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  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I sold 100% of my wife's AZN today for a roughly 100% total return since August 2011.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    edited 28 April 2014 at 3:05PM
    wow indeed. I just sold half the sipp azn holdings to wrap up profit, up 44% on buy price. Bought july 2013. You did very well GM with nice divis too
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I included the divis my wife received, which were a decent bit of the return.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • Doshwaster
    Doshwaster Posts: 6,398 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Scarpacci wrote: »
    Interesting talk right now that this will be an inversion which sees Pfizer, as a corporate entity, based in the UK. AZN put out a release saying they had raised concerns about Pfizer's plan to invert for UK tax domicile, although Pfizer were seeming to suggest this would just be a holding company for AZN.

    There's a lot of talk in the US about their tax system keeping US companies from repatriating their overseas earnings. It would be big news for the US to lose one of their top companies to the UK.

    Yes, interesting indeed. Some discussion about it here
    http://blogs.ft.com/businessblog/2014/04/pfizer-astrazeneca-and-the-uk-as-an-offshore-tax-base/

    I suppose if Pfizer did plan on doing this it would help get the UK government onside.
  • Wilkins
    Wilkins Posts: 444 Forumite
    gadgetmind wrote: »
    I sold 100% of my wife's AZN today for a roughly 100% total return since August 2011.
    I bought at the same time but I've decided to hold for now.
  • gadgetmind wrote: »
    I sold 100% of my wife's AZN today for a roughly 100% total return since August 2011.
    Me too, I also bought August 2011. Comes out at around 98.5% profit. Not bad for less than 3 years!
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Wilkins wrote: »
    I bought at the same time but I've decided to hold for now.

    I'd normally have held but I'm using CGT allowances and moving unwrapped holdings into ISAs when I get the opportunity.

    We normally have more spare cash than will fit into ISAs, but 1) currently we don't have as much spare, 2) the S&S ISA limits will go up soon.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i'm pleased for you guys. i wish i was onboard. if i was, i'd be staying on, at least for now.
  • Wilkins
    Wilkins Posts: 444 Forumite
    gadgetmind wrote: »
    I'd normally have held but I'm using CGT allowances and moving unwrapped holdings into ISAs when I get the opportunity.
    Sounds like a plan. I would not be surprised to find AZN dropping back while Pfizer struggles to mount a hostile bid. Longer term, I am optimistic about AZN, though.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i think you might be right. either they will stay higher, and things will progress quickly, with Pfizer keeping the price up through to the deal being completed (as per Vodafone). or it'll fall away, the price will drop, i'll buy in (happy to keep, but suspect Pfizer will come back and take it anyway)
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