Jefferies are behind the curve |
Lols, despite numerous profit upgrades from the company. Idiots |
Jefferies cuts target price to 1450p from 1525p |
patience required |
needs to break 1400 |
Notable products include Gepotidacin, the first completely new antibiotic for uncomplicated urinary tract infections in over 20 years, and the 5-in-1 MenABCWY vaccine for meningococcal diseases.
Upside potential is 40% ......;0) |
Signs of life here at last |
Following GSK’s deal-heavy end to 2024, Chief Scientific Officer Tony Wood, Ph.D., doesn’t expect the trend to let up in the new year, zeroing in on partnerships that can expand knowledge about genetic factors driving disease. And, while Wood said the pharma still isn’t interested in joining the overcrowded obesity landscape, GSK is considering ways to build past the GLP-1 space.
GSK started this year’s J.P. Morgan Healthcare Conference by acquiring precision biotech IDRx, including its phase 3-ready gastrointestinal cancer candidate, for $1 billion.
“Obviously, we have a growing interest in in rectal, colorectal and GI cancers,” Wood told Fierce Biotech on Monday at the conference, adding that IDRx has all the characteristics he and Chief Commercial Officer Luke Miels look for in business deals.
“It's got an interesting clinical profile that could be accelerated,” Wood said. “That profile is anchored in something you can explain from the early characteristics of the molecule and strategically aligned with our growing interests in solid tumors associated with the GI tract.” |
#Willie99, exactly what I was just checking on.. :o)
31.07.2024 - all of the remaining shares held in HLN were sold in May 2024..
AZN were 2% off also, so not GSK specific today, but it is getting tedious watching, the share does seem to wobble along between 1300-1800 and has done for 10 years now.. |
LLB…Gsk no longer have a stake in Haleon, having sold their final 4.2% in May 2024. |
Pfizer are selling down 50% of their HLN shares through a book-build today/tomorrow, we will see how that pans out but sure to be at a discount and weighing heavy here on the shares/value GSK still hold of them.. |
This is a case of a valuation at odds with current earnings and near/medium term potential coupled with an unloved UK market right now. I think both will improve but unlikely to do it in sync with one another. If I was to stick my neck out I'd say IMHO things will be a lot better in the next 12-18M. And believe me when I say this stock has severely tested my patience. |
AZN fell also yet GSK is significantly lower valued, this again is not stock specific and I guess more funds are being pulled out of the UK despite many in the FTSE having international earnings |
We have a government in chaos |
$1.22 = £1 should provide support ..... |
Already overweight here but tempted to nab a few more. |
Me too although I'm already overweight here. Not sure what the issue is here but long term should be worthwhile adding at this price (I hope) |
If this nonsense carries on I'll be adding further. There really is no sane reason for these to be down here. |
You're right - misread it.
2,113.449 is an odd way to report a volume of shares ..... |
Nothing large there and these are just dividend reinvestment. Daily wage for most of these directors |
Director buys ... including some large ones. |
Traders betting on 8% drop in the pound. Could boost GBP reported earnings. |