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Blue day .
Virtually everything in my p/f is miserable because the market in general is on its knees. Time to take up knitting, or trainspotting or ANTHING but watching these!!!
Good to see blue start . going to move more money from some shares to bsfa after placing news there good example how to do placings . Wanting to see more blue here.
All good news here and IMHO these are simply impervious to it. Staying for the US takeout hopefully at £18 without a fight.
How can absolutely no news what so ever have this kind of impact on the SP. Nothing new here. The court case going ahead was published over a month ago and there is still no new scientific evidence supporting any of the claims. This is turning into a circus.
Could be an overreaction, but I am staying out for the foreseeable.
Courts: Zantac
https://www.lse.co.uk/news/gsk-refutes-california-state-court-ruling-on-zantacs-cancer-links-2hbzigv35hihyv3.html
That’s quite the drop today. Had to check they hadn’t announced a 55p dividend or something! AZN only down by a fraction of a percent.
Good start to today.
I held this stock for years. At times, but not lately, it was tradeable and I made profits. That was then and now I have decided to cut my moderate losses and get out. When Haleon emerged and it price plummeted I ditched half my GSK and bought HLN. Now the SVB fiasco has hit some perfectly good companies stock prices and GSK held firm I sold the rest and bought into LGEN, POLR and TTG.
It does seem GSK is the Cinderella of this sector, but where is Prince Charming?
not that you would promote a share called bsfa at every opportunity in every chat.... your bonus must be based on how much you can ramp it (pump and dump coming possibly)
I wonder if it is the threat of actions in the USA regarding Zantac and cancer? Whilst the previous cases were rightly thrown out by the judge perhaps the next lot, and it runs into thousands of people, could be based upon science that confirms a causal link rather than a simple association. That said it will drag on for years during which time the new drugs being approved around the world should ensure that GSK has or will have reserves set aside for a worst case scenario.
I’m beginning to think that this share is not undervalued. It just keeps sinking. Held for a long time now and the div doesn’t compensate for the loss in share price. Best value for me has been Rolls Royce. Doing really well on those. Another headache is now BP. Not sure why the drop.
And again!!! Dow up +1% FTSE 100 up 1%. Two positive pieces of pipeline news today yet we are in the red again despite an abysmal red day yesterday!!!!!
This must be the most undervalued share in the FTSE100 and showing no sign of a recovery despite multiple positive updates. I’m at a complete loss as too why??
All other major Pharma Stocks significantly up today yet GSK lags behind and in the red. This is even after the excellent results and strengthening pipe line. What is going on?????
Slighty down my other shares ,my other shares down except for bsfa it moving up . gsk still a share i like .
Many other shares across market down today . bsfa had another good day .be nice to see more good days at gsk .
Increased my holding here today. Take advantage of the market conditions today
Until the USA cancer claims are finalised one way or the other his share is going nowhere.
Drifting more .Can change quickly as being seen at bsfa with news just at that share .
https://www.marketscreener.com/quote/stock/GSK-PLC-9590199/news/Goldman-Sachs-Resumes-GlaxoSmithKline-at-Buy-43096876/
In a research note, Goldman Sachs analyst Keyur Parekh has maintained his recommendation on the stock with a Buy rating. The target price remains unchanged at GBX 2000.
Bright start now price drifting .
oldbutnowisa,
1% rise at these prices adds around £580m to the MCAP - no small sum
There are sellers .Numerous other share prices dropping more .