RE: Promising News13 May 2021 22:14
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,