keeps droppingggggg....ouch |
I think odds on vaping tax coming. I think tobacco tax always rise by inflation I think. |
BATS should move to the US for sure if Trump wins
It's US investors that are not bothered about tobacco companies being harmful etc, they are not idiots like British funds are, they want returns and not just moral nonsense |
Welcome to Stammers grey planned economy Marxist Britain...
Starmer a marxist? That couldn't be further from the facts. He's more Tory than most of the previous Tory government and imo should be standing as a candidate in their leadership contest.
A mate, lifelong Tory, said to me after the election that he voted Labour for the first time ever because he wanted a proper Tory government to replace the faux Tories we had.
As for smoking, it was those pseudo-Tories who proposed a gradually increasing age ban on buying cigs, so that eventually someone aged 100 could buy them but not a 99 year old, or some such mad scheme. Though re BATS, they have little UK presence as said above. |
BATS off today on XD, no surprise there, but on a 1/3/5yr overlay still very much the laggard compared to rest of the field PM, MO, IMB, ITC, TYO.. |
fast food causes obesity which causes massive 10% mhs cost more than smoking so tax the problem at its heart the fast food companies..
i notice no mention of that.. |
The U.K. is tiny for BAT and there is nothing (beyond a shareholder vote) stopping the company to changing its domicile and relisting in the US (its largest market) |
Welcome to Stammers grey planned economy Marxist Britain. He's learned from Corbyns failure, lie your way into govt. Don't tell the people what you are going to tax and control. |
 'We already know from Sir Keir’s rush to introduce a ban on smoking in beer gardens that the nanny state will be enforced to a more oppressive level. Next, we can expect by raising duties and inventing new taxes, the bully state will truly arrive. So much for his election pledge to “tread more lightly” on people’s lives.
One of Labour’s favourite think tanks, the Institute for Public Policy Research (IPPR), published earlier this month a report calling for “new levies on unhealthy food, tobacco, vapes, gambling and alcohol” that “could raise over £10bn per year by the end of the decade”.
When it comes to imposing puritan codes of consumption, the IPPR has form, having previously advocated plain packaging for sweets, crisps and sugary drinks.
Now it justifies a new tax or levy on “unhealthy foods” to provide funds to “save our NHS” while reducing obesity – but evidence tells us it will only drive up living costs without reducing our waistlines.
The IPPR also proposes a new levy on tobacco companies to cap their profits. Well if it can be done to oil and gas businesses, why has it not been done to tobacco companies?
This time tobacco profits would face a variable levy set by government appointed auditors running the numbers.' |
BRWM also taking off :) (one of my rotations) |
Anyway, I sold out on Monday, happy with my rotation so far especially with the China stimulus news ... luxury goods like Kering (6% divi) are taking off and so is Estée Lauder lol
Will buy back when the risk reward becomes more enticing for me |
The relative performance of IMB and BATS over the last two years is interesting. IMB has won that race. Which seems counter-intuitive really. BATS has the better market share, faster growing non traditional business and yet IMB out-performs it. |
This appalling government wants to cap profits on tobacco companies the way it did with oil companies I read yesterday, trying to find the article ... they want to impose a further sin tax on tobacco the m+therfuc+ers
WORST GOVERNMENT IN MY LIFETIME BY MILES! |
Now ex div we may be a bit shaky leading up to budget, see what Reeves does with taxation if anything on tobacco or vaping tax. |
Must admit bliming good income every 3 months ? |
Yep and the next 3 month countdown starts right now!!
Good luck all 👍🏻 |
58.88p in the isa tax free bag. |
Oscillators (RSI and fast stochastic) come off highs and now making lows (in charts at top of thread) Could be a good setup for another rally sometime after goes ex-div. |
Is it ex div today ? |
lol yes, I research every newspaper on articles about shares I own. This exclusive happens to be in that particular newspaper. |
I would have thought that may not be such a bad thing potentially from what the CEO wants i.e. stop selling to children and putting barriers to entry in place. It might tighten up the competition and BAT would be in prime position to take advantage of that. Don't think they can make regulation on marketing any tighter. It already is i.e not allowed to promote any vapes currently. It depends how far they go with it. I wouldn't be too concerned with the report. |
hit the fast foods hard and save the health of all the young people plus make billions for the exchecker.. |
Monetyhedge you must be a complete moron if you can even read the sun |
Seems Labour going to hit vapes. Nanny state at it again.https://www.thesun.co.uk/health/30643367/smoking-vaping-ban-wes-streeting-health/ |
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