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Will The Sex Tape Be As Bad As It Gets For GlaxoSmithKline plc?

VIDEO: One Fool puts GlaxoSmithKline plc (LON:GSK) under the spotlight.

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Owain Bennallack
Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?” That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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The scandal surrounding alleged misdeeds in China by Britain’s largest drugs maker GlaxoSmithKline (LSE: GSK) (NYSE: GSK.US) has now seen a secretly recorded sex tape thrown into the mix. But could this bizarre turn mark the bottom of the whole miserable episode for Glaxo shareholders?

https://youtu.be/DflflH06Ls8

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

Owain owns shares in GlaxoSmithKline. The Motley Fool has recommended shares in GlaxoSmithKline.

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