Seems funny to me how the management at B&L defend Warburg on here. Makes me wonder if it's warburg trolls on this board? Could be. When your CEO is a hand puppet to the board of a private equity firm do you realize how far down the totem poll mid level management really is. Just seems odd. B&L employees don't work for warburg. If warburg prospers B&L people don't benefit, only a very select few. So why do the ra ra dance?
Warburg making a profit on inflating B&L numbers says nothing about B&Ls standing.
By the way, B&L has not had Historic Growth. Earnings and sales maybe but so does every company that keeps growing even by a fraction of a percent. Try to live in the real world and stop with the corporate koolaid. B&L has acquired multiple product lines and taken on a billion in new debt. You better have higher sales and earnings if you buy a billion dollars worth of extra crap to sell.
I'm also not working for allergan. I own Allergan stock because in the pharma sector it has been one of the best performing stocks for a very long time. I think I stated that clearly. It makes me wonder just how dumb this HQ person is that they can't even read and comprehend basic english. Is it me, or are other people seeing this too?
I can tell by the writing style it's a woman. Is there an HQ troll in mid level management that is impossible to talk to and all about Corporate ra ra. That's who is posting the warburg defense. What a fool.
If that's any indication at the caliber of people in management no wonder B&L has nothing going on. I remember having the same type of conversations with people there and just thinking how dumb people are. That's everywhere though. Makes me glad I retired.
If B&L IPOs with numbers based on the Bloomberg "anonymous" reports. Then the IPO will flop just like facebook. Warburg will make billions on the IPO sale. Everyone else will be left holding stock at 50% of the IPO. Bet on it. It's the way wall street has been operating for decades now. Me shorting B&L IPO has less to do with B&L and more about Banks lying to maximize IPO sales for their customers ie. warburg. But I happen to feel confident in this one that the projections are bogus, having worked in the industry for 20 years, having worked at B&L for a decade, having kept an eye on the entire sector. I know the industry and the product lines.
Is there a single positive catalyst at B&L that would make me buy an IPO.
If anyone knows of anything. A new product doctors can't wait to use? Anything?
If not. It's a flop on the open.
Are the projections real? The numbers don't feel right.
Even if they are real, warburg wants a high premium for them. That spells disaster in an IPO for everyone but them. go back and read my other posts if you don't get it.
Do what you want. Just don't believe the kool aid.
If you are given shares, sell on the open. If you have to hold them. You'll watch that value implode. Then the real fun begins when quarter after quarter B&L has to publish real numbers. Then we will all know the real story.
Best of luck. I'm done trying to educate corporate trolls.
