2.30pm interesting will the yanks, come in. |
momentum here is lovely. Very happy supermarky. |
Yeah it's looking nailed on that it will have a stab at 3000 very soon.
Wouldn't bet on a break and hold though at the first time of asking but stranger things have happened.
Good luck all 👍🏻 |
BATS 3000 this week, or maybe even today after US open.. :o) |
Nothing goes up in a straight line of course, but nice to know when there's a pullback, Bats brokers are in there buying. |
You said they said 6600p 2026, I remember the one I read in Nov 2023, fair price on a discounted cash flow model 7456p.Now either these in a few years time I think would do us, lol. |
Gap filled rocket launched. |
Come on BATS you can do it !! |
Totally agree again, I always said should be 3000p + before ex div.I hope i'm right.Good luck bulls. |
BAT is a highly cash generative business, and we are committed to continuing to reward shareholders with strong cash returns. We have made progress in enhancing financial flexibility, enabling the initiation of a sustainable share buy-back programme. Guided by our refined strategy, I am confident that we will progressively improve our performance to deliver 3-5% revenue, and mid single digit adjusted profit from operations growth on an organic constant currency basis by 2026.
Basic earnings per share were also positively impacted by the reduction in the number of shares due to the 2024 share buy-back programme..
Partial monetisation of ITC stake enabled the initiation of a sustainable share BB programme, with GBP700M in 2024 and 900M in 2025..
So we already know the BB in 2025 is going to be accelerated +30% from FY24.. :o) |
Barclays raises British American Tobacco price target to 3,250 (3,100) pence - 'overweight' |
If interest rates come down a bit as inflation reduces, this could rise significantly. Always a sort of bond proxy for income seekers.
The steady share buy back programme will have an effect on EPS. In the long term I will own the company totally. |
One thing boys, ITC trading near its all time high. What do Bats own 25% ?Every little helps, lol. |
Coming down to fill the gap, hopefully take off again when it's filled. |
I prefer Motley Fools outlandish £66 per share and 47% growth for 2026. Thems the kinda numbers I'll need to withstand the plans this government has for the working classes. K |
Totally agree, you know my forecast for 2025 is 4200p if all the stars align. |
A little frustrating... over the past year I have moved 90% of my portfolio into high yielding shares. Except for LIO, all have gone up so much that the yields have dropped significantly. I'm still investing quite a bit each month and there's more uncertainty with Rachel Reeves plans. I'm already heavily into BATS, so any ideas on future investments? |
#Monty, if you look at the 15/20 year chart you can see a lot more potential upside, we were at 3000 back in 2011/2012..
XD 26.09.2024, see if we can crack 3000 this week for starters or if it pulls back from there..?
But with continued buybacks, a progressive quarterly dividend, and the ITC hotel sale we know about to come which should fuel the 2025/2026 buybacks, the share could have a long way to run..?, the recent reversal only looks sharp on the YTD chart.. |
Next resistance level is 3022p according to some chartists but there again never met a rich chartist, lol. |
Agreed. You cannot expect people to pay NI all their life and then not be eligible for state pension. Even those who have a private pension have factored state pension into their life planning. I can't belive they would implement it. It would cause mass protests. |
Means testing state pension would be the most ridiculous ever No more pension contributions to private pensions and rely soly on the state for everything essentially it would seem to be 100% tax equivalent for having a pension...
No I don't buy even the Labour party being that stupid. |
7 - Means testing state pension.
Although I think they will put off doing that until next year. |
6 is already done isn’t it? |
Further to the list of potential tax Labour taid targets, add note 4..
1 - IHT 2 - CGT 3 - Pension contributions tax relief 4 - SIPP 25% tax free lump sum allowance 5 - Mansion tax 6 - LTA ceiling reintroduced with tax trap 7 - Freezing income tax threshold allowances and trapping pay rises into a higher tax rate band.. |