Gsk Share Discussion Threads

[quepassa] 31/8/2016 13:28

Expecting GSK to be a big winner over the coming periods.



ALL IMO. DYOR.
QP

[fangorn2] 30/8/2016 16:36

@Essential..

Oh yes, anti biotic resistance...now there is a real worry.

[essentialinvestor] 30/8/2016 13:46

Millions were to be wiped out by Ebola according to the scare
mongers not so long go, SARS, bird flu, mad cow disease,
there is always something.

Ponder antibiotic resistance if you really want to worry
about something.

[ianood] 30/8/2016 12:54

Biological control!

[garycook] 30/8/2016 11:56

Fangorn,Totally agree with you,on that issue.Hopefully take out the Brain dead,and Brainwashed brigade.

[zeppo] 28/8/2016 18:35

Sunday Times has an article in its Business section: 'Glaxo pins hopes on asthma treatment.'

Announcement expected at industry conference this week.

Glaxo believed to be leading the way in 'Triple therapies'(for respiratory diseases) which will be protected for up to a decade.

z

[atlantic57] 28/8/2016 13:40

Thanks for all the contributions very helpful.

[garycook] 28/8/2016 12:04

Fair play to you TM.Holding mine,because it is 8% of my portfolio,and gives it great balance.I believe it will go to £20,and beyond in time.But of course buy on the dips.

[tradermichael] 28/8/2016 11:06

Reasons I reduced by 66%:

1. After the referendum, the (unrealistic) fall in the strength of Sterling against the USD resulted in a GSK price jump from 1400p to 1600p and beyond to 1700p. The price challenged 1700p three times and failed to hold. I don't see the 'Brexit' effect lasting much longer, such that the £'s value may steadily return, and GSK's price will steadily fall along with it.

2. The markets are looking overbought (especially in the US) and as autumn arrives, I am concerned that there could be a correction.

3. I held too many shares anyway (!) and felt that it was prudent to take profits.

Notwithstanding, I'll be looking for a re-entry at a lower price.

[tim 3] 28/8/2016 10:41

Spot on Gary.

Ref bull/bear market I think that since QE and also the speed that modern markets instantly factor in news and changes in sentiment the old bull and bear market rules have changed and trends will change much quicker and be harder to read.

If you use the 200 day ma (which has traditionally been used as a barometer for bull/bear markets) then we have been switching from bull to bear many times over the last few years and I think this will continue.

The ftse may look high to some now but its still trading below the highs of last year and the highs of 2000 for that matter.

Personally I think we will continue to see big swings in the future between over bought and oversold but basically go nowhere in the months ahead (maybe a slight bias to the upside as earnings grow) in this low interest rate/QE environment.

[garycook] 28/8/2016 05:16

Markets are outperforming,because savers are putting there money into shares,for the yield return of the stockmarket,compared to a return on savings accounts of around 0.5%.While low interest rates remain,then the stockmarket will remain the best place to be at the moment,if you are brave enough.Even GSK at 4.85% is a 8 times better return than in the bank,or building society.DYOR

[atlantic57] 27/8/2016 14:06

A crash I would define as a sudden
Correction say 10%.

A bear market is a mirror image of
A bull market rallies followed by
Lower lows as the market falls.

[essentialinvestor] 27/8/2016 13:54

Never sure what people mean by the word crash.

Bear markets follow equity bull markets, that never changes.

What does change is the timing, duration and depth of each one.

[tim 3] 27/8/2016 13:24

Doomsters are continually predicting a crash.
One day they will be right

Although I think the US looks toppy I don't think the ftse is it yields about 4% average last time I checked and with so little available elsewhere I don't think that's expensive

Problem is if the us corrects then how will the ftse react.

[atlantic57] 27/8/2016 10:54

Trader Michael I am genuinely interested
In why you are 66% in cash.
Various pundits have been predicting a market crash for months.

I guess one day they will be correct.
Another guru was predicting a gold collapse in February since then some
Miners are up 80%

[philo124] 27/8/2016 10:37

Certainly was a good sale c1700p.

[tradermichael] 27/8/2016 07:44

GSK has tested 1700p three times and failed. I've been selling on the way down. I'm now 66% in cash.

[tim 3] 26/8/2016 23:09

Still tracking Sterling pretty closely.

[garycook] 25/8/2016 14:34

anhar,Agree with you totally.eg Should have purchased IRV at around 220 yielding 9%.Now over £4.But I did purchase it for my son in his ISA.Your method is sound and good advice,but if invested in quality companies,who can maintain there dividends.

[bracke] 25/8/2016 12:45

It's tested support which held and returned to fill the gap.

What next? Unless the DOW makes a big move to-day the probability is that it will wait until Mrs Yellen & Co make their announcement before it decides which direction to take.

[essentialinvestor] 25/8/2016 12:40

Bought back very quickly.

[anhar] 25/8/2016 10:53

anhar Just looking for a good entry point as the share price has went up a lot in the last few weeks......but agree with what you say in buying for the dividend and as long as the fundamentals don't change.

I understand what you are saying but can't agree. To me a good entry point for a HY share is simply when it is HY. For example suppose I had cash to invest now in a new share for my port. I want to invest it now because I want to start getting the divs asap and have no reason to leave it in the bank earning virtually nothing.

I'd look at shares in the FTSE100 yielding well above the index. When I found one that fits my approach I'd buy it there and then. That's my good entry point. Once bought, I don't care about price at all until it approaches my exit, if it ever does.

I've found that focussing on yield as a timing mechanism, to the exclusion of price, has served me well both on income, which is why I do it, and on capital gains too long term even though gains are not my aim.