Think it was a very good move doing all those buy-backs when the shares were dirt cheap. Probably best to stop them when it gets over £27. I will hold until £30. With interest rate cuts to come pretty much everywhere it's only a matter of time. |
Of course easily in my view buybacks until end of 2025p,then why not sell another chunk of ITC and have buybacks until 2027. |
Yeah I agree and I should have been more aggressive with my top ups recently.
Good luck all 👍🏻 |
This has easily another 20% in it by end 2025 with the buybacks continuing and Trump in the White House (Reynolds menthol ciggies safe under Trump) |
2nd 3rd 4th August dividend reinvestment kick in including mine, I bet we are paying over 2600p for shares, to me always seem we pay more than than a week or two before, or is it just me moaning, lol. |
Another knock on resistance |
Trust Jefferies to come out and state the bleedin obvious.I doubt BAT is lobbying the Democrats and helping to fund Biden's campaign. |
Weak Dollar to Pound less so. |
Trump presidency would be 'net positive' for tobacco stocks, says Jefferies
Read more at: hxxps://thefly.com/n.php?id=3946908 |
Large stand spotted at MTV live isle of Malta last night. Very popular over here, cigarettes and vapes |
Bouncing off resistance |
2500p was resistance level, if broken and holds today, I reckon support level 2500p. |
Big resistance at this area hopefully this retest will prove to be positive |
Have a look at EPS to EV and you'll see that both IMB and BATS are valued more or less the same by the market (both at a little over 11 EPS/EV). |
Imperial near a three year high on buybacks, if that happened to Bats we would be 3500p, Bats buybacks until end of 2025 so still time boys, lol. |
Should be dividend reinvestment 2nd August, including mine in ISA, don't want the shareprice to high before then, more bang for our bucks as the yanks say. |
It is strange, but it's the system we have. It allows for regional opinion. Otherwise the whole government would be determined by the affluent South East! |
Labour 411 seats 33.8% votes Tory 119 seats 23.7% votes LD 71 seats 12.2% votes Reform 4 seats 14.3% votes |
Under Uk voting system Labour wins a super majority with only 35% of the votes, then a party with over 20% of the votes only wins 119 seats, Lib dem wins 60 seats with smaller percentage of votes than Reform. |
Good luck monty
Starmer will capitulate and the dividend might not be so secure.
I am impressed with how they BATS tool a multi billion pound hit and carried on
Feel that will come back and bite the shareholders in the ass
Luxury goods will come under the cosh |
That's why high dividend earners in an isa a no brainer, Phoenix, Bats (quarterly) etc. |
One year to leave the UK before Labour come for all your money lol |
My target 2710p. |
Buybacks continue,the election of Labour reduces uncertainty so we may get a small bounce there and then on 1st August the BoE will surely cut interest rates, as it's been widely rumoured, so the GBp/USd will fall helping FX and overseas earnings.Every little helps. |
I like where this price is, I can buy more monthly cost averaging and I like they're blowing 4 mil per day and then cancelling the shares. 4 mil is a drop in the ocean of 2 and 1/2 billion shares but it all mounts up and they're keeping over one billion in the treasury. This should support the price over the next 18 months then a nice little lift hopefully back to the mid 30's would suit me fine. And as for the 9% divi, gift horse... |