Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Some people just shouldn't invest in LGEN, or any share for that matter. The SP should never be anything. It just is what it is. Smart investors will do nothing except buy on dips and collect the div. If you want fast gains (and fast losses), go to a bookie and stop posting tosh on here that just makes you look like a beginner. I bought many thousands of shares when they were well under £2 a year ago. I will probably keep them forever.
Some people need their hands held or are just high maintenance. It can be a bit annoying. One useful site for divs is Hargreaves Lansdown. Info on every share including dates, amounts and a ton of other stuff. No need to register.
Not so. Lockdown has seen people staying at home instead of going out for vaccinations, so vaccine income is reeduced.
This may pick up as GP's encourgae vaccination catch-up and as travel increases but who knows. What is more worrying is the long term stagnation of this share. I was buying them for the current price a decade ago and whilst the div has been nice, I would also have expected the SP to keeppace with inflation as an absolute minimum, which it has not done. Covid-19 was another missed opportunity for GSK. I am now looking for the reorganistion as a way to reduce my holding without taking too much of a hit. There are better places for my money. Including better drug Companies,
I first bought GSK in 2011 and paid £13.02. I've topped up regularly since and and it used to be my top holding (now overtaken by LGEN). Given that £13.02 in 2011 equals to £16.20 according to the BoE, this a p*- poor effort. I doubt I would have sold at any point and will continue to take the div, which will hopefully start going up at least to cover inflation but nonetheless, something is going badly wrong with this Company.
Buy on dips. Where have you heard that before? I've been buying GSK 'on dips' since 2010 and it is currently 4p above the lowest price I ever paid. True I have enjoyed spending the dividends, but the SP has been depressingly bad especially when compared to every other major pharma. I have too many of these shares, but it currently doesn't make much sense to sell. I won't be buying any more though.
Porkerchips By the same argument, higher MCAP means nothing if it's just an artefact of inflation. Around a year ago the SP was over £18. Figure that one out. And since 2011, the dividend has increased from 17p per quarter to 20p per quarter and not at all for about 5 years. This is hardly setting the world on fire. 2020 performance has been lamentable.
@cris1308
£63 per person per annum? Get real ! Divide the billions we pay into the EU coffers annually and divide it NOT by the population but by the number of people actually working and paying taxes then the true figures works out at over £500 per person per annum.
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No it doesn't. Even excluding part time workers altogether, a little over one third of the UK population works full time. Therefore the cost of EU membership is a little under £200 per annum. These are figures calculated by intelligent grown-ups and not read of the side of a bus. If you include part time workers, its about £140 a year. Sweet FA.
As usual, the brexit fan's argument is emotional and based on no evidence at all. The reason fishing rights (not rites) worked while we were in the EU is because it was unified and allowed stocks to recover by area. This worked. It also prevented the arguments that now exist about fishing and you can be pretty sure these won't go away after Jan 1. This is not the fault of Europe but is happening precisely because Europe is no longer unified. So bad example. How is inflation going to prevent credit? It's more likely to increase it because people will buy at today's prices instead of more later and because people will be poorer. Even more likely it will have no effect. The CBI calculates the cost of EU Membership as £63 per person per year. A small price to pay for easy holidays, legislation that saves people's lives, freedom of movement, cheap roaming, freedom to work, peace . Go to https://europa.eu/european-union/about-eu/what-the-eu-does-for-its-citizens_en for a list of other benefits. £63 a year = sweet FA. And finally your giveaway shouty argument ' why do Europeans want to live in the UK'? Is just the usual racist nonsense. I'm glad Europeans can come here. I have some good friends who came from Poland and Lithuania. They wanted to live here because inside the EU it was a brilliant place to live. And now the petty little racists like Farage and his his cult followers are messing it up.
Where have we been dictated to by Europe? Provide evidence of one example. Not an emotional one like most Brexit fans do endlessly, but an actual real-life one that has negatively impacted on you personally. On the other hand, I could provide dozens of examples of where membership of the EU has provided benefits and made us all considerably wealthier than we would otherwise have been.
The only reason the sp is up today is because the pound is going down. And that’s because johnson and the rest of his ship of fools are determined that their ill-conceived racist vanity project to leave the EU should happen regardless of the consequences.