ty freddy, when the proxy adbising services came out pro it was the final nail telling you that the MFs were voting for this deal. the stock price movement was a good incication all together the big surprise to me would be losing the vote. I just don't see it but if it were to happen depo has another 10 to 20 percent downside.
jh I don't remember your reasons for why the MF will vote against the deal here are my reasons they will
1) tax savings which will equate to more earnings/share
2)synergies which will equate to more earnings/share
3) savings on refinancing depo debt at half the rate which will mean more earnings/share
4) the stock price of depo has been slightly below the .96 exchange rate most of the last 2 weeks indicating it will drop if offer is not accepted and being held up only because of offer. It also shows most believe deal will be consummated.
5) a more mature Salesforce with proven record
6) a management team that is superior ( yours turned dwon a $33 stock offer and now will get less than 20 currently) Depo has broken CA state law, they are only interested in self interest rather than stockholders IMO
the war was over weeks ago, just a few skirmishes left from those that refuse to observe, lol. If you look at share price ol depo it has moved a little below the .95 offer, this was done when they began, HZNP will get the vote on the called meeting and the vote to depose all board members then you will be a HZNP stock holder as you wont sell out at this price. Then after 5 to 6 months you will be extremely excited as a HZNP holder. TW had the nails in this coffin the day he began the fight, he will come out as victor then you will see the lunacy of the depo deposed board and how they didn't work in your interest and passed on a $33 offer in stock for .95 shares worth about 60 cents on the dollar of what they turned down. Considering what happened in the market it would have been a stroke of genius had they accepted the first offer of $33 in stock.
REDUCE debt before forced to sell assets or default. buying back stock is not in the picture more likely they sell more.
boulder, I have to agree with you it is the best long term for this stock, these peons that want the small change are giving moreaway in stock price loss because management wont cut the distribution, It is a great financial move that is well meeded I expect from the conference call tha ti will get down right after the first of the year if there is no dramatic price change in oil. IT SHOULD HAVE BEEN DONE 6 MONTHS AGO.
I think his theory about hznp wanting price of their sock down is full of holes, they are paying .95 shares regardless price of stock is not significant in fact it would be easier if it was at 40. One of his theories I agree with is that with all the turnover in retail shares the last week or so will be bullish for the vote. I am absolutely convinced the vote goes in Hznp favor because 1) stock price is moving as if deal was done 2) both advisory services are recommending it 3) all the new stockholders don't want to see another 20 to 30% drop in share price 4) all the larger MF holders understand the long term play with tax savings, synergies and HZNp better interest savings and pipeline.
pb I cant hardly believe after the bashing of mike and I on not buying depo you have finally seen the light and now agree that it is not that great of a deal, is that because you are out, time to get back in was yesterday but you still profit handsomely doing it today.
uou can add 20 democratic congressman that are backing hilliary;s tweet and what that could d in congress, as stated before to oou there are many options all bad that this could lead to. the market is selling off and the margin calls are hitting. the selloff should be about over. It is a shame a company such as depo could pull Hznp down so far in price.
what are you smoking ? Hznp is the only thing holding the depo price up. all the proxy agencies are saying to vote for the issues This is a done deal watch stock price moves and you can see that the market feels that it is done, depo moves with hznp price action, it has no ability to price itself. You should have taken the first offer instead of being greedy. $33 is looking awful good at this point and now you get .95 shares of stock instead of 2 shares. It shows you who is smartest ceo of hznp hands over ceo of depo.and its board. Your smoking is blinding your vision.
wrong, the fundamentals have changed drastically, maybe congress passes a law that allows medicare and Medicaid to negotiate prices on drugs. Maybe they pass a law that allows shorter patent lifes, maybe they limit what can be charged. they could do all sorts of things that will hurt earnings and that is fundamental. The are taking all the fluff out. Remember GILD trades at an 8 current PE.
if I remember right you said this would never go to 21 again that it would not go down when the offer disappeared well it looks to me that the only thing holding it at this current price is the offer from HZNP.
The biomarket has gone into the dumps, I know I own a lot of it.
this would probably be sub 10 without the offer, you need to take out the 12 dollars it rain up from the offer which would be about $6 now.
I understand, point was not eloquent but that regardless of what you hear on a message board the louder the noise the less it is true. geri was the biggest bull but pulled the switch at the point where the pain was bad. geri has more money than me but couldn't stand the pain. I understand theoptions but his statement was always deep and not concerned.
medtec you lie and twist the truth too much, everyone should put you on ignore, hznp has had two drugs put on the exclusion lists because they would nt cave to the PBM, Gild didn't cave either but didn't get excluded except by one that took the inferior drug. Your definition of dilution and mine are different, they aren't diluting me when they issue stock for depo. they get assets with the more stock. Hznp has better borrowing rates which are decided by bankers based on creditworthiness than depo. You need to take your PR blinders off. This deal is good for both companies and you should vote for it rather than listening to the hype of the guys who want to keep their jobs at your expense. Everyone of your points is twisted into untruth.
sfvictim, my opinion is that the MFs will vote for it as it is moving as if already approved. Those that said it would not get this low have gotten quiet. it will go much lower if no deal The deal is what is holding it at this level, that is only point one on why to vote, the second is lower taxes making the profucts of depo
bring more to bottom line, the third is the Salesforce that is proven at Hznp, the last as I see it is the synergies. I have 6k shares of depo and I will be voting for it as it will make both companies more profitable. even geringer has bailed out of all of his HZNP. I have always postulated that the biggest bull on a board would always be the first to hit the door on the way out another proof to that hypothesis. biopharma is in the doldrums and it has not affected the premerger price of depo but it will once or if merger disappears. frankly I believe the political climate is not conducive for hznp to be buying depo but the things above
will make me vote for it.
I would say geri that is the biggest about face I have ever seen in a 24 hr period. it has always been one of my premises that the biggest bull on the board would be fhe first to vacate. gl