Shire Share Discussion Threads

[toolsmoker] 16/10/2014 12:05

When are shires results due

[steeplejack] 16/10/2014 09:50

I don't think there's any rush to buy given the mood of the overall market.I wonder if any tracker funds might have sold a few on the expectation that Shire was soon to exit the FTSE 100.

[tsmith2] 16/10/2014 09:08

But ahead of the bounce next week? - trading update

[steeplejack] 16/10/2014 08:29

On the premise that there aren't that many good companies about,it's nice that Shire will remain in the FTSE stable.I only say that because,luckily,I sold my remaining holding some ten days ago.I'm not entirely convinced that Governments should keep shifting the goal posts while the game is in progress but they always have I suppose.

[cumnor] 16/10/2014 08:29

Great to see hedgies being stuffed here.

[adamb1978] 16/10/2014 08:07

Very pleased I sold at end of June for about £45!!

[arja] 16/10/2014 08:02

delayed opening !

[arja] 16/10/2014 06:26

pointscorer - will indeed and hit £32.65 equiv in USA before a slight recovery ! One thing for sure is that it will be volatile today.

[tsmith2] 15/10/2014 18:54

Ye or nay by Monday then..

[pointscorer] 15/10/2014 16:24

Looking good for it. Buys piling in.

Hope fully good mark up tomorrow as worse of the news is out and it can only get better

[tsmith2] 15/10/2014 16:20

A £41?

[pointscorer] 15/10/2014 16:11

Here comes the spike :-)

Very, very active and get an indication for tomorrow from the adr

[tsmith2] 15/10/2014 15:25

Spike into close?

[arja] 15/10/2014 14:20

easy way for governments to fill their coffers and a no braner for countries which have not so many companies !
What trading opportunities for traders with SHP today especially for those who got in early - I missed it dam it !

[steeplejack] 15/10/2014 13:35

The timing of Abbvie's announcement might have been prompted by Ireland's budget yesterday.The Times reports that Ireland will phase out a tax loophole that multinationals use to save billions of dollars.Ireland has responded to criticism from the EU and the USA,which enabled companies like Apple etc to cut their overseas tax rates to single digits.Shire is incorporated in Dublin of course.

[steeplejack] 15/10/2014 08:43

Yes,I would have thought so but best to let the dust settle.Might be that the U.S. administration have scared AbbVie off and any amount of tinkering might not save the deal.More work for corporate lawyers.

[tsmith2] 15/10/2014 08:35

Deal to be slightly varied..fall way overdone?

[steeplejack] 15/10/2014 08:29

An onerous break fee which suggests AbbVie hope to modify the terms of the deal.Why should Shire agree though.Would you accept a lower price for your house at the eleventh hour when it appeared to be all done and dusted.Why the delay by AbbVie in coming forward,US Treasury legislation against tax inversion came out about a month ago.Pleased I sold out.Now looking to potentially buy back in.

[bobsidian] 15/10/2014 08:14

A $1.6 billion break fee if Abbvie walk away.

Wow!

If Abbvie do walk away then the share price of SHP may take quite a further tumble than the current plunge in the share price. More likely they will revise the bid to strip out the tax advantage which could be lost.

[arja] 27/9/2014 18:08

what a recovery by SHP ! can not figure it out .

[apfindley] 23/9/2014 12:11

Taken some profits in Shire and added GWMO where news is coming, its about to rocket the next multibagger.

[arja] 23/9/2014 09:42

steeple and dataminer - thanks and I guess it had to be the main reason plus the market generally finding it tough as Dow futures falls . no chance of the merger not happening I guess.

[steeplejack] 23/9/2014 08:39

Fair enough to hit the stocks that have been firm of late but,at the end of the day,the US might do better to address itself to its corporate tax rate that triggers tax inversion in the first place.Corporate tax lawyers will be the winners here as they seek out further loopholes.The healthcare sector has taken a pounding which looks overdone to me.

[dataminer1] 23/9/2014 08:27

ARJA, yep. The reason is that the US have moved to close the tax loophole.

see the link....