4Q09 Relenza royalties ann. due out 11 pm tonight, here are the current tips: Poster royalty tipprediction ($m)
Analysts(4): ABN AMRO Morgans 11.6 [11-06-2009] Taylor Collison 9.5 (19.3 if productn ramped + doses sold) [12-06-2009] Wilson HTM 9.4 [16-06-2009] RBS 5.9 [30-04-2009]
HC-posters(23): PortableAlpha 24 mjmj 30 jojosydney 21 abobo 27.2 autoflight 22.5 202020 19 forbes40 35.7 (lofty) farmer fred (21m doses of Relenza sold) Yilgarn 32 simonj 45 lthigham 20 pjninnis 13 dleb 33.5 prophet4me 20.5 wllmtrish 18.5 618600 25.5 googala 18.9 queenfish 8.763 (in range of 4.4 - 13) MrCrankyPants 25.5 (2.55 if CEO 'cooks' the royalty) simonj's Wisdom of Crowds 24.475 wilsojrw 0 (what miso said + 50%) greyhound41 11.3 (analyst-like analysis?!) SYSTEMS 45 hobi1 49.3
Taylor Collison values BTA at $1.80 with the $9.5m royalty. A re-value needed? (Yes.) Their forecast earnings for FY10 $32.8m needs a significant update if the media reports are correct. RBS in April at initial swine flu outbreak estimated sales of $49m for FY10 (which they stated may prove conservative).
BTA Price at posting:
$1.62 Sentiment: Buy Disclosure: Held