I see another penalty for 100 M$ has just landed. Old news regarding court case but only adds to negative sentiment for BATS ! |
British bulls - omg I've not heard that name mentioned for - well it must be decades. oh well back to sleep. |
british bulls SHORT signal today. |
Added a little here today.
I can't see the strong cash generation and dividend ending any time soon. |
The current US price is 29.26 which equates to 2301p |
RECYCLING vapes will be made easier under Government plans to boost collection of electrical items.People may soon be able to recycle electrical goods through a collection from their home funded by the producers of those items under the proposals.The proposed changes would mean that vape suppliers would pay the cost of the collection and treatment of the products once they are used.It is thought that collecting and recycling vapes costs £200?million a year, with about five million thrown out each week. Ministers are also considering having large retailers install drop-off points in-store where people can recycle unwanted items free of charge. |
Monty...unlikely to be the best performer. However, if we get to 2500 by year end along with 10% dividend yield, that would be a good result for me. |
Let's hope the FTSE Dog of theYear, can be best in show 2024, at least we tucked away 230.9p in dividends. GLA. |
it was one of the points i like about this share the diversification in the indian company as india is now going to be the place to invest with its fastest growing economy with china a worry regarding its views on taiwan and other problems in asia.. |
Doh! How many of us on this thread, holding BATS stock, have unloaded any part of our holding in the past three months of low SP?
ITC share price has varied between 325inr and 499inr (Indian Rupees). Its close a day or two back was at 454inr
It has been a pretty straight upward trend since Covid.
It would be unwise to sell out now in my opinion. |
The company ITC shares price predictions in the coming year or 2 is expected to increase. BAT presently holds 29% of the company.
ITC is one of India's foremost private sector companies and a diversified conglomerate with businesses spanning Fast Moving Consumer Goods, Hotels, Paperboards and Packaging, Agri Business, and Information Technology.
ITC's portfolio of brands includes Insignia, India Kings, Classic, Gold Flake, American Club, Wills Navy Cut, Players, Scissors, Capstan, Berkeley, Bristol, Flake, Silk Cut, Duke & Royal. High-end nicotine is seeing growing demand due to the rise of vapes and pouches globally. Indian tobacco is well placed since it has a high nicotine content.
BAT's position as a shareholder with ITC has seen its position being Diluted further with Employee stock options. BAT wants to reduce its position to 25% but FDI rules do put that at a timescale which may see BAT shareholding reduced further in 2024.
ITC is hoping to expand with discussions on going with Fabindia-backed Organic India but Tata seems to be in a better position to purchase.
The prospect of ITC share price doubling in the coming 18 months has questioned whether BAT CEO is making the right decision in offloading ITC stock.
Presently ITC pays a 3% dividend which BAT receives. ITC now is the third largest tobacco company Marlet Cap in the world.
India is the largest country in population and its market outlook is to increase. BAT's CEO has a decision to make to wait or sell now.
BAT's share price presently is on the low side and undervalued in the UK market but its outlook with ITC would outweigh the Impairment on the USA business.
On a note, a few Analysts have suggested to wait and see approach with ITC sale. |
I see the highest intra-day trade was 2350.5 which is encouraging going forward.With fingers hugely crossed |
good to see this rallying to 2300 |
the share price is seriously bombed out and the ceo has surely kitchen sinked the bad news. I am holding and being patient. will reinvest divis |
With interest rates in the US and UK (both in election year remember)falling next year as forecast then 10% or close to it yield here could be very tasty.Let's hope the new CEO has kitchen-sinked all the bad news and no nasties with the divi come February results. |
No sign of a Santa rally. Only tomorrow left. Cmon Santa you can do it. Being some xmas cheer to us poor investors!! |
Given in one hand and immediately taken back.....even when the share price has crashed. |
In with a starting position here post XD, ready to collect all 4 in 2024, sooner or later managing a declining business will result in a merger with IMB..
The YoY IMB share buybacks bring that date forward, in the meantime 8 dividends a year to be going on with.. |
The dog of 2023, can be best in show the next year, at least we received 230.9p dividend. So fingers crossed for 2024. GLA. |
Like you said yield over 10%, going to be quiet until figures Feb, even if dividend unchanged at 230.9p I can live with that, but looking for 235p for next year. Interesting if Spring increase holding further, 10% at the moment. |
I never do DRIP. Can almost always redeploy that cash at a cheaper price (on those occasions I want to add to the dividend stock) than via this automatic method. But I can see the appeal for those who prefer a less active approach to investment. And I understand about the powers of compounding...as long as it is the right stock, then it works well, of course :) |
i will be reinvesting the divis but being careful bot to go overweight here. Not too many eggs in one basket. |