Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It's just a 'risk off' day. Unilever plummeted today and they didn't become a terrible Company last night. I wouldn't worry. I have never sold a GSK share and I've been buying them on and off since the noughties. I have too many as well and should re-balance but the div keeps me in beer and crisps so against my accountant's advice....etc. Might buy some ULVR though.
Although it's tempting to get my medical updates from the Daily Mail, the article by some grown-ups at the US National Institute of Health has some interesting info on TM, MS and vaccines. There is also evidence that proteins associated with Covid infection may be causing incidences of TM. This is likely to increase with the use of Covid vaccines. The numbers are tiny. Unlike the numbers of people affected by the diseases themselves.
https://pubmed.ncbi.nlm.nih.gov/19880568/https://pubmed.ncbi.nlm.nih.gov/19880568/
On which subject, I read, maybe in the Daily Mail or Viz or maybe somewhere else, that driving a car is horrifically dangerous, can result in death or permanent disability and has been deliberately and callously sanctioned by the corrupt Tory Government despite them clearly knowing the dangers. Just to be safe, perhaps I should walk to the vaccination centre.
Dunno. It's quite a drop on no news. Are we being told everything or could this be a buying opportunity? Will do some digging this evening.
It's 'whatsoever', not 'what soever'
'million' not 'mmillion'
'anti-vax' not 'antivacx'
'damn' not 'dam'
'won't' not 'wonm't'
And I'm stupid?
As usual the loony anti-vaxxers use emotive language and fail to acknowledge the millions of lives that have been saved by the use of vaccines. If you don't like them, don't take them. Simple. I don't care. I had them and I made sure my children had them and we will all have a Covid vaccine when one is made available by the 'corrupt tory government'. If you want to peddle your nuts ideas, David Icke will listen, I'm sure, but this is a GSK investment forum and I reckon most people would prefer to read something sane and relevant. Thanks though for the important links, but the 'ibtimes' and 'buzzfeed' don't appear to be peer reviewed journals so if you don't mind, I'll give them a miss for now. I'm sure you will have another rant, but I really can't be bothered to argue with you.
More unbalanced opinion from the anti-vax crusaders. It is true that H1N1 vaccine can cause negative health effects, mainly Guillain-Barré syndrome in around 2 in every million vaccine recipients. Of those, around 95% recover and 5% are left with permanent health effects. The US CDC estimates that in 2009/10 the USA had 60 million cases of H1N1 and around 12,500 deaths due to infection, which works out at a little over 200 deaths per million infections. I will take my chances with the vaccine. The trajectory of the anti-vaccination lobby is happily the same as natural selection. They will tend to get more ill than the vaccinated, they will tend to die earlier, they will tend to have fewer children. And Robert's your father's brother, some generations later, we have a saner and less dumb population.
Interesting article but flawed in several ways. Don't think for one moment that power Companies haven't considered what happens when the wind doesn't blow. Also you might take a look at Garrett Harding's paper 'The Tragedy of the Commons' which explains the problem better than I can here. I do agree though that B. Johnson is mad, but for different reasons.
Victoria2, I have no doubt you have bought wisely, but be careful what you read on these forums. Some (but not all) people talk utter garbage but can make it sound almost reasonable. The best policy I find is to read-but-verify.
Well thankfully I decided on Sunday that dogs dinner or not, £13 was too cheap so I put in a fill order and went to bed, where I dreamt I was being caressed by an old girlfriend who I had nearly forgotten about. Which is kind of what GSK has been doing to my NPV all week. I might ask the same question about LGEN next week to see if it has the same effect.
@billywig. Who's talking about selling? Since I first bought in 2011, I have bought biggish chunks on a further half dozen or more occasions and have never sold any. GSK is my largest single holding, though close to being second to LGEN in all probability. I am very well aware of the divs, which is why I have the shares. My point, if I am making a point at all, which I don't think I am, is that these shares are currently worth around 20% less than they were 9 years ago. Not much that I can think of in this life represents fantastic value if it depreciates by that much . If you think that makes it a bargain, then get your wallet out. If you think it's a dogs dinner, then put your money in the post office. Me? I am undecided, which is partly why I ask the question, though I I intend to do nothing except collect the divs and sincerely hope that I never have to modify that strategy. And I may buy more. Who knows?
These are now cheaper than when I first bought them in 2011 (£13.02). According to the Bank of England's inflation calculator, £13.02 would equate to £15.98 at today's prices, so GSK are about 20% cheaper now than they were in 2011. Buying opportunity or dog's dinner?
And I am way more worried about Brexit than Covid. Brexit is the narcissistic Johnson's vanity project, the same as it was for that buffoon Farage. The racism that brought it about will cost every tax payer dear over the coming years and lead the fragmenting UK down a path of mediocrity. This process has already begun. Covid on the other hand will inevitably be managed, because it has to be and will be a temporary, though expensive inconvenience. Not that thicko Johnson and his bunch of halfwit underperformers in Cabinet have got any more idea about that than he has about Brexit.
That's not quite how it works. The government don't top your pension up. You just pay it prior to tax. It amounts to the same thing arithmetically and on PAYE, it happens automically except for higher rate tax payers who have to claim the additional 20% back through a tax return. And while I'm on the subject, God help anyone who has to deal with HMRC. They are the most incompetent and ignorant buffoons it has ever been my misfortune to need to deal with. At least they paid me £50 compensation and £20 for phone calls. Thank you tax payers everywhere.
I do recall buying my first block of GSK in 2011 for 1302. I still have those shares and many more since, many of which were bought for more than today's SP. To see this price is disappointing, but since I've never sold any GSK, I guess it doen't matter. I will probably hold them until I die. Provided that the div holds, this price means a return of about 5.5% and the prospect of capital gain when the split occurs. I am wary of falling knives, but this one may just be worth grabbing.
BTW, nice post Trek.
I havea tiny (by my standards) holding in TW and liked it for the div, which made selling them pointless. Without the div, I can now sell them at a substantial loss or sit and wait, which is what I will do. Talk of £5 a share is fanciful nonsense and these boards are littered with the corpses of folks who have historically made similar unsubstantiated claims for their particular choice of snake oil. Nevertheless I am sometimes tempted to dabble a little. Probably won't though.
Well... someone below was right about 3% except it went down and not up, "Boom" indeed. GSK is my single biggest holding and I have a lot of them, mostly held for many years, though I have dabbled a little recently. Sound as a pound going forward in my opinion, just as they have always been and at this price (1562), I have added more than my adviser said I should. The div is well coverered too. Also, whoever it was who said a few posts back that ULVR was a buy at a good price might look again. They are about as high now as they have ever been, certainly for a year or more. I have none now, but have done OK in the past with them, but even a couple of months back they were tickling near the £40-41 mark and that would have been a lot more sensible, especially as they dodged the worst of the Covid shenanigans.