jj:...Still trying to get to grips with charts Elliot waves and the like so any help would be appreciated...
Here's some valuable help. Ignore all that nonsense, you will lose money if you follow it. |
This is turning out to be my worst 2023 investment :( |
Lorretadills: Your link doesn't work. |
Gaps can be seen on candlestick charts like the one in the header.
It's where the day's opening price and subsequent price range does not overlap the previous day's price range and a 'gap' opens up between candles on the candlestick chart.
The idea I believe is that the 'gaps' get 'filled' by subsequent price action i.e. the price action wants to return to the level where the gap occurred.
There was a gap up two/three days ago from about 2305p to about 2340p but that was filled on Friday, so the theory (AFAIU) is we are now free to revisit the previous gap between about ~2475p and ~2395p.
I mean, these things aren't clockwork, I think gaps are viewed more as areas of attraction as it were. |
There's plenty of negativity in the press and financial articles around BATS yet no negative comments or mention of PM's investments in Russia still.BATS and IMB did the morally right thing by divesting from Russia yet Western companies mainly French and US still operate there without censure it seems. |
Not invested (ex smoker)
But lots of mentions of gaps
Where are these gaps
Still trying to get to grips with charts Elliot waves and the like so any help would be appreciated.
Dividends look very attractive |
typical case of of a government who are short of funds seeking more from a company who is under pressure from the woke society,lets deal in drugs as they are legal in holland.... |
 I stuck this article into a free online translator. It comes out as follows :-
Judge fines tobacco manufacturer BAT 107 million euros
Tobacco manufacturer British American Tobacco (BAT) has been fined 107 million euros in a dispute with the tax authorities. This is confirmed by the company behind brands such as Lucky Strike and Dunhill following a ruling by a court in North Holland. According to the court, BAT's profits are more than 1.8 billion euros higher than was known to the Tax Office. On top of the fine, tax must also be paid on the profits.
BAT has firms in the Netherlands and abroad. For the many transactions that take place between the companies for making and distributing the products the tobacco manufacturer makes, they have agreed fees with each other. The Inland Revenue finds that some of those fees cannot be considered "business". This means that more was paid than the market price.
As a result, the Dutch branch of BAT would have deducted too many costs from its profits, resulting in underpayment of tax for a number of years. Also, when the activities of the Dutch company were transferred to the group company in the United Kingdom, incorrect tax returns were filed.
In a response, the Inland Revenue said it was "satisfied" with the court's ruling. The opposite is true for BAT, a spokesman informs. The company says it is considering an appeal as well as complying with tax laws in all markets where it operates. |
BAT received a mega fine in the Netherlands and still has to pay taxes over 2billion euros of profit. |
Tabaksfabrikant BAT krijgt megaboete in Nederland vanwege onjuiste aangifte hxxps://www.nu.nl/economie/6294282/tabaksfabrikant-bat-krijgt-megaboete-in-nederland-vanwege-onjuiste-aangifte.html |
Gap fill down now gap fiil up??? |
No one can predict shareprices, we would all be billionaires.We can have our guess. If Bats can be above 2300p ex div Wednesday I will be happy if they are 2250p so be it. |
Is this a quiz anhar?
My guess is Woodford. 🙃 |
dave: ...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...
If someone could genuinely predict sps they would very soon be pretty rich and they certainly wouldn't publicise their predictions.
Many years ago there was a scam taking advantage of mugs who believed such guff. What the operator did was to contact say 100 people from a muglist of investors and tell half of them the share would rise and the other half that it would fall within some period. At the end of the period he would ignore the losing predictions leaving 50 ostensible correct forecasts. Repeat this for 25 rising forecasts and 25 falling and continue repeating, discarding the wrong predictions in each round.
Soon you are down to a small handful of people for whom you appear to have called it right several times and thus seem to be spectacularly skilled at this. The larger the inital group, the more times you can "prove" to the final members that you made correct calls.
Then comes the sting and you ask for a sizeable sum for future predictions based on your proven unerring accuracy. Then you do a runner. |
is that gap fill 1 done |
PE of 6 lol |
'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 |
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