British American Tobacco Share Discussion Threads

[montyhedge] 19/4/2024 21:01

Cash is king, but dividend compounding eighth wonder of the world according to Einstein.

[action] 19/4/2024 20:53

I always take cash divi. Cash is king.

[action] 19/4/2024 20:52

I was take cash divi

[montyhedge] 19/4/2024 16:05

I will be happy if under 2300p on that date, for the dividend reinvestment.

[action] 19/4/2024 14:35

Divi due on 2nd of May

[montyhedge] 19/4/2024 09:26

Don't worry about shareprice unless your trading it. Buybacks until end of 2025 if I read it right, also tender offer to buyback 1 billion pounds of bonds. At this low price great for buybacks, last year would have cost a fiver a share more.

[whites123] 18/4/2024 10:57

Only another 5% drop since the resident Buy High and Sell Low expert Topazfrenzy was pumping this with tales of doubling.
Now the rhetoric has changed to "Lets collect the divis".

I do laugh at he/she/its ability to get it wrong 100% of the time.

[fenners66] 18/4/2024 10:25

How many years would have to go by before there was any material impact on tax revenues - stopping 16 then 17, then 18 year olds from legitimately buying cigarettes?

Even then to counteract they could just put up the tax by a % or so.

There is a much lower % of young people smoking so they are already a declining source of income compared to previous generations.

The way party politics is driven you can imagine the outgoing party would be happy to reduce the next 5 years tax take anyway so they can blame the new govt for having to raise taxes...

[laurence llewelyn binliner] 18/4/2024 08:45

#Kiwi2007, in NZ the law got repealed to fund tax cuts, the Gov could not balance its books without their duties and income..

Here in the UK duties/taxes bring in around GBP10BN a year for the exchequer, take that off the table and it has to come from elsewhere..

Bargains for under or around 2300 in March/April in the pot for the long term, a 10% compound return for 7 years owns your full holding for nothing and what it is worth at the end is the bonus, but at some point there will be consolidation in the sector IMB/BATS will undoubtedly be a big part of it..

[montyhedge] 18/4/2024 07:49

Of course it won't come in here. Nanny state, don't gamble, don't drink, don't smoke, don't vape, don't eat it too much, drive electric cars only.

[hope1815] 17/4/2024 21:12

I wanted to add a comment on the discussion in Parliament about banning smoking for people born after 2009. I talked to a colleague about the proposed ban (my colleague has some involvement on the law side). We discussed the impact on many facets of age, discrimination, equality, etc.

My colleague suggested that a few court cases will be brought on the aforementioned topics. With the outcome of the Government losing and probably the law change after a large payout.

Sometimes people lose perspective on what they trying to accomplish.

Also, common sense sometimes does prevail after a decision is made poorly. Wales reviewing the 20 mph limit nationally only to be used around schools, hospitals, and Nurseries.

Happy Investing

[pander45] 17/4/2024 20:35

I think you're correct about Mordaunt. Electable. The only potential exit strategy from obliteration.

[montyhedge] 17/4/2024 17:02

It won't happen, Sunak gone after local May elections wipe out.Morant will be next Tory PM, she was against it. That's the way I see it.

[jubberjim] 17/4/2024 16:17

Took my last few pounds and went in 2257 this morning was tempted to wait but can t ignore the dividend

Back on the top rail for me

Humpty Dumpty eat your heart out

[laurence llewelyn binliner] 17/4/2024 15:33

#Spawny100, what a world we are heading into, everything controlled, 20mph zones, CCTV, drive electric, do this, do that, earnings taxed to the hilt every which way, and not even allowed to spend whatever buttons are left over on what we chose to FGS..

Come the revolution citizens, sooner or later governments, monarchies, dictatorships all get thrown under the bus, there is a tipping point..!

[spawny100] 17/4/2024 15:05

LLB that's where digital ID and CBDC will come in. It would be really easy to allow a 41 year old to buy stuff that a 40 year old can't with these in place.

[mcunliffe1] 17/4/2024 15:05

sorry. duplicated.

[laurence llewelyn binliner] 17/4/2024 14:45

That policy is nuts IMO, has to pass the lords next, but good luck policing it at corner shop level, I can imagine the push back being told 'no' by a spotty teenager shop worker to a grown up who is not allowed to make their own decisions now their roles are reversed.. :o)

[mcunliffe1] 17/4/2024 14:41

Many tories voted against the government bill on banning smoking for anyone currently younger than 15.

Labour and the LibDems voted FOR the bill. LibDems also want to legalise cannabis.
A mad world.

[batman5513] 17/4/2024 14:14

Where would the share price be if it wasn’t for the BB , still been going south again all week and interest rates still a long way off which could help the share price on the up , no end to the decline in sight .

[zicopele] 17/4/2024 12:58

Buying today. They seem to be the only buyer in town.

Expect RNS this evening