British American Tobacco Share Discussion Threads

[linton5] 29/10/2021 10:47

Also trying to get funds to get a foothold here crazy price but make hay while you can

[tornado12] 29/10/2021 09:31

I made my first Tranche here today. Focussing on the dividend yield and a safe haven payment during any future downturn in the market. I don’t see major growth in the SP, but the customer base is so big, the company can continue with good profitability for many years ahead. GLA

[car1pet] 29/10/2021 08:25

As I understand the company, BAT doesn't sell any product in the UK,in which case UK usage by the NHS is not relevant. Am I wrong about this?

[18bells] 29/10/2021 08:07

Im surprised the share price is in the red considering the possibility the government are thinking of using vaping with nhs support.

[plastow] 29/10/2021 05:16

https://news.sky.com/story/amp/e-cigarettes-could-be-available-on-nhs-after-medicines-regulator-changes-guidance-12453737

[gemlotte55] 29/10/2021 01:22

Electronic cigarettes could soon be prescribed on the NHS to help people to stop smoking in a world first, the government has announced.

From the Times. Today,, sorry not able to copy whole article

[car1pet] 28/10/2021 11:45

It seems to be a day trading stock at the moment. Price rises then drops and over the day very little change. It needs some postive news to lift the trading range. Apart from diversification into other markets difficult to see what positive news flow on cigarettes at the moment

[redbaron10] 27/10/2021 18:06

UK budget tax rise of inflation rate +2% as per.Rishi looked after the drinkers I see.

[plastow] 27/10/2021 09:25

Should see profits coming out of energy stocks into value stocks

[kipper999] 27/10/2021 08:16

Charlie, £12 is too much these day's really. It all eats into your trading profit (if any...lol)
I find a fiver reasonable......
Been with iWeb 3 years. Ok so far

Good luck

[kipper999] 26/10/2021 16:42

Hi Charlie, CASS is correct, the spread is diddly sqwat.
My broker (iWeb) wants £5 a trade. Stamp is 0.5%.
I sold out before last divi @ 2,731 on the assumption the drop would be more than the 54p.
Seem to recall i worked out at the time that i needed about 15p on a share at this value to cover costs.
Got back in with a third of my £10k @ 2,552. Thought it would drop lower & wanted to keep some capital back. Got that part wrong....lol
But. Any market correction will probably drop these too so may get my chance yet.
Next XD 23 Dec.
Good luck all

[cassini] 26/10/2021 16:29

The spread is diddly, 0.04%.

OK, double that to account for selling then rebuying but it's still << stamp duty.

[charlie9038] 26/10/2021 16:13

kipper you back in this yet?
Does your strategy work with 0.5% tax when buying and the loss in spread on a sell?

[kipper999] 26/10/2021 14:34

Carpet,
yep, sell on the rise up to XD. Worked well for me last few times here.
Also, see IMB. XD on 25 Nov for 48p. Risen recently from low 1,520 to today touching 1,586.
I think buyers will accumilate on the run up so raising the share price further.
I have pencilled in 1,650 as my sell point; higher if possible.
Lock in some profits & hope the drop is more than the 48p

[professor john koestler] 26/10/2021 14:23

Taken from a PMI slide from their Q3 results...


Continued Positive Regulatory Developments Recognizing
Harm Reduction Potential of RRPs

• Switzerland: On October 1st, the Swiss Parliament adopted a new Federal Law on Tobacco
Products and e-cigarettes, foreseen to enter into force by Q1 2023:
⎼ Dedicated product categories for non-combustible products such as HTPs, e-cigarettes and oral tobacco/snus
⎼ Non-combustible products have textual smokeless Health Warnings versus graphic health warnings for
cigarettes

• New Zealand: August publication of regulations for smoke free products, following the passage of
the Smoke-Free Environment (Vaping) Act 2020:
⎼ Recognizing that heated tobacco products are smokeless and have the potential to reduce harm, branded
packaging for HTPs can now be re-introduced with a 30% text warning specific for non-combustible products

• Egypt: Smoke-free products clearly differentiated from combustible cigarettes in both fiscal and
regulatory treatment

We continue to support regulatory and fiscal frameworks which recognize the substantial
risk reduction potential of non-combusted alternatives compared with combusted tobacco

[car1pet] 26/10/2021 14:00

Price seems stuck around range 2590 to 2605. Needs to break out. The December ex div date will see a rise. I may sell if it gets to 2730 in December before ex div date and get back in after it drops back to 2600 as has been the pattern over the last few quarters

[car1pet] 26/10/2021 09:26

Hi Stepone but isn't there a difference in that a shorter, once they have sold stock they don't hold, has a limited period of time to buy and fulfil the sell order whereas an investor can buy and sell anytime. Presumably if a shorter sells stock he/she doesn't have and doesn't buy to fulfil the sell order there must be a penalty to pay

[zorija] 26/10/2021 09:25

Do shorters always buy back ???

[stepone68] 26/10/2021 09:19

Hi carpet. Yes, shorting is simply selling, with a view to buying later at a lower price.

Whereas 'investing', is buying, with a view to selling later at a higher price.

i.e. there is no difference.

[zorija] 26/10/2021 08:59

The market is a balance between buyers and sellers, thus excess sellers will drive the price of the stock down. Simple supply and demand.

One big issue with shorting is that the holder of the stock, when held in a nominee account, is not aware that his stock has been loaned out to short the stock. There should be some form of control to stop this if the stock holder is against this short selling practice...

[car1pet] 26/10/2021 08:49

Stepone68 I'm not knowledgeable on shorting but I thought it did drive prices down as that is the whole purpose of shorting I think. With shorting the seller does not hold the stock but sells with a view to buying later at a lower price to fulfil the order so if the price does not go down there is no point in shorting. I'm sure someone who knows more than me will correct me!!

[stepone68] 26/10/2021 08:35

Shorting doesn't make stocks go down any more than buying makes them go up.