Member Info for Andyagogo

Generous, is an understatement btw.

The share price has been punished, not Emma. And unlike the CEO, we are unable to benefit from a generous options package. Ordinary shareholders have to pay the market price if they want to buy.

Today the FTSE100 ended Up nearly 1% and GBP was significantly lower against USD. Are we heading for �13 a share or even lower? - any views ...

From the pipeline as per this morning's RNS, yet it's being ignored.

DOWN

the falls continue..

Just checked, and Berkshire dumped GSK in 2013. That became public in early 2014 on the release of their 31/12/2013 filing.

There is no stamp duty payable on US listed equities, which comprise most of Berkshire's listed holdings. Buffett's quote refers to the companies Berkshire own outright(not listed equities) it's often misquoted as a result. Berkshire once held GSK, exited in 2014 from memory, they also sold their stake in DGE, and of course TSCO.

Plenty in the US.

GSK Falling again. AZN Up again. Outstanding job Emma, truly remarkable.

Closing in fast on GSK in market value. Just over �3 billion separate the two companies. Never thought I would see GSK at number 2.

The CEO really needs to provide more clarity. I heard her say on the divdend policy... I hope that's very clear.. Well Emma it's not clear. Yes we hear business requirements come first above the dividend, however what does that translate as meaning on the divdend outlook...

Market hates uncertainty. This dividend comes with a very high price tag imv.

Gerry, as mentioned it does not need to be all or nothing. A payout of 50-55 pence still gives a nice yield. Just my own take and appreciate others may see it differently. However, the share price is indicating the market is unhappy with things as they stand imv.

Excuse the couple of typos, no edit function once you post.

I accept some investors are more income focussed. However often this is looked at in all or nothing terms, incorrectly. Will try to explain what I mean. Say GSK cut the dividend by 25 pence a share annually this still provide an attractive income. And as the market may regard that payout as more sustainable, the share price would imv, react favourably. It's the current uncertainty the market does not like, not the prospect of a dividend cut in itself. Look at it another way. GSK has fallen by approx �1.50 a share posts results within a few days. That is 6 years worth of a 25 pence divdend cut.

Look at how some of his holdings have performed recently, hopefully he stays away from GSK imv.

Look at how some of his holdings have performed recently, hopefully he stays away from GSK imv.

The signilling from the CEO is a small move in the right direction. Invest for growth, cut the dividend. 50 pence a share annually is more than enough in my view.

Until then, it's a Sell.