Gsk Share Discussion Threads

[abdullla] 26/8/2022 17:18

Now we have seen it its the same as everyday .

[hjs] 26/8/2022 15:58

According to charts, today is the turning point to move north. Lets see what happens at the close.

[abdullla] 26/8/2022 15:07

What fun up and down like ........!

[knowing] 26/8/2022 13:40

Citi puts GSK on 'positive catalyst watch', cites Zantac litigation developments

[...]

[jonjoneil] 26/8/2022 12:58

net - you do say the funniest things
'But one thing is certain, if you hold cash, you will lose 18%'
Not a good idea to keep it all under your bed

[abdullla] 26/8/2022 12:13

Yes that is what some of you probably doing,I can see some down by nearly half a million pounds of paper losses!

[rikky72] 26/8/2022 11:22

I thought it was mandatory to drink if you own this share.. ;)

[abdullla] 26/8/2022 11:18

No I don't drink

[supermarky] 26/8/2022 11:00

What on earth are you rabbiting on about?

[supermarky] 26/8/2022 11:00

have you been on crystal meth again?

[netcurtains] 26/8/2022 09:51

What happens at 14p - does it go up to £5? Dont stop at 14p give us the full story over the next 12 months.

[abdullla] 26/8/2022 09:45

Going down fast from 35p up to 14p .

[sumday] 26/8/2022 09:44

@Anhar. I just hope to buy robust companies and hope they’re still standing at the end, even if the share price is down. If they are, there should then be a time to make money with less competition.

[netcurtains] 26/8/2022 09:43

anhar: I think you're wrong. Shares fall GOING INTO a recession but shares RISE inside the recession as they are already thinking of the recovery.
Shares react FASTER than events.

Thus in COVID-19 shares fell steeply GOING IN then recovered in the depths of covid.
We're in the GOING IN phase here. But end of SEPT/OCT we'll be in recession, and I suspect we will see some hefty rises as pundits will be talking about the recovery - and gawd knows what will happen once Ukraine and Russia call it quits.

[geckotheglorious] 26/8/2022 09:41

Anhar,
Nope, not yet, but we must be very close now...
Power outages, cold winter surely is when it boots off

[anhar] 26/8/2022 09:37

If a proper recession hits, meaning unemployment, businesses going bust etc. there is no doubt in my mind that shares will fall and fall seriously. How do I know? Seen it all before, more than once.

And no, this time it's not different, it never is.

However for the moment we are not into the full monty - yet.

[netcurtains] 26/8/2022 09:34

anhar - true in REAL terms, but with 18% inflation and a falling pound, UK shares will probably rise but not by 18%.
But one thing is certain, if you hold cash, you will lose 18%.

[anhar] 26/8/2022 09:32

I think booze is good in a recession - I've held Diageo for many years and through a number of recessions. I guess you could say that it is a drug company in a way. :~)

Fact is though that in a recession just about all shares will fall but some more than others.

My strat is to hold a widely diversified income portfolio and just do almost nothing forever.

[netcurtains] 26/8/2022 07:38

In a recession drug companies are king.
Oh and candle companies.

Are there any quoted candle companies?

People are not poor, middle class wages are pretty high. The problem is 18% inflation.
Holding cash means you get 18% poorer.

You need to do something with the money - either buy goods that go up in value or shares that
go up invalue.
There is no real alternative.

[wall street trader] 26/8/2022 07:10

In a recession cash is king - I'm only 30% invested right now and if this falls much further am going to top up significantly - it's been a consistent dividend payer for many years and will continue to do soThe world population is getting bigger and more pharmaceuticals will be needed for years to come - that's just basic sense

[paul planet_earth] 26/8/2022 06:50

Nov should be fun for Haleon as the lock out clauses end and both Pfizer and GSK race for the doors to sell their stakes and raise cash to pay the USA litigation fines!

[paul planet_earth] 26/8/2022 06:40

"Win"...your having a f@@king laugh..the first plaintiff out of the first of many law suites, in this case 1 of 2,000 accepted $500k pay off but retains the right to seek legal address within a year..Bear in mind he just had his oesophagus removed and couldn't attend a court hearing for at least 6 months and that given the choice here's some cash for your loved ones if you pass away or you can wait a few months longer for an uncertain court case verdict, your choice!!!

[paul planet_earth] 26/8/2022 06:37

Brilliant move turn down a £50 billion offer then IPO the consumer business for less than half that..then get hammered by multi billion dollar law suites in the USA due to Zantac an 'OTC' product sold historically by the consumer business and which since 2019 was under formal FDA investigation for causing multiple cancers due to its very high NDMA content..What a phenomenal way to destroy shareholder value, singly handedly she's done a fantastic job!

[alibizzle] 25/8/2022 21:55

Next court case is Feb 2023 I believe