British American Tobacco Share Discussion Threads

[rogerramjett] 15/1/2022 07:58

Potential to see a nice dividend increase I would expect. Usually around 2%. Great to see these types of investments doing well. The UK market seems to offer much value over US. Perhaps a long awaited switch.

[philanderer] 14/1/2022 15:48

Best since july 2020.

[muscletrade] 14/1/2022 15:09

11% and change in 10days trading. Rotation to value and reversion to the mean going strong at expense of tech/growth. At current rate of change 33+ by end of jan... hard to sustain of course.... unless it was on the downside :)

[car1pet] 14/1/2022 15:05

Unbelievable price growth. It just keeps going up. Long may it continue

[18bells] 14/1/2022 13:27

New high since July 2020

[redbaron10] 14/1/2022 11:39

There are different ways to make money.Those who sold pre dividend dates and for four years with share price decline here that strategy in that market worked then.There were few buyers of BATS so it was a pretty reliable punt in hindsight.And fair play to those with that strategy.This is a different market now with inflation rising and investors seeking the yield via a dividend and want to hold this stock.This is where LTH or longish term holders make their gains and money.Timing markets is never easy.We just happen to have some tailwind at the moment for the share price here.Who knows how long that will continue.Mr Market will no doubt have a say in that!!

[topazfrenzy] 14/1/2022 10:26

NO brainer!

"First, BAT will start repurchasing shares soon - we think BAT could repurchase circa £10bn in shares by FY25 (c15% of market cap) and still see net debt/EBITDA decline from c3x in FY21 to c2x by FY25.

"Second, BAT will now start breaking out NGP (next generation product) contribution losses; we think these are c$1bn today."

Barclays noted that BAT has guided for NGP to break even by FY25.

"As NGP losses reduce and share repurchases step up, BAT's earnings per share growth should accelerate from 6% in FY20/21 to 9% in FY22/23E, and 10%+ beyond FY24E," it said.

Barclays said that at 8% dividend yield and 7.5x 2022E price-to-earnings, the stock is cheap.

[topazfrenzy] 14/1/2022 08:53

Maybe we'll see £32 before the next divi date?

[topazfrenzy] 14/1/2022 08:53

They want this! They want these shares now!

the algos have been switched on to buy .. this will keep creeping up slowly until they've had their fill ... the rotation is in full motion by the looks of it

[car1pet] 13/1/2022 18:16

ADR still rising now 41.63 which equates to 3035p

[redbaron10] 13/1/2022 17:35

Lean four years more like,discounting the dividend of course.

[ohojim] 13/1/2022 17:31

Well done Bat people. You deserve it after a lean year.

[redbaron10] 13/1/2022 17:26

The scramble for yield and good,high dividend paying stocks carries on apace.Commodity,mining stocks up big yesterday.Direct Line and other consistent divi payers up today.The ftse has quite a few undervalued value stocks so that market could continue doing well for a while yet.Let's hope so anyway.

[car1pet] 13/1/2022 16:55

The US ADR is now 41.35 which equates to 3011p. Lets see where it ends

[car1pet] 13/1/2022 09:55

Pre-market, the US ADR price is up .5%

[topazfrenzy] 13/1/2022 09:08

Delicious!

[gateside] 13/1/2022 08:02

BATS at a 52 week high!

[redbaron10] 12/1/2022 21:23

Up again......

[sg31] 12/1/2022 13:52

Duplicate.

[sg31] 12/1/2022 13:35

I know about 2008, I was there. I got creamed but made out like a bandit on the rise. I didn't really feel 2012 too much but then again I was defensive again by then.

I'm no expert I missed a lot of the upside after that one.

As someone who is now retired I have a generally defensive stance, I'm happy to miss some gains to protect the downside. It colours my thinking. If I was younger I might be more aggressive.

[redbaron10] 12/1/2022 11:44

sg31 we did have a big crash in 2008 and 2020 at the start of the pandemic but I do get your point of another potential crash or an extended bear market.

[redbaron10] 12/1/2022 11:32

I agree an interest rate rise might have an impact on consumer spending over time and possibly dampen some demand on the demand side of the equation,but what about commodity prices and the surge in wage increases to offset inflation on one's spending power? The supply side is still constrained and bizarely we have second hand car prices increasing? A second hand car is seen as an appreciating asset.How crazy is that? Over time you are right but central banks have to act more quickly than a 1% interest rate rise in a year.But doing more than that will really hurt the economy.The FED and the BoE are in a big hole now IMHO.

[sg31] 12/1/2022 10:28

Interest rate hikes will have an impact. Most homeowners are maxed out on low rate mortgages. If your mortgage rate is very low but the amount borrowed is very high any rise is likely to hurt.

Fixed rates reduce the pain for a while but a 1% rise will cause quite a bit of pain. Rates have been very low for far too long and people have got used to it. I've spoken to people who thought higher rates were impossible.

If high rates cause house prices to stall or even fall it will have a big impact on peoples mentality.

We've not had a proper crash for a long time, I'm not saying we are going to get one now but a bit of careful consideration of ones portfolio might be wise. A move to defensive stocks rather than cyclicals could be wise.