Good Entry at Genl!20 Feb 2020 10:02
Looking at G now and how the SP responded to sudden drop in oil price lately ,is quite supportive of the views that G is a solid base and core to have in your portfolio. Even if it stays at just below 200p we as investors shouldn’t be so disappointed after receiving the big dividends of 6%+ and that in its own rights equates to 6% rise a year. Maybe we are expecting more (me including )in rising SP to reflect immediately in my gains but the reality is better to consider G as a cash cow ,solid and safe bet in your basket of shares you should have!
Why it is not rising with all the goodness this company has better to leave to the market to adjust later while we are having the good dividends as there is not much to lose even if SP is at snails pace.
I have a diversity of shares ..some risky ones served me well and a couple let me down but one large holding has been multi baggers ,but G and GKP I will not sell and keep holding as a core base.
Holding strong here and may add at this level..keep faith and more patience.
GLA