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BATS British American Tobacco Plc

2,360.00
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
British American Tobacco Plc LSE:BATS London Ordinary Share GB0002875804 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2,360.00 6,741,692 16:35:13
Bid Price Offer Price High Price Low Price Open Price
2,362.00 2,363.00 2,389.00 2,360.00 2,377.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cigarettes 27.72B -14.37B -6.4241 -3.68 52.82B
Last Trade Time Trade Type Trade Size Trade Price Currency
18:45:01 O 19,667 2,368.041 GBX
Related Shares
Imperial Brands (IMB)

British American Tobacco (BATS) Latest News (3)

British American Tobacco (BATS) Discussions and Chat

British American Tobacco Forums and Chat

Date Time Title Posts
23/4/202418:42British American Tobacco8,933
08/4/202419:26Free cash flow?-
11/5/202310:01Recent broker forecast 5
02/1/201921:29British American Tobacco (BATS) One to Watch on Thursday 1
14/11/201409:11British American Tobacco - HOW MUCH HIGHER208

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British American Tobacco (BATS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
17:45:022,368.0419,667465,722.62O
17:28:272,372.743,72688,408.40O
17:28:262,372.741,31731,249.03O
17:08:452,373.5594122,335.10O
17:08:342,370.7217,129406,080.29O

British American Tobacco (BATS) Top Chat Posts

Top Posts
Posted at 23/4/2024 09:20 by British American Tobacco Daily Update
British American Tobacco Plc is listed in the Cigarettes sector of the London Stock Exchange with ticker BATS. The last closing price for British American Tobacco was 2,360p.
British American Tobacco currently has 2,236,419,367 shares in issue. The market capitalisation of British American Tobacco is £52,824,225,449.
British American Tobacco has a price to earnings ratio (PE ratio) of -3.68.
This morning BATS shares opened at 2,377p
Posted at 20/4/2024 09:09 by action
Agree. But as a trader I like cash to reinvest when share price weakens ie in case of BATS 2900p to 2280p. Also I recommend there is AGM next week?May see some share price movement up or down. Be ready to pounce.
Posted at 07/4/2024 13:08 by hope1815
British American Tobacco DRR (Dividend Ratio Return) Scenario

2023/24 Compound Model If share price drops

Investment £23,290.00 £23.06 per share 1000 shares
Dividend Q1 1000 £588.79 SHARE PRICE DROPS TO £ 22.84
1025 SHARES Q2 £603.61 SHARE PRICE DROPS TO £21.94
1052 SHARES Q3 £619.41 SHARE PRICE DROPS TO £20.98
1081 SHARES Q4 £636.49 SHARE PRICE DROPS TO £19.99
1112 Share Total share price bounces back £21.02

DRR is 20.94

2024/25
Investment 2023 Static £23,290 (1000 shares)

1112 shares forwarded from 2023/24

Dividend Increase 1.5% £2.3939 Break down £0.5984 per quarter

Dividend Q1 1112 £665.52 SHARE PRICE DROPS TO £19.75
1145 SHARES Q2 £685.16 SHARE PRICE DROPS TO £18.78
1181 SHARES Q3 £706.71 SHARE PRICE DROPS TO £17.58
1221 SHARES Q4 £730.64 SHARE PRICE BOUNCES TO £18.78

1259 Share Total share price is £18.78 £23,644.02

DRR £18.49

This scenario shows the original investment is not lost if Dividends are re-invested over 2 years and the share price falls by 20%. The wider margins of a fall would still compound increasing shares and the DRR model would still show no loss on the original investment.

This is my research and Linked to my recent post on the Dividend Ratio Return Model. Overall unlikely to happen but it is interesting to cover bases on what may happen, so people can see that Original Investment is not at risk.

Happy Investing
Posted at 29/3/2024 18:50 by hope1815
Dividend Ratio Return
To understand DRR on capital investment and the return over a period to illustrate-
I did a bit of number analysis on British American Tobacco period 3 May 2019 through to 2023

British American Tobacco (BATS) based on an Investment of £200,000 in 2019 over a 4-year period on share price and dividend re-investment model. It will show how you would not lose money on your original investment.
Investment Model £200,000 Investment buys at the price of £28.97 which gives 6903 shares

Dividend 50.75p per share for each quarter Total of 203.00 for the year

Each quarter would pay £3,503 in Dividend reinvested would add 123 shares to 6,903 giving a new total of 7,026.

The new DRR now be 200,000 divided by 7026 £ 28.46 per share.

Stamp Duty was included on the trades at 0.5% with Free trade on the Dividend Reinvested.

I used this model with a Medium return on 123 shares per quarter over 4 years. I could give you the monthly yearly breakdown on each quarter number of shares reinvested and so on. I widened the perimeters on larger Investments of £500,000 and the time frame from 2018 to 2023. The results were similar so I kept to a medium model on the example I worked on.

The return over 4 years on £200,000 on the return on share would range from £19.47 to £22.45 per share on 26 March 2024. The range on shares was between 8,590 to 9,600 shares after 4 years.

It is just an Illustration showing the case in America where people have brought a Class Action they lost money. They lost when they sold not if they kept their Investment.

I did consider people just being paid the Dividend quarterly hence I kept to 123 shares. The money they receive works in a similar way to Reinvestment. They would not lose money on the model above.

I hope this helps

Happy Investing
Posted at 19/3/2024 12:14 by hope1815
It only applies if the share price remains low in the coming months if it spikes toward the impairment announcement the case falls apart. The Investor has a mind of when to buy and sell.

Their position falls short on this principle

If a company announces they have a profit warning or falls short of Guidance the share price reflects that news. The Investor sells that position on that news.

It illustrates the US law firms blaming a decision announced on impairment to which BATS reflected over 30 years on their acquisition in 2017 which many analysts agree with.

The class action can be back over 6 years to 2017 but action needs to be proven on false information on the category mentioned by the US firm to which the Investors made their loss. The dividend they may have got plus the share price at the time of the court case showing their capital loss. The period had a lot of bumps in the road where the share price was affected, by Covid, Inflation, law change, and social habits which Bats had no control over.

A scenario -

Just think they are in court saying Investors lost $100,000 on their Investment when they sold. On the proceedings, BATS Lawyer steps up and asks when they sold(ask if they bought back in on a lower price ) and then points out the share price is 10% or more today when they bought, does an open palm expression, and shrugs his/her shoulders at the judge then sits down.

As an Investor, you expect good and bad news. If some people think otherwise well they not thinking straight

To be honest it would be interesting if common sense does exist.

Happy Investing
Posted at 13/3/2024 09:31 by mcunliffe1
I note an interesting aspect. BATS sells about 4% of its ITC stake, 437m shares and announces a share BB.

ITC share price rises 5% on the disclosure and execution of the SALE of a large chunk
BATS share price rises less than 5% on the disclosure of a share BB.

I read in a report in the national press that regulatory restrictions make it very difficult for companies to increase their holdings in India - ITC in particular - and the tobacco market was noted to be a growth area in India.

Seems odd that BATS should sell down part of it's 'valuable' holding in ITC at this time. Odd to me - maybe not odd to the market.
Posted at 12/3/2024 11:02 by mcunliffe1
BATS sells down part of its stake in ITC.
BATS consequently receives a smaller amount of dividend from ITC.
BATS uses some of that ITC sale receipt to buy its own shares.
BATS can pay a greater dividend to its shareholders because there are fewer shares.
BATS has less income from ITC to pay its own shareholders.

Kinda' strange don't you think?

Is this a good time to be selling some of the ITC stake given ITC share price has fallen 16% this year so far. Wouldn't your BB logic imply that BATS should be buying MORE of the ITC shares?

With BATS owning 29% of ITC perhaps ITC's drop is also dragging down BATS. However, there are 36 analysts covering ITC. 15 give ITC a strong buy, 17 a buy.

So, BATS management are considering a 4% sell.

Way to go!
Posted at 04/3/2024 20:05 by hope1815
Interesting views on British American Tobacco presently sit 10th place in the FTSE 100 with a Market Cap of £52,209.26 Billion.

Its revenue every year has been above £25 to 27 Billion for the past 5 years or more. Its operating profit this year was above £11 billion before the impairment was applied. The operating profit has increased year on year.

The debt is coming down fell by £3 Billion this year alone. Interest rate to fall which in the medium term will impact savings on borrowing payments.

British American Tobacco Portfolio includes ITC which was formed in 1910 they currently have 29%. ITC is floating as a separate company with hotels etc which BATS holds 17% which they want to sell. This will probably raise a few Billion for Debt reduction, share buybacks, special dividends, etc. Bats still retain 25% in the ITC group which pays a regular dividend to Bats.

People who say it's a value trap, a falling knife, etc. I think they need to look at the Board, company Fundamentals, and Portfolio. I think you may see a company is profitable year on year, dividends well covered, asset value of its holdings around the world to increase India, and Nigeria's growing populations.

It is a buy at these levels as the dividend yield will keep increasing as the share price drops. Bats are cash generative with new products and markets opening up, investing in new tech, and keeping up to speed around the world.

People can decide what they like but do some research before commenting, please.

Happy Investing
Posted at 31/1/2024 17:50 by hope1815
I did some research on ITC 78% of its revenue is from Tobacco within India (Growth of the Population is set to rise in the coming years and then flatten). ITC is going to float part of the Business and BATS will hold 17/19% which they want to sell.

The projection of ITC as a company is set to grow if forecasts are correct. In the meantime, Bats has lowered the Debt, controlled costs, maintained Revenue, and looking to expand its product line.

The only time to offload ITC is if someone else wants BATS shares. There seem a few suitors in India for that. I would think Bats will hold ITC for now and see how it progresses. It is always best to sell an asset when your asset has appreciated to the point that it might even be overvalued, selling can be a good way to realize other avenues of investment. Bats shares in ITC stand at 29.02% which each passing year will reduce.

British American Tobacco with no debt does seem appealing with constant Revenue. That is another discussion for another time.

The subject could be on Debt repayment ratio to ITC Dividend to BATS plus other subject matter on Bats Portfolio. (The debt repayment taken out does show Profit Growth).
Posted at 26/1/2024 19:52 by redbaron10
You see it all the time in mining companies and oil and gas.Preliminary geological surveys and sampling from a test drill in mining or oil exploration can give a great reading,the company announces the result of a test well/mining operation, and the share price shoots up.When a viability study is done as to whether the reserves are big enough to make a new mine/new drilling well economical gives a negative conclusion, then the share price tanks.The companies i presume are duty bound to give news like this of their company to the markets and the share price will react accordingly.Either the company benefits hugely from this new discovery or wastes valuable capital expenditure on producing a dud.I don't see the difference.No one can fortell what is going to happen in the future,but i think one can unarguably predict that cigarette sales will continue to fall as governments and regulators globally are anti-smoking.The reality is cigarette volumes will continue to decline and BATS CEO and board are just being realistic in their assessment.They would probably be rightly criticised for continuing to keep an inflated,unrealistic, asset figure on their balance sheet when it doesn't merit such an valuation.
Posted at 10/1/2024 17:04 by mcunliffe1
disc0: to answer your question as to why I invested....it was to reap a decent dividend and one that pays out four times a year.

If a company has spare cash and is able to buy back its own shares the hope is that the resulting lesser number of shares will each own a little bit more of the company that was the case before the BB.

But that extra value comes at the expense of no longer having the cash sat in the bank account. So, it could be saif the company is less valuable without that cash.

It diminishes the ability to pay a dividend of an equal value to that paid in the previous year - particularly when profits may not have been as healthy as that previous year. The flexibility of using cash reserves to boost divi. in tough times has been spent on the BB.

Now, if the theory of an increased share price really does result from the BB, and it often doesn't or at best, isn't overly obvious, then my own share valuation will have increased but given I didn't sell my shares when they fell significantly I'm not enamoured by the fact they've risen.

That dividend I'm after, it NOW buys a lesser number of shares than it would have done before the BB - again assuming the BB really did raise the share price


To sum up, it is hard to determine if a BB has done the job of raising the share price It is very evident though that the money used has now gone and any alternate uses for that cash have been blown.
British American Tobacco share price data is direct from the London Stock Exchange

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