Member Info for redwineday

What they earn and what they spend are 2 different things They have improved earnings by cutting costs.

Probably rose tinted specs (maybe thats blood tinted) but I thought he answered the questions well.

At least they acknowledged the forecasting issue.

Problem is whack a mole. They fix one thing and another problem appears.

The debt is in line with what they said previously. The issue here is margin. The advertising market is down, you can forgive the revenue to be be down. What they haven't done iMO its manage the cost in the business to match the falling revenue and that's because their forecasts have been too optimistic or late.

The business has convinced the finance team all was well and she has been caught out 3 times this year. unforgivable.

Got to agree.

Revenue as expected but margin another 5% down. Horrible.

Don't understand how the forecasting in this business is so bad other than the CFO cant work a calculator. She should be fired.

Somebody has to sell them before your friends can buy them!

The fact that we are all sitting here with basically no idea what will happen says it all. The market needs to see no change to the previous outlook to have confidence there is a handle on the numbers. SMS is long enough in the tooth to know this. That said I would have said the same thing 2 profit warnings ago.

Certainly seems to be a seller constantly dripping 100-150k lots into the market.

Frankie

The first link you posted is for all UHC plans - correct?

If so I think this is big news. Whilst there is a requirement for the patient to have tried OTC iron, I think this is also the case for the other existing pharmacy regimes STX have already 'won'.

My point being the growth YTD has been done under the same conditions and now the biggest health insurer in the US has introduced the drug under the same conditions so one would think it would in time have significant impact.

Frankie

Well spotted.

Does 1 State means all states?

The market is the same for all but they maintained a margin of 17%. This is what S4 need to be concentrating on.

Can it break 40p!

Also divi is due tomorrow I think so ex dvi date was a couple of weeks ago.

Market starting to believe interest rates topped out?

This company should not be publicly listed. Levels of transparency are shocking. Look at today's RNS. No outlook, no forecasts, zippo.

BOD are complicit. The company SP has gone form 80pm to 10p in 30 months. and from 120 to 10p in less than 5 years and yet the same management team are in charge. You trying that with your employer or own business and see how far you get.

Punters only here betting on red or black. BOD and non controlling interests are the house winners.

Yep, definitely ducked

Maybe the same people who had the inside info to sell are doing the same in reverse...

Yep, somethings happening

Thinking about Viatris position in the future.

We know they are committed to spending $30m (let's assume the sales milestones are hit at some point). Today the market cap of STX in USD is c $60m, so for a theoretical $30m ( 60m - the 30m they have already booked) Viatris could pick up STX and have a global sales force monetise the asset very quickly. They could probably get their money back in 1-2 years.

Now obviously they need a willing seller at 30m which I'm sure they would not have but AOP is a seller at some pont. If I were Viatris and thinking about the Accrufer opportunity I would want to own it asap as the longer time goes on the higher the valuation based on the increasing RX numbers.

I think discussions between AOP and Viatris must be either happening or on the cards.

I'd love to know AOP's holding cost!

A statement of the obvious. You have no idea what's happening by simply looking at who is buying and what is reported in PDMR's. Who owns the bonds and collecting the interest payments? Who is either shorting or taking out CFD's hedging their long positions? Billionaires don't become billionaires without playing both sides of the trade. There are plenty of bankers ready to assist in making sure it's the long only side who pay the price. Look at the original IPO and laughably GS still are shilling it. I would say they should be ashamed but then again I'm talking about the shameless.

If you are in the swimming pool with sharks like then you had better be a fast swimmer.

A month or so old but v interesting.

https://www.youtube.com/watch?v=O-aDqTObIDI