Member Info for ToffAppleton1

TR6

“Credit Suisse and UK rooks, cant even price in GSK investment of $25o million is now worth $1.2 billion”

I agree. CS only price the negatives into Glaxo.
The billion dollar appreciation in Glaxo’s VIR investment hasn’t registered. Their bean counters probably don’t even know about it. So it hasn’t been counted.

If it was misappropriated Nazi Gold things would be different. CS have got a global monopoly on that asset.

Cheated

“The share is hovering around £14 so a 80p dividend looks good. That consoles the unwary and makes the twisted Board feel good. In actual fact the share price should be above £22 so paying out 80p on a £22 share is quite frankly rubbish and inglorious deception.“

Keep it real please. Companies have to cover dividends with earnings. You only paid £18 a share -even at that price the dividend is reasonable.

Fundamentals- dont forget those Glaxo isn’t a casino chip lime Bitcoin or Tesla. It’s a REAL company with rea fundamentals that pays real dividends.

Ignore what those ******s at crédit Suisse say. And if you’re not happy with your Glaxo investment- sell!

And put the proceeds into Tesla or S**tcoin.

Drug

“Their jab will come to market and be the lowest cost and most efficient storage in my mind”

I’m also told by a Glaxo employee that their upcoming vaccine is being modified to be more effective against the new covid variants. Which makes perfect sense.

It may not have been first to market but when it comes it’ll be the best covid vaccine out there.

As a gesture of good will towards their investors they should provide them with free jabs as soon as it’s released.

Poker

well the dividend policy now is

" Shell announces a dividend per share growth by around 4% to 16.65 US cents for the third quarter 2020 and annually thereafter, subject to Board approval."

Yes I’m aware of that.
But given the weakening dollar and rising oil prices I see the current dividend as too low. Institutional investors will be pressuring the board to increase it as long as the earnings support a rise.

One thing I do know about stock trading - is that nothing is written in stone.

Let’s see

Next Thursday

Poker

“Results are for Oct-Nov-Dec and the "expectation" was largely already given in the trading update on 21st December”

I have to disagree with you on this point. The results always spring a few surprises. I believe the update will surprise to the upside. And the dividend of 16.65 will be increased.

After a series of multi-billion write downs there could well be write-ups on the back of rising oil prices.

We shall see on

February 4th

Oil price gas fallen a fraction of one percent today yet the market makers have marked Shell down by billions of pounds.

Results on February 4.
I predict they will beat market expectations

Oil at $52 isn’t much lower than before the killer virus came along - when Shell was £21.

There’s no correlation between the oil price and the shareprice as far as I can see.

Buying opportunity

And I am rarely ever wrong.

Toff

Drug

“Most of which are fresh out of college with their heads straight up their asses”

You’re talking about bean counters - the bottom of the food chain.

All they do is countless hours of tedious research and then present them to management; who then sift through their findings and draw their own conclusions.

You’ve worked on Wall Street - you should know bean counters don’t publish broker ratings.

TR6

“CVAC 10% holding GSK hold was purchased at just under $10.00 per share, CVAC trades at $105”

That’s just one example of a small pharmaceutical Glaxo have recently bought into whose value has soared.
While other companies were struggling to make a covid vaccine Glaxo were buying into these sort of businesses right left and center; at the bottom of the market too. It’s added a few billion to Glaxo’s value -NONE of which is factored into the shareprice.

OR Credit Suisse’s mendacious downgrade.

Drug

“So long as they come in at or near expectations then no more damage. Right now GSK stock trades as if there is no growth for 10 years. Ridiculous.”

Two things you should know it you trade stocks...

1) if a company comes in just a fraction short of expectations on results day - they get hammered.

2) just because a company is undervalued/overvalued doesn’t mean it’s going to revert to mean any time soon. Companies and assets can stay that way for ages - for years. There’s a saying in the market that the Japanese yen has been overvalued for three decades.

That’s why people get drawn in to “undervalued” stocks and then get frustrated when it continues to fall - forgetting why they bought in the first place.

With 50,000 Glaxo shares in your portfolio I’d have thought you’d have known that.

ViiV Healthcare announces FDA approval of Cabenuva (cabotegravir, rilpivirine), the first and only complete long-acting regimen for HIV treatment
Cabenuva allows virologically suppressed adults living with HIV without prior treatment failure or resistance to cabotegravir or rilpivirine to maintain viral suppression with 12 dosing days per year
London, 21 January 2021 - ViiV Healthcare, the global specialist HIV company majority owned by GlaxoSmithKline plc ("GSK")

Pmoran

Let’s fact check this...

“Nissan starting today that brexit gives them a competitive advantage and confirming that they will be building the quashqi in Sunderland”

That’s straight out of the QAnon playbook. It’s what’s known as selective editing - or twisting the truth.
You’ve made it sound like they benefited directly from Brexit, but for those of us that can read they are saying they’re happy the government got a post Brexit trade deal. As is usual with the uneducated they appropriate their own version of reality - truth is obsolete among the lower echelons.

And that wouldn’t have happened if Trump hadn’t lost. His Brexit blood-brothers would have followed his advice and crashed out with no deal. Nissan gave said by far the best deal would have been to remain in the EU. And I believe we’ll rejoin once the old generation have died out.

Squid

As you and Pmoron have demonstrated, there’s a direct correlation between Trump’s tribe of Neanderthals who ransacked the Capitol and Brexiteers. I’d said it before Britain is the last bastion of Trumpism. And for that to come about a highly undereducated electorate is necessary.

Having said that, If the youth had voted we would have stayed in the EU. Voter apathy cost allowed the provincial mindset to triumph.

TR6

“London is not the place For GSK shares, even new uk pharma company's are listing in the USA”

Couldn’t agree more. When the far-right crashed us out of the EU they wound the clock back to the 1950s. It amounts to nothing less than de-globalization. An incredible act of folly akin to converting to communism is 1989

And worst of all - it’s destroyed our biggest industry. The financial sector. Trillions of dollars of assets have moved to the EU and USA in capital flight because London is no longer viable post-EU.

I’d love to see our biggest companies follow. In fact I don’t see they have a choice. The dubious privilege of living in an isolated far right Trumpesque state isn’t worth the countless downsides. If they want to compete on a global scale they must relocate to countries where they do business without paying hefty penalties.

Drug

Unlike many on here you’re in the position to sell up and get out without taking a loss. Even pocket a small gain.

The things to consider are:

1)Glaxo is in a downtrend
2)It’s been marked down for concerted shorting by hyena hedge funds and Credit Suisse
3) the dollar is falling and is forecast to weaken further.
4) you talk about dividends - but with ADRs the tax laws are complicated. I don’t know how it works from your end - but you could well end up paying the UK withholding tax on any dividends.
5) then there’s capital gains tax if you do make a good profit - once again you’re in the crossfire of two different countries’ tax laws.

Maybe you know the answer to some of these issues?

Drug

“I am in at $37.00 approximately“

Well the ADR is currently $37.82 five minutes before market close so you’re roughly 2 percent to the good.

As I said before - I can trade both UK and ADRs
The ADR has been by far the better performer of the two.

Can you tell me what the share ratio of the ADR is?

Drug

Do you mind if I ask how much you paid for each ADR?

Your entry price?

Drug

Do you have your Glaxo shares in ADRs

Glaxo has risen less than 6 percent from its year low of £12.84

Glaxo ADR has risen nearly 17 percent from its year low of $31.43

A difference of 11 percent.

That’s the cost of listing in an index like the ftse100.
That’s the cost of listing in Britain.
A cost bore by British shareholders

If Glaxo had performed on par with the ADR the shareprice would be about £15.12

I’ll be voicing my concerns to investor relations.
If a market cannot value shares fairly Glaxo should relocate and relist to somewhere which can. When you’re a multinational you can list anywhere so why list somewhere where your shares get trashed by bent market makers/brokers working hand in glove with unregulated hedge funds to drive the value of companies into the dirt.

For their own profit.

Drug

“Downgrading the shares of the FTSE 100 group to ‘underperform’ from ‘neutral’ and cutting their share price target to 1,400p from 1,580p, the analysts highlighted the mid-term dividend risk for GSK.”

CS’ solitary motive for trashing Glaxo is their own vested interests. And that is because their clients and them have taken up short positions against the company.

I’ve got in-depth knowledge of how brokers work.
I’m expecting Glaxo to beat market expectations on February 3 EPS will beat estimates.

I’m also expecting CS to jump in with another downgrade to sell - either on results day or the day after. Their ill-intentioned downgrades have been timed to inflict maximum damage and benefit their short position. In any other walk of life this would known as price fixing by a cartel and would be illegal.

I say cartel because it’s not only CS that’s involved. Yesterday’s downgrade was a signal for all the hedge funds shorting GSK to attack. They obviously communicate with each other through shady channels - as I know from first hand experience from working in the city.

It’s collusion pure and simple
Price determination to ensure the right outcome.

And CS will be using a 2022 dividend cut as a stick to constantly beat Glaxo down with. It’s a crude trick but it works - and it’s what you’d expect from Nazi collaborators and corporate criminals.

There’s no correlation between fundamentals and shareprice movement in the ftse100.

Global markets move in sync so if they rise market makers are compelled to raise the index. But instead of allocating shareprice rises evenly they allocate almost all the gains to the miners.

Metal prices rise - miners rise
Metal prices fall - miners rise

Positive updates from the non-mining sector- miners rise
Negative updates from the mining sector - miners rise..

Well you get the idea - the MMs are using the miners to control the index.

Miners are trading at multi year highs - the fundamentals are good but they are fully valued.
The rest of the index gets trashed.
No matter how high miners go , if the ftse100 rises miners all gains go to the miners.

Another aspect is the proportion of bets long/short on the index. Currently it’s 66 percent long. The MMs can’t let it rise too much or too many people will win. So they use their old familiar trick and allocate any gains to miners while trashing most of the other stocks to stymie any gains.
Whichever direction most people bet on - the index will go the opposite way. Every single time.

Strip the miners out of the index and you’re looking at a ftse100 of about 4500 - composed of the world’s most undervalued beaten down stocks.

Britain has some great companies- most of which are multinationals which make most of their revenue overseas. They deserve better than this, for the sake of their shareholders they need to relocate and relist in EU & USA markets where regulation exists.

Britain intends to deregulate the financial sector even more since leaving the EU. This will only encourage more dark forces to set up on our shores to shaft real shareholders.