British American Tobacco Share Discussion Threads

[philanderer] 15/11/2018 09:44

And a nice dividend paid into the account this morning 👍

[philanderer] 15/11/2018 09:09

15th nov Deutsche buy tp 4000p cut from 6000p

[essentialinvestor] 14/11/2018 22:42

.."if I was not already a BAT shareholder I would probably not invest
in the company at the moment, regardless of price .."

In fairness it's a detailed article, so perhaps unfair to attempt a very brief
summary, however that was the stand out to me. Others might read it differently.

This is John Kingham from April 2018, just to clarify. Remember he may have
since changed his view.

[berny3] 14/11/2018 22:16

EI I must have read a different article on Seeking Alhpa. I read he thinks it is oversold and has bought and is buying further on any weakness.

[essentialinvestor] 14/11/2018 21:44

M, ah ok, did not realise you were not registered.

In a nutshell - he holds already, but because of their net debt and
given declining cigarette volumes, he would neither add, nor buy if he did
not already hold, at any price. I was surprised by the ..at any price comment.

[gutterhead] 14/11/2018 21:20

Everything is down stateside, not just BAT. It’s actually faired better today than most.

[minerve] 14/11/2018 21:10

Essential

I tried reading the Seeking Alpha article but it locked me out requiring my details which I am a bit reluctant to give.

What was the gist of the article?

[philanderer] 14/11/2018 20:59

Down again stateside closing at 2800p

[philanderer] 14/11/2018 20:47

'British American Tobacco Wildly Oversold, The Time To Buy Is Now'

[muffinhead] 14/11/2018 19:09

A banner year for this goliath of the FTSE100
Classic example of take the stairs up and elevator down


free stock charts from uk.advfn.com

[essentialinvestor] 14/11/2018 16:47

No one buying IMB?.

[gutterhead] 14/11/2018 16:35

dow killed it today so far, same as most other stocks

[creditcrunchies] 14/11/2018 16:15

BATS divi payment next week most reinvest so could get a bounce there

[philanderer] 14/11/2018 14:56

Leaked friday , still nothing from the FDA five days later , very poor.

[this_time_its_different] 14/11/2018 14:27

Divi does look tempting, but this could easily fall further if the FDA are hell bent on killing the tobacco industry. I say it's a strong buy if the FDA is bluffing, if they are not, then this is no way near the bottom. Good to see JUUL given the boot, should give Big Tobacco some time to get things together again.
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[this_time_its_different] 14/11/2018 14:24

cascudi, you can invent news, but then the FCA puts you in jail, so there is no profit in that.

[steeplejack] 14/11/2018 12:50

"Is it possible that market maker invent news to get shares at lower price?"What a awful suggestion!I'm deeply shocked.Thereagain,they do like rumourmongering.Marketmakers thrive on volatility.

[essentialinvestor] 14/11/2018 11:05

It's an electronic order book.

[cascudi] 14/11/2018 10:59

Is it possible that market maker invent news to get shares at lower price?

[creditcrunchies] 14/11/2018 10:55

The consumers are addicts at the end of the day they won't stop because they can't get menthol the only downer is a slowly shrinking market so BATS need new income flow eventually but they generate enormous profits with divis fully covered currently nearly 7%

[lurker] 14/11/2018 10:48

Mind you...a drop from £35 to £28 on the basis of a unproven WSJ report that even if true would simply mean menthol users switching to other ciggies in 2 - 6 years time IF the ban actually happened did seem a tad overdone!

[lurker] 14/11/2018 10:43

As I loaded up yesterday...I would be Ok with £30 please

[this_time_its_different] 14/11/2018 10:35

Probably going to get a short squeeze now, could easily get back to £35

[muffinhead] 14/11/2018 10:10

ttid
got to nip the competition in the bud
Sainsburys should know better
Small independent outlets need a regulatory kicking also