Yeah i've seen that.I bought shares in that period but all investments have the caveat that prices can fall as well as rise in price.I'm not sure how far they'll get with this class action.I don't imagine the new CEO or the board wanted to make this move but it is an economic reality that stick volumes are falling.The decision was taken around 2016 to acquire the remainder of Reynolds that BATS didn't own, which was probably not the greatest use of the balance sheet,but we are where we are. |
Cohen Law firm files class action for damages for BATS shares bought between February to December 2023.Simly wall Street report |
I am not seeing confirmation of a downward trend. The share price is just showing sideways chop, presumably to continue until we get the next update. Obviously a broad market sell off will spare few, if any, shares, so I agree with you on that. Not buying at these prices personally. Probably not until the next update, which will hopefully be solid and reassuringly dull :) But will take a view then. GLA. |
again and again new lows on lower highs... Confirmation of the downward trend.
At the moment it doesn't look like a bottom is forming. in a broad market sell-off it can go much lower.
Wait until bottom forms and an upward trend is established.
My opinion. |
Re Gecko’s Bloomberg article.
Biden seeks the votes of the vociferous anti-smoking lobby but fears an adverse voting reaction from millions of black voters having their beloved menthols forcibly taken from them. It will be interesting to see whether the FDA legislates or quietly retreats in this election year. |
So much negative doom and gloom regarding bats. I am staying put. It is also very interesting how these anti cigarettes campaigners shout louder than anti alcohol campaigners. Alcohol surely causes much more problems in society and hardly gets a mention. |
Yesterday morning |
UBS cuts British American Tobacco to 'neutral' (buy) - price target 2,400 (2,900) pence |
if you took every thing off the table so to speak people could not buy them like fast food,alcohol,drugs illegal but every where,driving cars which kill,so many things that need to be removed from humans so as to live for ever. lol |
IMB gone blue for the day. |
Guess the yanks will be picking up a few cheaper shares today. |
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 |