Bronte Capital

The sometimes eccentric views of John Hempton

Thursday, December 17, 2015

Valeant: cash EPS, GAAP EPS and various covenants

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Today Valeant guided down its so-called cash EPS. You can find the press release at  this link . Lets just take the 3Q guidance as publish...
16 comments:
Tuesday, December 15, 2015

Valeant: O Tidings of Comfort and Joy

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As every holiday movie watcher knows, it’s your Christmas spirit—the  very   power  of  your   belief —that gives Santa’s reindeer the get-...
6 comments:
Tuesday, December 1, 2015

Philidor 2.0 business model

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In my  list of Valeant-associated pharmacies  I included one called Forsta LLC. The company Forsta, LLC was established in Delaware on 25 ...
20 comments:
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