Gamesinvestor1
14 Sep 2018
China Takeda gets China’s approval for $62-billion Shire purchase. Takeda Pharmaceutical Co Ltd said on Friday China approved its purchase of Shire Plc, the latest regulator to clear the $62 billion (47 billion pounds) deal and bring the Japanese group closer to becoming a global top 10 drug maker.
Gamesinvestor1
07 Sep 2018
Still in? Indeed it’s very quiet. I’m trying to do my bit and post as much info as possible but get few responses or comments - probably my lacking in composition style lol ! The decline from 45XX to 43XX is a bit worrying and I wonder if there is rumour that the deal won’t get a positive vote from Takeda’s shareholders. I think anything about 45XX and I’m going to halve the holding again - this could be dead money. Games
axolotl
07 Sep 2018
Still in? hi games - this discussion board now seems almost dead! no replies after 12 days - what’s the point? -axolotl
Gamesinvestor1
26 Aug 2018
Still in? Who’s still holding this? I sold half and holding on of late, but have no idea if this will complete. Takeda and SHP share prices have been recovering of late. Games
Gamesinvestor1
24 Aug 2018
FDA Approval [link] I guess this is the reason for the 2.2% jump up this morning, although I’m not sure just how much monetary value this has. Games
Ripley94
01 Aug 2018
Business Update SHP… XXXX Sold my original buy ( D ) today @ 4440 a similar price . Have the cheaper top up. The div is only 0.57 % ( more than some bank Accs )
pancaked
24 Jul 2018
US Clearance I only have a relatively small holding, but am holding on as price (generally) increases. I only hope I’ll know the moment to get out
Gamesinvestor1
10 Jul 2018
US Clearance BOLSAMANIA Takeda gets clearance for Shire deal from US FTC Takeda Pharmaceutical has been given permission by the US consumer protection agency for its takeover of UK drug-maker Shire. “â€"“Takeda said on Tuesday morning that its has received unconditional clearance from the Federal Trade Commission for the proposed acquisition.â€"" One more hurdle I suppose - lifting the price of the half i haven’t sold yet. Games
Gamesinvestor1
03 Jul 2018
SHP Current valuation Takeda doesn’t look like a startling success and with an average net profit over the last 5 years of 100M yen against over 1BN yen borrowings seems like a strange position to start taking on a bigger company for an effective $80BN. It must be confident about the growth, or it is going to sink under the debt. Or is it the old professional manager playing with other people’s money just to be seen to be doing something? Games
Gamesinvestor1
02 Jul 2018
SHP Current valuation In an attempt to answer my own question, this was the offer as of the close around the 8May :- Shire shareholders will grab $30.33 (£22.42) in cash and 0.839 new Takeda shares, unchanged from the company’s final offer. If the deal closes, Shire shareholders will own around half of the combined business. So the cash component was priced in $ on that day so the cash component has probably risen a bit as the $ strengthened - so about £23.11 according to currency converter. Takeda shares are listed in yen and they are currently 4560 yen - so 0.839 of it = 3825 yen. Converting that back to sterling is about 26.31. So the rough calc gives around £23.11 + £26.31 = £49.42 It’s kind of holding up, due partly to changes in the $ and changes in Takeda share prices and the yen / £ exchange rate. Lots of factors, but the big discrepancy is £49.42 minus today’s share price of £42.39 = a 14.2% difference which reflects the low level of confidence of the deal going ahead. Given that I can’t imagine anyone wanting to hold this with it’s combined debts, split listings and what have you, I’m wondering if sayonara is the right approach. I took profits on 1/4 of my holding last week – I’m thinking of de-risking a bit more this week. Games
Gamesinvestor1
02 Jul 2018
SHP Current valuation Assuming the current Takeda share price and the current SHP share price, has anyone run the numbers to get the value if the deal completes at current prices? Games
Gamesinvestor1
28 Jun 2018
Shareholders fail to block the deal In the first round BOLSAMANIA Takeda shareholder group fails first attempt to block Shire deal A group of Takeda Pharmaceutical shareholders has failed in its bid to try to block Japanese company's $62bn takeover of London-listed Shire. Games
KeithLeo
05 Jun 2018
Done it More turmoil, see below, so decided to take a loss and sold out today. From Seeking AlphaBlasting the deal as "the height of madness," a group of shareholders including several founding family members of Takeda Pharmaceutical (OTCPK:TKPYY) have joined forces to derail the Japanese group's £46B acquisition of Shire (NASDAQ:SHPG), FT reports.The dissidents hold just over 1% of Takeda’s stock, but their campaign has drawn outsized attention in a country where founding family voices can hold emotional sway over the votes of mom-and-pop investors, who account for one-quarter of Takeda's shareholders.
Neil J Stanley
04 Jun 2018
Finally sold after holding from IPO on 21st January 1996. Finally out on Friday at 4045Bought for 178p (and PEP'd) when IPO'd on 21st January 1996 so a 2,172.75% profit.I've had worse results! ;-o)Good luck to remainers.
axolotl
04 Jun 2018
Re: What To Do Time to leave this sinking ship. No deal would be better than the fading chimera of the current deal. It's just like Brexit but least we have a chance to cut our losses.
