Val U Search
08 May 2018
Re: And still... Takeda share price has risen and has reversed the small loss following the initial announcement of the offer.I've bought some more Shire shares today given the potential 20% gain when the deal is implemented; accept that there is likely to be an initial sell-off of Takeda shares by Shire shareholders but happy to wait 'til normal trading brings share price stability and potential further gains back to more historically typical Takeda share price levels.(Meanwhile getting a 4% dividend)..
axolotl
08 May 2018
Re: And still... So by the time the deal is done its value will be a lot less than £40 per Shire share. We might have already seen the peak in the Shire share price.
Rusty Jock
08 May 2018
Re: And still... The problem is there will be lots of selling pressure on the Takeda share price as unhappy institutions offload or reduce their stake in Takeda due to the massive increase in debt to do this deal , and then later once all the Shire holders dump their Takeda shares . Clearly this will be a headwind holding back the Shire share price .
Proverbs 26 vs 5
08 May 2018
Take over offer details Takeda Pharmaceuticals and Shire reported they have reached agreement on the terms of a recommended offer pursuant to which Takeda will acquire Shire. Under the terms of the acquisition, each Shire shareholder will be entitled to receive $30.33 for each Shire share and either 0.839 new Takeda shares or 1.678 Takeda ADSs. The acquisition terms imply an equivalent value of £48.17 per Shire share. Takeda said it believes the acquisition will: - Create a global, values-based, R&D driven biopharmaceutical leader incorporated and headquartered in Japan, with an attractive geographic footprint and the scale to drive future development; - Strengthen Takeda's core therapeutic areas, bringing together complementary positions in gastroenterology (GI) and neuroscience, and provide leading positions in rare diseases and plasma-derived therapies; - Create a highly complementary, robust, modality-diverse pipeline and a strengthened R&D engine focused on breakthrough innovation; and - Deliver compelling financial benefits for the shareholders of both Takeda and Shire, including significant accretion to underlying earnings per Takeda share, return on invested capital above Takeda's cost of capital, and expect it to generate substantial cost synergies of at least $1.4bn Takeda reported it has remained disciplined with respect to the terms of the acquisition and intends to maintain its well-established dividend policy. Story provided by StockMarketWire.com
gamesinvestor
08 May 2018
And still... The share price is languishing at 4033 -- some £6+ below the offer price.Very little confidence shown here.Games
gamesinvestor
08 May 2018
Firm Offer Just received - increased cash to $30 ish :-[link] currently suspended on opening, to decide the opening price.Time to move on from this I guess.Games
Val U Search
05 May 2018
Takeda offer - Hold & Hope Takeda share price has dropped about 7% (& stabilised) since the offer was announced (which presumably means a potential higher cash component of the offer to maintain existing share ownership at 51% level)Its currently at the bottom end of its 5 year range (4500 to 6500).Time is running out given the extension to 8 May but there is the option of a further extension.Personally I'm looking for a better return than selling at current Shire prices and therefore hanging on for a Takeda offer acceptance or longer term Shire price recovery.Not worried about holding Japanese shares for a while to realise a share price recovery
lotcangorong
04 May 2018
Re: Takeda Debt Ditch these now they're like a guy at a dance nobody wants to dance with except one girl who's doing it for a bet. Always ends badly for everyone
tabrown
04 May 2018
Takeda Debt For info:-[link] debt seems to be a big concern amongst analysts on the Taked takeover.
nk1999
01 May 2018
Re: Shire Shares within an ISA ADR = American Depository ReceiptFor shares listed outside USA, an ADR can be created so that the equivalent of shares can be traded in US.
cudntpikmynose
01 May 2018
Re: Am I missing something Dunno why link doesnt work.
cudntpikmynose
01 May 2018
Am I missing something [link] this going to go through and hence buy more or am I totally wrong. Again.
Razor Blade
01 May 2018
Re: Shire Shares within an ISA Please educate me Blingbling. What's an ADR (in this context}?
blingbling1
01 May 2018
Shire Shares within an ISA Does anybody know what will happen to Shire shares within an ISA, as I understand ADR 's cannot be held within an ISA
gamesinvestor
01 May 2018
A fair price? he seems to think so? -- Or maybe he just wants out at any price perhaps?"""The founder of Shire has come out in support of a proposed takeover by a Japanese rival. Harry Stratford, 70, who launched the pharmaceuticals company from an office above a village off-licence near Basingstoke in the mid-1980s, said that a £46 billion proposal from Takeda represented a “fair price”. – The Times""Games -- I'm beginning to think likewise!
