The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Seriously....you like the figures?? Operating profits -17% Earnings per share -25% Adjusted earnings -22% Even your CEO apologises for the very poor shareholders experience
I have been watching and considering my first purchase. Having read the CEO summary on top of RNS.......not buying here... He's not alone, but Christ these CEO's preside over awful performance but are happy to collect performance no bonuses....great job if you can get one!
Jack It is a huge liability....it has not gone anywhere but Has likely kept growing...if it gets out of hand and turns bad/ unmanageable longer term .....that is not priced in....
https://portfolio-adviser.com/aurora-commits-pharma-upping-gsk-stake/.
https://www.warc.com/newsandopinion/news/gsk_has_a_nose_for_growth/40037
Seeing as the Dow is off 350 ppts any rise today is good so a finish above 1300 will do. If the markets were reversed and the Dow was rising by +350...... we would be 50 pts higher.... Might not feel impressive but today has put an anchor down.....just need markets to stabilize
After the likes of Carillon, Capita, Stagecoach et al. Sagas it is quite reassuring to have a solid/no nasties report.....quite boring maybe....but I will take that over stomach churning volatility in my shares... The market will recognise in the months to come.
Megan, I am no expert....and this is just my opinion. Don't let your emotions rule your cognitive thinking....we have all panicked at some time. Bad days on the market can do that.... The good news is you now own shares in two really solid companies. They will be around for decades to come. The danger is you have sold gsk low and bought BP high. Both companies will have several reversals of fortune over the next few years . You have time on your side no need to panic.....the companies you have bought are as secure as any company...your decision making is sound. However, if your emotions rule you on weeks like this you can still suffer financial pail in the long run. This was meant to be helpful...pls disregard if it is not. Best wishes N
+560 pts