Btg Share Discussion Threads

[steeplejack] 19/7/2018 12:28

You can be certain that when a sizeable proportion of institutions vote against remuneration proposals,large investors feel that the management are being overpaid for the results they're producing.BTG joins Inmarsat in that unhappy camp.

[cerrito] 18/7/2018 22:26

I thought the Chairman seemed a bit nervous today but as this is only the second meeting I have been to I had no reference point but he must have been glad that the way the meeting was structured that we only got to know about the vote at the end and I have to say I have no idea for the negative vote.
Vistogard came up twice. First to the CEO if she was concerned that no other company would want to work with us after this experience.Shee seemed very laid back saying that the judgement was not balanced and that other companies would understand what had gone on and would be happy to work with BTG.
The Chairman was asked later what lessons the board had learnt from this £57m experience. He repeated that the judgement was very one sided and did not take into account the failing of the counterparty. He himself had personally done a thorough investigation into the facts of the matter and was satisfied with BTG's systems and that the main learning was to be very careful who you got into bed with.
From what the Chairman and CEO said the other learning is to get better lawyers.
It was a well run AGM with the Directors making themselves available, a good presentation, plenty of time for q&a and pretty good answers.

[cockneytrader] 18/7/2018 16:13

There is no doubt that IM side of the business is a gem, however you know my reservations. Best of luck to all holders.

[fhmktg] 18/7/2018 15:55

Let's see what the press and analysts have to say over the next few days!

[spyder] 18/7/2018 13:19

Lots of positive stuff coming out of the AGM.
One stark headline though, of the proxy votes reported ahead of the AGM, 24.75% voted against the Remuneration Report and 23.14% voted against the re-election of the Chairman - 2 very large votes demonstrating institutional angst with BTG.
That said, there was a convincing defence of the ex-FD's settlement arrangements, the background details do seem to justify the Board's decision.
All in all, a positive meeting and just what the Dr ordered!

[billbailey1] 18/7/2018 11:53

Marginally more sells than buys tells us what the PIs think.Still on my radar but so is £70m loss last year.

[steeplejack] 18/7/2018 10:24

What a curious divide remains between the management and the City’s appreciation of BTGs performance over recent years.The non dividend paying BTG remains curiously smug about near every sphere of activity while the shares lurk close to a 5 year low.An acquisition might do something to reboot City thinking and take an eye off real product challenges ahead but for now,the Dame has lost her sparkle.

[semper vigilans] 18/7/2018 09:58

It would have been an act of faith to keep all the shares and pay the tax herself.
Maybe I’m a bit old fashioned but it does look poor although it’s the behaviour to which we are accustomed.

[bargainbob] 18/7/2018 07:45

These will slowly get moved out one at a time , tie ups to replace these streams . Which is a risk with Louise in charge .

[cockneytrader] 18/7/2018 07:13

However risks remain regarding 1) Pneumerx, 2) Varithena, 3) CroFab, and 4) Zytiga appeal.

[fhmktg] 18/7/2018 07:13

A bold and positive update across the whole of the business.A strategic acquisition announcement to follow?

[cockneytrader] 18/7/2018 07:10

Bob - you may get your spike.

[bargainbob] 17/7/2018 20:56

Yes spike up to £6 :-)

[spyder] 17/7/2018 18:26

Good to see a close above £5.00 at last ... but will it ... last?

[bargainbob] 17/7/2018 17:45

Looking forward to a blue Wednesday .

[dp1umb] 17/7/2018 15:13

Bill if you look at the previous posts you will see ZYTIGA mentioned.

[billbailey1] 17/7/2018 14:41

I'm still out of this also, with shares in other places. BTG up 3% at present though I can't see why.You wonder if the vultures will be circling tomorrow. Shame because this co have earned me good profits in the past. ATB who remain.

[cockneytrader] 17/7/2018 13:23

Ali - I really don't know what the share price will do day to day. With the strong Zytiga results I would expect it to rise. However, I don't know what Gremlins might be in that statement tomorrow. There may even be some good news.

What I can tell you is I currently do not hold and I am not short. I have said it before these stocks can turn on a six pence.

[cockneytrader] 17/7/2018 13:10

Fhmktg - The money was set aside, but shareholders will require official confirmation.

[cockneytrader] 17/7/2018 13:08

Zytiga is a phenomenon. Should offer some respite. Cougar Biotech was a very shrewd investment for J&J. The Zytiga patent extension until 2027 would be very welcome for BTG, but that decision is entirely out of their hands. Anyway, at least some good news to add to the AGM statement tomorrow.

[cannyshoveyergrannyoffthebus] 17/7/2018 12:44

good , should buy lousie a few cut price beers .

[a1ord53] 17/7/2018 12:03

Zytiga up worlwide 909 mil
Us 486
Europe 423 mil

ZYTIGA















US

486

241
*
*
-


893

474
88.4%
88.4%
-
Intl

423

317
33.4%
27.3%
6.1%


861

607
41.8%
31.8%
10.0%
WW

909

558
62.9%
59.5%
3.4%


1,754

1,081
62.3%
56.7%
5.6%
OTHER