British American Tobacco Share Discussion Threads

[saltaire111] 10/12/2021 09:15

Governments always underestimate the will of the people to make their own choices. If people choose to smoke, that’s up to them. And they will continue to do it because they enjoy it and they decide for themselves.

[redbaron10] 10/12/2021 08:57

Inching higher. 52-week high of 2961p must be the near term target from here.US inflation numbers today could give this a nudge higher still.

[car1pet] 09/12/2021 15:22

Deutsche new target price is £40.
JP Morgan has a more modest target price of £31

[geckotheglorious] 09/12/2021 14:12

"Tobacco majors are expected to see little impact from New Zealand tobacco ban on young people"

Citi says British American Tobacco (NYSE:BTI) and Philip Morris International (NYSE:PM) are in the best positions to defend their cash flows after New Zealand took a hard line on tobacco by increasing the legal smoking age as part of an initiative to make the country entirely smoke-free by 2025.

The firm notes that BAT is the clear market leader in New Zealand with a 67% share of volume followed by Imperial Brands (OTCQX:IMBBY) with a 21% share. However, New Zealand is noted to account for less than 1% of BAT's EBIT and about 1% to 2% for Imperial Brands.

Also, cigarette sales in New Zealand have been in decline over the last five years anyway.
Both BTI and PM are slightly higher in premarket trading, while Imperial Brands is flat in London trading.

[linton5] 09/12/2021 11:32

Technically broken above long downward wedge if stays above 27 (🥲lost my bottle yday

[car1pet] 09/12/2021 11:03

Sturgeon will probably add it to her agenda. It wouldn't go down well in Scotland that's for sure

[topazfrenzy] 09/12/2021 10:22

Everyone will have a Vuse one day, the way we have mobile phones lol

[topazfrenzy] 09/12/2021 10:21

The market seems to have woken up finally to the road ahead, that it is with the non-combustibles, it can now see the crossover is very much in motion, and that a much larger market than smoking in the making in the long term possibly..

since vaping has been proven in studies to be 95% less harmful than conventional cigarettes, and heated cigarettes 70% less harmful

[topazfrenzy] 09/12/2021 10:16

Vuse is such a great product, anyone still smoking should give it a go, I love it!

[topazfrenzy] 09/12/2021 10:14

Vaping is very much still there and will replace smoking anyway, more people will end up vaping in the world than there are smokers today since it is not anywhere near as harmful as burning tobacco:

'Smoking has already been widely replaced by vaping among teenage New Zealanders, and is also attracting many young people who would never have taken up smoking – according to surveying of 19,000 high school students this year, nearly 20% were vaping daily or several times a day, the majority with high nicotine doses. That’s compared to 3% of those aged 15-17 who smoked daily in 2018, or 13% who smoked a decade earlier.'

[scooo] 09/12/2021 09:55

New Zealand’s clampdown risks strengthening the growing black market. This danger will be mitigated by maintaining the availability of safer vaping alternatives, where BAT is global leader. The recent U.S. regulatory approval for Vuse seems to establish vaping as the preferred direction of travel for regulatory bodies.

[kiwi2007] 09/12/2021 09:27

Little to do with ethnicity and more to do with lower socio-economic status IMO. Just happens that most Maori and Pacifica are in that group.

Anyway, this draconian ban is what happens when you have a hard left wing government with total control in parliament supported by a left leaning media and of course, the greenies and the Universities.

[gateside] 09/12/2021 05:18

New Zealand to ban smoking for future generationshTTps://www.bbc.co.uk/news/world-asia-59589775

[linton5] 08/12/2021 15:43

Yes definetly feel a change in the wind I’ve took some of the table not wanting to lose a lovely profit GL

[topazfrenzy] 08/12/2021 15:40

Yes you said, I'll buy that if it goes there

I think we're heading higher however, there seems to be demand for this once again

[linton5] 08/12/2021 15:38

Gap at 2583 still bugging me topaz you know the drill 🤔

[topazfrenzy] 08/12/2021 15:28

So many AT buys going through, the big boys are accumulating by the looks of it

[topazfrenzy] 08/12/2021 15:26

Grabbed a few more on the mini dip :)

[scooo] 08/12/2021 13:22

ESG dumping may have depressed the share price for the last three years but this drag will surely abate as they increasingly become a smaller segment of the share register. If this subsiding headwind coincides with the introduction of a company share buyback program, the 2022 share price outlook could be bright.

[philanderer] 08/12/2021 09:52

UBS RAISES BRITISH AMERICAN TOBACCO PRICE TARGET TO 3,700 (3,500) PENCE - 'BUY'

[tornado12] 08/12/2021 07:36

I agree MT was a good update and bodes well for maintaining divi for medium term. Is clear this company is shunned by future health ethics , but I’m afraid people and life stresses will always maintain the market . Flat share price but with the whopping 8% even I have moved in based on investment logic. There could be risks ahead with government legislation which I see as the major risk , but BATS are completely global footprint and will adapt. Reduction in their debt pile is also a positive step to give them future agility. Will add more !