Resistance at £30 from Sept. |
That's interesting - was looking at WBA yesterday. share price has been hammered over last few years |
Bit of a dip this morning…has Monty sold out :) |
Mostly holding US equities now, with lots of cash to deploy in the future. This country is heading towards a nasty recession I believe, which is of course good for defensives like tobacco, my defensive is WBA in the US, 11% dividend and an share price that is way too cheap. |
I'm out. It's been a good run. Good luck to holders!
I'm raising cash, I will revisit if it dips enough in the future. |
Yeah we're looking for some Elon Musk SpaceX booster rockets for the share price some time next week |
1st close over 3000 pence since March 2023 on the way down, nice to see a return on the way up too.. :o)
Still no date for the FY pre-close, but it will not be long.. |
4.7m shares traded |
Cheers guys I’m going to hold for results and then probably the 58.8p on the 19th December. Stocks normally do well on run up to Christmas trader bonuses etc.
Cheers |
I have an initial target of circa 3,200p as well.
Since you are uncertain, you could just sell a part of your position? Let the rest run either up or down from here... |
I am holding,If results are good next week, and the Shares rise further to say 3200p. You will be gutted. Also think BATS will be 3500p.next year. |
I’m up about 12.5% in a month on a good slug of shares tempted to take profits…anyone have a view? |
True indeed but with Mr Trump at the helm I feel the risks have receded and I think both investors and companies-have realised go woke go broke |
Of course, but political decisions such as this can sometimes encourage other countries to follow. |
You must understand that the U K is pretty irrelevant to the earnings of tobacco shares |
Give it time !! |
There we go through 3000p, next resistance hopefully 3200p. |
Hopefully. With the news last night that the new UK tobacco bill is garnering support, I was expecting this and IMB my other holding to fall back slightly. They are both up instead. Been in markets 30 years - still don’t understand them. |
Boom 3000 will it hold ???:-) |
#Redbaron10, pretty much flat on the 5 year chart, but zooming out to the 10/15 makes for much better viewing on where it could head towards IF we demonstrate growth in NGP as expected following PM/MO/IMB then further share price gains could follow, along with duties, regulation and restrictions could offset Chinese imports taking away market share in 25/26 leaving a bigger space for BATS ..?
2023 NGP revenues GBP3.35BN 2024 tbc 2025 NGP revenue ambition of GBP5BN
3000 pence would be nice to break this week..? |
I suspect some traders will be taking a profit at this resistance point. I cannot be bothered to second guess so holding firm. Xd shortly. 3000 is a steal. |
BAT down 2.5% in the last five years.......IMB up 52%.Either the IMB share price was bombed out under Cooper's leadership with the divi being slashed by a third, or the BAT share price has become bombed out by the Reynold's acquisition writedown and the debt burden is regarded to be too high for the markets.I know they are different companies but at the end of the day they both mass market nicotine products.For comparison PM is up 58% over five years and MO up 14%.So there is definitely an underperformance in BAT's share price for whatever reason.Hopefully the upcoming market update can reduce this under performance in the share price |
BATS knocking on the door of 3000 and IMB doing the same at 2500
Who will be the first to break and hold?? What a sector to be in right now!!
Good luck all 👍🏻 |
#Anhar, thanks, shares need to be held 18th, XD 19th.. |