Thank you B/Y, Your Walgreen posts are true Classics, they should go in the Walgreens archives, for the next C-suite Masters.
Yahoo, is missing a opportunity to create a file data base for investors that see beyond the P/R noise, magical earnings, M&A's
cover-ups and failed strategy's, that have created little to no value, Not just for Walgreens, but every listed investment.
As for The Analysts and Wallstreet investment funds that are fattened-up and inebriated with access from the C-suites, they would fear their own projections and misguided outlook if this was the case and return confidence in the market.
Informing the main-street investors about the financial toll from the Esrx impasse was avoided by Wallstreet with the misguidance supported by this Companies talking heads.
The buyout of Alliance boots was not a strategic move, it was
a financial necessity as Walgreens annual report shows.
Measurable indicators for revenue growth continuously declined
and market share eroded to the point of your Armageddon projection.
Leveraging assets with a bond rating downgrade are to be avoided
should you like to split the stock, which would now bring Wag into the RAD category.
3 years and all Walgreens C-suite could produce was a low stock price, Debt, and a European partner that works a franchise distribution model, which I think will grow quicker than all the buyouts with shifting of reserves, marketing costs, administrative
synergies Bull $hit.
You always kept your eye on the underlining problems of SG&A expence, which is the issue this company has left aside.
Perhaps. Pessina/KKR will change that, perhaps not..
But the Truth of the Matter is Wallgreens is selling a plate of Spaghetti to investors, Walgreens one day will need to account for the Revenue by the business models it is running.
If I was holding the Largest amount of stock as Pessina is, I and I am sure many others would also demand that in planning to grow a business this is a critical step.
Lastly, Walgreens C-suite has failed at managing its risk and Wall-street smart money knows it.
GLTA!!!
