If update tomorrow decent then no problem, but market always find something they don't like. |
25 this week me thinks bouncy resistance at that level |
Share of the week Daily Mail yes, Tuesday see what the updates like hopefully not like the last time, disappointing the market. |
share of the week in today's Daily Mail. not sure what that means!! |
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=BATS.L |
It was around this time last year that BATS announced Jack Bowles the last CEO was standing down with immediate effect which certainly didn't help market sentiment or the share price. |
Let's hope not like last year, shares what I can remember around 2600p down to 2400p. |
BATS H1 trading update 4th JUNE.. one for the diary .. |
I will wait as in June you may see price around 2325p |
I do not have ac where I can short any shares. It is good thing to have , I mean flexibility to long or short. |
I go short from time to time on certain shares, but my golden rule, I don't short shares will a high dividend or that are having buybacks. Good luck bears on this one. |
I’m adding before XD over next few weeks as dividends arrive. Below £24 is a good top up opportunity for the near 10% divi. |
xd 27th june |
Thinking of adding another few before the next xd. Not too many more though as am already overweight here. |
amazing how everyone on here sells out at the top |
I sold out at 2490 and have started to buy back in at 2360. Hoping for a drop to 2300 prior to ex-divi date in June that will hopefully see a rise back to 25 or close. |
I'd prefer debt reduction first, special div second. No buy-back increase beyond that stated. |
#Hope1815, thanks for sharing, so following the de-merger (when it happens), according to other sources BATS would divest their holding in ITC hotels as it does not align with their core business, which in turn would fund a good chunk of debt pay down, further buybacks and/or a special..?
All of which is fine by this shareholder.. :o) |
According to a demerger document sent to shareholders, BAT has voted in favor of the demerger. BAT will directly own 15.32% of ITC Hotels (Previously was 17% but BATS sold some of their Holdings hence the new figure) as foreign direct investment, making it the largest public shareholder after ITC's promoter holding of 39.93%.
6 June 2024 ITC Will debate it but it is a foregone conclusion. On the Merchant Bank appointment that will be announced within Q3 2024.
Happy Investing |
Back in the 5 month trading range again |
I want price to recover to 3000p and reduce debt or buy back to achieve that price. |
Wow if true special dividend we hope. |
Hi,
@hope 1815, that sounds potentially good news. Can you provide a link to this info as can't locate anything please?
Many thanks, 🙂 |
Bases on this news expecting 2500p sooner again. |