Galen Holdings plc, the female pharma specialist, will post full year earnings on Tuesday.

Look for eps ~45-50pence putting the stock on an undemanding p/e of ~15. Sector average is 21, which may allow room for Galen to be re-rated.

Hope so I'm long at present, looking to add more when the indicators turn.

kandrews250,

Always difficult buying against the crowd, but volume seems to be picking up and price moving higher.

Name change to Warner Chilcott will in due course increase USA investor base on the share register. This in turn will increase U.S. broker coverage and I expect Galens strong earnings growth record to attract large U.S. mutual fund buyers.

Product base is well diversified away from higher risk HRT products and IMHO market has oversold bigstyle here.

TSQ.

Beginning to correct from oversold position. 750pence first target level, and from a fundamental point of view current earnings easily support that level.

TSQ - Nice little rise today and with the dow looking ok we might get a bit more.On my charts the trouble is the 737 mark we will hit the 200 & 20 day Exp MA rssistance. This might appeal to some profit takers some will already have 30ish ppoints and the 40/50s will be tempted. So it might be alittle choppy. If that gets passed then agree 750 is on the cards. LOL

I think the robust earnings outlook is the key to driving price higher. Gal always tends to under-promise and over achieve.

I remain a buyer up to 750p.

Good luck ka250.

Companys' purchase of its own stock yesterday at 690pence signifies its belief that it is currently being undervalued by the market.

Stock is currently trading at p/e of 13. With growth in earnings of 20-30% plus for the next 3-5years, PEG ratio is very low.

IMHO a great long term buy.

TSQ.

A further purchase was made of its own stock by the company at 698pence, strengthening the view that this is a good buying opportunity.

Name change on Monday to Warner Chilcott plc will give more visibilty to American NASDAQ investors.

Topped up myself, as IMHO chart, fundamentals and management all point to a higher rating.

Has he epic changed as I can not find a quote now ?

For Galen Holdings now read, Warner Chilcott (WCRX)

Company continues to buy back its own shares under 700pence.