xd is 2 weeks today. I am not wanting to have too many eggs in one basket though and i am seen in the past a share price/market can keep being 'wrong' and plummeting for longer than I can stay solvent. |
finkie: I bought 182 at £27.22 in mid Sept and 216 at £23.00 on 6th Dec. Avg is £25.06
I'd be happy with a return to £25.00 as the div's are then the bonus. I am hopeful but have no sensible reasons so will say nothing more. Good luck to you though. |
#Montyhedge, October 2026 so the best part of 3 years out from here.., but that will be a Labour policy to control by then.. |
Just bought a shedload at under 2300p let’s hope this is the floor as I thought 2500p was! |
Vaping tax comes in 2026 if it ever does. |
Of course, all overdone. For us shareholders ex dividend 21st March, payday 2nd May. |
Sell the rumour buy the news here.
All priced in. Back to 2500 in no time. |
Vaping tax, great article FT with Bats CEO. |
Nearly reinvested my divi now ill hold on if it drops mid 22?? |
https://www.ukvia.co.uk/vape-tax-illogical-taxing-e-cigarettes-makes-no-sense-as-they-help-people-quit-smoking-experts-warn/ |
Does seem strange vaping tax would only raise 40 million pounds but upset 2.9 million voters. |
In the Guardian, Sun papers today - 770000 people, mostly young, in the UK now smoke tobacco pipes and cigars; a five fold increase over a decade. There has been a huge increase since the pandemic. |
I have added a few more and will now wait to see what the clowns and central planners decide to do, to further weaken the UK. On the off chance they do not make too many new mistakes, hopefully this latest tranche will prove to be a good price, along with the rest (average close to 24.50 now, since you asked). GLA. |
I agree that the big players in this sector want to be consulted on legislation around vaping so they can make the most of selling these in demand products.
Far better to work with governments around the world and crack down on illegal sources so everyone profits over time.
Good luck all and roll on 3000 👍🏻 |
Vaping tax good for BATS. More incentive for government to crack down on illegal vapes (where tax won't be paid), which will drive people to BATS products.
Governments enforcing laws on illegal products has the potential to give a step change in vapes sales. Then there are other potential catalysts - potential ITC sale, and even cannabis legalisation. |
One thing about algorithms, they are programmed to read headlines of course vaping tax possibly tomorrow they just sell. With computer trading, there is no emotions, no fear, no greed, just trade on news.But for investors say like me with my isa I'm happy with 10% yield, algorithms give us an opportunity.That's my thought of the day, lol. |
Yes BATS & UK divided shares will soon be back in vogue, everything goes around ,always a risk with shares ,Dow Jones customers not convinced yet:-) |
Vaping tax just pass on to customers. |
KIWI - sounds like an extreme wealth tax. |
New Zealand: Overseas pension and a varying percentage of any drawdown is taxed at your highest rate :o(
Overseas investments: NZ Foreign Investment Fund's complex rules basically mean you pay tax on 5% of all your overseas investments each year whether you've made a profit or not. If you've made a profit you pay full tax on that too and any dividends. :o( If you keep the total value of o/seas investments below $50,000 you only pay tax on dividends and any gains.
The local stockmarket (NZX) is very, very limited and Kiwis in general really only invest in buying and selling houses to each other where profits were, until very recently, tax free. |
BAT has only 1% of its sales in the UK. So why would a UK vaping tax have any relevance? |
Surely vaping tax, all in the price Everyman and he's dog short on the vaping tax. Looks like the algorithms just sold in anticipation.Of course got to buy back one day.In the meantime for long term investors, ex div 21st March for another great pay day 2nd May. |
Interesting views on British American Tobacco presently sit 10th place in the FTSE 100 with a Market Cap of £52,209.26 Billion.
Its revenue every year has been above £25 to 27 Billion for the past 5 years or more. Its operating profit this year was above £11 billion before the impairment was applied. The operating profit has increased year on year.
The debt is coming down fell by £3 Billion this year alone. Interest rate to fall which in the medium term will impact savings on borrowing payments.
British American Tobacco Portfolio includes ITC which was formed in 1910 they currently have 29%. ITC is floating as a separate company with hotels etc which BATS holds 17% which they want to sell. This will probably raise a few Billion for Debt reduction, share buybacks, special dividends, etc. Bats still retain 25% in the ITC group which pays a regular dividend to Bats.
People who say it's a value trap, a falling knife, etc. I think they need to look at the Board, company Fundamentals, and Portfolio. I think you may see a company is profitable year on year, dividends well covered, asset value of its holdings around the world to increase India, and Nigeria's growing populations.
It is a buy at these levels as the dividend yield will keep increasing as the share price drops. Bats are cash generative with new products and markets opening up, investing in new tech, and keeping up to speed around the world.
People can decide what they like but do some research before commenting, please.
Happy Investing |