Member Info for steviewonder77

Im just below my average but i wont be adding ,i have a good position in this. We are due a dividend at the end of November,i will top up with that

Cas/i find the period from XD to the day after payment day are affected. I put this down to how much is reinvested in the company. I wonder what effect capital gains changes in the Budget, will have on dividend payments

Monk/i would look on it as an opportunity to load up. There is a small short on it 0;65%, It has been dropping since the 4th Oct when the short went on. As we all know, this is in limbo until the CMA report

On the H/L website, they are giving a TA on the 10 Oct and the 16th Oct. The results are in November. Good news today on inflation,

Tomorrow ,should be interesting, we are due an update.

Con/remember the company paid out a divi on Thursday,which affects the SP . Everyone is waiting for the Budget,the whole market is in limbo

Alive/you make a good case for not investing in GSK . You have made your mind up, so i will not waste my time giving the positive side. Only time will tell. I expect this to double in 2 years. Come back on here in 2 years time and say hello. Because of what you have posted, you may want to take a look at LSEG Its safe a take over target and a AI play

Couerd/ yeah, the way they look at it, is like Tesco looks at shop lifting, its all priced in. At the end of the day ,we the customers pay.

Alive/ If you feel that way its best you dont invest in GSK. Even top investors like Terry Smith (Fundsmith) will not invest in drug companies because he knows litigation comes with the territory. It doesnt worry me,for me its all part of the risk/reward.

Temple/Unfortunately its not the tory press ,investors are withdrawing

404/ you make a good point. Also investors tend to withdraw funds in a falling market and add when the market is at a all time high. Interest rates need to come down. The cuts should start soon. I will probably not add until i see the results in November

The market hates uncertainty ,waiting 4 months to do a budget and frightening the life out of everyone ,shows me we are being governed by idiots.

Well.thats the monkey off our backs. It wont be the last,all drug companies have to live with this.

Win/a few years ago.i bought into a small West African gold miner,"Avesoro" that was when gold was at $1200. It was a disaster,it ended up being taken private ,i lost £43K. I should have bought physical gold(we live and learn). Gold is a good hedge. You can take all the stress out of fearing a crash by building up a cash pile( RCI bank pay 4:5% on instant access acc) . Then if there is crash you can take advantage. In the 2020 March crash,i bought Lloyds Bank at 23p and sold it at 46p. The quality stocks like GSK will always come back,its the 4th biggest drug company in the world. I got it very wrong with AstraZeneca. I bought it at £42 when Woodford was crying because he had to sell it,because of withdrawals from his fund. I like a mug,i sold it at £48,because i saw something else i liked. I made money but i could have nearly trebled my money with those lovely dividends .Astra restructured it took them 10 years. GSK are attempting to do the same, that is why im so bullish.

Win/with the yield curve inversion and the POG ,its telling us a recession/correction is close. But,who knows,some have been predicting a correction for the last 3 years. Thats why its always,best to hold some cash,to take advantage of any pull back. Look at Buffett he always holds at least 30% in cash. With GSK,if there is a pull back,it will come back. Yesterday i sold all my holdings in Diageo and Shell and put it in this and a small amount in Liontrust. Im now back to 4 GSK,LSEG,CVSG and LIO

I also topped up today. i have bought and sold this in the passed. im now in this for the long haul.

AllAt/ well done .you should be adding now and top slicing in May. It could go down to just under £14 before it bottoms. Its so cheap .its got to turn soon. I expect it to be £19 by May.

IM not one for charts but if you look at the chart for the last 5 yrs, you will see it bottoms out around OCT/NOV. Tops out around April /May. I bought again yesterday.

Internet/ well. thats a vote of confidence. I wouldnt be surprised if this gets taken out by the Yanks.

Change/Deutsche Bank cut its target from 600p to 550p. I bought a load yesterday so a big kick in the nuts for me.