'Clayton and Chris Beckett, head of research at Quilter Cheviot, another tobacco investor, said that more regulations - with proper enforcement - could actually give the major tobacco companies an advantage.
It would raise barriers to entry and reduce competition, helping tobacco companies replicate the advantages they have with cigarettes, Beckett said, including the ability to charge high prices.
"Translate a similar sort of environment from combustible cigarettes to vaping and heated tobacco, and you end up with incumbent Big Tobacco having very large market shares and a very profitable business," Beckett said.' |
Added a few more at 2306p......lowering my av. paid if nothing else! |
ffs yesterday gone up in smoke like this effin share price |
Where's the Santa rally for BATs, he's avoiding Bats this year, lol. |
This is obviously being played around with and manipulated. Calm heads |
Doesn't take much to drive the share price down, dire share price performance imo. |
Normal service resumed! |
Great day ex div next Wednesday, another 57.72p in the isa tax free bag. |
Bought into a pension fund 2 days ago with 40k. BATS is their 2nd largest holding after RR. |
Think gap one will get filled before exdivi on the 21st |
Two glaring gaps to fill - will it, or wont it? pete |
Nice trade so far :) |
Anyone got any idea why the share price leapt up by a £1 overnight? |
"monty - you said ?23.35 by 21st Dec. It reached ?23.79 by 09:37 today.DiscO - anything to add?"Yep, he actually said it would be around £23.35 by ex div, so predicting the price for the 21st Dec. I'm with anhar, it's completely stupid trying to predict a share price. If Monty thinks he's mystic meg then he'd have said by today at 09:37, he didn't. Not the first time he's posted utter rubbish about share price predictions. It adds absolutely nothing and is a pathetic attempt to ramp a stock, he never supports his predictions with any reasoning either like TA. A stopped clock is correct at least once a day. |
Morgan Stanley cuts British American Tobacco price target to 2,900 (3,100) pence - 'overweight'
JPMorgan cuts British American Tobacco price target to 2,700 (2,900) pence - 'neutral' |
Smoking decline stalls since Covid as more young people take up the habit - study Published |
The Algo switch has been turned to BUY
lol |
A wiff of interest rates coming down in the US and our market takes off...extraordinary.I think the fact that US oil producers can now influence the oil market like OPEC+ used to do means oil prices and inflation is under control to a certain extent.However the UK is vulnerable to economic and geopolitical shocks as its always been.I'm not complaining though.Nice to see blue across a lot of shares for a change on the ftse 100! |
Thanks Gecko. Reading business news predictions are that bank rate will be down to 4% by the end of 2024. I might get some viewings on my latest new build. It went on the market in October - zero viewings so far. Huge interest on Rightmove but everyone is sitting on their hands. This news could spark the housing market into life |
Maybe I made the right decision to top up @23. |
The problem with making predictions is you get the naysayers trashing the predictions and you then tend to understate future hoped for levels. monty - you said £23.35 by 21st Dec. It reached £23.79 by 09:37 today.
DiscO - anything to add?
lippy - I agree. In fact, some years back I asked my m.p. to speak with the relevant minister (of the day) to enforce fast food drive-thru's to install licene plate recognition cameras and flat-bed printers such that the packaging handed over to the car diver/passenger carries the reg. printed on the base. The rest, once thrown, is obvious. But, if the take-away is also fined they'll ban that car from future drive thru's. Harsh maybe. |