British American Tobacco Share Discussion Threads

[creditcrunchies] 20/4/2021 15:38

probably worth buying some at £25 again though

[spoole5] 20/4/2021 15:33

Bigger next generation mix?

[csalvage] 20/4/2021 15:16

Why is Philip Morris up in the states .

[minerve 2] 20/4/2021 13:29

The lawsuits were effectively realised in part by big tobacco coming to an agreement with US 46 states in the Tobacco Master Settlement Agreement:



Receipts by the states

States were to receive over $206 billion over 25 years:

Up-front payments – $12.742 billion.
Annual Payments, beginning April 15, 2000 – $183.177 billion estimated through 2025. 9 billion per year from 2018 into perpetuity.[19]
Strategic Contribution Fund, 2008–2017 – $8.61 billion.
National Foundation ($250 million over 10 years).
Public Education Fund (at least $1.45 billion 2000–2003).
State Enforcement Fund ($50 million, one-time payment).
National Association of Attorneys General ($1.5 billion over next 10 years).

[spoole5] 20/4/2021 13:09

I remember 20 years ago when i first bought BATS the multi billion lawsuit threats that were never realised. It goes with the territory and is why they are on such a low pe. You get compensated with a nice fat chunky yield.

[djderry] 20/4/2021 13:05

Without personalising it,that's got to be the silliest comment ever.And I've seen some silly comments.His predecessor,a populist goon who caused untold misery certainly is higher up on that list.As Ben Graham might have said,you don't know your arm from your elbow.
But I digress.
The news here is,for now,mere noise.
However,as an investor who does due diligence,it will be anticipated within one of the many risks associated with owning tobacco stocks,which,of course is the very real regulatory risk associated with same.
Instead of falling into the all too human trap of accepting one's first notions as steadfast beliefs and then spending all one's time trying to defend them,it's much better to look upon 'beleifs' as bets about the future.Which,ideally,should be expressed in per cent age terms,ie,I'm 37% certain,etc.That way,you don't become hostage to initial due diligence.
All just my tuppence worth,about which I'm 64% certain!

[topazfrenzy] 20/4/2021 11:00

Already shaping up to becoming the worst president in the history of the USA

[philanderer] 20/4/2021 10:57

Altria told CNBC: "Any action that the FDA takes must be based on science and evidence, and must consider the real-world consequences of such actions, including the growth of an illicit market and the impact of hundreds of thousands of jobs from the farm to local stores across the country."

Sharecast

[topazfrenzy] 20/4/2021 10:41

Biden needs a cigarette or two to get rid of his ever-increasing dementia, he really is one pathetic leader

[philanderer] 20/4/2021 10:31

True enough spoole. Take down to 2500p ?

[spoole5] 20/4/2021 10:29

Always been uncertainty with tobacco stocks

[philanderer] 20/4/2021 10:07

Uncertainty ain't good.

[spoole5] 20/4/2021 10:01

Key word is considers

[simba_] 20/4/2021 08:45

Guns don't kill people in the same way that nuclear bombs don't kill people.
.
I'LL USE MY NUCLEAR BOMB SAFELY!!

[kibes] 20/4/2021 08:37

Levels of nicotine in cigarettes to be reduced? Which means people will have to smoke more to get the same effect surely?

[2vdm] 20/4/2021 08:35

Guns don't kill people. The US police alone shot and killed over 1200 people last year alone and that's a small percentage of those killed by crime!

[soleman1] 20/4/2021 08:26

Yeah but guns dont kill people, higher levels of nicotine do!

[charlie9038] 20/4/2021 08:23

Should the yanks sort out their gun policy rather than nicotene!
Time to top up

[podgyted] 20/4/2021 01:44

Just when you think its safe to go outside.

[philanderer] 20/4/2021 00:39

That USA close equivalent is around 2800p for BATS in London

[geckotheglorious] 19/4/2021 20:07

Daniel is another Remoaner dullard clearly....