12000 Mar 5, 2015 10:59 AM
    ptk2000_00 ptk2000_00 Mar 5, 2015 11:08 AM Flag

    Not Abbott but possibly Pfizer or Teva, or maybe Norvatis, though Teva would have to divest a slug of US assets to satisfy antitrust rules. Pfizer will eventually spin off its Global Established Products division. Beefing this division further would be a way of getting it to a size comparable with Activis or Norvatis' Sandoz division.

    Sentiment: Strong Buy

  • Question for serious long term investors:

    "How quickly and how will ABT dispose of its stake in Mylan."

    Abbott's CEO has stated the company has no interest in being a long term minority shareholder in Mylan.

    I wonder if The company can sell its stake through a private placement with a group of institutional investors? Also, is Abbott restricted from selling its stake to a strategic investor, aka, another pharma like Pfizer?

    The share sell off the day after earnings was probably driven by retail long term investors, who must, looking to generate cash to pay Federal and State 1st quarter estimated taxes.

    Thanks,

    ptk2000_00

    Sentiment: Strong Buy

  • How quickly and how will Abbott dispose of its stake in Mylan.

    Abbott's management has stated they had no interest in being a long term minority shareholder.

    Wonder if Abbott can sell its stake by a private placement with a group of institutional investors? Also, is Abbott restricted from selling its stake to a strategic investor, aka, another pharma like Pfizer?

    Sentiment: Buy

  • Reply to

    Question About Capital Gains Tax

    by ptk2000_00 Feb 28, 2015 7:24 PM
    ptk2000_00 ptk2000_00 Mar 2, 2015 4:33 PM Flag

    Actually, the closing price on Friday was $57.33. From today on, the new basis is $57.33.

  • Reply to

    Question About Capital Gains Tax

    by ptk2000_00 Feb 28, 2015 7:24 PM
    ptk2000_00 ptk2000_00 Mar 1, 2015 1:02 PM Flag

    Thanks. I suspected so but I was silly to hope otherwise.

  • As of yesterday, February 27, 2015, as far as the federal tax code is concerned, shareholders have "sold" their shares at $57.45. Let us say that in September 2015, six months from now, Mylan shares have bolted higher to $87.45. I sell my 100 shares. Is the $30 capital gain per share considered a short term capital gain?

    Sentiment: Strong Buy

  • 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

IMGN
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