Btg Share Discussion Threads

[fhmktg] 23/5/2016 16:11

With a p/e at around 42, there is 40% upside to get back to the levels just before the figures; keep the faith!

[muffmitz] 23/5/2016 14:52

Are you guys not grateful that I told you to fill your boots on May 6 at 574p? I timed the bottom exactly and stick totally with the reasons I gave for saying what I did!

This share is the object of a true Manichean struggle and does not respond to the normal criteria for valuation. There are other, almost metaphysical, reasons for change. I bought a lot that day but also filled up this year's Junior Isas for my 4 grand children.

As I speak I see no particular imperative to sell. It might go up a little bit more before the bankers/crooks manage to regain control....

[estienne] 20/5/2016 22:16

Solid share rising nicely

[cyman] 19/5/2016 22:35

Pot kettle black!

[icanhaveasmanyusernamesasiwant] 18/5/2016 16:53

3rd eye filtered

[3rd eye] 18/5/2016 16:04

Strong broker backing here........

BTG broker views

Date Broker Recommendation Price Old target price New target price Notes
18 May 16 Jefferies International Buy 619.75 850.00 840.00 Reiterates
18 May 16 JP Morgan Cazenove Neutral 619.75 780.00 800.00 Reiterates
18 May 16 Deutsche Bank Buy 619.75 755.00 740.00 Retains
17 May 16 Stifel Hold 619.75 - - Reiterates
17 May 16 Jefferies International Buy 619.75 850.00 850.00 Reiterates

[steeplejack] 18/5/2016 15:38

Hi Greg,We seem to have a penchant for these somewhat controversial medium sized pharmas .A bit of a chequered ride but both Indivior and BTG seem to be on turn for now.:)

[gregmorg] 18/5/2016 11:58

Agreed . But it is a "good story" that captures the imagination. Also I guess Crofab is the second largest product within the BTG stable by sales and has recently added an extra 20% market potential, treating the copperhead snake,so its not hard to see his focus. Like you I quite enjoyed the write up. If only they could speed up a bit as this corporate story has run and run--well sort of run!

[steeplejack] 18/5/2016 09:39

Good write up in the FT too (albeit the article is a bit obsessed with CroFab).Talks of Makin's drive to double sales in 5 years.Says that the company has been transformed etc and remains on acquisition trail.Varientha gets a brief mention as being a bit slow to take offer but company remains "optimistic".

[fhmktg] 18/5/2016 08:36

At last, a supportive article in the Torygraph!A new dawn!

[bookish] 18/5/2016 07:16

BTG PLC BTG.L:


JP MORGAN RAISES TARGET PRICE TO 800P FROM 780P BTG.L -


JEFFERIES CUTS PRICE TARGET TO 840P FROM 850P; RATING BUY BTG.L

18-MAY-2016 05:04:36

[a1ord53] 17/5/2016 18:06

17 May 16 Stifel Hold 609.00 - - Reiterates
17 May 16 Jefferies Buy 609.00 850.00 850.00
17 May 16 Numis Hold 609.00 654.00 654.00 Reiterates
17 May 16 Cantor Fitzgerald Buy 609.00 800.00 800.00 Reiter
17 May 16 Panmure Gordon Buy 609.00 800.00 800.00 Retains
17 May 16 Deutsche Bank Buy 609.00 755.00 755.00 Reiterates

[muffmitz] 17/5/2016 13:35

"resulting in adjusted PBT (before acquisition and reorganisation costs) of £93m, only somewhat ahead of our estimated £86m."


"0nly somewhat", eh? ONLY? 8%! This is 2016 where currently hardly ANYBODY beats the guidance. Somebody certainly got it really wrong and is covering his tracks......

They get paid to do this stuff, unlike us poor sods.

[thomasthetank1] 17/5/2016 13:12

Read Panmure Gordon & Co's note on BTG PLC (BTG), out this morning, by visiting hxxps://www.research-tree.com/company/GB0001001592

"Following early April guidance for group revenue at the upper end of the guidance range of £410-440m, revenues came in at £448m vs our earlier circa £400m estimate. Despite the strength of the beat on our revenue numbers, gross margin was lighter than we had pencilled in (69% vs 71%), resulting in adjusted PBT (before acquisition and reorganisation costs) of £93m, only somewhat ahead of our estimated £86m. Despite near-term revenue momentum, in our view a key challenge – which was highlighted at BTG’s interims (10 November 2 ..."

[revoman] 17/5/2016 12:17

Thanks, will check that out. Appreciated.

[fhmktg] 17/5/2016 12:05

Revoman, see under 'contingent liabilities' in the financial report.

[3rd eye] 17/5/2016 11:27

BTG after cracking results this morning being supported by brokers,
BTG PLC BTG Deutsche Bank Buy 607.00 586.50 755.00 755.00 Reiterates

SP Target 755p

[revoman] 17/5/2016 09:48

I couldn't see the DoJ comments, could someone supply some metaphorical glasses for me please?

[muffmitz] 17/5/2016 09:28

Hmmm, I thought the bankers/crooks were going to prevail first thing this morning, botting away at our beloved share. However there are some encouraging signs that reason and good sense has, temporarily at least, vanquished them!

Floreat BTG.

[steeplejack] 17/5/2016 08:32

There are clearly some very clever chaps posting on this board,some perhaps with biochemistry qualifications.Yet,for all the endless analysis,the stockmarket can be fairly simplistic at the end of the day.Varithena is slow to burn but there's good cost control,good revenue growth,a recent acquisition to concentrate attention and frankly,I think all the concern about Varithena has probably been discounted.Not that I didn't think a 10% fall in price first thing was feasible primarily because the market can be feral.Mistakenly perhaps but I see a very clear light at the end of the tunnel.

[steeplejack] 17/5/2016 08:20

There are,of course,some encouraging things in these results.Revenue growth exceeding top end forecasts,steady profit margins etc.