No reason why we should not go back to August 2023 trading range of 2725p, especially if interest rates start getting cut, in the meantime we collect a nice dividend every 13 weeks. That's my view anyway. |
BAT alas far aaaas I seen it. Laaast time 200p price gap was seen between BAT and imperial. That I ha not seen again. Of course there is takeover premium attached with Imperial but nothing happened since 2017. I am holding both. |
How do you compare this one to imb? Which one is really cheapest/most value? |
Doubt it, 2575p trading range, next level. |
It appears not plastow. 2500 has to be a psychological point and happens to be a couple of pence below my average. It's at 2492 as I type this. |
After yesterdays shooting star we may see some selling over the next few days time will tell? |
Same here. Closed my last profitable trade. Still running a book loss and collection divi till it becomes profitable. |
I'm very overweight but contrary to you i've just bought another 200 on the back of IMB's result update.I don't want a share price crash! |
Sold 200 shares for profit as overweight. Need a crash now to buy back in. |
That's the daily double top finished OK let's see if next week will try a retest?? |
Its melting, lol |
monty
i think the butter is frozen.. |
BIG NEWS: Greencore Group (UK, 0386410) will be added to the FTSE 250 Index and deleted from the FTSE SmallCap Index. All changes are effective from 16 May 2024. Full details of index changes available on the FTSE Russell website. |
It will go through it like knife through butter on a good day, lol |
Big test 25 ish |
Added a small amount. Was really looking to add more than that but 100p lower than it is now! |
4th June for a trading update here. |
My average is £25.02 on the £10k holding. |
I'd say anything under 2800 is still a bargain for BATS
They will keep buying back through the end of 2025 so I doubt they will stop now, those that bought around 2300 are still getting 10% dividend on their original stake, which of course was the deal of the decade for a company like this one. |
With the rising share price I would be tempted to ease back on the BB throttle.
Seems to me that a BB may want to achieve two objectives; maybe one or the other, maybe both. I see these objectives as:
. a rising SP . a reduction in the number of shares in circulation (assuming cancellation)
The former is happening but the latter is now costing more money to achieve a lesser number bought and cancelled.
I count myself a long-term dividend seeking investor rather than a 'trader'. I try and buy when a share is at a low point - don't we all. I am reluctant to keep buying when the share price is on a fairly constant upward move - as BATS has been for the past 30 days, in the main. |
Astute funds know that the frothy markets are going to tank soon enough and are not selling but adding. The buybacks have no sellers to fight and therefore the share price will slowly just keep melting up by the looks of it. This is the case for Altria and IMB too. |
2500p resistance and psychological level the chartists will tell you, break through that 2500p becomes the new support level. With the buybacks, should be soon, in my opinion. |
Some big sells went through late yesterday but the share price is pushing ahead this morning. Interesting. The algorithm must be expecting more buyers as we approach 25 quid. |
IMB doing the business,results wise,and they're no way near along the road of NGP growth in comparison to BATS.When NGPs are shown to materially add to bottom line profits here, in a shift from its reliance on legacy sticks profits, then this share should be viewed a lot more positively. |
I rest my case, Bats should be a lot higher.https://www.fool.com/investing/2024/05/13/best-stock-to-buy-right-now-altria-vs-british-amer/ |