Gsk Share Discussion Threads

[daveboy1] 26/3/2020 13:46

Yep, negative cynic. Surplus to requirements.

[spud] 26/3/2020 13:35

Gawd now he's on about the sky falling in!What a manic depressive!!spud

[zicopele] 26/3/2020 13:16

We are in the phoney war....think 1940 before the blitz.

Soon, the sky will fall in on the market as USA realises covid isn't just for poor asians.

[hernando2] 26/3/2020 12:54

For what its worth my bond has recovered from about two days ago

[abdullla] 26/3/2020 12:43

Looking at market behaviour it seems investors are selling GSK and buying into stocks that have fallen big time,is this a good move?

[zicopele] 25/3/2020 16:50

Monty...maybe or maybe not.

Depends in USA covid severity.

[montyhedge] 25/3/2020 16:22

Soon be back to 1550p.

[zicopele] 25/3/2020 16:05

Haha..alphorn.

Please dont conflate a high share price with a societal requirement for good medication.

You want this baby to fly so you can make lots of lolly.

The drugs are an afterthought

[alphorn] 25/3/2020 16:00

z - sometimes it is worth just remembering what Pharma does - if you suffer from a potentially serious illness (eg asthma) then Pharma products have truly changed your life.

I hope that you never get ill.

[spud] 25/3/2020 15:56

Repent! The end of the world is nigh...

Strewth!!

spud

[amaretto1] 25/3/2020 15:56

And you was on here back then !

[alphorn] 25/3/2020 15:24

Interesting to remember that the unprecedented speed in work identifying a vaccine is in large part to early Chinese efforts to sequence the genetic material of Sars-CoV-2, the virus that causes Covid-19. China shared that sequence in early January, allowing research groups around the world to grow the live virus and study how it invades human cells and makes people sick.

Research by groups on earlier outbreaks (eg SARS) was shelved when the virus had been contained.
Hopefully news by next month.

[amaretto1] 25/3/2020 13:03

I've seen this at under 11 1025 i recall

[essentialinvestor] 25/3/2020 13:00

From memory GSK traded under 12.70 ish early 2018,
IF there is a plunge low on the cards, that area might be tested imv.

GSK, all things being equal, should significantly outperform cyclicals in a bear market. Luck with your holdings.

[zicopele] 25/3/2020 12:19

Last month I thought we would never return to the fourteen hundreds.

And BP sub £3..almost £2 when they can turn the tap off on cap ex to mitigate low price of oil.

We are in new territory and previous lows will be tested.

Who will buy shingrix for example? Footfall will reduce in USA in the immediate future as resources are diverted to covid

[essentialinvestor] 25/3/2020 12:13

Zic, you optimist, you!.

Unlikely to get near £10 imv. On a bad day and if markets take another plunge,
you might, just might, get under £13.

[alphorn] 25/3/2020 12:12

The powerful stockholders will be giving the company 'guidance' on the dividend question.

The Chairman meets regularly with institutional shareholders to hear their views and discuss issues of mutual importance and communicates their views to the Board.

[zicopele] 25/3/2020 12:07

I am on the sidelines waiting for bargains.

You guys appear to be cheerleaders for a financial model.which is inappropriate in times of crisis ie the sudden dislocation of the world economy.

GSK sales will fall very heavily and the dividend will be suspended. Tge share price will probably fall, mostly because dividend seekers are dismayed.

Why does this make me a plonker?

Probably because you suspect this to be the case but cannot crystallise your loss.

Even the tobacco companies will reduce payments, if only to be politic.

[essentialinvestor] 25/3/2020 11:36

Tim, even for some companies that can pay, I think they are mainly deferring to
the ... national emergency line and suspending the payout.

[spud] 25/3/2020 11:34

zicopele - Do you wake up in the morning and stick kebab skewers in your eyes or is it before you go to sleep?

Must be a depressing nightmare for their partner to live with either way...

spud

[tradermichael] 25/3/2020 11:30

zico: DOOMSAYER

[abdullla] 25/3/2020 11:29

I feel the need for big pharmas to survive in these times is very high and they will.

[zicopele] 25/3/2020 10:53

Let's visit sub £10 before then.

The balance sheet has been weakened by the dividend policy and will need to recover.

The price paid will be the disloyalty to the dividend seekers.

Pain will be greatest when USA gets really hit hard with cases.