||EPS - Basic
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|Pharmaceuticals & Biotechnology
Glaxosmithkline Share Discussion Threads
Showing 18751 to 18774 of 18775 messages
|Not sure what Anhar means when you say news is irrelevant. If you invest based on HY plus a few other factors, surely a dividend cut or suspension, a profit warning, or general economic environment the company is operating in is deteriorating, like oil prices for oilers and commodity price for miners. Surely they are relevant as they will reduce the yield on your investment and thus invlidate your initial investment thesis. You don't treat them as news or relevant news?|
|When buying, I don't consider yield alone. I don't buy just any HY shares, I consider a few other basic fundamentals to see if the div might be sustained in the next year or so and I have other port rules on the amount to invest, diversification and so on. It's not purely a mechanical system.
For nearly all shares once I'm in I stay in until my exit is hit or forever. So news becomes irrelevant. The trickier decisions are the few cases when divs are suspended and in that case I make a judgement whether it's worth continuing to hold for div recovery.|
|anhar I wouldn't take issue with your general investment approach because mine is similar. However whenever you repeat it on these boards one thing always comes to mind:
yield, which is your only concern, doesn't exist in isolation. It is a function of the share price and the dividend. Both these variables are determined by corporate performance which you insist you pay no attention to at all.
Isn't it possible (probable with supermarkets, oil stocks, banks) that your system gives you a buy signal when the share price reflects the possibility that a dividend will be cut, and a sell signal when the dividend is slashed and the yield shrinks? I doubt very much that you've been that stupid, but you'd only avoid it by paying a bit of attention to corporate news which you make such a point in public of dismissing.|
|At the risk of misinterpreting ANHAR I think he means random as defined here (which is an excellent read)
|Mere pocket change for Andrew, not even that.|
|Drat! Ah well easy come, easy go.|
|bracke - yes, but if he'd have hung onto the shares for a couple of weeks, he'd have qualified for another dividend. That £1900 would have bought him a weekend at Butlins in Bognor plus plenty of beers and he wouldn't have to use up any of his annual leave...... ;0)|
|In your ignorance, anhar, you still haven't answered my question, that is: If price action is random then why does RDSB and BP SP's show significant correlation with Brent and WTI prices? We all know why, or should do, and completely disproves the absolute nonsense you sometimes spout - although some idiots do get taken in by it.|
Excellent! Now he can afford a couple of weeks.|
|A long time ago when I was in the City a colleague of mine did some research on whether director trades carry any predictability of future near term price action. He found no such correlation for big caps like GSK so director trades turned out to be meaningless for investment decisions.
Another small investor myth busted.
It's not surprising when you understand that price action is random but it was worth his effort to test this popular yet false idea.|
|£1475 should just about buy him a few days away somewhere warmer than the UK.|
|Probably wanted to buy something nice for the bank holiday.|
|GlaxoSmithKline CEO Sells 10,000 Shares/1,475P
He's really jumping ship .....;0)|
|"Meanwhile the share price, as always, moves randomly and therefore unpredictably and I have no interest in it because I'm only here for the divs."
Ground Hog day again?
🎪 Cirque de FFS 🎭 is back in town!|
|The share price will be moved up & down as the HFs see fit but imo they'll be piling in for the dividend early May.|
|The Q1 div is as expected at 19p, same as last year and fits the same pattern towards a repeat 80p for 2016 as predicted by them.
The FTSE100 yield is 3.93% so my exit price right now would be 2,036p. That's above the current price of GSK so I continue to hold until it matches the future index yield or forever, whichever comes first.
Meanwhile the share price, as always, moves randomly and therefore unpredictably. I have no interest in it because I'm only here for the divs.|
|The business and its product stream are good. The Novartis deal is good. The Q1 results were better than expectations, and very good.
Another 19p dividend granted in 2 weeks, as well.
It won't take long to build support above 1500p, then it will fly.
Stick with it ..... ;o)|
|Well, the bounce didn't last long!|
|Better as support than resistance.|
|Close above 15 would be bullish|
|Still, results are good.|
|Its just a pity that the share price has taken a kicking from recent highs over the past week ....|