I wouldn't read too much into that statistic monty. Lots of sweet shops opened as well. It's thought to be a scam insofar as the shop premise owner divests him/her/itself of local business rates liability and the sweet shop owner is a front with the real owner being untraceable. |
I thought the bears said all over for vapes. But more vape shops than ever opened 2023.https://www.independent.co.uk/business/number-of-independent-vape-shops-across-uk-jumps-again-b2471961.html |
I like it MCunliffe1 |
Avoid Tips. Smoke unfiltered. |
have there been any new year tips for BATS? |
monty: bit of a grenade lobbed in there re. the BB at a 'cost' of 9.1p loss of dividend.
I bought BATS for the divi. an aspect that you favour particularly as it's paid quarterly. I couldn't care less about the drop in share price as it will recover in the months ahead - as solid companies SP's tend to over time. dd2 in #8256 has pointed that out with the Guardian link.
Given a BB denies me of potential divi. it does not fill me with glee. Which bright spark decided in the past to invest/stay-invested in ITC? Does BATS not have current 'bright sparks' who may have a better suggestion for any spare cash other then a BB or even special dividend? |
Interesting article in The Guardian today which shows BATS as the best survivor from the start of the FTSE 100 era: |
Let's hope the Dog of the Year, Bats becomes best in show 2024. ITC finished the year well, at least that's a great investment. Dividends for 2024 Motley Fool as 240p pencilled in, but I would rather 230.9p and buybacks. GLA for 2024 |
Good.. let’s hope BAT will take legal steps in Europe. |
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 |