Reckitt Benckiser Share Discussion Threads

[scepticalinvestor] 26/3/2024 08:52

Now is the time to load up imoEach to their own

[unastubbs] 26/3/2024 08:44

even mild dollar weakness and this crumbles, yet another reason to avoid right now...

[scepticalinvestor] 26/3/2024 08:39

Where is alfred e neumann

[scepticalinvestor] 26/3/2024 08:38

Bots playing tug of warTaken another 500 at 42.52 avg now below 43.

[alfred neuman] 25/3/2024 20:18

The SepticInvestor doesnt learn by his mistakes - he bought and lost money so he bought more and lost more money

But the best thing is he boasted about it

Total clueless loser

BWAHAHAHA

[scepticalinvestor] 25/3/2024 15:33

Ah wldnt pay any attention to poor alfie. I am sure his mental illness is a heavy cross to bear.On a positive note, this is only going one way - up.See you back in the 50s soon alfie / pet

[essentialinvestor] 25/3/2024 14:58

No point having a pop at a poster who may have called short term direcion incorrectly, so what, we all make mistakes.

[essentialinvestor] 25/3/2024 14:56

Chilli beetroot is very nice with salmon.

[alfred neuman] 25/3/2024 14:50

SepticInvestor with a big portfolio full of losers - it’s what he does

[alfred neuman] 25/3/2024 14:50

Down another 2.5%

SepticInvestor losing more money every day - it’s what this loser does

[pugugly] 25/3/2024 14:15

Keyno - Maybe vile but will not kill you. Hemlock is usually fatal.

[keyno] 25/3/2024 13:44

PUG -Beetroot, unless pickled (not sweet) IMO is vile!

[unastubbs] 25/3/2024 12:51

The other issue is I think that markets are probably due a correction even if only a by a few per cent, that could easily take this fragile stock under £40. I might well be tempted there...

[pugugly] 25/3/2024 12:16

Keyno - Nothing wrong with beetroot but the veg here is possibly more like hemlock.

[keyno] 25/3/2024 12:12

I already hold here and am not selling - yet. If I wasn't a holder I might be tempted to have a punt, rightly or wrongly. Not all the hearings are going to be in "judicial hellholes" and RKT will presumably have time to muster a robust defence to these claims.

I should add that this had already proved to be a bad investment for me, even before this case emerged, which I see as the beetroot flavoured icing on the beetroot flavoured cake - yuch.

[essentialinvestor] 25/3/2024 11:23

IF it proves to be any type of guide, the HLN share price was a Buy around 2 months after the news hit.

RKT may develop differently obvs,
however buying now looks very much like gambling to me.

[unastubbs] 25/3/2024 11:15

A fair point Keyno. Judicial hellholes doesn't instill hope for the future, does it! I'm still on the sidelines uninvested here. For the time being I think it's the best place to be.

[keyno] 25/3/2024 11:02

I treat comments from ex-employees with a pinch of salt, unastubbs. One never knows why the EX-employee left or the frame of mind he/she left in.

I read the FT article you mention and loved the phrase which you quote, "judicial hellholes".

[unastubbs] 25/3/2024 10:39

Some of the comments on there are good, this is "Season" -

"This business is a mess. From someone who worked there in CHQ for 7+ years, it has totally lost the entrepreneurial spirit that made it a formidable force. The MJ acquisition by Rakesh was a total mess. None of the MJ employees wanted to be part of RB. Then Laxman came in, rode the COVID wave and bloated HQ with McKinsey consultants and purpose-led nonsense. HR manage to wield absurd influence yet are at the same time utterly useless. Mandatory D&I training for employees on microaggressions (for a science/evidence led business this is comical). Avoid like the plague."

[unastubbs] 25/3/2024 10:35

"The next state trial is scheduled to take place in St Louis, Missouri, in the autumn. Lobbyists at the American Tort Reform Association, which campaigns against excessive awards, has ranked the city as one of its “judicial hellholes”, arguing that judges there “allow junk science to be presented in their courtrooms” and courts “are a prolific producer of nuclear verdicts”. A representative of the 22nd Judicial Circuit in Missouri declined to comment."

www.ft.com/content/aba1f14f-e965-49dd-b597-e82500e9be01

Google "Fight, settle or split? How a $60mn damages verdict is piling pressure on Reckitt" i seem to be able to bypass the paywall by clicking through from google idk why!

[unastubbs] 25/3/2024 10:24

garbage posts for garbage stock - makes sense!

[scepticalinvestor] 25/3/2024 10:16

Am actually still up mong.Glad to see I am still living rent free in your head hahaha