A break of 117.84 could move it up to 139.96 in short term. The buy rating at 9trading is set to 5.
TARO has just seen the last of the selling. Looks like a potential push higher with a EPS % past 5 Y of 25.00%. have you guys heard of awesomesto-cks. i started receiving their allerts and so far i am happy.
Drop in Short Interest: short interest has dropped 208,500 shares as of Feb 28 and is now dow to 2,460,100. For reference, total volume from Feb 16 to Feb 28 was 741,100 shares so short active represents around 28% of the trading activity for that period. Quite surprised shares are not trading higher. Short interest has not been this low since Aug 15, 2016 when amount was 2.44 mm shares. However, shares outstanding back then were higher prior to some of the buyback activity.
Novexatin Update: further significant value creation ahead in the next 12 to 18 Months
Novexatin developer Novabiotics taking in a new cash injection from existing investor Woodford Investment Management representing a “significant uplift” in the company’s valuation.
The investment will be used to fund further trials in the US of its potential “blockbuster” – a brush-on anti-fungal treatment called Novexatin, which is subject to an exclusive licence and co-development agreement with US healthcare firm, Taro Pharmaceuticals.
“Because we have got some data read outs over the next 12-18 months that is going to substantially change the valuation again,” said Mr Foulger.
Novabiotics raises a further £3million and looks to Trump-fueled M&A opportunities | Press and Journal
A leading light of the north-east’s fledgling biotech sector has raised £3million from investors as it considers a trade sale inspired by President Donald Trump’s proposed changes to the US healthcare market. Aberdeen-based Novabiotics has raised the
Who says TARO isn't poised for potentially massive upward movement? How can it with EPS estimate for next year sitting at 10.04? Ive been struggling with this stock lately. Some of my other trades have been from awesom-eSTOCKS which are working out pretty well.
...any news? how is the $250m share repurchase doing? when will be finished where can the stock price go?
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...ACADIAN sold 305k shares...any comment?
RDHL (MC $150M) $70+M Cash ..3 BLOCKBUSTER Drugs with P3 results in 1H 2017
RDHL is a brutally undervalued and almost unknown gem with many News coming within 6-7 months including Phase 3 Results from 2 Potential Blockbusters and NDA resubmission in early 2017 . Market Cap of around $150 Million and $60+ Million in cash makes this Biotech one of the most attractive in the Sector . This low float Stock is a gift below $10 with good News we could see $50 easily by end of next year .
Market Cap :$148 Million Cash: $62 Million Price: 9.70
Shares out 15 Million (50% of Shares held by Insiders alone)
Commercial asset: •Potential acquisition of certain commercial rights to GI asset currently on the market in the U.S.
1H 2017 :
RIZAPORT®(RHB-103): •Re-submission of U.S. NDA
RHB-104: [B]•Second DSMB meeting for the MAP US Phase III study for Crohn’s disease, including safety and interim efficacy analysis, with evaluation of option of early stop for success for overwhelming efficacy -Q2/2017 <<<<<<<< POTENTIAL BLOCKBUSTER ..GLOBAL MARKET SIZE : $5+ BILLION
BEKINDA®(RHB-102): •Top-line Phase III results (gastroenteritis) -mid-2017 <<<< MARKET SIZE $650+ MILLION •Top-line Phase II results (IBS-D) -mid-2017
RHB-105 (H. pylori): First Phase III study successfully met its primary endpoint with high statistical significance (p<0.001), confirmatory Phase III planned to be initiated H1/2017 <<<< POTENTIAL BLOCKBUSTER ..GLOBAL MARKET SIZE : $4+ Billion
URGENT HELP NEEDED _ PROXY VOTE I just confirmed, they have sent ONLY VIA POSTAL MAIL (despite my set preference to receive only ONLINE). Since I am traveling, I cannot vote by mail by 12/28. Is there any solution ? I have also sent this to my brokerage asking I need to VOTE ONLINE ONLY. Anybody any help ?
For the recent Taro proxy can anyone help me answer this question ? Proposal 1A states - The undersigned does not have a conflict of interest (a "personal interest" under the Companies Law, as described in the Proxy Statement) (hereinafter, a "conflict of Interest") in the approval of Proposal 1.
The options are YES and NO.
I do not have a conflict of interest under companies law and I want the company to know that. What should I answer ? Please let me know .
Chutzpah 1 – Billionaire Dilip wants me to pay him more than $1.7M ( all together) for “managing” Taro’s share down from $170 to ~$100. This guy and his gang have no shame? Chutzpa 2 and irony 1 – if Taro is found guilty in price fixing, Taro’s share will plummet, and Sun stands to benefit.
Interesting, I have still not received Proxy online Since I am traveling, I cannot access mail for the next few months. In any case, I have asked broker to receive ALL communications ELECTRONICALLY only. So anyone knows whats going on ? and what is the last date for the proxy vote ?
Why do I get the feeling that Sigurdur (Siggi) Olafsson has departed Teva to become the new CEO of Sun Pharma? Would make sense give the management re orgs at Sun and Taro. Kal is moving back to India for an "executive position" but was not named as the next CEO. Current chairman of the board at Sun is the formed president and CEO of Teva as well, so Dilip had no problem relinquishing control.
Wild speculation but would make sense, particular with the yesterday's Halol issues reported by the FDA. Also, think it would mean some major changes ahead in 2017 - and we could finally see further consolidation at Sun and a final Taro buyout.
That's my conspiracy theory Thursday prediction for 2017. BUY BUY BUY !!!
Way to go Mumbai based analyst for lowering TP to $135 (yahoo finance shows it)! The below don't matter to you - Increasing Profits, - Increasing Cash, - Increasing Pipeline, - Accelerated pipeline launches - 2 potential blockbuster drugs in Phase 2 (NVXT & ADPS)
3 Questions to JimKedrowski from a Shareholder 1. Why was CEO compensation not entirely aligned with Shareholder price? 2. Why doesn't Taro disclose its pipeline like all companies do?If you don't want to disclose the details of product/treatment condition, anonymize the product, anonymize the treatment condition and highlight the product market in $b, which phase it is in (so you are not giving any "commercially sensitive info")? I find there is ADPS which is now completing p2 for acne this month? If you don't disclose such info, how do you expect Shareholder price to ever match Shareholder value ? As a pharma company Taro gets valued in the market based on the future potential of its pipeline. It takes years for pipeline to fructify to earnings, so until then market would be in the dark and taro's shares deeply undervalued. Can you release the anonymized pipeline detail including pre-clinical, Phase 1, Phase 2, Phase 3 drugs, their $markets, expected timeline to launch, $sales of top competitor. Also, can you have a true independent director so the timing of clinical program is not manipulated by anyone to suit their vested interests? The upside of these long gestation period investments rightfully belongs to all shareholders. Do you agree ? 3. How come Sun finds 12-15 assets to acquire and Taro only finds 1 asset to acquire, despite the fact that Taro has negative leverage and huge cash, relative to Sun. Also, Sun is making investments in buying up branded phase 2/phase3 assets, why couldn't taro have made the same in the last 4 years ? If you do these things that are fair you may regain some trust