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GSK Consumer for Long term

Discussion in 'Technical Analysis' started by monilhathi, Dec 3, 2012.

  1. monilhathi

    monilhathi New Member

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    Hi Shabbir/All

    I see GSK Consumer as a long term stock (more than 1-2 yrs) based on technicals as well as fundamentals. At the CMP the stock is trading the 30.5x its CY2013e EPS. It has also gapped up significantly (corrected as well) after the open offer announcement. I plan to buy at least 100 in the next few days. Your views?
     
  2. shabbir

    shabbir Administrator Staff Member

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    Technically very good stock but fundamentally a bit over priced but I think with a view of few years should be a good buy.
     
  3. shabbir

    shabbir Administrator Staff Member

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  4. monilhathi

    monilhathi New Member

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    Thanks! This is helpful!