British American Tobacco Share Discussion Threads

[scobak] 07/8/2020 11:32

A win will not solve much immediately. There then follows a whole host of appeals.

[scepticalinvestor] 07/8/2020 10:00

i am waiting tho for lower

[scepticalinvestor] 07/8/2020 10:00

first resistance likely at 2470p so could be a good quick trade

[laptop15] 07/8/2020 09:58

What happens if it loses the court case? Guess a win will reflect positively but how will a loss effect it? I'm getting tempted to buy soon but the drop seems relentlessly at present

[laptop15] 07/8/2020 09:56

Rollercoaster drop

[scepticalinvestor] 07/8/2020 09:43

so there it is - back to the 24'sbloody insane have a 50k GBP buy order at 2350 - lets see where this goes...

[zicopele] 07/8/2020 09:05

Debt levels which were traditionally conservative have ballooned as BATS followed a well travelled route of expansion in USA.

It is downhill from here. BATS could go the same way as IMB.

[gary1966] 07/8/2020 08:18

kiwi2007,

And why do I care about PM when I own shares in BATS who came out with their own very good half year results on 31/7? Maybe transfer from PM to BATS products as BATS reported strong trading in the US.

[kiwi2007] 07/8/2020 00:24

...During the quarter under review, revenues from combustible products were down 19.1% to $5,045 million due to declines in all regions...Cigarette shipment volumes fell 17.6% to 151.4 billion units in the quarter,...Phillip Morris

Excuse the pun but this really is a dying market...worse than I thought... seems lots more people either stopping or going the illegal route.... I hold but not looking to top up at the moment.

[scepticalinvestor] 06/8/2020 20:35

but it is also very much in a neg trend atm

[scepticalinvestor] 06/8/2020 20:31

definitely imo

[unluckyinvester] 06/8/2020 19:49

Is the South African court case dragging the price down.?

[scepticalinvestor] 06/8/2020 18:22

next resistance after 2520 is about 2470 I reckon.bestSI

[scepticalinvestor] 06/8/2020 16:19

good luck boysthankfully only a slight loss from buying in at 2572see you again soon.

[laptop15] 06/8/2020 16:11

Looking at 2400 ish myself

[scepticalinvestor] 06/8/2020 16:05

i meant if it closes below 2520

[scepticalinvestor] 06/8/2020 15:55

imo if it falls through 2520, then 2400 will be almost certain.will be buying back at that stage.

[stepone68] 06/8/2020 15:53

don't you mean 'buying more' ?

[scepticalinvestor] 06/8/2020 15:51

if it drops below 2520 i am dumping all.

[scepticalinvestor] 06/8/2020 15:50

possibly the sa court case?

[laptop15] 06/8/2020 15:29

TR1...seller explains the drop in sp

[scepticalinvestor] 06/8/2020 13:36

should bounce now - us nfp numbers better than expected

[scepticalinvestor] 06/8/2020 12:50

ok looks like 2400 is backinsane