British American Tobacco Share Discussion Threads

[medieval blacksmith] 04/10/2021 10:37

What commodity went to zero other than Brexit benefits? I don't see one.

[geckotheglorious] 04/10/2021 10:35

spoole
Post 4866
"Shell dependant on the price of a commodity that went to zero!"


And Tobacco companies are dependent on Smokers not going to Zero, which they clearly are if you look at the trend.(and don't forget Govt regulation changes which occur far more frequently in tobacco ector than oil!)

Horses for courses.

There is ALWAYS A CHANCE

Unlikely at the moment, as I said. But no such thing as no chance.

[andyj] 03/10/2021 13:49

There are plenty of other investments offering 8% yields, CQOS, HFEL, RGL. All have different prospects of capital appreciation, price stability. Therein lies the problem, investors are uninterested in yields that come with capital depreciation. Never assume that yield alone prevents a share from falling further.

[spoole5] 01/10/2021 20:16

Shell dependant on the price of a commodity that went to zero!

[car1pet] 01/10/2021 18:29

BTI is lagging Altria and Philip Morris tonight. Altria and PM are both in positive territory whereas BTI is still down 1.5%. I wold have expected the opposite as the technology IP case went in BATS favour. There is an appeal so maybe the market thinks the appeal will be successful

[geckotheglorious] 01/10/2021 17:41

spoole
Post 4863
"No chance of a divi reduction. Just pocket the income!"

They thought that at Shell - then came the 66% cut!

So no such thing as "No chance"

But the odds are not in favour of a cut, currently.

[spoole5] 01/10/2021 17:23

No chance of a divi reduction. Just pocket the income!

[car1pet] 01/10/2021 16:55

At 16.46 today there was a buy of 77,000 shares at 2598p. Maybe it was a delayed report of a trade this morning

[car1pet] 01/10/2021 16:14

Unless there is some positive news over the weekend it feels to me like it will be down again on Monday towards 2450. If the divi doesn't get reduced there has to be a bounce at some point. 8+ % is an unreal return in today's world.

[csalvage] 01/10/2021 15:35

I just bought another lot at 25.52 so hold for a year 2.12 in dividend happy days.

[kipper999] 01/10/2021 15:28

Damn it!
Looks like it's on it's way to £25 to me.
Having said that i would buy again at that level.....
Plus IMB drifting down to £15....

[professor john koestler] 01/10/2021 15:16

Vaping has much lower margin than FMC, heat-not-burn (THP)and Modern Oral. If it doesn't affect general pool take-up then this move will improve the bottom line, not destroy it.

[car1pet] 01/10/2021 14:42

Are we seeing support at 2550 or is it just a false dawn? BTI is bouncing around 34.92 which equates to 2574. The US looks a bit messy at the moment with Biden unable to get his taxation plans through which doesn't help the market. If the US can stabilize and the energy prices here can stabilize the markets may look better and BATS could benefit

[geckotheglorious] 01/10/2021 13:37

Population of Australia 25.69million

And they're going all in on "Ending Freedom of choice" for 400,000 e-cigarette users.

Loons really are in charge of the asylum in Ozzie

[geckotheglorious] 01/10/2021 13:15

Wow, nannystatedom

"Australian vaping law changes: e-cigarette users now need a doctor’s prescription"


Wont this just encourage people to go back to normal smokes/roll ups???

[kipper999] 01/10/2021 12:35

Have decided to buy some back & got £25.52
Think this is a reasonable price, given the risk. Sold £10k the other day, so erred on the side of caution & got £5k.
Will buy another £5k if the share price drops to £25
My plan will be to hold with a maximum of £15k & sell on the run up to next XD in December....
Good luck all

[car1pet] 01/10/2021 12:16

Barclays have 2477 as the next critical support level after 2566 which is gone.
If it breaks 2477 then 2414 is the next support level. Hopefully we dont see 2414

[philanderer] 01/10/2021 11:41

First of many ?


"Australian vaping law changes: e-cigarette users now need a doctor’s prescription"

[topazfrenzy] 01/10/2021 11:30

Could not resist grabbing some at the 2560 level, silly price as we all know, fair value at £35 all day this share

[kipper999] 01/10/2021 10:34

£25.75....if we get a poor opening in the US at 2:30 then this could well drop further.
Also, IMB (which i hold) may go sub £15
Regarding the yield. If payments remain constant then...
Bats @ 2,580 with an annual dividend of 214p is 8.3%
Imb @ 1,528 with an annual dividend of 138p is 9.1%

These returns will be much valued if inflation, due to price increases, starts to rise.....all in my opinion

[car1pet] 01/10/2021 09:32

According the the Wall Street Journal this morning Puff bar is the most popular (26%) ecig with kids but 11% are using Vuse and this statement was issued by Reynolds.
“Youth usage of Vuse products is unacceptable,and we will continue investigating how youth are accessing our products,”a Reynolds spokes-woman said. "Vuse is intended for adults and remains“an important option for those adult smokers seeking an alternative to cigarettes" she said

It appears the maker of puff bar is unknown which seems hard to believe

[kipper999] 01/10/2021 09:14

£25.86 as i type. IMB down also. That was at £15.90 yesterday morning & is now dropping; currently at £15.27
Still not bought. Maybe at £25.50
Whole market seem to have the jitters

[car1pet] 01/10/2021 08:58

Its falling in line with the FTSE at the moment but it feels as if there is no significant support at the moment. The FDA needs to make a decision about vaping which will take away the uncertainty. Those who sold at 2730ish without the divi did well.
According to Barclays Smartinvestor the tecnical support level is 2566 but who knows. Without some clarity from the FDA it could go anywhere

[philanderer] 01/10/2021 00:49

Yes , and maybe the IQOS appeal ?

Philip Morris said it will appeal the trade commission's "puzzling" decision. An Altria spokesperson told CNBC it's working with Philip Morris on contingency plans, but said the company believes there's no patent infringement.

British American Tobacco, R.J. Reynolds' parent company, unsuccessfully pursued similar legal action against Philip Morris' sale of the IQOS device internationally.

upi.com

[berny3] 30/9/2021 21:14

I think it is related to this report - concern over regulation from FDA on flavoured Vapes and cigarettes.