British American Tobacco Share Discussion Threads

[wbecki] 18/12/2018 18:38

Because Juul / Cannabis is the future it seems.

That's why I'd buy Altria over any other tobacco company.

[volsung] 18/12/2018 17:59

Why would you buy into a dying industry?(pun intended)

[wbecki] 18/12/2018 17:20

The problem is BAT's exposure to menthol via their Reynolds acquisition.
Nowt management can really do about that.

Apparently it's

"With Camel and Newport after acquiring Reynolds American, they have an estimated 50% of the US menthol market.

Accounting for Reynolds American's revenue of $12.5 billion in 2016, that represents a potential $6 billion hit in lost revenue for British American Tobacco"

That's some hit to P&L if/when Menthol ban comes into play

[creditcrunchies] 18/12/2018 16:35

The CEO has to go if you look at Imperial tobacco it hasn't crashed like BATS as I've said before the board just sit there ignoring the problem.

[philanderer] 18/12/2018 16:16

And getting cheaper by the minute.

[this_time_its_different] 18/12/2018 14:34

STRONG BUY

[action] 18/12/2018 13:58

waiting for US Open b4 doing anything

[philanderer] 18/12/2018 13:26

Not a sign of a bounce.

[philanderer] 18/12/2018 10:12

18th dec Credit Suisse 'outperform' tp 4010p cut from 5150p

[cryptotrade] 17/12/2018 18:51

What's the dividend yield or potential? At this share price

[unnavailable] 17/12/2018 10:21

Added some more here.

[eeza] 14/12/2018 19:51

Quite.
A defensive stock which isn't defensive.

Goes down when sterling goes up and down more when Sterling goes down.

Directors not entirely to blame. HFT has broken the Market.
Fundamentals mean zilch.

[creditcrunchies] 14/12/2018 18:58

You can't be serious though the share price has crashed -45% the largest collapse in the entire ftse index, pe ratio collapse a forward of 8 a forward divi yield of 8% it's a car crash quite literally he had to go huge funds are invested in BATS if they put pressure on they could sack the entire board

[gutterhead] 14/12/2018 13:57

Great dividend and people will still smoke with growth in emerging markets.
in time it will come back to give capital growth also. aimo.

[wbecki] 14/12/2018 11:26

Any thoughts on this management shake up?

Erasing the role of COO seems a tad harsh. Hints that the person in the hot seat was useless.

I see JPM out with a reiterated "Overweight" weighting, slighty lower TP 4200p(cut from 4400p) - still a chunky premium to current.

[wbecki] 14/12/2018 11:09

I'm tempted Action.
The big question is how long it will take US Authorities to implement this crackdown on menthol cigs. BAT too heavily exposed - mostly through RJR acquisiton right?

[action] 14/12/2018 11:02

Anyone brave here to buy around 2600p?

[philanderer] 14/12/2018 10:31

'British American Tobacco shuffles board for new CEO'

[philanderer] 14/12/2018 09:59

14th dec JP Morgan 'overweight' tp 4200p cut from 4400p

[wbecki] 13/12/2018 17:31

Anyone looking at US tobacco companies rather than BAT(overly exposed to US Anti menthol manoeuvres)

Altria or Philip Morris International.

[waldron] 13/12/2018 15:55

Thursday 13 December 2018 3:42pm
FTSE dividend payments to hit record £94bn next year and yields boosted by market drop
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Callum Keown
Reporter at City A.M. covering markets and exchanges, pharmaceuticals, science, [..] Show more
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Markets Nervous Amid Fears
FTSE 100 dividend payments set to reach record high (Source: Getty)

FTSE 100 dividend payments could hit record highs of £94bn next year while falling markets have increased yields, tempting investors and keeping the index stable amid political uncertainty.

A difficult autumn for the markets with shares falling has seen the forecast dividend yield for the blue chip index rise to 4.9 per cent for 2019, according to AJ Bell.

The investor platform’s analyst Russ Mould said the “tempting̶1; yields would provide support for UK stocks among the “maelstrom of political uncertainty.”

Housebuilder Taylor Wimpey could offer the highest yield of 13.1 per cent, followed by coal and steel miner Evraz - 12.1 per cent - and Persimmon at 11.8 per cent.

Barratt Developments could return yields of 9.6 per cent, as three housebuilders appeared in the top ten of AJ Bell’s analysis.

Mould said: “Such a fat yield looks extremely tempting compared to the Bank of England’s 0.75 per cent base rate for cash and the 1.23 per cent yield on benchmark UK ten-year Gilt.

“The presence of three house builders in the top ten is testimony to the size of their capital return programmes, but it may also hint at investor scepticism that the industry can maintain its current lofty levels of profitability without the benefit of Government assistance, via the Help to Buy and Lifetime ISA schemes.”

But the research raised concerns over Standard Life Aberdeen, whose long streak of dividend increases could end next year and Vodafone, where the shareholder distribution may not grow for the first time in two decades.

More than half of the £93.7bn paid out to shareholders will come from just ten firms, with Shell, HSBC, BP, and British American Tobacco accounting for 34 per cent of forecasted payments.