Alliance Boots, Portugal Banking, and Healthcare Costs:
I See this Investment board has dried up of any interesting discussions.
So let me inject a though into Walgreens selling price, its merger news and inversion questions.
Well, Walgreens has the Russia issue, that Alliance boots has a Wholesale operation in, and questions if its book value is overrated as the European sanctions are in effect.
Perhaps Walgreens recent statement was for another Counties over-valuation on a Alliance Boots operation.
So, now a new problem has arisen and that is in PORTUGAL, yes Alliance boots is the Largest Drug Wholesaler in this country.
Portugal has recently announced its second largest bank(some say it largest) has Money problems, you know cash issues that require a bank to have sufficient funds to pay its bills and return its depositors funds upon request.
This could set off another round of cost cuts in Government funded services, and guess what??? payment for Prescription drugs in Portugal is one of those services..
But, don't despair yet, as Walgreens Corporate inversion revenue will make up for any European cuts in Wholesale drug prices.
Celesio is the second largest Rx Wholesale distributor in Portugal, so don't be surprised if Mckesson will be the next USA company looking into avoiding USA taxes.
Lastly, not one of you investors care to question Walgreens pulling down its 2016 earning guidance.
Now, I can understand why Wall-streets analysts don't ask this question as their Employer/Companies underwrote the AB deal and are still holding millions of shares in there own trading accounts.
So why did Walgreens redact it 2016 earnings guidance in plain sight.. like a Magician doing a card trick?
GLTA!!
