Angiotech Pharmaceuticals

ANP-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about ANP-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 1, 2010
What hurts them was they levered up for an acquisition using debt at the wrong time and have never been able to get out from under that cloud of debt and he doesn't think they will.
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What hurts them was they levered up for an acquisition using debt at the wrong time and have never been able to get out from under that cloud of debt and he doesn't think they will.
BUY WEAKNESS
BUY WEAKNESS
June 22, 2009
(Market Call Minute.) A lot of biotech stocks have done well. Would buy on a pullback.
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(Market Call Minute.) A lot of biotech stocks have done well. Would buy on a pullback.
DON'T BUY
DON'T BUY
June 12, 2009
Had 2 approvals, May 27 and June 8. This is on his Watch list but was far more interesting before May 27 so it now holds no interest for him. Might be okay for momentum players.
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Had 2 approvals, May 27 and June 8. This is on his Watch list but was far more interesting before May 27 so it now holds no interest for him. Might be okay for momentum players.
COMMENT
COMMENT
December 11, 2007
The stock has been hurt, but it is more of an issue because of stents. Sales projections are falling off. At this stage, you are probably facing tax loss selling for the rest of the month and then get a January bounce if the company has a decent outlook going forward. Competition has increased in this area.
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The stock has been hurt, but it is more of an issue because of stents. Sales projections are falling off. At this stage, you are probably facing tax loss selling for the rest of the month and then get a January bounce if the company has a decent outlook going forward. Competition has increased in this area.
HOLD
HOLD
July 5, 2007
Have had serious problems with their stents. The whole area is having issues. Excellent management. They have big pipeline and the technology is still excellent.
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Have had serious problems with their stents. The whole area is having issues. Excellent management. They have big pipeline and the technology is still excellent.
SELL
SELL
June 1, 2007
The whole market is going up, and this one is going down. Let someone else own it.
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The whole market is going up, and this one is going down. Let someone else own it.
SELL
SELL
May 1, 2007
A one trick pony with its coated stent. There is lots of controversy on drug coated stents.
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A one trick pony with its coated stent. There is lots of controversy on drug coated stents.
DON'T BUY
DON'T BUY
April 19, 2007
They're very focused on one part of the business, which is stents. There is a lot of competition in this sector. Revenue projections have been dropping.
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They're very focused on one part of the business, which is stents. There is a lot of competition in this sector. Revenue projections have been dropping.
COMMENT
COMMENT
April 17, 2007
Makes drug alluding stents. Its penetration rate in the US was 75% but has dropped to 65%. Will be launching in Japan in the fall. Have a lot of debt on the balance sheet and are in the process of selling assets.
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Makes drug alluding stents. Its penetration rate in the US was 75% but has dropped to 65%. Will be launching in Japan in the fall. Have a lot of debt on the balance sheet and are in the process of selling assets.
BUY
BUY
April 2, 2007
The worst news is already in the stock. At these levels, it's a Buy. Have product pipeline starting to develop. Looking at drug eluding stents in the Japanese market.
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The worst news is already in the stock. At these levels, it's a Buy. Have product pipeline starting to develop. Looking at drug eluding stents in the Japanese market.
DON'T BUY
DON'T BUY
March 28, 2007
A “ one trick pony”. There are now lots of questions to the effectiveness of drug-coated stents.
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A “ one trick pony”. There are now lots of questions to the effectiveness of drug-coated stents.
DON'T BUY
DON'T BUY
March 12, 2007
Not time to buy this one yet. They have the stent problem and the adoption problem. Lowering their earnings forecasts. Potential recovery, but wait for the recovery.
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Not time to buy this one yet. They have the stent problem and the adoption problem. Lowering their earnings forecasts. Potential recovery, but wait for the recovery.
DON'T BUY
DON'T BUY
March 12, 2007
Had a long-term problem with stents. Made a series of acquisitions which all look very interesting. Not sure what the effect of this will be. A raving buy at this price, but does not like buying a stock on the way down.
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Had a long-term problem with stents. Made a series of acquisitions which all look very interesting. Not sure what the effect of this will be. A raving buy at this price, but does not like buying a stock on the way down.
DON'T BUY
DON'T BUY
March 9, 2007
If it breaks $7.35, it is going to go lower. His model price is hugely coming down. In September it was $16 and now it is $10.73, which is a positive differential, but earnings are dropping.
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If it breaks $7.35, it is going to go lower. His model price is hugely coming down. In September it was $16 and now it is $10.73, which is a positive differential, but earnings are dropping.
DON'T BUY
DON'T BUY
February 13, 2007
Guidance for this year was quite poor. Their stent business is not going to be as robust. Company needs to diversify their asset base and have been slow to do that.
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Guidance for this year was quite poor. Their stent business is not going to be as robust. Company needs to diversify their asset base and have been slow to do that.
DON'T BUY
DON'T BUY
February 6, 2007
A great company but not something you should get into at this point. Can't see much upside in the near to intermediate term. Having real problems with clots on their stents. Losing market share. Guidance going forward is coming down. Sold her holdings.
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A great company but not something you should get into at this point. Can't see much upside in the near to intermediate term. Having real problems with clots on their stents. Losing market share. Guidance going forward is coming down. Sold her holdings.
DON'T BUY
DON'T BUY
February 6, 2007
Have been a lot of concerns on their stent products. As a result of this, they acquired a company that would give them revenue and earnings in the event the stents were pulled. Still a lot of risks.
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Have been a lot of concerns on their stent products. As a result of this, they acquired a company that would give them revenue and earnings in the event the stents were pulled. Still a lot of risks.
PAST TOP PICK
PAST TOP PICK
January 22, 2007
(A Top Pick Oct 16/06. Up 9.1%.) Still comfortable with this one. Decent, longer-term story.
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(A Top Pick Oct 16/06. Up 9.1%.) Still comfortable with this one. Decent, longer-term story.
BUY
BUY
December 18, 2006
Got hit with the stent recall for Boston scientific. There are some long-term issues with stents. FDA has decided that the safety issues were not enough to outweigh the benefits. Most of their earnings in the next couple of years will be coming from new products in the pipeline, not stents. Have been very active in acquisitions.
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Got hit with the stent recall for Boston scientific. There are some long-term issues with stents. FDA has decided that the safety issues were not enough to outweigh the benefits. Most of their earnings in the next couple of years will be coming from new products in the pipeline, not stents. Have been very active in acquisitions.
WAIT
WAIT
December 1, 2006
Have been trying to diversify away from their stent business, which is their major source of revenue. There is a fair amount of competition in the sector. Because of the drop in the share price, it could be subject to some tax loss selling.
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Have been trying to diversify away from their stent business, which is their major source of revenue. There is a fair amount of competition in the sector. Because of the drop in the share price, it could be subject to some tax loss selling.
TOP PICK
TOP PICK
November 8, 2006
Stock has come down a long way and valuation looks good. Maintaining their share of the coated stent market. That alone could justify the current price. Acquired another company where they can use the coated technology on other products. Lots of cash. Trading at 12 X earnings.
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Stock has come down a long way and valuation looks good. Maintaining their share of the coated stent market. That alone could justify the current price. Acquired another company where they can use the coated technology on other products. Lots of cash. Trading at 12 X earnings.
PAST TOP PICK
PAST TOP PICK
November 6, 2006
(A Top Pick Aug 21/06. Down 19%.) Had some issues with Boston Scientific (BSX-N) and some problems with their stents. Royalty rate is going down. Still likes the company. They are relying less and less on stents.
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(A Top Pick Aug 21/06. Down 19%.) Had some issues with Boston Scientific (BSX-N) and some problems with their stents. Royalty rate is going down. Still likes the company. They are relying less and less on stents.
DON'T BUY
DON'T BUY
October 18, 2006
Has been under pressure because of competition on their stents. Some controversy as to whether the coated is better or not. Because of this, it is more of a speculation than an investment.
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Has been under pressure because of competition on their stents. Some controversy as to whether the coated is better or not. Because of this, it is more of a speculation than an investment.
TOP PICK
TOP PICK
October 16, 2006
Has been pummelled in the past year. A bit of a contrarian play. Trading around 11 X forward earnings. Made in acquisition that has a great pipeline and, basically, you are paying nothing for that. The stent market is still growing.
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Has been pummelled in the past year. A bit of a contrarian play. Trading around 11 X forward earnings. Made in acquisition that has a great pipeline and, basically, you are paying nothing for that. The stent market is still growing.
BUY
BUY
October 2, 2006
Management is great. It is trading at a low price. Believes it is a buy.
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Management is great. It is trading at a low price. Believes it is a buy.
TOP PICK
TOP PICK
September 27, 2006
Stock recently hit a 52 week low. He is looking at the turnaround here. It has some growth and a good balance sheet. It is in a sector that he likes.
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Stock recently hit a 52 week low. He is looking at the turnaround here. It has some growth and a good balance sheet. It is in a sector that he likes.
BUY
BUY
September 1, 2006
Has come under a bit of pressure which now seems to be easing. Their main business is drug coated stents which they get royalties on. Recently made an acquisition and some of the synergies are now going to start working their way through.
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Has come under a bit of pressure which now seems to be easing. Their main business is drug coated stents which they get royalties on. Recently made an acquisition and some of the synergies are now going to start working their way through.
TOP PICK
TOP PICK
August 31, 2006
Tainted with the stent problem in the US. Incredibly attractive from an earnings point of view. Did some acquisitions that give them 200 new products that they will coat with the same technology they used for their stents.
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Tainted with the stent problem in the US. Incredibly attractive from an earnings point of view. Did some acquisitions that give them 200 new products that they will coat with the same technology they used for their stents.
PAST TOP PICK
PAST TOP PICK
August 4, 2006
(A Top Pick July 4/05. Down 27%.) Below the 50/200-day moving averages. Chart shows a strong downtrend. Had suggested this as a Christmas rally stock.
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(A Top Pick July 4/05. Down 27%.) Below the 50/200-day moving averages. Chart shows a strong downtrend. Had suggested this as a Christmas rally stock.
TOP PICK
TOP PICK
July 31, 2006
Just made a major acquisition. Their coated stent product is still going well. The stock has come under a lot of pressure. They are generating cash and trading at 12 X earnings.
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Just made a major acquisition. Their coated stent product is still going well. The stock has come under a lot of pressure. They are generating cash and trading at 12 X earnings.
DON'T BUY
DON'T BUY
July 4, 2006
Biotech stocks have not done well for quite awhile. Great company, but the market does not appreciate what they have in their pipeline. Big problem is that all their revenues are from stents via Boston who are having a number of recalls. Made a number of acquisitions in the last few years and expect they will start bearing fruit soon. Good management.
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Biotech stocks have not done well for quite awhile. Great company, but the market does not appreciate what they have in their pipeline. Big problem is that all their revenues are from stents via Boston who are having a number of recalls. Made a number of acquisitions in the last few years and expect they will start bearing fruit soon. Good management.
DON'T BUY
DON'T BUY
April 6, 2006
Coming out with other products is going to be their big task down the road. Hit and miss right now.
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Coming out with other products is going to be their big task down the road. Hit and miss right now.
PAST TOP PICK
PAST TOP PICK
March 28, 2006
(A Top Pick Nov 9/05. Up 4%.) When he picked these stocks, he was trying to play the Christmas bounce. All 3 failed to materialise. This is still in the basing period and has not broken out yet.
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(A Top Pick Nov 9/05. Up 4%.) When he picked these stocks, he was trying to play the Christmas bounce. All 3 failed to materialise. This is still in the basing period and has not broken out yet.
DON'T BUY
DON'T BUY
March 20, 2006
Manufactures coated stents. In competition with Johnson & Johnson (JNJ-N). A one trick pony. Boston Scientific (BSX-N) is a better way to play this.
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Manufactures coated stents. In competition with Johnson & Johnson (JNJ-N). A one trick pony. Boston Scientific (BSX-N) is a better way to play this.
VAGUE
VAGUE
February 14, 2006
He believes the sector is good, but has no position on this stock.
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He believes the sector is good, but has no position on this stock.
WATCH
WATCH
February 13, 2006
Just acquired American Medical Instruments. This is a very positive move which gives them the ability to grow. They'll have to do more of this to get the stock moving.
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Just acquired American Medical Instruments. This is a very positive move which gives them the ability to grow. They'll have to do more of this to get the stock moving.
DON'T BUY
DON'T BUY
December 5, 2005
Boston Scientific (BSX-N) is buying Guidant (GDT-N) which is a competitor of Angiotech. This is very negative for Angiotech. This company has been a one-hit wonder.
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Boston Scientific (BSX-N) is buying Guidant (GDT-N) which is a competitor of Angiotech. This is very negative for Angiotech. This company has been a one-hit wonder.
TOP PICK
TOP PICK
November 9, 2005
(A Top Pick July 4/05. Down 5%.) It is hard trying to read companies in the health care sector, but this one has had a long base with a lot of series of lows which seems to be that it is getting ready for a pop. All his picks are for a seasonal Santa Claus rally trade. If they move 20%, say thank you and get the heck out.
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(A Top Pick July 4/05. Down 5%.) It is hard trying to read companies in the health care sector, but this one has had a long base with a lot of series of lows which seems to be that it is getting ready for a pop. All his picks are for a seasonal Santa Claus rally trade. If they move 20%, say thank you and get the heck out.
BUY
BUY
September 29, 2005
Trading at around 13 X earnings which is cheap for a company that is growing. Market has given them a lot of credit for their coated stent, but is worried about competion and with them owning 75% of the market are not sure they can hold this. At a very cheap level now. Has bought it, and will continue to hold.
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Trading at around 13 X earnings which is cheap for a company that is growing. Market has given them a lot of credit for their coated stent, but is worried about competion and with them owning 75% of the market are not sure they can hold this. At a very cheap level now. Has bought it, and will continue to hold.
DON'T BUY
DON'T BUY
September 28, 2005
Using a 5 year chart as he wants to look at as it is coming back to multi-year support level. The trend is still bearish and there is no sign of it ending. Getting close to long term support and from that perspective it gets interesting. You need to see positive price action and some volume coming in.
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Using a 5 year chart as he wants to look at as it is coming back to multi-year support level. The trend is still bearish and there is no sign of it ending. Getting close to long term support and from that perspective it gets interesting. You need to see positive price action and some volume coming in.
BUY
BUY
September 19, 2005
Angiotech and Boston Scientific (BSX-N) are up against Johnson & Johnson (JNJ-N) which is like being in the ring with a heavyweight. Lost ground when they had their product recalled. Still a good company.
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Angiotech and Boston Scientific (BSX-N) are up against Johnson & Johnson (JNJ-N) which is like being in the ring with a heavyweight. Lost ground when they had their product recalled. Still a good company.