Deutsche bank cuts target price to 1850p from 1950p |
Pleased I sold at £15.50.abd got my money back (10k investment) . Will wait till it falls to high £14 and buy back in as I still think it can get above £17 |
In the real world GSK have more than replaced those lost sales and shall replace them further going forward.These analysts consistently leave you saying WTF |
Citi analyst Peter Verdult said while second quarter revenue and adjusted EPS beat expectations by 5% and 12% respectively, and full year guidance was raised, "we anticipate investor focus to fall on the lowered expectations for the vaccines division as a result of uncertainty around the target Arexvy patient population in the US following the June [Advisory Committee on Immunization Practices] meeting and slowing US Shingrix momentum."
"The vaccines portfolio was weaker, missing consensus by 9%," he noted while Shingrix missed by 20%, driven by weakness in the US. |
Overall excellent growth. The market at times acts like a petulant child as times. And only looks at the slight negatives rather than the 95% positives... |
Another 1.4k for me at 15.09ish.
Seems an overdone fall to me on good results as far as i can tell. Anyhow, anther 900 quid income addition. I get fa interest in cash in my isa, and somehow i have a lot of cash.
A reasonable income stream addition, with the real probability of increasing share price over whatever timescale it takes. It's only this cheap due to us litigation, so a bit of a gamble on that. But it'll eventually sort itself out. |
TM,I am doing the same but in round about way,nudge nudge, wink wink ! |
I'm building a significant stake in the company ...... ;0) |
GSK will never be taken over British government will see to that and put a block on it |
Thanks dp...I bought back in today but do think GSK has suffered from a lack of ambition; in the 10 or so years which have seen the AZ share price increase by a factor of five, GSK has largely remained stuck in the £12 - £16 range. It's a crying shame and I can see some opportune bid from PE taking it out and making a lot more of the company... |
SP been in this range for years |
SO one missed and others didn't. the overall picture is what matters and that picture was raised guidance despite the shingles vaccine |
Medicines are either a 'pill for life' or a one off event. It is the former that brings in the regular revenues. |
Growth is all about cheap energy supply, make it expensive and manufacturing goes to other countries where it is not..
Refer to the former powerhouse economy of Germany, see how that is going for them with no Nordstream gas or nuclear, politicians hell bent drive to net zero will bankrupt the country before realising their policies are ruinous for business.. |
MJ19
Post 33184
GSK can’t catch a break! Raises guidance and still falls
Suspect Shore Capital might have nailed the reason for the fall this morning.
Shore Capital Markets noted sales of GSK's Shingrix "missed materially", falling short of consensus by 20%. Shingrix is a shingles vaccine. |
NO thanks, and lose another UK company to foreigners? The UK is now 12th for world manufacturing and falling fast because all we do is sell off on the cheap. And now we have climate change nuts in charge expect manufacturing to crater further |
Someone should bid for this company while it's cheap |
Yeah some good figures really and I see the price reaction as a bit of a weak clear out.
Circa 1500 is a long term winning entry point so I have added further this morning. In a week or so I can see this recovering to 1575 without too much trouble then challenging 1600.
Good luck all 👍🏻 |
Guidance rise may have been anticipated but the stock trades on a 4% yield and a low sector multiple hence I added a few more, with the intention that this becomes a long term hold within my ISA and pays out growing dividends to aid my retirement in a couple of years time |
When markets will go down GSK share price will drop further |
Guidance rise was widely anticipated .. vaccines sales missed which caused the drop. Fwiw I added a bit to my holding at 15 quid |
Update very positive, markets up but GSK down. 🤷 |
Added a few more at just under 1502p |
Does anyone understand the fall? What is the rationale? Or is it better to simply accept that markets are irrational? |
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