Gsk Share Discussion Threads

[tradermichael] 28/7/2017 10:44

Is there a technical element to 1485p or do you just like the number? .... ;0)

[action] 28/7/2017 10:23

Waiting for 1485 to top up

[mj19] 28/7/2017 08:46

Short term with no news - we might drift down further. If they sell so many assets they should be able to hold the divi

[essentialinvestor] 27/7/2017 12:58

Gone long Monty )

[ny boy] 27/7/2017 12:56

Silly valuations here, give it a few months and we will be back up above 1600p again.

[montyhedge] 27/7/2017 12:13

Read a interesting article on Astra by Robert Greffen, he said Astra will it be the next Tesco and cut the dividend in half, that was before these figures today.
GSK better than Astra.

[essentialinvestor] 27/7/2017 12:04

GSK earnings call transcript available on Seeking Alpha,
if anyone is particularly keen ).

There is usually a webcast replay option on the investors site,
however can't see it this time.

[montyhedge] 27/7/2017 11:50

Astra board should be ashamed not accepting that bid.

[essentialinvestor] 27/7/2017 11:49

As long as the GSK/AZN merger rumours do not start up again.
May well happen eventually, another 3/4 years would think.

[grahamite2] 27/7/2017 11:45

Agreed monty.

[montyhedge] 27/7/2017 11:42

Way I see it the 2 day rule applies, never buy anything on the first day of bad news. Astra will get slaughtered in the press tomorrow, GSK may come down with it on sentiment. Thats from a traders point of view.

[montyhedge] 27/7/2017 11:40

1500p+ won't hold.

[essentialinvestor] 27/7/2017 11:39

Much of the AZN valuation was predicated on the success of that drug.
It was supposedly the jewel in the crown of it's pipeline.

So Tim's view AZN may be lower still in a month looks reasonable.

May be bid speculation again will bubble up, however where is the great
potentail now, more difficult to see on the update.

[action] 27/7/2017 11:31

To buy or not to buy at this level?

[bracke] 27/7/2017 11:21

Trader

The three red lines are not extrapolations or trend lines they are a Pitchfork. If you are not familiar with PF analysis please google it.

PF analysis shows that there is an 80% probability that the share price will reach the ML.

A drop and close below the middle of the brown dashed lines adds weight to a continuing fall to the ML and probably a test of the lower dashed line.

At some point I will be drawing an upward sloping ML but not yet.

[romeike] 27/7/2017 11:07

Analysts want to move the market not predict the market, their reports are worthless trash

[tradermichael] 27/7/2017 11:02

bracke - your chart extrapolations do not make sense to me. I could re-construct your orange lines to show an upward trend as well! In fact, the line connecting the lows over the last 2 years shows that the current price is just about 25p below it.

[tim 3] 27/7/2017 10:45

grahamite2

Spot on would love to see the stats on this but I would hazard a guess that as much as 80% of shares like azn are cheaper in a month or so after a news related move down like this.

[tradermichael] 27/7/2017 10:43

I have returned at 1519.76 - it would have been rude not to .... ;0)

[ny boy] 27/7/2017 10:34

The divi is safe, so a decent 5% 'er at the low end of the chart, me likes, thin summer vols playing games.

At these levels expect an overseas predator to come knocking!

[bracke] 27/7/2017 10:34

Catch a falling knife?

GSK DAILY

[essentialinvestor] 27/7/2017 10:21

The one Goldman comment I saw yesterday did not look particularly encouraging.
Although wouldn't worry what analysts say, how many had Buy recs on AZN as an example. Often uber bullish near the top and very bearish
near the low.

[tim 3] 27/7/2017 10:17

Brokers recs follow rather than lead.

[montyhedge] 27/7/2017 10:13

Market run by quant computers. No emotion, dividend etc.