Wonder if the yanks will wind this up or sell it off?? |
Shock horror...Pinemartin in share going up on good results scandal. |
GAAP EPS of 375.60p so at 3000p p.e 7.9 seems even cheap at thirty pounds a share. |
Good news also on a stay of execution on menthol vapes in the US.If BATS can maintain this very important NGP brand going forward that helps the share price considerably imho |
Superb 58.88p in the isa bag tax free every 13 weeks. |
xd 21st March 2024 |
As long as the chunky dividends keep coming i'm happy.Modest 2% increase in the dividend but inflation and interest rates will be coming down this year so the dividend only down a bit in real terms accounting for inflation.I like to read a CEO is looking to return more for shareholders as a policy.D.S.Smith and Unilever rising also so a good day for a change!! |
Didn't want to look first thing as feared the worst.......very pleasant surprise. |
06.12.2023 gap down filled... :o)
Yes.....but new one opened up. |
The trade volumes are quite modest. I expected to see 10s of millions trades with such a big increase. |
We should see some analyst upgrades from here |
Looks like a solid buy all the way up to the H1 financials late July to me, then the target net debt/EBITDA multiple will trigger release of shareholders returns..
06.12.2023 gap down filled... :o) |
Very pleasing :-) |
Almost at £25. Perhaps the US market will take it higher. My last buy was 2835p in April 2023 so further to go for me |
All looks good divi up debt coming down this may be the turning point for the share price. |
SYME IS NOW READY TO FLY |
Think gaps are/have been filled ?? purely academic ? question on my part . |
blippy3 That would be bn not m (unfortunately!) |
BATS reported a net loss after impairment , Net Debt reduced and div increased, result therefore is decent and that ‘s why share price shot io over £1 |
@Steven Adjusted net debt down 11% to £33.9m. |
58.88p dividend every 13 weeks, I like it. That will look good when interest rates start falling later this year, well even superb now, I suppose, lol, |
@steve adjusted EBITDA down to 2.6x
Salty. |
Anyone knows what is the debt after today result , nothing was mentioned on this except increasing yearly dividend by 2% . Can someone here tell me , has BATS debt reduces or increases .? The least qtr result , debt went up . Is it BATS just telling us (the shareholders) the good news only but not the bad news. |
@tufty - the price of the stock has been hammered in the last year and it was a combination of ESG policies in the major investment houses and negative sentiment around NPG. Today’s numbers prove the BATS is miles ahead of schedule on NPG. Brokers are gonna have to look forward now into a future where the ESG issues are diminished and that’s why I think there will be a significant re-rate for this company. I think IMB is dramatically under valued too.
Salty. |
I had hoped the markets would sell this off in the morning, until the reality of this good update became apparent. Sadly, my buy order never came close to hitting, but ultimately, I am just pleased that the news was positive :) GLA. |