British American Tobacco Share Discussion Threads

[minerve] 04/1/2019 15:06

Hi Essential

Did you receive my PM?

[essentialinvestor] 04/1/2019 15:03

Phil, rate rise cycle ending statesside, may be.

[philanderer] 04/1/2019 15:01

Even the yanks are buying in today ;-)

[thanksamillion] 04/1/2019 11:54

Patience needed.

[micha14] 03/1/2019 22:34

Have you thought about tax revenues the USA gets from Menthol? There will be accountants among the politicians too when the issue is on the desk

[wbecki] 03/1/2019 22:05

So is breathing Volsung!

They'll be taxing us to do that at some point I am sure.

Cannabis the future though! :)

[volsung] 03/1/2019 21:59

Smoking is SO 20th century

[wbecki] 03/1/2019 21:39

"I d like to hear one good solid argument on why BAT is not a doubler? thanks"


1)BAT exposure to Menthol in US
"With Camel and Newport after acquiring Reynolds American, they have an estimated 50% of the US menthol market"

50% of US Menthol market. Newport most popular menthol brand.

2)Impact of vaping and FDA moves viz restriction on flavours available

Too much uncertainty over speed with which these mooted FDA "changes"
will come into existence.

Personally think BAT oversold BUT not expecting it to double any time soon whilst the above two issues hang over it.

Concur with this comment

"Even if the FDA does bring into force a menthol ban, we think the effects of such a development are already more than priced in. Our analysis shows that the market reaction is proportionate to an unlikely outcome whereby all industry menthol volume is lost immediately after prohibition. We expect a less extreme outcome, with some volume decline but some volume migration to non-menthol variants within brand families"

[thanksamillion] 03/1/2019 20:54

Maybe BATS not so bad after all, Apple looking like it could do worse. Glad I am in Gold.

[micha14] 03/1/2019 18:46

BAT already owned 41 pc of Reynolds for many years, and bought the other 59pc in summer 2017, after which the share price soared upwards. I d like to hear one good solid argument on why BAT is not a doubler? thanks

[wbecki] 03/1/2019 13:30

Prefer Altria myself. BATS Reynolds acquisition could prove to be a costly mistake and MO isnt as exposed to menthol.

But then it's just blown $12.6bn on JUUL(Also subject to FDA concern) and some cash for a Cronos cannabis stake.

[thanksamillion] 03/1/2019 09:29

Still wouldn't touch it with a bargepole - yet.

[philanderer] 02/1/2019 09:26

Morning ttid, I think you're right 👍🏼

[this_time_its_different] 02/1/2019 09:09

keep collecting that divi phil, the stock will turn sooner rather than later now.

[philanderer] 02/1/2019 08:47

Sh1te start to 2019. Capital continuing to be eroded. 😜

[karateboy] 01/1/2019 10:25

Dividend per share during last 3 years including any additional interim payments:
2016: 155.9p
2017: 218.2p
2018: 238.2p
2019: ??

[berkshires thataway] 31/12/2018 20:43

In my experience, a recommendation from Questor is generally the kiss of death for a share, so maybe that explains the fall today!

[volsung] 31/12/2018 17:10

I’d say £14 is more likely

[this_time_its_different] 31/12/2018 16:51

Tobacco I feel is positioned for a strong run, BATS may very well finish 2019 at £45.

[this_time_its_different] 31/12/2018 16:21

Happy New Year, as ben graham once said, in times of despair, "this too shall pass". I sense a strong run for equities after Q1 earnings. We have gone through enough c-r-a-p in 2018.

[this_time_its_different] 31/12/2018 16:19

2018 was a dog of a year, crash in January, crash in October. First real bear market since 2011. Tobacco got hammered, pound got hammered, let's forget 2018 and bring on 2019. 2018 will go down in my book with the likes of 2008 and 2011, useless years to be invested.