British American Tobacco Share Discussion Threads

[spoole5] 17/2/2021 08:07

Market hates free cash flow and rising divis. Better buy an airline!

[topazfrenzy] 17/2/2021 08:06

Just topped up on the dip lol

[topazfrenzy] 17/2/2021 08:05

Great!!

Well done BATS!

[muscletrade] 17/2/2021 08:00

Very heavy data load to sift through but the figures i like the best

Nett cash +8.8%

FCF pre div + 11.9%

FCF post div + 32.7%

Increased div +2.5%

[linton5] 17/2/2021 07:22

Very impressive considering Covid year divi up to,I’m topping up If they Drop the old gal

[redbaron10] 16/2/2021 22:25

Should be a strong set of results tomorrow imho in view of covid and all other things considered.Stronger pound and lack of duty-free sales are negatives but apart from that strong revenues and a small divi hike like PM wouldn't go amiss.GLA

[muscletrade] 16/2/2021 21:09

UBS expectations for Wednesday

For British American Tobacco's 2020 full-year results, UBS's Nik Oliver has penciled-in an organic rate of sales growth of 3.6% with earnings per share ahead by 6.2% at constant exchange rates.

Looking out to 2021 meanwhile, the analysts projected organic topline growth of 6.7% with operating margins set to improve by 74 basis points.

Key to expectations for the latter would be British American's Next Generation Products, which the company believed hit bottom in 2020 in terms of its losses.

As BAT's position in NGP improved, Oliver expected the valuation premium versus Philip Morris to narrow.

BAT shares were changing hands on eight times its estimated earnings per share for 2021, against Philip Morris on 14 times.

As BAT pared its net debt to 2.9 earnings before interest, taxes, depreciation and amortisation, it would announce buybacks of £4bn, growing from 2022, he predicted.

Such a volume of share buiybacks would represent over 6% of the company's market value and take its total shareholder distributions to over 15%.

The valuation gap versus consumer stapes on 23 times their estimated 2021 EPS was also expected to narrow, the analyst added.

"We expect the gap vs staples to further unwind as US regulatory concerns unwind and BAT's superior top line and earnings power becomes clear."

[geckotheglorious] 16/2/2021 17:21

FY results here tomorrow apparently...
Fingers crossed.


The UK corporate calendar on Wednesday has full-year results from cigarette maker British American Tobacco and miner Rio Tinto.
By Lucy Heming; [e-mail]

[crt131] 16/2/2021 11:19

What strong buying? its down nearly 2% at the moment. I hope to top up tomorrow on the usual drop on reasonable results / Div news

[unastubbs] 15/2/2021 11:44

yes indeed topaz, very encouraging, esp given sterling strength

[topazfrenzy] 15/2/2021 08:59

Divi to be increased probably and someone's been told already, strong buying today as we approach results this week

[linton5] 12/2/2021 21:10

I’m not a serious person unastubbs just strange how the market works at times and just putting something out there to see how many silent holders are floating about 🤔

[unastubbs] 12/2/2021 20:49

are we expecting a raise in the dividend on wednesday?

[unastubbs] 12/2/2021 20:16

not a serious question, surely linton?

[linton5] 12/2/2021 13:52

They just keep punishing this stock wonder why they don’t do that with alcohol shares

[daneswooddynamo] 11/2/2021 15:46

Yep fast forward to 2025 and there will be one billion people around the world puffing away

[geckotheglorious] 11/2/2021 15:29

Danes.

Agree. Cheap as chips. Sterling strength is offsetting that but worth a nibble, tuck away and forget imo. Ditto Altria.

#MO, #MoreMoney!

[daneswooddynamo] 11/2/2021 15:25

Cheap as chipolatas imo but sterling strength is not helping the big dollar earners currently to say nothing of esg

[geckotheglorious] 11/2/2021 15:03

Danes,

Encourage "retail" to buy in the mistaken belief that this is uber undervalued whilst bigger players sell into such!

[daneswooddynamo] 11/2/2021 14:45

What is the point of changing your price target by 80p when the absolute target price is 13 quid away from the current price?

[muscletrade] 11/2/2021 12:53

something to make everyone smile

CREDIT SUISSE CUTS BAT PRICE TARGET TO 3,920 (4,000) PENCE - 'OUTPERFORM'

[scorpio51] 11/2/2021 10:59

I would expect a continued trading range of £25 to £30,but where else can you get a nailed-on 8% Divi?

[perplexedinvestor] 10/2/2021 14:27

Full year trading update on the 17th February. Any views on where this is heading? I’m convinced we will get a solid update and the Divi will be kept at the same level for the coming year. Price to rise above £28 towards £29 is my prediction.

[linton5] 10/2/2021 12:33

Not many bargains out there but this one is still available at premium rates,gonna get a start anyway