Unilever Share Price (ULVR)

Today Unilever published the following news article: 'Unilever to acquire Paula's Choice skincare'

Summary:
London - Unilever today announced it has signed an agreement to acquire leading digital-led skin care brand Paula’s Choice from TA Associates. Paula’s Choice is a pioneer of science-backed products and direct to consumer (DTC) e-commerce.

*I think anyone hoping to bag or multibag on ulvr has brought the wrong share*

Well, yes, in one sense, but I've had these since 1989 when they were about £4.30, so it's a 10 bagger if you're patient, probably a 15-20-er if you count reinvested divis.

I think anyone hoping to bag or multibag on ulvr has brought the wrong share.
Ulvr is more about long term sustained slow growth and a decent div whilst you hold and can compound along the way.
The only issue I see is when to add to your holding.
At the moment it is possible to buy close to the 200dma and that objectively is a good buying price.

Hi Mike, I don't disagree with anything you've said there. Plenty of people on this board and elsewhere were saying not so long ago that they expect a rise to between £48 and £52 in the next few months

If it sits in a narrow channel for a while I'm ok with that. Like you I'm not expecting a quick buck and we have gone ex divi in the last month so we'll bank some income shortly.

Due to the prospect of inflation officially going up (it already has) I have added as Unilever is an excellent defensive stock also realigning my funds into defensive , infrastructure etc.
Uniliver have already stated that any inflation will mean they will be putting up prices . Protection is the name of the game now in my opinion. :-).