|British American Tobacco
||EPS - Basic
||Market Cap (m)
British American Tobacco Share Discussion Threads
Showing 2201 to 2222 of 2225 messages
|Evening PHIL , a friend sent me a photo from Naxos last week , 4 inches of snow !!|
|Thanks. Snow in Malaga today, Ronda cut off, now on beach in Valencia.
In uk with central heating full on thank goodness.|
|Thanks. That's better, upward progress.
Eyes now on IMB.|
|British American Tobacco, after earlier in the week revealing its agreement to buy the rest of Reynolds American, also attracted plenty of positive analyst comment.
Citi on Thursday said BAT has a strong standalone story, with some of the best organic sales growth among European staples, but that Reynolds makes it even stronger, adding about 4% to EPS and 8% to FCF/share.
|I'm puzzled as to why BATS has fallen back from £50 AFTER the £ has fallen against the US$, when so much of BATS profit comes from stronger currencies abroad. Yes, debt buying Reynolds will be there, but won't be a problem, given the cash that BATS generates; and the enlarged market/share it is getting will be very supportive of turnover and profit. Add in any drop in US business tax rates, and what is there not to like?
The market will revalue BATS soon, and once the £50 resistance level has been drilled through, which it will be, then it will then become a supportive floor, IMHO.|
|BAT takeover of Reynolds good for dividend, says Hargreaves Lansdown
British American Tobacco (BAT) has taken control of Reynolds for $49 billion (£40 billion), which Hargreaves Lansdown said should push up both earnings and dividends.
Steve Clayton, fund manager at Hargreaves Lansdown, said the deal ‘makes a lot of sense’ for BAT as they ‘already had billions tied up in Reynolds’ but now they have more money tied up and full control of the company and cash flows.
‘The States is an attractive market, with good pricing dynamics, and BAT can also take Reynolds’ portfolio of new generation tobacco products and sell them worldwide,’ he said.
‘We can’t ignore the debts that BAT is taking on to fund the deal and in the short term the stock has become a bit more risky as a result. But tobacco is a very cash generative business and we expect the enlarged group to be able to pay the debts down quite quickly.’
While the company is paying down the debt, Clayton predicted enhancement of earnings growth and ‘maybe the potential for a faster pace of dividend growth too’.
‘The sheer scale of the enlarged BAT raises the pressure on the remaining players to bulk up too, and attention is likely to turn to Imperial Brands, who look more and more like a minnow swimming in a tank of big, hungry fish,’ he said.
|Ex-d 16th. March, so natural rise in the price anyway: helpful for someone buying now on belief Reynolds deal will be good, with an out at a higher price before it goes ex-d. Personally, I'm in for the long haul, for reasons given before. This is one share that beats a deposit account by a country mile, and as long as you can tie up the capital - ie: don't use instant access cash - where else is so safe, longer term?|
|Day follow night.|
|18th jan Credit Suisee outperform tp 5100p up from 4950p
18th jan Barclays equal weight tp 5100p|
British American Tobacco became the biggest laggard, shedding 182.5p to £45.80, as it agreed to a $49.4bn takeover of its US rival Reynolds American after it upped an earlier offer. In its wake, ratings agency Moody’s also downgraded its rating on the cigarette maker to “Baa2”.
|No, and I`ve got BRBY with Q3 numbers tomorrow :-)
Only one I could see today ... should be more tomorrow:
17th jan Whitman Howard hold tp 5300p|
|Not the best day to announce with FX moves!.|
|Buying or buying more on any price dips looks good. The Reynolds deal will only improve trading and results for BATS, for reasons given in my above blog number 924; so fill ur boots, lol.|
|Added a few @ 4571p|
|Some broker comment here. Seems pretty neutral on the deal
|Seems pretty well priced in at this revised offer.
British American Tobacco takes control of Reynolds for $49bn
|What we expecting this to do to the share price then?|
|16th jan Jefferies buy tp 5800p up from 5700p|
|Nice little rise.|
|The price to buy Reynolds outright will be higher, but worth it. The no-burn technology to add to vaping, the likely further fall of the £ against the $, less US corporate taxes, no new competitors (who'd start a tabacco company now, lol?!), committed customers (as addicts are), little price resistance (same reason), reliable high dividend etc etc ... What's not to like about BATS?|
RBC raises to sector perform from under perform
|Plenty of Reynolds rumours / delays here at bottom of page....