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Post by longliner on May 24, 2020 13:04:33 GMT -5
What a concept, money for growth and the chicks for free. šøš³ It's getting to you rock.š¤£ Time to take that Grandson fishing. |
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Post by radgray68 on May 24, 2020 14:02:07 GMT -5
The corporate world has traditionally given CEO's a 5 year tenure to turn a company around. Given my ongoing approval of the moves he's made thus far, and short of getting caught in a compromising situation with a donkey, I feel Mike still has 2 more years to take it as far as he can before I would seriously re-evaluate his employment.
We all know the serious cash and product issues he faced coming in. I find it laughable to think about changing CEO's. Novice, irrational, illogical and shortsighted thinking.
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Post by cretin11 on May 24, 2020 14:17:13 GMT -5
No other company which has this solid revenue trend? I must be missing something here. Apparently,Ā this is what mango wrote in the "annual-shareholders" thread today:
Annual Shareholder Meeting Notes
ā
Afrezza net revenue increasing ~7x over 3 years
ā
Afrezza TRx increasing ~3x over 3 years
Do you have a competing company in mind?
Those numbers are so obviously cherry picked. If you start with a minuscule number, then 3x and 7x increases donāt look so impressive. Looking at the actual net revenue is more instructive. Itās like the basketball coach who wins 1 game in a season and loses 19. Next year he goes 3-17 and says āsee how great Iām doing, 3x increase in wins!ā |
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Post by morfu on May 24, 2020 14:21:02 GMT -5
Apparently, this is what mango wrote in the "annual-shareholders" thread today:
Annual Shareholder Meeting Notes
ā
Afrezza net revenue increasing ~7x over 3 years
ā
Afrezza TRx increasing ~3x over 3 years
Do you have a competing company in mind?
Those numbers are so obviously cherry picked. If you start with a minuscule number, then 3x and 7x increases donāt look so impressive. Looking at the actual net revenue is more instructive. Itās like the basketball coach who wins 1 game in a season and loses 19. Next year he goes 3-17 and says āsee how great Iām doing, 3x increase in wins!ā I am not sure how what you are talking about is at all relevant, I have never heard of a basketball team which would improve measurably and continously over three years. In companies this is a rare and very good thing.
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Post by awesomo on May 24, 2020 14:25:36 GMT -5
Those numbers are so obviously cherry picked. If you start with a minuscule number, then 3x and 7x increases donāt look so impressive. Looking at the actual net revenue is more instructive. Itās like the basketball coach who wins 1 game in a season and loses 19. Next year he goes 3-17 and says āsee how great Iām doing, 3x increase in wins!ā I am not sure how what you are talking about is at all relevant, I have never heard of a basketball team which would improve measurably and continously over three years. In companies this is a rare and very good thing. Off the top of my head, the Milwaukee Bucks currently from 2015-2020 (5 years), and they started at a decent baseline unlike MannKind who started at the bottom. www.basketball-reference.com/teams/MIL/The fact is, Afrezza is still losing a lot of money and script growth is anemic. |
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Post by Deleted on May 24, 2020 15:07:43 GMT -5
Success for me is seeing Sales Increasing. Seeing more patients using Afrezza each month. Seeing the Salesforce growing. Seeing the company going in the right direction. I'm a patient investor and as long as I see the company making good decisions I am fine with it. Mike stepped into a bad situation and he has turned it around and now has a strong foundation and a strong management team. MNKD is stronger now than ever. Success is in progress. I am certain sales will increase and the salesforce has to grow for that to happen. The real question is what does successful sales growth look like. By your measure Mike would be judged a success as long as sales do not decline. Realistically MidCap has set the minimum growth numbers. Mike has to grow the Afrezza net revenue by 44% from today over the next year. That increases with time so next calendar year Mike has to hit an Afrezza net revenue increase of 59%. Is success better than the bare minimum to hit the MidCap target, and if so by how much? Or is simply meeting MidCap success (and failing to hit MidCap is failure)? Why are you using Mid Cap as your benchmark for success? It could become irrelevant if MNKD signs an equity deal and pays off Mid Cap. Success is subjective.....You have your measurements...I have mine. |
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Post by agedhippie on May 24, 2020 19:57:13 GMT -5
... Is success better than the bare minimum to hit the MidCap target, and if so by how much? Or is simply meeting MidCap success (and failing to hit MidCap is failure)? Why are you using Mid Cap as your benchmark for success? It could become irrelevant if MNKD signs an equity deal and pays off Mid Cap. Success is subjective.....You have your measurements...I have mine. I am using MidCap because it's the bare minimum that must be hit. As for doing an equity deal and paying off MidCap that would be normal after all that's what was done with Deerfield - a succession of dilutions (equity deals) settled the Deerfield debts. I am sure you remember what those deals did to the share price. You still haven't said what your success metrics are, I have told you mine. |
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Post by longliner on May 24, 2020 21:05:38 GMT -5
Why are you using Mid Cap as your benchmark for success?Ā It could become irrelevant if MNKD signs an equity deal and pays off Mid Cap.Ā Success is subjective.....You have your measurements...I have mine. I am using MidCap because it's the bare minimum that must be hit. As for doing an equity deal and paying off MidCap that would be normal after all that's what was done with Deerfield - a succession of dilutions (equity deals) settled the Deerfield debts. I am sure you remember what those deals did to the share price. You still haven't said what your success metrics are, I have told you mine. Aged, he backs his success metrics with cash, not posts. What would make you do the same?š |
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Post by cretin11 on May 24, 2020 21:53:49 GMT -5
I am not sure how what you are talking about is at all relevant, I have never heard of a basketball team which would improve measurably and continously over three years. In companies this is a rare and very good thing. Off the top of my head, the Milwaukee Bucks currently from 2015-2020 (5 years), and they started at a decent baseline unlike MannKind who started at the bottom. www.basketball-reference.com/teams/MIL/The fact is, Afrezza is still losing a lot of money and script growth is anemic. Yes, the Bucks are an example and there are many others, itās a pretty common thing in sports. And Iām puzzled by anyone who looks at our script numbers history and characterizes it as a continuous record of success. Perhaps they werenāt around back when we were all doing our pre-FDA approval calculations of where scripts would be after year 1, 2, 3, etc. |
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Post by cretin11 on May 24, 2020 21:57:08 GMT -5
I am using MidCap because it's the bare minimum that must be hit. As for doing an equity deal and paying off MidCap that would be normal after all that's what was done with Deerfield - a succession of dilutions (equity deals) settled the Deerfield debts. I am sure you remember what those deals did to the share price. You still haven't said what your success metrics are, I have told you mine. Aged, he backs his success metrics with cash, not posts. What would make you do the same?š Anybody can throw money at an investment. Making a rational explanation for it is another matter. From reading casperās posts it seems heās basing his success metric on his assumption that an equity deal is around the corner that will turn things around. Iām sure heāll correct me if thatās not it. For the record Iād love it to come true, just havenāt seen any evidence of it for the last several years as itās been constantly predicted by some. |
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Post by pat on May 24, 2020 22:09:07 GMT -5
Aged, he backs his success metrics with cash, not posts. What would make you do the same?š Anybody can throw money at an investment. Making a rational explanation for it is another matter. From reading casperās posts it seems heās basing his success metric on his assumption that an equity deal is around the corner that will turn things around. Iām sure heāll correct me if thatās not it. For the record Iād love it to come true, just havenāt seen any evidence of it for the last several years as itās been constantly predicted by some. Rational explanation! Out of my way as I throw money at this investment!. |
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Post by longliner on May 24, 2020 22:17:04 GMT -5
Aged, he backs his success metrics with cash, not posts. What would make you do the same?š Anybody can throw money at an investment. Making a rational explanation for it is another matter. From reading casperās posts it seems heās basing his success metric on his assumption that an equity deal is around the corner that will turn things around. Iām sure heāll correct me if thatās not it. For the record Iād love it to come true, just havenāt seen any evidence of it for the last several years as itās been constantly predicted by some. As they say....cash talks, buls--- walks.š I like aged, and appreciate his knowledge (I don't care much for his employer). I would truly like to know what will "move the needle" for him to invest. |
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Post by cretin11 on May 25, 2020 5:05:59 GMT -5
Anybody can throw money at an investment. Making a rational explanation for it is another matter. From reading casperās posts it seems heās basing his success metric on his assumption that an equity deal is around the corner that will turn things around. Iām sure heāll correct me if thatās not it. For the record Iād love it to come true, just havenāt seen any evidence of it for the last several years as itās been constantly predicted by some. Rational explanation! Out of my way as I throw money at this investment!. Iām glad we have folks like you to throw money at it, so thank you! Whatever it takes to keep share price hanging on. Iāve thrown my share of $ at it too... |
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Post by parrerob on May 25, 2020 6:15:46 GMT -5
@awesone: Can You explain better what You mean by "Afrezza is loosing a lot of money" ?
Up to last quarter results, it seems a little bit different.... Not talking about MNKD as a whole company, but Afrezza as a single product...
This analysis up to me could be very helpfully, so just a general sentence seems too much simplicistic.
Thanks
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Post by neil36 on May 25, 2020 7:18:39 GMT -5
What are the current boundaries for MCās ability to sell shares at-the-market? If someone can clarify what they can and canāt do on a daily basis, now that they have a lot more available shares, Iād appreciate the refresher.
Thanks in advance
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