RE: Defensives sp declines22 Mar 2018 10:34
Surely, this prospective purchase of the consumer unit is an admission that the drug division has had its day and that the personal grooming, worried well products are where they see growth in the future.
Well, it has been mooted for some time that debt is a future share price killer now with the mass collusion of so called auditors.
If anyone needs depressing then a trip down memory lane for the past share prices of BT, GSK, Vodafone.......conveniently they fall outside of the 10 year charts of performance comparisons when looking back.
Still, if the divi is maintained then that is some comfort for long term holders.