Topped up here at 2285p |
Every share I invest in has crashed over the last few years. Is anyone else in the same boat? It just can't be bad luck.No wonder I have really diversified away from shares to whisky, wine, art and property. All of my alternatives are doing really well.UK plc is done for. |
If you are looking at BATS longer term the question to ask might be ...is there a potential for litigation/compensation on some of the new gen products?. |
Heading further south at the moment. BTI pre market price down 8.12% |
£25B impairment write off not $25 B |
Two main reasons why BATS share price Fell sharply this morbid 1) 2023 result on Revenue at the lower end of guidance and 2024 will be
single growth at best 2) $25B write down of some cigarettes Brand’s due to macroeconomic headwind .
BATs will be under £22 as Debt is unable to reduce due to drop in Revenue . AVOID |
Monty corrupt market. MM knows everything b4 PI |
Mcunliffe I do know what yield is.
My point is that the dividend could be reduced which in itself will cause the share price to fall further. If the dividend is not reduced then there will be large numbers of investors who will buy simply because of the yield which could see the share price rise.
As Stevensuopertrader said it will be interesting to see what happens when the US market opens. The pre market has BTI down 7.1% in line with the UK so it will be interesting this afternoon |
What a gift at these prices for long term holders - may they all enjoy the dividends for years to come - I topped up near the lows today and will enjoy the rewards |
Well Steven,they say money talks but wealth whispers.
The concept of buying at the bottom and selling at the top is alluring but rarely works in practice. I've discovered that most of my investing mistakes have been erased by time.Simply by holding ( really good) companies over reasonable periods ( think 5/7/8 years) and it sorts everything out.Getting comfortable in your stocks,as Peter Lynch said,is the thing.Anyway,I must get on with my day.Have a good day. |
I would support buy backs once debt levels are around 2 times or so. Debt reduction is a sensible priority IMO. It is not like we are not getting paid pretty well to wait. Although I agree with Steven that we are likely to fall a bit further once the US opens. I think we will be in a better place this time next year, although probably not back to the 30 quid level. Based on the update today, I personally will take a view on my position should we return to the 28 quid level. Not going to happen this year, maybe not until late 2024 even, but all being well, IMO that is not an overly
ambitious target on a medium term horizon. Time will tell of course :) GLA. |
djderry. If you wait , with the same amount of investment , you can get more shares 😂 unless you got so much money to throw pal . Just only till Dow trading opens . This is a falling knife at 🎁 |
The reason IMB is not under 1500 is because of buybacks ... |
Once buyback is announced then back to £30+ quickly |
They hinted at buyback to return once debt is at 2.5 |
Picked up 1000 shares at £22.99.Also nibbled at another 1100 shares in Imperial at £18.32.It won't make any difference to the overall portfolio but I feel like I'm getting a bargain. |
imb not doing too badly at all. |
India. Growing population, much younger profile than UK. Big smokers.
BATS. Holds 29% of ITC in India and reaps massive dividend payment from same each year. |
if smoking disappears to that extent where is the government going to get the 10 billion it gets now???? |
Oh no not that muppet |
BATS will fall further when US opens for trading . Avoid |
 car1pet: the yield is simply a result of the formula:
(amount in pence of the full years dividend x 100) divided by the share price in pence. So,
(230.88 x 100) / 2300 = 10.0383%
If the share price falls further that yield increases. BUT, that has no bearing on the dividend amount which is currently 230.88p per share. If their PROFITS fall massively then that could cause a drop in the dividend amount.
At such low share price levels there could be a temptation to buy their own shares back and that could be at the expense of a dividend increase/special dividend.
It is precisely because the yield at a £23.00 share price is so high that I've bought more shares.
I've locked-in a 9.4% return on my investment - every year - providing the company does not cease paying dividends or decreases the dividend amount. Without either scenario I am guaranteed 9.4% irrespective of what the share price does or how global interest rates move.
Some may argue that should the share price fall to stupid levels, such as, say, £10 I've lost more than half my investment. This is true. But I STILL get £940 a year or more. I'd have lost ALL of my investment the day I die with an annuity. |
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