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... |
Imperial 52 week high on buybacks our buybacks finish end of 2025, to get back to our 52 week high which I think we should, that's around 2710p. Collect our dividends on the way.Good luck bulls. |
Hopefully the red side of the uniparty will not veer away from the latest blue uniparty U-turn. This time on Sunak's smoking plans for younger adults...which have gone up in smoke. Should never have even been considered, but presumably the tobacco lobby have done what is necessary to preserve this small element of individual choice and liberty. For now. GLA. |
Not too bad add the 58.5p on top we are getting 2nd August. If you're compounding or buybacks you don't want the price to run away. If you're trading you want to buy as low as possible if like you sold out before ex div. Investor or trader. |
Here we go again
Sorry to be the harbinger of doom
Think this is going to previous lows in tandem with all the 'luxury' shares non essentials
How low ?
Can t quantify but am getting worried as there is a distinct lack of willingness to row in against the tide and buy anything in any category
Market is very risk averse
We keep being told this is a banker but scant evidence so far
Stay in cash and wait for the market to recover its bottle.!
Good luck |
BATS must cut debt which id just too high. |