Gsk Share Discussion Threads

[romeike] 09/8/2017 14:29

'doubt there will be another opportunity like that in my lifetime!' - you are likely to be in luck mate - the financial crisis never really ended and will come back to bite - the last decade has been a decade of experimental economics that has failed everyone but the very wealthy.

What has really changed in over ten years? Countries still paying off more debt than they can service with tax receipts, hugely inflated land and property prices, manipulated interest rates, zombie banks, subprime car loans, capital controls, tech bubble and digital currency pyramid schemes.

Don't worry there is always Draghi there willing to do "whatever it takes" - pretty easy thing to say when it's the financial future of kids that aren't even born yet he is using to do it.

[toffeeman] 09/8/2017 13:18

Tim3 - keep liquid the opportunity could well re-present itself

[philanderer] 09/8/2017 13:13

9th august Berenberg 'buy' tp 1835p cut from 1885p

[essentialinvestor] 09/8/2017 13:06

The market usually does not make it easy though.

The trough in prices usually occurs when newsflow is still dire,
takes a hell of a lot of guys to pull the trigger in that environment.

[tim 3] 09/8/2017 13:02

I wish I had access to the funds I have now in 2008 could have just bought all the quality stuff that was knocked right down and be set for life doubt there will be another opportunity like that in my lifetime!

[montyhedge] 09/8/2017 12:03

Ess
Great opportunities in corrections. Just have some powder dry for them, don't be fully invested.

[spcecks] 09/8/2017 11:57

Minerve totally agree with your above post regarding quality stocks and dividend.

[essentialinvestor] 09/8/2017 11:51

Attempting to time the market is exceptionally difficult.

The FED very gradually removing some liquidity is perhaps what Has changed.

With rates this low investors/savers have limited options.


US equity markets are in their second longest run between a 10% correction
post WW11, only the 90's bull run was longer without a 10% plus drop.

A correction does not necessitate an end of the bull market.

[garycook] 09/8/2017 11:50

Totally agree.

[minerve] 09/8/2017 11:43

Timing these thing is just futile. Just buy good quality companies with good prospects and keep some cash handy - not too much. That is all you can do in IMO, especially if you need the income.

[fangorn2] 09/8/2017 11:40

@Minerve.

October correction coming I think.
We shall see.

[minerve] 09/8/2017 11:34

Equities are the only yield in town. You can't afford to be out of equities too long. The risk that I see is a long and protracted bond sell off that eventually readadjusts PE ratings - but that bond sell off doesn't look like it's going to happen soon.

[minerve] 09/8/2017 11:31

I don't think a correction is imminent at all. It's all talk. What would be the cause? You might get a US tech sell off which might be replicated here - on extended PE's - but that should to some extent soften the blow in defensives.

[essentialinvestor] 09/8/2017 11:15

VTC is my only holding Up atm.


Monty, guess you are not on the golf course today!, torrential rain.

[montyhedge] 09/8/2017 11:09

rom
When america sneezes the rest of the world catches a cold.

[romeike] 09/8/2017 11:05

I can see the US markets, tech and financials getting hit but where is the logic for a dramatic fall in the FTSE? The FTSE growth has lagged far behind the US. Especially healthcare and commodities/miners.

[tim 3] 09/8/2017 10:55

Same here EI I took a fair amount of the table earlier and although the shares I monitor have not gained much since have lost the divi.

Sometimes feel it might be better just to hold and not to sell even when you believe a share/the market is looking toppy as you still get the divi and if the company is sound it should come back up even if it does dip for a while.

[montyhedge] 09/8/2017 10:48

Patients will pay off here. You will pick these up 1435p, I reckon.

[essentialinvestor] 09/8/2017 10:43

I've been waiting for some degree of correction since May,
It's proved costly in terms of lost dividends holding a fat % in cash.

[montyhedge] 09/8/2017 10:37

Even great companies bought at the wrong price is a bad investment.

[tradermichael] 09/8/2017 10:36

Better to think longer term .... ;0)

[montyhedge] 09/8/2017 10:23

Why? I think you will lose more in capital than dividend, with the markets coming off.

[tradermichael] 09/8/2017 09:35

ex dividend is tomorrow. You can buy up to the close today to qualify.

[montyhedge] 09/8/2017 09:22

Problem is if the market as a correction one is due, 10%.Then big liquid stocks such as GSK get hit, traders paying for margin calls.

[essentialinvestor] 09/8/2017 09:16

The HIK % fall over the last few months is jaw dropping.