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Aviva have sold up in their growth areas and kept the mature market operations. Their strategy is a mystery to me but no doubt there are those who understand it.

It seems unlikely that GSK can rely on Johnson and his crew for effective support. The creation of Great British Rail shows they are only good at moving deck chairs.

I'd love to think this stock would reach 4.50 (this year) but where is the evidence that it might? I know how these guys feel:

"Two years to get your money from Aviva’s closed property fund"

https://www.thetimes.co.uk/article/two-years-to-get-your-money-from-avivas-closed-property-fund-7vv5jck2d

How Aviva got it wrong targeting Glaxo boss Emma Walmsley.

"Reality is that although Aviva likes to dish it out on the airwaves, not all of its investment choices stand up to scrutiny.

Investors in Aviva's three UK property funds, suspended since March last year, are unlikely to be thrilled that they are to be closed down and liquidated from July.

They are in a not dissimilar position to investors in Neil Woodford's doomed equity income fund because of its investment in hard-to-shift unquoted stocks."

https://www.msn.com/en-gb/money/other/alex-brummer-how-aviva-got-it-wrong-targeting-glaxo-boss-emma-walmsley/ar-AAKde3y

For me this is less about GSK than it is about the failings of AV. There is a reason why a company that looks good on paper is does not enjoy the trust of more investors. What else is lurking in the woodwork?

https://www.lse.co.uk/rns/SGRO/segro-publishes-its-green-finance-framework-pnq1piq67x024yw.html

https://www.prnewswire.com/news-releases/aquarius-engines-unveils-new-hydrogen-engine-that-overcomes-fuel-cell-shortcomings-301293279.html

“David Cumming, Aviva's investment chief, claimed that GSK's potential was 'not being realised' and that this was reflected in its share price – down 15 per cent since Walmsley took charge in 2017.

'That's why Elliott has been allowed appear on the [share] register,' he told BBC Radio 4.“

https://www.thisismoney.co.uk/money/markets/article-9588747/amp/Top-investor-Aviva-fires-warning-shot-GSK-boss-Emma-Walmsley.html

GSK has had lacklustre management for over a decade, long before Walmsley. Woodford for all his is faults saw the writing on the wall and left. Of course it's easy to blame the current CEO but it's just possible she inherited a mess and is trying to clean it up. An explanation that won't suit the chauvinists of course. They prefer their meat red and raw.

Mine's a Murphy's if any one is buying.

“Speculation is rife that activist Elliott is set to push for a dramatic new plan that could see the FTSE100 firm sold off in parts or swallowed up by a foreign rival. It has even been suggested that a bitter battle could lead to the end of the Glaxo name.”

https://www.thisismoney.co.uk/money/markets/article-9581867/amp/Big-guns-GlaxoSmithKline-war-activist-Elliott.html

12 May: BP. shareholders vote down "a plan that would have forced BP to strengthen its climate commitments."

https://www.cityam.com/bp-shareholders-reject-climate-proposals-to-reduce-emissions/amp/

Persisting into the wind, so to speak.

Thanks perkylad. I was beginning to wonder where I was.

“Ballard Power Systems and Linamar Corp. have announced a strategic partnership to develop and sell fuel cell powertrains for use in light-duty vehicles, including passenger cars, SUVs, light trucks and commercial vans up to five tons in North America and Europe.”

“ The deal is a significant move in the cleantech market. Both Ballard and Linamar have a sizeable international presence, so together they represent a potentially formidable partnership in that arena. It’s also a strong endorsement from Linamar, a stalwart in the Canadian auto parts sector, of the potential for Ballard’s fuel cell technology in light-duty applications.”

https://electricautonomy.ca/2021/05/12/linamar-ballard-power-partnership/

Alex2570, I did move on and bought MNG and LGEN. Trading both has done me very nicely thanks. I am back in Av. but beginning to wonder why. Oh, I remember, it was for the dividend.. Fingers crossed.

“Too cold to handle? Race is on to pioneer shipping of hydrogen“

“Wilhelmsen's Brinchmann said that a 40-foot container would carry about 800-1,000 kg of pressurized hydrogen gas, but up to 3,000 kg of liquid hydrogen.”

“..the state support being thrown behind this cleaner-burning fuel suggests it does have a future in the global energy mix.

More than 30 countries, including several in Europe such as France and Germany as well the likes of South Korea and Australia, have released hydrogen rollout plans. read more

Total planned investments could reach over $300 billion through to 2030 if hundreds of projects using the fuel come to fruition, according to a recent report by the Hydrogen Council association and consultants McKinsey.

The role of shipping would be important to unlocking the potential to convert industries such as steel and cement to hydrogen.

Those two heavy-industry sectors alone are estimated to produce over 10% of global CO2 emissions, and overcoming their need for fossil fuels is one of the key challenges of the global transition to a lower-carbon economy.“

https://www.reuters.com/business/sustainable-business/too-cold-handle-race-is-pioneer-shipping-hydrogen-2021-05-11/

I wonder if they have bottomed out? I am thinking now may be a good time to do nothing at all.

I was intrigued by the slump in Tesla stocks lately.

It's a good time to top up in my view, so I did, taking a small loss on some GSK shares to do so. Diversification is the name of the game.

"Traders who expect an upward movement in price will buy the CFD, while those who see the opposite downward movement will sell an opening position."

I think the implication is that Black Rock expect the share price to rise and want to cheaply maximise their exposure, i.e. buy the gain without owning the shares. I'd imagine it's impact on the share price would be indirect. BR could have sold some stock to fund the CFD?

Apparently CFDs are not allowed on US exchanges.

https://www.investopedia.com/terms/c/contractfordifferences.asp

"You obviously have no idea how stocks work lol"

My theory is that if you think you know how stocks work then you don't.

It's a kind of positive negative leaving a market. But Turkey is a bit hot right now so more positive.

Having bought back in, it's a Hold for me with a third of what I used to own.