These should be in double figures and by next Interims if all continues at same pace, I expect SP at least mid twenties - assuming they re not in for a bid. I just hope Mariola stays with the co and doesn't decide to retire.
....Plug Power maybe? We know all about them by now - or should do!
...expected in SP if JV is not announced very soon - which I don't expect. So the plan is to keep a bit of cash in reserve and top these up lower down if possible. Never easy to ink in terms for JV. Legal boffins love to haggle and we all know how soon the Xmas/New Year booze up starts! Be surprised if JV finalised before mid-Jan 24 when our SP might be 2.5 to 3p again!
...be rather helpful here. Don't really have lots of gaining shares in the p/f to sell in order to buy more GSK but if this SP continues to drift, might have to do just that. Incidentally, inserting a $B3 loss fund for Zantac payments seems harsh on GSK but then everyone seems to have it in for them these days!
I'd vote for you, simon64! Ever thought of calling a meeting?
I have just topped up below the £5 mark, which is really cheap still. After the latest RNS I am very confident that the next and subsequent dividends here will be jolly nice and this is a good long term hold in any portfolio.
Glad I took my losses a while ago and only retain modest interest. My attitude now is unless this rotten outfit can guarantee in their own blood exactly how much better off in money terms I will be immediately after their successful bid, then I do not intend to do anything about the few shares I have already written off..
...required to be filed by Dec 31,2023. It is therefore unlikely we are going to get any RNS before then, although cannot be entirely ruled out. On the other hand, very likely to get full update by end of March 2024. In view of the lack of news to date and the fink SP, holders are likely to be anxious to react to ANY news promptly which is rarely the best reaction although in this case understandable..
Much More on Monday. after the weekend papers have written this up.
Why would any sane investor need or want to DUMP them? They are assured (unless a placing & OO) to rise to around 40p per share in next year. Who can be so idiotic as to prance off anywhere else?
Wow dallo! You are either or both a big gambler or very affluent! Too many eggs for any of my baskets. Best of luck though1
It has caused my nice cheap holding to average up to only small profit overall but the way this is now positioned and the excellent relationship with Sri Lankan government has made me decide it is worth holding 250,000 here..
At this price, I reckon one or two foreign big names will be looking at a take out. Below £13.95 and with our catalogue of potential new drugs, a cheap and cheeky bid is now a real likelihood.
Thanks a mint, tommy15. Nothing earth-shattering. Definitely not worth the train journey from the south coast!
But still a hold and hoping will come good in short order
Finished -2.4% on the day it announced excellent results.
What the market does not understand is that the Zantac litigation is like a pimple to thiscompany and because of limitation of actions, it is soon going to be impossible for there to be ANY new attempted actions. GSK's legal team have all the existing ones in hand and the payouts, although never in the public domain. amount to no more than a minor irritation in the Annual figures, gradually reducing to nil over the next few years.
And those belly-aching about no increase being announced in the quarterly figures, there is nothing to prevent the Board from either announcing that at year end or even announcing a Special Dividend,
Lets see what the so-called Pundits have to say tomorrow.
Am I seeing things? All the initial gain on very decent figures just wiped out and replaced by a minus. This was too much for me so I topped up. What has GSK got to do to persuade the market it is the ONLY sizeable pharma in UK to be firing on all cylinders?
...the Londpn presentation? SP actually drifted again since, so if you heard anything encouraging, please post.
...from here. If the required cash is by Placing and OO, that will dip the SP. If by JV, then current holders reduce their long term value, which is still not great but at least they don't have to spend more right now. So smart money has started to move the SP down ahead of the meeting. I still have resisted the temptation to boy more but may stick on another lowball limit buy again. As for all that precious mineral sand, this market doesnt seem to give anything credit for possible future wealth.
With so many pubs closing the sensible argument is that those remaining will be better frequented more especially over the Xmas and New Year. I am told by a publican friend that the reason why CPC likes to have more than one pub in each busy city is so that the trained staff can be easily switched between pubs in the same city depending on staffing requirements. And most of the buildings have been bought for decent prices - freehold so are unlikely to lose even if they have to be sold. Which is a good case for holding CPC even if, like me, you are not in positive territory either to visit and enjoy them or, at present, to sell them profitably.
...is over Xmas their bloody fast cars find an ice - patch...or three!