Member Info for Redtom

Based on the share price over the last few months I can only conclude that SHP will miss its targets at both Q3 and Full Year. We will find out the first of these misses on Friday. I only hope that the below par results are only marginally worse than expected. Any genuinely bad results could send this close to �30.

Oh no, that was the closing price 20 Oct 2016. What a difference a year can make.

Mulder, totally agree. I've seen 'guru' before and it is pretty poor and I certainly wouldn't rely on it for any investment decisions.

Nice to see a 3 digit rise. Not seen one of those for quite a while. I'm guessing that much of this is down to the dollar strengthening against the pound.

I totally agree with you and suspect there is something not quite right somewhere. No doubt it will creep out (perhaps as part of Q3 results or Full Year results) but hopefully it is already priced in.

I used to trade this quite a bit (not shorting as I dont really know how to do it) so very short term in and outs but I'm now locked in for a while as I dont want to book losses. Sadly I have a very big stake in this so I will be patient. Hope those Q3 results are positive otherwise this will fall further. I'm looking fro an exit in range of 46 to 48 which looks a little fanciful as we currently look. I may well revise this down if gets into the low 40s. I know how you feel when you say there are a lot of better opportunities out there. I agree.

SHP continues to be a bad place and is very unloved by the City. It is almost as if there is something bad out there that some know about but has not become public knowledge as yet. All very puzzling and no end of the bear phase for SHP. Can't see any chance of a bid for a couple of years given the level of debt so I guess the weigh up between risk and reward is still pointing to the risk side, ie the risks are still very high and inve.stors are steering clear. At what price does this cycle reverse? £Maybe around the £35 mark? Who knows. Best luck all and I hope you have patience!

What a difference a year can make. A year ago the recent acquisition was still very fresh and there was a lot on uncertainty about integration. A year on , Baxalta has been well integrated, results have been as good as forecast, synergy savings are ahead of plan, debt is starting to be paid down. Logic would dictate that the price should rise given those facts but no, this is SHP and it does things differently. Why follow an upward market trend when it can have a 25%+ drop instead. Sod the shareholders, I'm SHP Management and I don't care about you annoying little private investors.

No result due for a while. Q3 in early Nov are next key date (subject to any medical announcements in the meantime. They really have to hit or beat expectation to make the SP move north. I think their results (both Q3 & FY) will be disappointing so I fear that the SP will stay in the mid/late 30s rather than jump into the low 40s. Hope I'm wrong but pessimism seems to grow when you hold these shares!

Not a good start. Could be a painful few weeks ahead.

Sadly your prediction of 38 is pretty close as we speak!

After a decent couple of weeks I see freefall is back. Shame. Not quite sure why today though?

JP Morgan state 5300p is a fair price. If only...............

As you say Shire reports in USD whereas the SP is in GBP. So a strengthening of GBP means a reduction in the SP (ie GBP value) given stable USD earnings. This is the same for many UK listed companies with earnings in USD.

I guess a retracement would be expected, particularly given the strength of GBP v USD

6300p. If only the broker forecasts were anything close to reality!

That was the kiss of death. Now 3980.

Nice to see the SP starting with a 4 again. The last week or two have been very promising and it seems as those the negative fibes have gone again (for time being anyhow!)

After a few months of feeling very depressed about SHP, I'm starting to feel optimistic once again. It seems that the tide has turned (we're about £3 above the recent low). The broker/press coverage is mostly upbeat with a common view that this is quite significantly undervalued. It is almost as if no-one noticed that the current year PE is about 10 which is strange fro such a big company. I personally think that we need to get to next Feb and the company needs to report a good set of results that are as good as forecast. At than point the historic PE will become 10 (rather than the various high multiples banded around) and hopefully the forecast PE will be lower again. Also positive cash generation (ie to pay off some debt to reduce ratio as recently announced) would be a necessary requirement. On the downside it is unfortunate to know that there is no current takeover discussion with SHP but that could always change if the SP stays around £40. I would welcome a slow but steady increase up to around £43 by result date in Feb and then into mid £40s by Q1 results. All subject to nuclear war not breaking out in the meantime.

The dividend will not cause any drop other than the 3-4p exdiv effect. Any other movement will not be dividend related whatsoever!