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Investor discussions surrounding GSK (GSK plc) over the past week showcased a blend of optimism and caution. On the positive side, many investors highlighted the company's improving financial health, with discussions noting a decrease in debt and a rise in profits alongside an expanding pipeline of new products. Notably, a participant mentioned the potential for share price doubling, remarking, "Per of 15-20 is a more sensible valuation." The sentiment was further buoyed by upgraded revenue forecasts, with growth expectations for core operating profits set at 6 to 8 percent.
However, concerns were also evident, particularly regarding a recent class-action lawsuit and significant stock sales by executives. Emma Walmsley's sale of over 120,000 shares was criticized, prompting discussions about its implications. One investor remarked, "This doesn't look good..." paralleling sentiments that the class-action could be detrimental despite positive company forecasts. Overall, while there remains significant investor interest and belief in GSK's potential, the shadow of litigation and executive transactions continues to inject a degree of skepticism into the discussions. Investor sentiment seems mixed, with many still willing to add to their positions while others express unease about the company's legal challenges and recent share price performance.
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In the past week, GSK plc has announced significant transactions involving its Chief Executive Officer, Emma Walmsley. Notably, Walmsley acquired a total of 18 ordinary shares at a price of £14.5567 each, as part of the Company’s Share Reward Plan. This transaction underscores GSK’s commitment to aligning executive compensation with company performance, as these shares form part of a broader incentive structure aimed at driving shareholder value.
Additionally, Walmsley has reported the vesting of shares initially awarded in 2020 under the Company’s 2017 Performance Share Plan. This vesting follows an extended period of two years beyond the standard vesting timeline, reflecting GSK’s focus on long-term performance. Such transactions and share-related incentives illustrate GSK’s strategic efforts to motivate leadership while progressing towards achieving its operational and financial goals.
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TraderMichael |
dplwise1 - that these claimants are settling like this indicates to me that the closer they get to a trial the weaker they feel their case is. Its likely that others will be deterred (and their ambulance-chasing lawyers) who are seeking mega-payouts rather than genuinely wanting to have their 'day in court' and are now prepared to take some money (and run). |
GSK plc (LSE/NYSE: GSK) today announced that the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) has recommended expanding the approval of GSK’s respiratory syncytial virus (RSV) vaccine for the prevention of lower respiratory tract disease (LRTD) caused by RSV from adults aged 60 and above to include adults aged 50-59 years at increased risk for RSV disease. |
Zantac settlement with Ronald Kimbrow .. case now dismissed. Not a fan of this tbh I'm sure there are benefits to GSK but to the layman it just seems like as admission of guilt |
Nice to see a bounce off the 12 month TA support trend line at 1500, almost predictable.. :o), where to next..? the Zantac cases have not gone away, but oversold now down from the 1800 May high.. |
In April, Public Health England reported the results of a large study of COVID-19 transmission involving more than 365,000 households with a mix of vaccinated and unvaccinated members. |
TraderMichael |
Interesting that the study was not performed by GSK. Its hard to see the pathway on how it would work, but the data set is already substantial. I doubt it will ever be recommended as a prevention but it may increase the uptake of shingrix. There is a little more here |
But there's evidence: |
>>Stock price chart suggests the yanks are the ones trading on the short side here |
Shingles could delay Dementia. |
Would be a big market... |
Second tranche added. Very unloved this stock isn't it |
Good data. Stock price chart suggests the yanks are the ones trading on the short side here |
GSK PLC on Tuesday reported "positive" data for testing on three different treatments by ViiV Healthcare, its majority-owned specialist HIV company. |
Morgan Stanley cuts target price to 1800p from 1860p |
GlaxoSmithKline (GSK) has announced the European Medicines Agency’s acceptance of their marketing application for Blenrep, a treatment for relapsed or refractory multiple myeloma. Promising results from two phase III trials, DREAMM-7 and DREAMM-8, indicated significant improvements in progression-free survival when compared to standard care. If approved, Blenrep could notably change the treatment landscape for this challenging blood cancer. |
IN @ 1520.928 ...... ;0) |
Bought a first Tranche at a smidge under 1508p |
Looking to make a first ever purchase here, but it looks like we are going to have a long summer on the UK stock market based on the last week or so. Dreadful performance despite massive undervaluation everywhere |
Drugs giant GSK is set to move its global headquarters back to central London, ending more than two decades at its Brentford base. |
Aug 23rd .... FDA decision on Jemperli Ph 3 RUBY trial |
No! Very good. ;) |
Good day Alphorn |
Type | Ordinary Share |
Share ISIN | GB00BN7SWP63 |
Sector | Pharmaceutical Preparations |
Bid Price | 1,434.00 |
Offer Price | 1,434.50 |
Open | 1,439.00 |
Shares Traded | 281,001 |
Last Trade | 09:11:14 |
Low - High | 1,432.00 - 1,440.50 |
Turnover | 31.38B |
Profit | 2.58B |
EPS - Basic | 0.6212 |
PE Ratio | 23.08 |
Market Cap | 59.88B |
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