they suspended the dividend to instead buy shares back. I would expect the buy back to be suspended if the SP recovers above 15, and the dividend re introduced.
Very good - 200m/yr free cash flow - current price is only 10x cashflow
40% of the world have negative interest rates
china has a doddy currency
these makes gold a real buy for the first time in 40 years!
going much higher
I am not sure if there is one.
If wmb takes another offer it owes ETE 1.5bn
If either breach they owe the other 100mm
but if wmb shareholder reject the deal I think that is ok
and if ETE withdraws that is probably a breach so 100mm would be owed, plus the 410 mm owed to WPZ
wmb cant vote against the deal is worth 21 to a wmb shareholder. ETE would love to get out of the 6bn financing. so we get room to reneg say 2 shares of ETE and $4 cash. I would take that!
GSK feeds total scientific BS to Bloomberg to defend not floating ViiV!
“HIV drugs are proving to be so effective in containing the virus that GlaxoSmithKline Plc foresees a time, a decade away, when its most profitable business unit may no longer have a purpose” said David Redfern, Glaxo’s chief strategy officer and the chairman of its AIDS treatment unit ViiV Healthcare Ltd
This is such a load of BS and mutations say this is BS
This story is amazing, First GSK floats it will spin off ViiV and the shares go up, this is a fast growing business. Then it says it will NOT spin off ViiV and the shares fall 15%, now we get this ridiculous story.
Really? current treatments are good for all time? This is a planted story to say to “investors” “don’t worry you did not miss anything”