British American Tobacco Share Discussion Threads

[panshanger1] 01/4/2020 12:59

CNBC covering it from America this morning Might have legs ?But there's a hell of a race on to get a Con 19 vaccine

[minerve 2] 01/4/2020 12:48

Sounds like an April 1st but I believe it is true.

[minerve 2] 01/4/2020 12:44

British American Tobacco on Wednesday said its US biotech subsidiary Kentucky BioProcessing was using “proprietary, fast-growing tobacco plant technology” in pre-clinical testing on animals, making it one of dozens of companies and public sector organisations worldwide racing to develop a vaccine.

The FTSE 100 group said it had cloned a portion of the virus’s genetic sequence and developed a potential antigen, which induces the production of antibodies and boosts the body’s immune system. The antigen had six weeks ago been injected into tobacco plants to reproduce naturally, and had now been harvested to continue testing

[minerve 2] 01/4/2020 12:43

BAT joins race to develop Covid-19 vaccine

[philanderer] 25/3/2020 12:11

Haven't seen anything to the contrary so I assume BATS is still going xd tomorrow morning.

[stepone68] 24/3/2020 16:02

Go ahead. Educate away.

[minerve 2] 24/3/2020 14:03

Oh dear, someone educate the chimps...

[stepone68] 24/3/2020 13:40

"Obesity in itself is not the killer, it is more the fact that those who are obese have undiagnosed conditions like diabetes and a weak heart."

So... obesity is a killer.

[minerve 2] 24/3/2020 12:11

buywell is just scaremongering and making it all up.

Obesity in itself is not the killer, it is more the fact that those who are obese have undiagnosed conditions like diabetes and a weak heart.

I read an article yesterday that looked at clinical data and generally found no link between smoking and increased chances of death from Covid-19.

The link was posted on here or on the IMB thread.

[peaksntroughs] 24/3/2020 09:00

buywell3 where are the stats/data on that claim? An article in the Telegraph today suggests that 70% of UK ICU admissions are male, 70% are obese, and the average age 63. Where is the data on smoking and ICU/deaths? Pre-existing medical conditions keeps being mentioned, but I haven't seen many articles on causality of smoking and higher risk of coronavirus related death, although the obvious assumption would be that if you are a smoker you are more prone to respiratory complications than non smokers

[peaksntroughs] 24/3/2020 08:55

GBP at 1.16 against the dollar. When Brexit happened the FTSE fell until everyone cottoned onto the fact sterling's fall would be good for companies like BATS who earn the majority of revenue overseas. BATS currently caught up in the coronavirus related falls, but even if revenue falls the currency tailwinds will help. Just as people will not stop buying groceries, people will not stop smoking - for some it is an essential in life. Back in Jan the share price was at £34. This is an excellent entry point.

[minerve 2] 23/3/2020 16:50

Increased my Philip Morris holding again this afternoon.

[minerve 2] 23/3/2020 16:48

P0pper

They are defensive in the sense that it is their economics that remain intact when economies are under strain not in the sense that their share prices are immune from market fear and falls.

:)

Enjoy the dip and top up at very cheap pricing.

[p0pper] 23/3/2020 16:15

Thought this was a defensive, lol :( with the co saying Coronavirus has had no effect so far I am not sure why we are so far down, again,

[crossing_the_rubicon] 20/3/2020 16:48

Tobacco giants seen trading cheap

Cigarette companies could ride out the global pandemic in better shape than consumer goods peers, reason the The Wall Street Journal's Carol Ryan.

Notably, British American Tobacco (BTI -5%) has seen no slowdown in purchases in Italy or France, where specialist tobacconists are among the only few stores that remain open.

Ryan: "Valuations are extremely low: Altria and BAT shares are trading close to earnings multiples last seen in the early 2000s, when investors worried the tobacco industry would be bankrupted by litigation; Imperial Brands is now below its trough multiple back then. Average dividend yields are 10%, and high cash generation suggests that payouts are safe, except at Imperial where a new chief executive is taking over. Cigarette companies didn’t cut their dividends during the financial crisis."

Despite the valuation case, BAT, Imperial Brands (OTCQX:IMBBY), Philip Morris International (PM -6.9%) and Altria (MO -5%) as a group have seen their shares fall more or less in line with the 28% decline in the S&P 500.

[p0pper] 19/3/2020 07:59

Anyone know why Philip Morris was down 12% last night?

[p0pper] 16/3/2020 12:30

Many moons ago, gap to fill at (from memory) £23.50 / £24.00 looks like it's getting there. :(

[crossing_the_rubicon] 16/3/2020 12:20

Precisely what has happened imo as well Cass.
Forced sellers of profitable positions to fund margin calls etc etc.

Who knows really.

The speed of the sell off is being exacerbated by algos/computerised trading..

[cassini] 16/3/2020 12:14

I think everything is getting sold off in this crash. Sometimes good stocks are liquidated to pay for other bad positions. Bit of a disconnect today between IMB and BATS - IMB actually bunted up 7% although it's given up most of that now. Hard to fathom some of the price moves.

[2vdm] 16/3/2020 11:01

Can this really fall much further? BATS is cash generative, profitable and well managed and pays a decent dividend. Perhaps a haven stock during these troubled times? Views appreciated.