Member Info for Phyl

Just tuned in to see that we are nearly 7p and 3% adrift of yesterday's close. Does anyone know why ?

Seaking1 I'm currently giving this some very serious thought myself. I came out of Glaxo last week & have put some of it already into LGEN but considering (very seriously) adding the remaining funds to my AZN holding. It feels like an exciting time to be an AZN investor. Just preying we don't see a market crash in the non too distant future.

BBC News - Turkey's plastics ban: Where does the UK send its waste now?
https://www.bbc.co.uk/news/uk-57680723

Morning all. Can you think of any solutions? If only we could find a currently defunct power station perhaps somewhere in Wales (if they'll take it) that could produce fuel pellets to combust at just the right temperature to produce power which we're in short supply of. Thus taking a product we don't want & producing from it something we do want???

Blimey, how good are our boys?

They've only gone an bought 478,987 of their own shares after the bell. If SP opens flat on the opening bell tomorrow morning that's an immediate £32.9k profit! I rather suspect it could be more!

Joking apart, the shares are just shy of £0.50p off their all time high and yet, they continue to trade their own... what confidence!

I was considering selling a few of my own. But now I'm seriously thinking of adding!

Good investing all.

That's a mighty 30% uplift versus today's SP as I write that is. Hope it materialises but in my experience brokers/analysts target prices are seldom accurate but great to hear that Barclays think the SP is somewhat undervalued. That suits both investors and would be investors alike.

Hi TR64, completely agree with you. I was wondering how Glaxo was getting on with Sotrovimab and thanks to your link now I know. For those that are seriously ill in hospital, this could be a life saving treatment. Every country in the world should have a supply of Sotrovimab to hand subject of course to supply chain/logistics challenges and of course all the regulatory requirements. Can't think why more hasn't been made of this breakthrough? Thanks for sharing.

Hi Nick, yesterday's RNS presented a very rosy picture that's for sure. I think we could all be forgiven for expecting a reasonable boost in SP today, following yesterday's little leg up and of course it may well come. After all, we were trading close to £3.00 in June and I'm sure back then these results had not been expected. Just goes to show just how unpredictable this stock market can be?

Thanks roperace, really good to know a retired ex-employee of Astrazeneca such as yourself follows this forum with first hand experience of what it's like to work for in this extraordinary company. An all round BBC then!

I need to remind myself that I am an investor in AZN and as such I continue to monitor the daily SP which sometimes I feel is akin to riding a swing. In a way, investors need to be rather hard nosed about their investments. Set a goal & keep to it even if it means selling a long term holding. I truly believe we are on the precipice of an healthcare transformation that will truly deliver rewards for those investors such as myself prepared to ride the swings of market sentiment.

I suspect, you may be quite sentimental toward your former employer... a feeling (no pun intended) I am beginning to share!

Blimey, what a simply sparkling set of results. Well done LGEN!

Tencent is currently a whopping 6% down (again) today having, once again, a detrimental impact on SMT SP that is down a mere 1% as I write although heading in a southerly direction. I wonder if our boys have or are considering increasing their holding in Tencent and thus doing the exact opposite of what I would do. Anyway, I much prefer to trust their judgement over my own any day! Fingers crossed for a better day tomorrow.

Cheers for your kind sentiments mate. Much appreciated. You get to a certain age & health matters are our greatest concern. I guess that's one of the reasons we invest in the likes of AZN!

Apologies in advance for those not interested in my waffling on particularly as it's not particularly investor specific but for anybody interested, here's my story:

I'm a 61yr old male & an investor in AZN. Despite averaging down on a couple of occasions, I'm still losing money but at least now it's in its £100's and not in it's £1000's.

I wasn't feeling at all well in the early hours of Saturday morning (just gone) so I took a rapid flow test that suggested I had Covid-19. I then went for a PCR test that proved negative although I was & still am suffering all the symptoms. Having called 111 & 119 I managed to speak with a doctor whom agreed with me that I should take another test which I duly did when I told him that I had taken a 2nd rapid flow test that again showed as being positive. The result came back early this morning confirming that I indeed, had Covid-19.

Thankfully, I have previously taken both my Oxford/AZN vaccines. One in March the other in May.

My symptoms have been such that I cannot say for absolute certainty that I would have been hospitalised but I do believe without the Oxford/AZN vaccines I would have been. At the time of writing, both Pfizer & Moderna have increased the pricing for their vaccines by 25%+ & 10%+ respectively while AZN continues to do what they promised & supply for no profit during the pandemic. Simply carrying on and doing as they promised.

I don't believe anyone from AZN follows this forum nevertheless I just want to say a BIG thank-you to a BBC. No, not the British Broadcasting Corporation but a Brilliant British Company that is Astrazenaca.

I mentioned on this forum on Tuesday that Tencent were trading 10% down. Only right then I should mention, at the time of writing, they are 10% up! Long may it continue!

Completely agree Elchagie. Sometimes playing the UK stock market is rather akin to playing roulette!

Just seen early doors SP... completely the opposite to what I expected l! Why?

Fingers crossed the markets will react kindly to the latest RNS.

Just thought you might all appreciate a positive news feed this morning...

Richard Colwell, manager of Threadneedle UK Equity Income, says there are ‘several growth drivers’ at AstraZeneca (AZN).The pharmaceutical giant is Colwell’s top holding, making up 8.3% of the £3.8bn portfolio, and in his latest monthly update he said it had been a ‘notable’ contributor to performance in June.‘AstraZeneca benefited from further encouraging developments about its product pipeline, relating to a kidney disease treatment and a drug to treat a form of respiratory virus in children,’ he said.‘AstraZeneca has the best sales and earnings growth profile in the European large-cap pharmaceutical space, with several growth drivers.’Shares in AstraZeneca closed up 0.2%, or 13p, at £82.66 on Wednesday, meaning they have fallen back about 5% in July so far.

Let's hope for some growth in the SP then!

Unfortunately, the Hang Seng Index has extended its loss to 5.5% as Tencent (SMT's largest holding) loses circa 10%. The likes of Meituan has lost as much as 16% culminating in the Hang Seng Tech Index itself losing around 17% in 3days. I believe this & the fact that realisation of what's happening in China is taking place along with a general downward trend in the FTSE today has ultimately conspired against us. Doesn't mean it won't reverse as time goes on today & over the coming weeks though. Keeping the faith. Tesla due to report profits of $1.1 billion exceeding expectations. Tesla up more than 2% on pre market trading. Fingers crossed this helps.

JPM China Growth & Income trust is, as I write, down more than 10% over the past 2 trading days. Could get worse. If truth be told we're probably a tad over exposed with our China investments here so any regulatory attack by the government particularly on their own tech businesses will, for sure, have quite a detrimental impact on our own investment with SMT but the questions are:
1. How much further will the China Govt go?
2. Are the drops we've suffered these past couple of days temporary or something a little more permanent?
3. Will the managers act by reducing their holdings in the likes of Tencent or will they keep the faith as they so often do?

Personally, I would like to see the exposure reduced in China as I think this could be the start of a long regulatory campaign by the China Govt but having said that I for one have complete faith in the managers here no matter what course of action they do/don't take. They know much better than me that's for sure.

The managers of SMT are not alone with their thinking & expectation regarding the prospects of China. I listened yesterday to an Interactive Investor podcast featuring Fidelity China Special Situations trust. They were very excited about the scale of investment opportunity there. This, despite the tightening of regulations particularly affecting large tech companies not mention the ongoing political tensions with the USA etc. SMT down a tad today on what has been a good week for us investors. Tesla on the Nasdaq is taking a bit of a beating today which may, in part, explain at least some of the drop.