Just for balance - Questor's track record as a tipster is abysmal.
They were wrong with their 'buy' and who knows, they might be wrong with their 'sell'! |
These stocks will never light up your portfolio again
Questor share tip: regulatory headwinds suggest it’s time to sell Britain's tobacco giants
OR |
We know as investors the trend for sticks sales is declining year on year we now need to see the positive growth trends for NGPs to replace this revenue and profit loss.They announced a new 'glo' product launch recently and we know these products should be breakeven and profit making going forward.Vuse is a brand leader in some markets now so let's hope for some positivity in the results and the dividend at current levels maintained for a few years yet. |
Yeah too close now to the results for me to go more risk on with this one.
Good luck all 👍🏻 |
Sitting on my hands waiting for the FY results in 2 week before considering to add for the regular income in the future. Fingers crossed |
disco
the oldest player in the land.. |
Nice one.Sure you don't want my stray dog? lolAnyone? woof woof poor thing. |
Unless ITC take over BATS in which case it will be heading East ;-) |
It will be forever either heading north or south, such us life!. |
Heading north again lol |
Heading south. Seems to be no support |
Thanks Laurence
Header updated with Q4 result date
Will add other 2024 dates once BATS update their website |
#Gateside.. 8 February 2024 - Preliminary Statement 2023 |
Anyone know when BATS have their Final Results?
Their website only seems to have dates for 2023 |
hxxps://www.ii.co.uk/analysis-commentary/sector-screener-two-stocks-attractive-long-term-returns-ii530399
Good luck all 👍🏻 |
Buybacks should start in H2
Until then this will remain range bound and undervalued imo
Collect the dividends for the time being .. |
January 10, 2024 at 04:28 am EST
BAT announces the launch of a new version of its Glo range vaping device.
Glo is presented by BAT as 'an alternative to smoking that does not involve combustion, producing fewer toxic substances than conventional cigarettes'.
The new device, the Glo Hyper Pro, is said by BAT to offer improved performance. With this new device, a charge takes around 90 minutes and lasts all day. Once charged, consumers can expect to use the device for a total of 20 sessions'.
To date, over 8.8 million adult consumers use Glo," points out Kingsley Wheaton, BAT's Director of Strategy and Growth.
The Glo range is available in over 20 markets worldwide. The Glo Hyper Pro has been launched in Japan, Italy and Poland, and further global rollouts are planned for 2024. |
Lord Wolfson (NEXT CEO) is regarded as an expert on when and why to buyback shares (see link)Https://hollandadvisors.co.uk/wp-content/uploads/2021/03/lord-wolfsons-wisdom-on-share-buybacks.pdf |
Think you miss the point. A BB should as I've posted only happen when the equivalent rate of return is better than the profit generated by investing directly in the business.If the BB reduced the shares in issue by say 10%, then eps will increase 10% from say 100p to 110p without having to increase income. If the market is rating the business at a PE Zof 15x, then the target price pre BB would be 1,500p, post BB the value would increase to 1,650p. BB's are favoured by the US so the rating could increase further plus the same applies because earnings have grown possibly more than forecasted.Cash for Dividends is not investing in the business and as posted previously what dividends?, for BATS medium / long term you've lost divs in capital depreciation. |
Down in the US at the moment |
 disc0: to answer your question as to why I invested....it was to reap a decent dividend and one that pays out four times a year.
If a company has spare cash and is able to buy back its own shares the hope is that the resulting lesser number of shares will each own a little bit more of the company that was the case before the BB.
But that extra value comes at the expense of no longer having the cash sat in the bank account. So, it could be saif the company is less valuable without that cash.
It diminishes the ability to pay a dividend of an equal value to that paid in the previous year - particularly when profits may not have been as healthy as that previous year. The flexibility of using cash reserves to boost divi. in tough times has been spent on the BB.
Now, if the theory of an increased share price really does result from the BB, and it often doesn't or at best, isn't overly obvious, then my own share valuation will have increased but given I didn't sell my shares when they fell significantly I'm not enamoured by the fact they've risen.
That dividend I'm after, it NOW buys a lesser number of shares than it would have done before the BB - again assuming the BB really did raise the share price
To sum up, it is hard to determine if a BB has done the job of raising the share price It is very evident though that the money used has now gone and any alternate uses for that cash have been blown. |
There is an increase to the business if the equivalent rate of return is in excess of what they'd have to invest in the business to get the same return to their bottom line. It's an investment the same as you buying shares, so could ask why did you?!!.Plus an increase in eps (yes if profitable) will be reflected in their rating and increased valuation of the stock.Not saying I'm in favour of BB's, I'm on the fence tbh, it just doesn't influence me to either invest or not in the business. |
disc0: there is no return on money spent on BB's.
There's an increase in earnings per share - or increse in loss per share if a profit isn't made.
With debt reduction there's an immediate saving insofar as interest is no longer paid on that debt.
I would never countenance a BB with any major debt in existance. |
“The big money is not in the buying and selling but in the waiting.” Charlie Munger (1924–2023).
“The stock market is a device for transferring money from the impatient to the patient.”
Warren Buffett.(Still at the crease). |
Have to disagree given the share price here is back to where it was in 2010. Don't like to see BB's when there's debt on the balance sheet but it's all about the equivalent rate of return. |
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