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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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No, I think its less: |
Only another 153000 to go-that's the problem. |
2 more Zantac settlements. |
GSK Announces Positive Topline Data on Co-Administration of AREXVY and SHINGRIXSource: Business WireTrial met primary endpoint, non-inferior immune response for both vaccines when co-administered compared with separate administrationCo-adm |
Short term it will head up and down with the market. Longer term I expect them to significantly outperform the market |
Same old GSK! |
Filtered for telling the truth! |
Spoole filtered for deramping... |
Heading back to the 1500s |
Blenrep (belantamab mafodotin) combinations in relapsed/refractory multiple myeloma accepted for regulatory review in Japan |
You must be confident of a few more quid on this if you're in at this price. I am too.. eventually! |
IN @ 1631.39 ..... ;o) |
Blenrep (belantamab mafodotin) in combination receives Breakthrough Therapy Designation in China for treatment of relapsed/refractory multiple myeloma. |
GSK announced positive results from a phase two trial of its mRNA-based seasonal flu vaccine on Thursday, showing improved immune responses against A and B strains in both younger and older adults compared to the standard of care. The FTSE 100 pharmaceuticals giant said the vaccine demonstrated strong antibody levels and an acceptable safety profile across all tested formulations. Based on the findings, GSK said it now planned to advance the vaccine program to phase three clinical trials. |
Issued: 12 September 2024, London UK |
Issued: 11 September 2024, London UK |
GlaxoSmithKline has announced promising results from their SWIFT-1 and SWIFT-2 phase III clinical trials of depemokimab, showing a 54% reduction in severe asthma exacerbations over a year. The biologic, intended for severe asthma patients with type 2 inflammation, is administered once every six months and has also shown to significantly reduce hospitalizations. These findings, also published in the New England Journal of Medicine, are set to inform future regulatory filings as depemokimab is not yet approved for use. |
GSK respiratory medicine Nucala's positive late-stage trial in adults with chronic obstructive pulmonary disease improves the company's long-term growth perspective, Shore Capital analyst Sean Conroy says in a note. A regulatory approval of the drug for patients with COPD could generate 0.5 billion-1 billion pounds in annual sales, offsetting part of an expected overall sales decline from 2027 as patents expire. In addition, the British pharma giant will next week present late-stage trial information regarding its additional respiratory medicine depemokimab for severe uncontrolled asthma, for which the company anticipates a potential of more than 3 billion pounds in peak year sales. |
Hi DaviusDon't suppose you (or others) have any idea when the Delaware Supreme Court might have their decision scheduled for? Just looking for timelines to guide buy/sell/trade.Thank |
European Commission approves expanded age indication for GSK's Arexvy, the first respiratory syncytial virus (RSV) vaccine for adults aged 50-59 at increased risk |
#Abdullla, just the 14:30 US market opening drag, see where we close at, the trend is very much intact from September 2022, 1800 the next barrier to clear.. :o) |
Sudden share price drop!where is the bad news ? |
In London, GSK shares rose 2.1%. The London-based pharmaceutical company welcomed the Delaware Supreme Court's decision to review the Delaware Superior Court's decision allowing the introduction of plaintiffs' expert evidence at trial regarding heartburn drug Zantac, which had been pulled off the market in 2020 at the request of the FDA. |
REDUCED 996 @ 1642.1p ..... ;0) |
Type | Ordinary Share |
Share ISIN | GB00BN7SWP63 |
Sector | Pharmaceutical Preparations |
Bid Price | 1,433.50 |
Offer Price | 1,434.50 |
Open | 1,439.00 |
Shares Traded | 302,087 |
Last Trade | 09:13:24 |
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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