Gsk Share Discussion Threads

[philanderer] 29/4/2020 17:36

Bloomberg reports that GlaxoSmithKline (NYSE:GSK) plans to sell its 5.7% stake in Hindustan Unilever Ltd. (NYSE:UL) via a series of block trades totaling $3.7B.

The company received the equity this week as part of the payment for a recently completed sale of a portfolio of assets to Unilever that included health food drink brands in India and Bangladesh for $3.6B in cash plus the Hindustan stake.

The precise timing of the sales has not been disclosed.

[abdullla] 29/4/2020 16:41

My roof is leaking on close examination found GSK had gone through the roof !lol

[spud] 29/4/2020 15:37

Taken another 1k shares on the back of results. Dividend also nailed on going forward.

spud

[riz000] 29/4/2020 14:50

shares will go thru the roof by end of today

[robbiekeane] 29/4/2020 14:25

Fine results - ahead of forecast - no nasty shocks and growth ahead of AZN. A decent trend developing on the charts. I stick with my forecast £17 this week, £18 next month.

[montyhedge] 29/4/2020 14:21

Better to travel than arrive, we all predicted good figures, so profit taking.

[daveboy1] 29/4/2020 14:06

Mr Market still undecided, as ever.

[spud] 29/4/2020 13:27

Excellent results!

spud

[tradermichael] 29/4/2020 13:01

Yes, absolutely stunning results …… ;0)

[igoe104] 29/4/2020 13:00

Looks like the two de-rampers have called this wrong.

[igoe104] 29/4/2020 12:58

These are going to fly soon. Plus a nice dividend heading in our account in the not to distance future.

[suetballs] 29/4/2020 12:43

Yes and another dividend to boot.
Yippee.
Suet

[watfordhornet] 29/4/2020 12:27

All looks good

[abdullla] 29/4/2020 12:19

GSK results look better than AZN,but the share price is not.

[alphorn] 29/4/2020 12:17

2020 guidance maintained.

[rik shaw] 29/4/2020 12:13

Q1 results:

[spud] 29/4/2020 08:59

Great results! Let's see what GSK can do........The pharmaceutical giant said net profit rose to $780 million in the quarter from $593 million in the same period a year earlier.First-quarter sales rose 16% to $6.35 billion in the year-earlier period, with growth across all therapy areas and regions. At constant-exchange rates, product sales were 17% higher, the company said.spud

[tradermichael] 29/4/2020 08:40

GSK statement (impact of coronavirus on business):

We are closely monitoring all parts of our supply chains, proactively developing contingency plans to help us respond to the situation.
We have taken a number of measures to support supply of our products, including: prioritising medically critical products; building capacity to respond faster to unpredictable demand in some of our key consumer healthcare products; and working with logistics service providers to find alternative distribution routes.

We are experiencing some delays with distribution and delivery of our products to customers as countries around the world introduce different virus containment measures, such as border closures and flight suspensions.

Our focus is to avoid or minimise any potential delivery delays or disruptions, closely monitor what is happening and keep our customers informed.

[montyhedge] 29/4/2020 07:20

AstraZeneca today, just out.

[rikky72] 28/4/2020 21:29

Crystal ball gazing and all that but think this will retrace to 16 or just below after the results. Unless it goes to 18 (unlikely!) in next two weeks I'm holding for the divi anyway, which I hope will be maintained.

[sicker] 28/4/2020 17:32

Hargreaves Lansdown

[abdullla] 28/4/2020 15:31

Pharmas are crashing doesn't make sense.