Shire Share Discussion Threads

[justiceforthemany] 19/9/2017 17:15

You're having a laugh right?
A P/E of 10 is 'over-priced' in your book?! [That includes the recent rise in sterling otherwise the P/E is 9.

Peers trading on P/E's of 30+

[montyhedge] 19/9/2017 15:49

Surely this is way over priced.

[justiceforthemany] 19/9/2017 13:04

GBP Sterling dropping back below $1.35 which should in a 'fair' market = share price rise here.

[steeplejack] 18/9/2017 09:59

Strong currency headwinds......for now.

[philanderer] 18/9/2017 08:38

Looks like another cr@p week on the way for SHP

[philanderer] 16/9/2017 07:21

Morning justice, off slightly friday and -1.2% for the week. Ftse100 at four month low.

At least I've got 88 degrees , blue skies and a lovely beach to cheer me up. Hopefully a market bounce next week and a better wifi :-)

[justiceforthemany] 15/9/2017 17:54

philanderer - down 1% for the portfolio this week vs wider FTSE350 fall of 2%

Managed to have a positive day today despite the FTSE350 crashing 1.1%
Debenhams and Spire helping.

At least Shire is now approaching the 'oversold' category again.
Up 1% in the US - fall here is all down to the surging £ which I very much doubt will last...

[justiceforthemany] 15/9/2017 16:40

Horrendous week for the FTSE.
FTSE350 down 2% and another pretty sorry one for Shire with the unwarranted boost in GBP not helping. No interest rate rise in 2017 IMO; 7-2 vote in favour of keeping things as they are remember. At least another 6 months I reckon.

[justiceforthemany] 14/9/2017 18:19

As my post from a few days ago highlighted even with a stronger pound of around 1.35 to the $ Shire is still trading on a P/E of 10 at current prices.

With similar pharma companies on P/E's of at least 15 this should be 5500p minimum

Hopefully a major pharma has noticed this depressed price and will submit a bid.

[philanderer] 14/9/2017 17:43

Downtrend still intact :-(

Off to Naxos for a while , hope the wi-fi's been fixed :-)

[romeike] 14/9/2017 15:19

Why is it ok for BOE to give out false information. Fact is they won't increase rates in the UK unless inflation FORCES them to.

[philanderer] 14/9/2017 13:29

Down today...

'Pound jumps as Bank of England hints at rate rise'

[justiceforthemany] 14/9/2017 11:34

Shire PLC SHP JP Morgan Cazenove Overweight 3,986.50 4,046.50 5,300.00 5,300.00 Reiterates

[philanderer] 14/9/2017 10:24

It's a good one for day traders as well , no stamp duty.

[justiceforthemany] 14/9/2017 10:04

As I said before this is all just BS. Technically the RSI had risen quite a lot and short term traders have been selling after their 10%. We all now the share price here should be around 5000p and in the near term 4400-4800p trading range. BTW Spire Healthcare dropped about 20% today. Heavily tipped for take over and good entry point IMO

[philanderer] 14/9/2017 09:21

Oh dear , sub 4000p again.


This fella's testing the patience (pun intended) ;-)

[demo trader] 13/9/2017 11:42

MPC tomorrow, may hint for early interest rate rise after strong CPI figure yesterday.

[justiceforthemany] 13/9/2017 11:20

Short term day traders have made their 10% here and have been selling out past few days. Little do they know Shire's true value is 5000p+ and a takeover offer is still highly probable.

[philanderer] 13/9/2017 09:22

The strength of the pound is pulling shares down in London this morning.

The FTSE 100 has shed 58 points, or 0.8%, to 7354. Mining giants, oil companies and major exporters, such as pharmaceutical group Shire and drinks firm Diageo, are among the fallers.

A stronger currency means their overseas earnings are worth less in sterling terms.

[philanderer] 13/9/2017 08:46

JP Morgan have cut their target price this morning from 5500p to 5300p

[ruethewhirl] 13/9/2017 08:14

How could the US listed ADR be up and the UK listed issue be down.

[mbmiah] 13/9/2017 07:57

Interesting romelke. Indeed yes.