It’s happening this time, but will take a year

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yes! Good by Phlem.

“Shire shareholders are impatient with their company's recent disappointing performance, following the widely criticised acquisition of Baxalta for $32 billion in 2016, which has added to pressure on CEO Flemming Ornskov.

"The market does not like what Shire is doing, what it did with Baxalta, the fact it's heavily geared and the strategy of the CEO," said one top-30 investor. "A lot of shareholders would probably think if you get a credible bid for the business then ‘thank God’, and we can move on."

A second investor said confidence in Ornskov had been eroded, increasing the likelihood of a deal if Takeda came up with a fair price.”
 












12-month price forecasts for Shire PLC have a median target of 209.00, with a high estimate of 260.00 and a low estimate of 154.00. The median estimate represents a +36.14% increase. Great stock and CEO !
 






anonymous said:
yes! Good by Phlem.

“Shire shareholders are impatient with their company's recent disappointing performance, following the widely criticised acquisition of Baxalta for $32 billion in 2016, which has added to pressure on CEO Flemming Ornskov.

"The market does not like what Shire is doing, what it did with Baxalta, the fact it's heavily geared and the strategy of the CEO," said one top-30 investor. "A lot of shareholders would probably think if you get a credible bid for the business then ‘thank God’, and we can move on."

A second investor said confidence in Ornskov had been eroded, increasing the likelihood of a deal if Takeda came up with a fair price.”
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Dear Flemming -

Please listen to the shareholders. Most of us feel the same. Rest assured that you have done your part, but now your time is up. We are ready for you to move on.

If this deal doesn't happen, we expect to see you step aside and the board to announce a succession plan, allowing a new leader to chart a pathway for us. Status quo is simply not good enough for any of us.

Sincerely,

The Top of the Upside Down Pyramid
 






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