Looks like the top of the channel from March at 2600, but if it keeps pushing forward, that is fine by me.. :o) |
PM results good regarding NGP growth.BATS profitable a year ahead of schedule on theirs so Thursday should make interesting reading...hopefully.The illegal Chinese imports of vapes is going to have an affect one feels. |
Monty GKEN 432.50 today. Any views? |
Good to see they had their shareholders best interests in mind back then MCunliffe 1 and were not giving away the company profits 😂
Good luck all 👍🏻 |
That is a bummer.. |
A quick question.. how is the British American Tobacco shareholders meeting? Do they serve drinks afterwards? I would like to travel abroad for it.. however; it should have some social “drinking̶1; activity involved. |
Enjoy the ride I have 2710p pencil in, if all the stars align. |
BAT STACK INT ITC INDIA 25.5% after recent sale of 3.5% |
When buybacks and bulls get on the same page, should have a great run. Bears have been toast last 10 days.Pay day 2nd August, then only 13 weeks until the next one. |
We know how quickly Bats can rise and fall of course, but May 22 run to 3500p virtually not stopping, nothing goes up in a straight line 2 steps forward 1 back. |
Steady progress towards 3000 pence indeed, buys at 22/2300 now looking well timed indeed.. :o)
The chart looks pretty close to the next zig-zap in the channel though, so a few more bumps in the road ahead.. |
All looking good for £30 a few bumps on the way up a few shares less from divi but the capital is growing can't have it both ways |
I wish we were paying less for our reinvested dividends to be honest |
2nd August dividend reinvestment, I bet we will be paying 2650p. |
There seems momentum for this to get back to 30 quid. Been adding in the 24 region over last months. With Trump likely to get the US vote for next 4 yrs and the movement on SBB, I see positive potential.. GLA |
How much stake they have now in ITC % of share capital? |
#MCunliffe1, happy to hold and just let the strategy unfold, I built my position here pretty recently Dec - May after the RJR impairment downgrade which I saw as the opportunity I was waiting for to get in, held IMB for 5 years and they will be for free at year 10.. :o)
Sooner or later (IMO) there will be some consolidation in this space so covering both IMB/BATS off makes sense to me anyhow.. |
Thanks for the correction LLB - hadn't appreciated it was a done-deal to sell. |
#Mcunliffe1, IIRC BATS have said they would divest their position in the ITC hotels business as it is non core, but we will have to wait and see what happens as the strategy unfolds.. |
But, maybe the growth in that ITC stake together with the dividends that come with holding onto that stake could provide greater benefit than paying down debt that might, in the foreseeable future be renegotiated at lower rates when they fall.
I'm not selling my BATS shares - why should BATS sell their ITC shares? |
If they sold another chunk may pay off some debt, so we may not see any of the dosh, but nice to know they have the ITC stake. |
Special dividend sounds nice. How high would it be? Another 10%? |
Special dividend or more buybacks that would do me, lol |
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