Dogsinbrazil, investors in GSK know the historical movements of this share price, and today is proof of this. It will take a lot to move to 1700p, plus with Brexit looming, we’re going to need miracles
Also, we can’t follow historical trends anymore. So I believe. This bull market has been based on different trends to the one last time round. We also now have an egotistic **** at the helm of Washington DC haha ( how much longer though ).
Further, this market has been driven by emerging markets than that of the previous times where companies are looking for growth rather than value.
High dividends always have a red mark against. Just look at Vodafone having there supposedly safe haven curvy 40%. I know it’s a different area, but any dividend over 6% in my view has to have a question mark against it.
Yes, I hold both LGEN ( having bought at 95p) & AVIVA (413.75p)
I concur with your views on companies holding cash in the bank for when a downturn may happen rather that return to shareholders through special dividend or share buybacks. Neither do anything in my view.