British American Tobacco Share Discussion Threads

[eentweedrie] 21/10/2019 09:20

crikey, IMB up, what seems to be keeping this down?

[eentweedrie] 19/10/2019 14:57

£ is going to tank. Anticipating a good week ahead for us...

[stepone68] 18/10/2019 13:30

It had a worse fall in the late 90s, from almost £7 down below £3 in 2000. Probably felt like it was in terminal decline then, but even now you would have a ten bagger if you had bought then. Plus many times more in dividends. Maybe this is a similar opportunity, or maybe not, no one really knows. :-)

[andrewbaker] 18/10/2019 12:22

Whilst I feel for those who bought BATS at above £30, even £40 (with my own being mainly from low £20s to upper £30s {though a few were bought at £40+}) and so, whilst capital gain has been reduced of late, the overall return including income, has been rewarding (and ISA and SIPP purchases comprising most has enhanced benefits), I'm still happy to hold and enjoy the continuing returns. When, as will happen, the price ticks back up to around £35 to £40, I may reduce my holding, either to cover plan costs or to re-invest in other securities. As a long term investor, BATS still ticks boxes for me.

[crossing_the_rubicon] 18/10/2019 10:51

Essential,

The problem would seem to rest in the counterfeit blackmarket vapes/liquids THC infused side from what I can see...Whole market segment tarred by counterfeit brush.

[essentialinvestor] 18/10/2019 00:12

graham, given BATS is valued at near £60 billion (even at the current SP)
and has over £40 billion of net debt, there better be oodles of cash flow left!.


This is going to turn in to Vapegate, over 30 deaths in the US.

Would imagine there is a huge range of quality in the Vape devices that
people use, including the liquids.

[redbaron10] 17/10/2019 22:33

Michigan vape shops have been allowed to put flavoured vapes back on sale for now.A judge has overruled the states emergency ban on the flavoured vapes that has been in force for a fortnight.Don't know how or why this has happened,just reporting.Michigan has a population of 10m,so not a small deal.

[redbaron10] 17/10/2019 20:31

Juul stopping the sale of many flavoured vapes before the likely FDA ban coming into force.Vaping deaths standing at 33 according to CNBC today.Philip Morris and Altria share price both up 1.5% at present.I suppose the consensus is that because Juul is seen to be acting responsibly by stopping these flavoured vapes, it will minimise enforcement action from the authorities on the rest of the industry.Or have i read it all wrong in this respect?

[grahamburn] 17/10/2019 19:54

Both companies have invested substantially in vaping products etc, but in spite of this those products only represent tiny percentages of their turnover. It's unlikely that countries outside the US will restrict or ban vaping products (they are already regulated much more tightly than they were in the US), but such products may never gain significant traction. Fortunately - so far as BATS and IMP are concerned - they will still be cash generating businesses for many years to come because even if that market declines it is still a long slow decline.

[eentweedrie] 17/10/2019 19:43

i subscribe to the telegraph, the the times!!what is the gist of the article?

[grahamburn] 17/10/2019 19:35

Thorough discussion of BATS and IMT in a long piece in the Tempus column in The Times.



Well worth a read....

[essentialinvestor] 17/10/2019 18:32

Phil, what an aptly timed partial sale of the Company, eh.
Leaving the founders very rich!.

[philanderer] 17/10/2019 18:28

Juul Suspends Sale of Most of E-Cigarette Flavors in U.S.

[this_time_its_different] 15/10/2019 18:51

sterling strength hammering this, maybe they should go back to the good old days and start handing out free f-a-g-s to kids outside schools.

[deanforester] 14/10/2019 17:42

Oddly, I first bought BATS in February 2010 at 2202p, added some last year and this at higher prices and my IRR to date is 7.9%. Yield of 7.5% is quite satisfactory. Cash flow looks fine.

[sg31] 14/10/2019 17:08

Not many posters on ADVFN have 10year holding periods. Most don't have 10 month holding periods. 10 days more like.

The problem at present is more currency related. £ goes down this goes up, £ goes up this goes down. Difficult to tell what the pound will do with Brexit up in the air and US/China trade war.

I'm a long term investor so it doesn't bother me.

[andrewbaker] 14/10/2019 16:42

I had to buy more today: the price is so stupidly too low!!! Just looking at numbers, not ethical, legal, governmental etc etc ... reasons, tells anyone with a brain that works properly that this share will pay back so much in dividends over a decent holding period that the capital cost itself may almost be ignored (and I said a decent, as in long, holding period) before it sinks to whatever price it may. Put your cash on deposit for, say, 10 years, or buy BATS with it: as long as you don't need to draw down in that period, BATS will win, hands down.

[mac15] 11/10/2019 20:04

High stakes.

[eentweedrie] 11/10/2019 16:38

also got some at 2680easy 5% gain at this lvl imho

[skinny] 11/10/2019 16:00

It's quite interesting on a day of many double digit percentage rises that the FTSE is almost subdued - until you look at the biggest caps - of which 8 of the top 10 are heavily down - due mainly to Sterling - currently 1.148 to the Euro.

RDSB -1.0%
BP -2.0%
AZN -2.1%
GSK -2.6%
DGE -3.1%
BATS -5.4%
ULVR -3.0%
RB - 2.0%

[philanderer] 11/10/2019 15:57

Yes, just the strong GBP causing the drop here and IMB, BP and GSK and any large overseas earner.