This is still a strong buy. The likes of Symantec may well be nudged into making a bid. Thoma bravo will prob put in a low bid compèred to what Dark board will except. If a price that was low was acceptable there will be counter bids. Watch this space. :-).
Not to brilliant still in a bit of a bear trap. Although I should come through ok. Gsk and Haleon I will hold for a few years and hopefully dip in and out when I can. Sold lg when I should of held but got a small profit . Best thing I’ve bought was the last issue of gov inflation linked bonds which will do well over the next 18 months . Doing well with infrastructure funds which should also do well. How are you and how did you buy GSK bonds , never even crossed my mind .
Keep well and enjoy the sun . :-).
Hi Rickengland,
As pockerchips says they don’t really pay it back it’s just a revolving door metaphorically speaking they just renegotiate the loans bonds over long time . The good news is they will chip away at the debit as they will have a large cashflow over the coming years from the greater number of products they sell I.e. toothpaste to painkillers . In regard to the div I personally haven’t a clue they may elect to pay one to keep shareholders happy or bang the first div into paying a bit of the debit off . I would like to see the debit being banged on the head a bit.
Well I’ve added. Seems this has been exaggerated regarding the Zantac. We shall see good fall yesterday and more today it’s still the biggest consumer healthcare business around and at a low sp sharks would definitely be circling. :-)