British American Tobacco Share Discussion Threads

[m_kerr] 23/9/2021 21:54

in the absence of any obvious operational weakening, IMV a lot of this is just negative sentiment. growth expectations have moderated in recent years, and the share price was far too high at £50+ to offer a reasonable return (IIRC at those levels the starting dividend yield was about 3.5%). i think if and when they do a reasonable share buyback programme of a couple of billion a year, it would rerate upwards, as that would enable accelerated dividend growth. if not, who cares, a low share price would enable them to buy back a lot of stock cheaply.

[medieval blacksmith] 23/9/2021 12:13

At bullish times investors and traders see greater value in growth stocks and elsewhere so tobacco will not move so much. The reality is that the stocks they move to have uncertain futures or are over-priced even with a relatively stable world. In an uncertain world tobacco futures are relatively stable apart from the US ATM with FDA interfering. Enjoy the dividend and if it falls buy more and compound your return.

[jondev] 23/9/2021 11:59

All the other shares are going up and these are going down . Can someone please buy some cigarettes already . . .

[car1pet] 23/9/2021 11:34

price getting hammered at the moment. Hopefully day traders having fun

[car1pet] 22/9/2021 19:18

The original deadline was 9th September (I think) and the FDA made decisions on the small players but delayed decisions on Juul and Vuse. No date has been set for decisions on July and vuse

[kipper999] 22/9/2021 16:04

When is this FDA decision carpet?

[kipper999] 22/9/2021 14:55

Roughly 5 trading day's until XD @ c54p
Will we see a rally up to then from today's 2,682
SP was holding at £28 for quite a while but has ebbed off a little.....

[car1pet] 22/9/2021 11:28

Thanks Cassini and Blacksmith

[captaincad] 22/9/2021 11:25

Thanks Cassini.

[medieval blacksmith] 22/9/2021 11:20

The pre-stabilisation notice is a notice to inform investors that a stabilisation mechanism will be executed with respect to the flotation of the BAT - EUR PNC5.25 & PNC8 Dual-Tranche Hybrid bond. I wouldn't worry about the stabilisation it is par for the course on entry of securities.

I'm more concerned about the hybrid security itself and the need for it.

It could be a hedge mechanism. Anyone?

I can't seem to find the size of issuance...

[cassini] 22/9/2021 11:14

I don't believe it's anything to do with the share price. My guess is BATS are issuing some form of security (bond, refinance, whatever) and the notice is standard. Something to do with Euro Medium Term Notes. Look back through the RNSs.

[captaincad] 22/9/2021 11:04

Are Deutsche Bank expecting the price to fall with all the negative press about bribes?

Can anyone clarify what this pre-stablisation notice means?

[car1pet] 22/9/2021 10:57

What is the pre-stablisation notice issued today? What does it mean? Is it important?

[m_kerr] 20/9/2021 22:12

this article is 5 years old but still contains lots of useful info. main point is that BAT are well positioned in lots of markets that will be much more resilient in terms of volumes, and they have plenty of scope to increase profits. that ability to raise prices to offset volume declines now no longer exists in very high tax market like AUS and UK, those markets have been in decline for a while now.

[car1pet] 20/9/2021 11:34

I saw that about Evergrande. As you say it could cause a credit crunch in China. Although I'm sure the party will sort it out. Wouldn't look good if China had a financial crisis.

[redbaron10] 20/9/2021 11:05

I thought 2672p to add to my holding was a good buy,but out of left field Evergrande in China could have a big knock-on for financial markets if its $300bn owing becomes increasingly problematic.I think the opening on Wall St and the trading over there will be a pointer to where markets go now.I'm a LTH so share price fluctuations aren't really a concern,but i like adding at the cheapest prices as all investors do.

[car1pet] 20/9/2021 09:14

Price is tracking the FTSE today. For anyone with spare cash it looks like a bargain today with 53p of divi due 11th November.
The FDA looks as if it may want to set some conditions on Juul and Vuse.

[linton5] 17/9/2021 14:16

Always does been like this for years uk just follows the yanks down not up ⛓

[car1pet] 17/9/2021 14:15

The ADR is dragging the UK price down today $36.83 a few minutes ago.

[redbaron10] 15/9/2021 11:30

Nice 4.2% increase in PM's quarterly dividend.Don't see why IMB and BATS couldn't do the same if they meet year forecast/consensus going into next year's dividends.

[kipper999] 15/9/2021 09:11

Last time Sleepy opened his mouth about cutting nicotine content it knocked £2.50 off the SP

[medieval blacksmith] 15/9/2021 08:50

Keep Biden sweet.

[car1pet] 15/9/2021 08:45

I see this morning there is news that BAT is stopping manufacturing in Belarus to comply with Biden's sanctions against the Belarus dictator. I guess that will have a very small impact on sales revenue

[car1pet] 14/9/2021 22:00

I watched the panorama programme on iplayer tonight. Its old news about bribery back in 2013 which was investigated by the SFO and no action was taken. The BBC must have a vendetta against BAT. The behaviour wasn't great - seemed over zealous in the way they attacked the competition. The BBC must feel that with the FDA looking into e cigs it was a timely opportunity to rehash old news.
Can't see it will do lasting damage to the share price