Gsk Share Discussion Threads

[zicopele] 11/6/2019 14:47

Just read an extraordinary book about generic drugs....Bottle of Lies.

Who would guy a generic?

[crossing_the_rubicon] 11/6/2019 12:18

Of possible interest to some....

"We May Pick Up GlaxoSmithKline At Cheaper Prices"
Summary

Shares trading around $40.

Divergences beginning to show.

The dividend (although not growing) looks safe for now.

[crossing_the_rubicon] 11/6/2019 12:04

Big mistake of Woodford's selling out of GSK. He was reducing Astra Zeneca as well wasnt he? Does he still hold there? hazy memory.

Too much "Unquoted illiquid stuff in his portys is his downfall. When the redemptions came, forced to sell decent stuff.

[tradermichael] 11/6/2019 08:15

£1 = $1.27 ….. ;0)

[zho] 08/6/2019 08:22

Woodford sold out of Glaxo more than 2 years ago:

"Neil Woodford, Britain’s most high-profile fund manager, has sold his entire stake in GlaxoSmithKline because of the drugs maker’s refusal to consider a break-up and his doubts about the sustainability of its dividend."

[tradermichael] 08/6/2019 07:19

I assume that Woodford's scramble for cash will not impact GSK's price since I think he sold out a large holding in GSK some time ago when he was calling for a break-up. Who knows (since GSK is neither illiquid nor unlisted) he may become a big buyer of GSK again …… ;0)


Neil Woodford’s wounded fund management empire has sold or transferred close to £600m of stock since the suspension of its flagship £3.7bn fund on Monday, as the one-time star UK stockpicker scrambles to raise cash.
Signs that Mr Woodford is unwinding his long-held stock positions will heighten fears of a fire sale of assets in the funds, which have already weighed on share prices of companies across the portfolio as scrutiny intensifies of his firm’s recent conduct.

Mr Woodford, however, hit back at suggestions he was liquidating his portfolio. “This is categorically not a fire sale,” said a Woodford spokesman. “Neil has sold £95m of stocks this week as he continues to reposition the £3.7bn Woodford Equity Income Fund portfolio.”
This week’s stock market trades reflect close to £100m of equity sales by Mr Woodford’s funds, which need to raise liquidity to meet a potentially devastating call for cash when they reopen for trading.
The remainder mostly reflect the transfer of shares to new managers of funds for St James’s Place, the wealth manager and longstanding backer that this week yanked a separate £3.5bn investment mandate from Mr Woodford’s firm.
Philip Warland, an investment industry grandee who advises UK fund boards, said Mr Woodford needed to “create a liquidity pool of at least £1bn”.
“When they reopen it will not just be Kent leaving,” he said in reference to the Kent local authority pension scheme that on Monday unsuccessfully sought the return of its £263m invested in the Equity Income Fund, a demand that triggered the fund’s suspension.

[bradbury3559] 05/6/2019 11:37

Come join the party #BBSN

[abdullla] 04/6/2019 09:57

Given the Nucala update this share price should be going up,it is doing the opposite,why?

[buywell3] 04/6/2019 07:18

A Macro problem that is going to affect ALL trading exchanges worldwide including commodity prices.


................ World Recession Risks Ramp Up ..................

.............. The cost of food is now going Up ..............


buywell posted a couple of weeks on African Swine Fever in China causing hundreds of millions of pigs to be culled as it has now affected ALL states in China and there is no cure and over 90% fatal.

This problem alone is causing Pork prices to spike in China as well as ALL meat and protein prices because pork is the number one protein of choice for Chinese.

Inflation in China is now rising due to this problem.
Pork prices look set to double by the end of 2019.

African Swine Fever has spread from China into Vietnam, North Korea, Mongolia , Cambodia and Honk Kong.



ALL of these countries are culling millions of affected pigs in an attempt to stop the spread of the disease.

ALL of these countries will need to import another meat product to replace Pork, especially China which has trade tariffs in place for USA pork.


BEEF is a logical alternative , and that might have helped the situation somewhat despite rising Beef prices following increased worldwide demand for it as a result of ASF.


................ THE GLOBAL PROBLEM NOW IS THIS ............... :

Mad Cow Disease has returned ... the disease that caused BSE in cattle in the UK and then was transmitted into humans as vCJD.


Brazil ... the worlds BIGGEST exporter of Beef has reported an outbreak of BSE and China has had to ban imports of beef from Brazil as a result.





BSE has NEVER gone away ... there have been several outbreaks in the USA since the vCJD crisis in the UK and one BSE outbreak just last year in Scotland.


GLOBAL INFLATION of protein prices will rise as a result of BSE / Mad Cow Disease in Brazil because other countries will also ban beef imports from Brazil to try to protect their human populations from vCJD.

Mad Cow Disease, BSE and vCJD are ALL prion diseases ... fatal within a year or so and no cure exists.

dyor
buywell

[porsche1945] 31/5/2019 12:45

Back in with a big slug at 15.19...think they could see 14.80 over next couple of months, anyway will build another large position from here and sell out again anything over 15.90...its the way to play this...astra very range bound too....but better growth profile.

[abdullla] 31/5/2019 07:19

Yes so would I.

[sicker] 30/5/2019 14:26

I'll second that :-)

[tradermichael] 30/5/2019 14:12

Sorry guys, I believe in GSK as a sound, worthwhile company to invest in. I do well with trading the swings and I have a steady stream of income from dividends.

[abdullla] 30/5/2019 12:59

To reflect the pharma connection let us name it,"GlaxoSmithKline Flatulence" .

[prambigear] 30/5/2019 10:00

Could someone change the title of this thread? Perhaps to GlaxoSmithKline - Flatlining

[crazycoops] 29/5/2019 14:36

I don't believe it is fully priced. We don't know the details of either divestment or capital restructuring. We'll see

[porsche1945] 29/5/2019 14:27

@crazy...i think the shares already pretty much priced for all that its been well flagged. The only thing that will bump this either way is downwards on another stupid bio tech aquisition or upwards on a serious cost cutting exercise, gsk employs about 100k people, needs to cut it by 25 per cent. In the meantime Im up 22k and a few divs just trading them over last 10 months so will stick with that, certainly sxxts all over buy and hold.

[solomon] 28/5/2019 18:21

15 million uncrossing trade - more than the average daily volume. What is going on with high yielding stocks?

[bilster1] 28/5/2019 17:47

15 million shares sold after trading??

[crazycoops] 28/5/2019 15:02

Such trading ranges work brilliantly, until they don't! In H2, the acquisition of Pfizer Consumer Health division will complete, followed at some point by the capital restructuring and divestment plan. Those news items should see this current range broken, one way or the other.

[waldo2020] 28/5/2019 12:16

I was hoping it would get to and above 1600p but should have known better! This stock's been ranged bound for a while. Porsche1945 has a right game plan for gsk!

[porsche1945] 28/5/2019 10:11

and back down they slide, this is now a very useful trade, earning a few grand every few weeks on it, buying anywhere around 15.20 ish selling at anything over 15.85....half a dozen times now and picking up the odd div too...its actually a trading stock. Ftse 100 generally a waste of time for growth, brexit has seen to that.

[abdullla] 28/5/2019 08:09

There goes the dividend

[spud] 27/5/2019 12:16

Bounce off 1600 resistance imo. The question is, can it break it..spud