I hodl my 250 pieces to the bitter end. But I won't be buying any more. Currently 38 percent down which means over 5k.
•
1111
•
@Tobi60 and what makes you feel positive at the moment? Simply the fact that it was well managed?
••
@Tobi60 I will continue to hold my position. Even if it takes years :)
•
11
•@RealMichaelScott and then people wonder why they are burning more and more money 😂
•
11
•@RealMichaelScott Well, they are still the market leader in diabetes. And the number of diabetics is increasing.
There's no way of knowing, but I can't imagine that the most valuable company in Europe in 2024 will no longer be relevant three years later
There's no way of knowing, but I can't imagine that the most valuable company in Europe in 2024 will no longer be relevant three years later
•
11
•@Tobi60 Yes and no. Several patents for their diabetes drugs are about to expire and this will push down the price. At the same time, the political agenda in the USA is "USA first" and Eli Lilly has a clear advantage in the US market. They are also losing the race for weight loss products.
All in all, over the next few years I see a lot of pressure on margins, falling profits in the US market and a lot of costs for the development of new drugs. All of this in itself would be manageable if the management could credibly communicate what the plan is and also create transparency for shareholders.
All in all, over the next few years I see a lot of pressure on margins, falling profits in the US market and a lot of costs for the development of new drugs. All of this in itself would be manageable if the management could credibly communicate what the plan is and also create transparency for shareholders.
••