British American Tobacco Share Discussion Threads

[polaris] 02/8/2020 14:39

Total borrowings are over £50 Bn, whereas net debt is a little over £44 Bn. Both are on the first page of the half-year results. Net debt reduction in period is a little under 3 % cf. last year.

[scepticalinvestor] 02/8/2020 13:44

Utter rubbishfoolish little man.best,SI

[unluckyinvester] 02/8/2020 13:23

zicopele £50 bn debt where did you see this

[zicopele] 01/8/2020 21:25

£50bn debt...no wonder this is tanking

[salpara111] 01/8/2020 12:32

I had this on my watchlist waiting for the results and was about to push the buy button on Friday morning as it appeared that the market was liking the results. I had a dental appointment late morning and never got round to buying, I am still mystified as to the collapse in the afternoon.
I have now set a limit order for 2400, the divi looks sustainable so at some point it must rally......surely?

[1viky] 01/8/2020 06:01

Maybe Market getting close to testing March lows due to potential 2 wave?

[buywell3] 31/7/2020 20:51

buywell3 - 20 Jul 2020 - 07:38:29 - 3712 of 3757 British American Tobacco -

BATS

2400p retest anyone ??

[zicopele] 31/7/2020 19:44

This is not about ethics. BATS sells itself as a defensive company because of its exposure to growth markets. Those markets have let them down badly.

The debt levels are excessive too.

[1sjh] 31/7/2020 19:27

Decent results shares smashed.. given up trying to make sense of the markets these days

[ygor705] 31/7/2020 19:12

Results look reasonable to me and difficult to see why investors would want to give up a reliable income stream at the moment when so many other managements have turned flaky and deferred dividends for no good reason. When the going gets tough cash is always king.......somebody will notice the yield and buy. Ethics go out of the window if you can't afford to have them.

[scepticalinvestor] 31/7/2020 17:36

If there is not a substantial bounce (almost certainly will be) on Monday then yes, this will inevitably hit those levels

[zicopele] 31/7/2020 17:33

It probably will. Their growth markets have proved themselves not to grow.

Reduce dividend and pay down debt.

[philanderer] 31/7/2020 16:01

Looks like 2400p n the chart will have to be tested.

[zicopele] 31/7/2020 15:59

There must be a dividend cut coming. Debt has exploded over the last decade.

[scepticalinvestor] 31/7/2020 15:45

well that was well timed!!

[scepticalinvestor] 31/7/2020 15:11

well i have bought in on the weakness - 15k worth at 2587gla

[hernando2] 31/7/2020 15:00

According to yahoo finance II’s own 53% of the shares, if say half of them want to exit Tobacco over the next couple of years it doesn’t look great.

[minerve 2] 31/7/2020 14:14

Don't complain folks. If the business is doing good you can build your position for less cost with a falling share price and your returns get better.

Basically other opportunities attract investors ATM because they see them as cheap. They are cheap for a reason and amongst the delayed, cancelled and reduced dividends, the dilution via rights issues and increased debt it is going to be quite a long time before investors in the recovery stocks see previous levels of shareholder returns. Once they get those returns, if they do, they will then have to sell to reap the capital gain and then look around for another stock.

Meanwhile you can take 7%-10% a year dividend in the four US/UK main tobacco stocks buying in and recycling/compounding your returns at below intrinsic value.

The revenue pool for tobacco is actually predicted to grow over the next decade and which governments are going to really kill their cash generating cow of treasury revenue when they are more indebted than they have ever been? Are Amazon and Apple going to fill the gap? I don't think so.

[scepticalinvestor] 31/7/2020 14:06

insane dropthis market is bonkers!!

[lammergeier] 31/7/2020 11:28

The HEDGE FUNDS AND SHORTING BRIGADE are ontrolling the short term movemnts of shares

In the end actual performance and results in the long term will determine the share price

Twenty years ago these results would have greatly pleased the markets and the shares

would be well up.

It would be nice to know how many of the younger people buy any shares for the long

term or do they just gamble on shorting,margin bets and cfds

Its just a Casino now controlled by automatic mostly short selling machines.

[geckotheglorious] 31/7/2020 08:41

Going to nibble again here myself..

:)

[2vdm] 31/7/2020 07:59

I hope so, as I will be selling other stocks and buying BATS for the LT.

[unastubbs] 31/7/2020 07:31

yes, very good results. so obviously the share price will go down another quid.

[paulisi] 31/7/2020 07:18

Decent set of results