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   Strategies & Market TrendsSpeculating in Takeover Targets


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To: richardred who wrote (5717)12/23/2019 10:01:58 AM
From: richardred
   of 7055
 
RE-ENZ speculation IMO why ENZ has potential





Roche to pay Sarepta $1B upfront for DMD gene therapy rights


by Nick Paul Taylor |
Dec 23, 2019 4:19am







Sarepta Therapeutics is in line to pocket up to $1.7 billion in regulatory and sales milestones, plus Roche is paying more than $1 billion upfront for the ex-U.S. rights to Sarepta Therapeutics' Duchenne muscular dystrophy (DMD) gene therapy SRP-9001. The deal comes days after Roche advanced its push into gene therapies by closing the takeover of Spark Therapeutics.

Sarepta has linked SRP-9001 to microdystrophin expression levels of up to 96% in early clinical tests, leading it to start a 24-patient placebo-controlled trial that is due to deliver data next year. Coupled to a safety profile that so far makes SRP-9001 look a better prospect than rival gene therapies from Pfizer and Solid Biosciences, the efficacy data have put Sarepta at the forefront of efforts to develop a one-shot treatment for DMD.

That has attracted the attention of Roche. The Swiss drugmaker is set to pay $750 million in cash and $400 million in equity upfront for the ex-U.S. rights to SRP-9001. Sarepta is also in line to pocket up to $1.7 billion in regulatory and sales milestones, plus royalties. Roche will pay half of global clinical development costs, although Sarepta will continue to handle the trials and manufacturing.

fiercebiotech.com

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From: E_K_S12/24/2019 9:00:03 AM
   of 7055
 
Wesco offers to buy Anixter for $90/share
Dec. 24, 2019 8:48 AM ET|About: WESCO International, Inc. (WCC)|By: Carl Surran, SA News Editor

Wesco International (NYSE: WCC) +8.9% pre-market after jumping into the bidding for Anixter (NYSE: AXE) with a $90/share offer, a 2.8% premium to AXE's closing price yesterday.

AXE said yesterday it had agreed to a sweetened offer from P-E firm Clayton, Dubilier & Rice of $86/share in cash and a $2.50/share contingent value right.

AXE +2.1% pre-market.

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To: E_K_S who wrote (5752)12/24/2019 10:45:36 AM
From: Paul Senior
2 Recommendations   of 7055
 
WCC. thx. I'll take it as an opportunity to exit my few shares now, with possibility of reentering later at lower price.

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To: E_K_S who wrote (5752)12/24/2019 11:11:29 AM
From: richardred
   of 7055
 
RE-WCC I sold out a little to early. I'm surprised WCC is gaining that much. Taking on the debt and they most likely will have to pay deal break up fees. If I still owned it. I would sell today.

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To: richardred who wrote (5754)12/24/2019 12:37:22 PM
From: Paul Senior
   of 7055
 
WCC. Referring to too early: I started to trim my position yesterday. And now we have the pop. Why does always seem that way? lol. Nevertheless, I am grateful for what I have received.

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To: richardred who wrote (5101)12/26/2019 10:11:50 AM
From: richardred
2 Recommendations   of 7055
 
SITT 2020 -With Brief Hypothetical Takeover Reason & Fit

1. ENZ- Message 32365206
2. VPG- Message 32248721
3. CTG- Message 32340354
4. CYAN- Message 32447640
5. LYBC- Message 31483408
6. MDWD- Message 32452892
7. MNTX- Message 32468214
8. VCEL- Message 32452892
9. MOD- IMO fits for a Private Equity portfolio.
10. ARTW- Message 31087878 Ward Jr. Takes it private?(Low premium)

P.S.
I currently own all 2020 selections through common stock. My Stock Sales Subject to change without notice. If Anyone is buying anything based from this list. Do your DD or you might be pee peeing & poo pooing. Many low priced non-investment grade.

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From: richardred12/31/2019 9:18:02 PM
   of 7055
 
Wishing you a Happy & Stay Healthy New Year in 2020.

For those who look in. I'll be back next year with some SITT commentary & results of this past year in 2019 .

Sincerely

Rick/Richardred

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To: richardred who wrote (5757)1/1/2020 3:39:51 PM
From: richardred
1 Recommendation   of 7055
 

2019 SITT year in review


After a dismal and humbling December 2018 which took the portfolio down 16.8%. This after being up 10% in November . I held on. The Dow's 1000 point gain just after Christmas seemed to get the ball rolling for next year. For myself, 2019 started off on the recovery path. In Feb. the first takeover hit outside the 2019 SITT Top Ten list.. SFS Smart & Final received a PE offer that was accepted.
One successful 2019 Top Ten hit this past year. #10 ASV . It was a biggie for myself. I nearly choked on my coffee when I looked at the portfolio screen in the morning. I had to make sure it wasn't a mistake. I saw the TO news to verify. Turns out ASV was my biggest TO percentage gain (300%+) of all time, and third biggest gain in 30+ years of investing. It was a cash deal to boot. All I could think about was the Nancy Sinatra - Up, Up And Away song. This year I thought about it, but I did no options trading I can remember. I however did more common stock trading than ever before. Swing and or position trading. Portfolio Gain for the year 45% or a little higher. I think I can comfortably say it. This as my return hasn't been updated since Nov. 30.

Biggest realized loss taken this year- ACET- Aceto Chemical went bankrupt. I held shares because I thought the assets could be sold & liquidated for more than the price I bought. This turned out not to be the case. Trading it for a profit earlier a few times helped eased the pain. To be sure their are more unrealized losses in my portfolio. I haven't been to the point where I've lost confidence in those positions as of yet. Many of the wise would say, sell take your losses and move on. Which I do many times in lost confidence. For myself it also helps having unrealized gains that are bigger than those losses. IMO that buys more time for recovery potential or other potential catalysts.

Biggest realized gains of the year
were weighted positions in ASV & HBIO & JVA
Trading gains in many stocks to numerous to mention all. A positive market helps in trading. IMO A bad market creates the best time to look for opportunities. However establishing or holding on to weighted comfortable long positions is essential in my strategy. I have no defined set rules, but think risk/reward with balancing in mind.

Biggest Surprises this year - The number of take unders or low percentage Takeout premiums this year (My observation) mostly smaller independents in the oil patch). The price BYND Beyond Meat reached upon it's IPO. The Stock price recovery of Tesla.

Portfolio Cash position currently about 17%. Once again I don't know what the new year brings. From current market conditions I do like to guess as many do, what will happen. However I am a Individual Investor Stock picker and not a market prognosticator or market technician. I sure do like to listen or hear opinions of what everybody has to say though. Many prominent stock prognosticators were wrong about this past year. Many changed their tuned or digressed. I have to give SI's Chief/Don credit where credit was do.

GITY- Good investing to you for those who decide to accept your own investing mission in 2020 . This whether it be Individually, through a Mutual fund, 401K, ect. I do what I do at SI because I'm passionate about Investing as well as tying to make money. I'm Sometimes to passionate I guess. So for that (mistakes) the key word for me(ADJUSTMENT)to market conditions or portfolio conditions. Been investing since an early age teaching myself and watching and learning from the Market Masters of now and times gone bye.

P.S.

On a more cheerful note than Last Years Hold On Theme- This years Investing Theme is Heavy Action . One thing I do know for sure there will be some heavy action in the Markets this Year. I'm Thinking Positive with the boy scout theme-(Always Be Prepared).
I sure hope the 2020 market theme doesn't turn out to be Take the Money and Run (Steve Miller Band).

Heavy Action by Johnny Pearson


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To: richardred who wrote (5758)1/1/2020 4:52:58 PM
From: Labrador
1 Recommendation   of 7055
 
RIchard - I wish you the best in 2020. i enjoy reading your board.

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To: Labrador who wrote (5759)1/1/2020 6:17:15 PM
From: richardred
   of 7055
 
Thank you and back at you with a good year in 2020. 20/20 Maybe such a year for a Visionary Investor?

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