British American Tobacco Share Discussion Threads

[p0pper] 15/11/2019 14:56

BATS and IMB getting hammered again today. Must be some bad news somewhere?

[andrewbaker] 15/11/2019 14:01

and if the BATS share price drops under £28, I'll buy more, even though I am so heavily stacked up on them already.

[redbaron10] 15/11/2019 10:01

Life's a gamble.Investing is a gamble.If the IMB share price drops 200p then i will buy more.

[eeza] 15/11/2019 09:54

You may have been better waiting for them to go XD next Thurs for 72p.
Last year they were marked down almost 200pts.

[redbaron10] 15/11/2019 09:33

AndrewBaker we are certainly looking at tobacco stocks with poor investor sentiment towards them and some vaping bad news from the US already priced in.Who knows with these markets these days,private investors aren't exactly on a level playing field with the big money.I've bitten the bullet with released funds to get IMB at 1750p.With 144p in dividends in the next thirteen weeks i want some of that.

[andrewbaker] 15/11/2019 09:15

Another issue, that may explain the current fall back: Woodford spent £145m in August on FTSE100 income shares, including BATS. Now his funds are being liquidated, that could explain price drops on a share that is surely worth more. Even more reason to step in when it does fall: the reason is not due to poor prospects for the company, but a sellers need to raise cash.

[andrewbaker] 14/11/2019 09:55

Because BATS is being sold a lot on ethical rather than valuation grounds, you can make a 20% return at least once a year by buying at the bottom (say £25 to £26 at the mo) and selling when it gets to £30+: wait until the next drop back, and repeat. Sure beats returns on cash deposits. And little risk, particularly as the dividends over the period will enhance the return plus cover some capital loss risk in the shorter term.

[redbaron10] 12/11/2019 20:19

H1 results on 1/8 reported that BAT was on course for a good year.Closing trade statement due 27/11 so still another fortnight for share price to go higher.... hopefully.

[sg31] 12/11/2019 15:30

Trump probably wants them to investigate the Bidens.

[crossing_the_rubicon] 12/11/2019 11:15

Trump to meet with vaping industry as he considers crackdown
U.S. President Donald Trump said on Monday he will be meeting with vaping industry representatives as his administration considers tightening e-cigarette regulations amid a nationwide outbreak of vaping-related
injuries and deaths.

The Trump administration said in September it would develop a ban on the sale of flavored e-cigarettes products in an effort to address rising youth vaping rates, but Trump has faced a backlash from the vaping industry and advocates, who say a ban would eliminate jobs and options for adults who use the products as an alternative to traditional cigarettes.

[skinny] 12/11/2019 09:52

Don't shoot the messenger - .

[crossing_the_rubicon] 10/11/2019 12:57

WHY VAPING CAUSES HARM IN THE US BUT NOT IN THE UK

It pays to legalise but regulate, rather than prohibit
My recent article in the Wall Street Journal about the very different experiences of two countries with respect to electronic cigarettes.

WHY THE U.K. ISN’T HAVING PROBLEMS WITH VAPING

Why the different experience? The CDC says that most cases of illness are linked to vaping products laced with THC oil, an ingredient of cannabis, “particularly those obtained off the street or from other informal sources

[crossing_the_rubicon] 10/11/2019 12:55

Some interesting articles confirming my initial conclusions when this vaping crisis hit...


"From ‘Veronica Mars’ to toxic vapes: The rise and fall of Honey Cut"
More than 2,051 Americans are sick and 39 have died from vaping-associated pulmonary injury (VAPI) this year.

There are many suspects, but the US Centers for Disease Control’s “very strong culprit of concern” is a new cutting agent found in illicit THC vaporizer cartridges across the nation. Tocopheryl-acetate, also known as vitamin E oil, surged in popularity on the street market ahead of the lung injury outbreak last summer.

Industrial chemical manufacturers have sold vitamin E oil for years, but only as an ingredient in hand lotions or gummy vitamins. So who turned tocopheryl-acetate into a wildly popular and potentially deadly vape cartridge additive?

Multiple industry experts point to a mysterious, low-profile Los Angeles company called Honey Cut. By creating a new category of “thickening” vape cartridge additives, Honey Cut became a nationwide phenomenon. Its formula—and copycat products just like it—suddenly turned up last year in illicit THC vape cartridges nationwide.

[redbaron10] 08/11/2019 18:17

Looks like vitamin E acetate is being blamed for the vaping illnesses in the US

[redbaron10] 08/11/2019 08:29

Juul mint vapes getting the boot.

[crossing_the_rubicon] 07/11/2019 19:51

@Sg31

Yep that'd be my expectation as well....as well as to PM's Iqos.

[sg31] 07/11/2019 18:39

Surely banning vaping will just drive people back to tobacco products which is good for BAT.

[stepone68] 07/11/2019 14:46

Hi eent, fair enough, I think I get it now, and I don't disagree with any of what you say, but I don't see how it affects BATS legal position.

[crossing_the_rubicon] 07/11/2019 14:03

China set to ban vaping in public
A week after banning online sales of e-cigarettes, China outlined plans to prohibit vaping in public places to stem a "distinct increase" in activity among teenagers.

The stance would put China squarely with countries that have outlawed e-cigarettes outright, including India, Brazil and Singapore.

Already the world's largest tobacco market, China's e-cig market size rose from $451M in 2016 to $718M in 2018, according to estimates from L.E.K. Consulting.

[eentweedrie] 07/11/2019 13:36

no disrespect but you sit there, probably in your oak panelled study (ivory towers) with your 2 or 3 degrees beautifully framed and mounted (and great grandad's elephant gun hung over the fireplace?) and not really have a clue in practical terms, how ppl in these countries actually exist.It horrid to imagine and it's clearly wrong, but these kids' families themselves are likely the ones forcing them to work - no work = no food = empty stomach. It's as simple as that.

[eentweedrie] 07/11/2019 13:27

Of course you have #hindsight-trading

[2vdm] 07/11/2019 13:15

I agree AB and been adding at lower prices

[andrewbaker] 07/11/2019 10:33

It's moving back up nicely now, as expected. Whatever the ethical arguments, financially it's a good share to buy and hold at these prices, especially with the divi. Low interest rates on deposit help, and also it's a good hedge against sterling falls due to Brexit or other reasons. All in all, I'm happy to continue holding.

[stepone68] 07/11/2019 10:21

Hi eentweedrie. I'm demonstrably not thick. I've got two Masters degrees and an IQ measured well above genius level. However a Sherlock Holmes and Albert Einstein tag team would struggle to find the point you are trying to make based on your posts on this forum. What are you going on about?