Nice finish on Wall St so hopefully build from here.Light touch FDA regulation stateside at least could cushion BAT combustible earnings to offset to some extent the tighter regulations coming from the UK, probably,EU and globally under the WHOs directives.All to play for regarding BAT buiding NGPs market share and its ever growing contribution to group profits to offset the predicted decline in combustibles' contribution to earnings.The balancing act is to achieve the growth in earnings necessary from NGPs to offset the declines from combustibles.The company wants 50% contribution to earnings from NGPs by 2035 i believe, so anything that buys the company time to meet that target, like less regulation on combustibles at this stage, the better. |
Donald Trump my hero.3000 support here we come |
There she blows!! |
Would be nice to finish the week over 30 quid... |
Trump admin withdraw Menthol Ban |
What just happened?? |
I think the TRUMP factor is defo giving the share price some tailwind..... looking fwd to the results in a few weeks.. GLA |
I noted with interest that big tobacco was the third biggest contributor to Trump's campaign funds at around $10m after big tech and big oil who contributed a lot lot more but a bit of lobbying on top of the contribution all helps. |
Let's hope we can keep rising from here making Reinet's decision to dump their 43m shares ever more financially painful for them.They were keen to take the cash and invest elsewhere but I think they bailed too soon on this.They could/should have waited for year end results and also see what directions the Trump administration was going to give the FDA on its tobacco regulations going forward imho |
There it goes just got to hold it now |
A few pence more should see some shorts closing and a good move up |
Maybe another knock on the 30 door it should open soon |
If we get a decent opening over the pond might have another go at it today |
Can't get through pivotal point 3000p it seems, is it rolling over. |
Low volume today all very quiet, US closed. |
US closed today, so low volume day, is this the day we test 3000p. |
Oh no..the death warrant..only way is..down now lol |
3000 will be broken shortly and will become support. There I have said it. |
I suppose 3000p resistance, pivotal and psychological level, once through 3000p will become the new support level. |
Hmmmmmm probably purchased a chunk of shares that were offloaded by reinet |
Looks like a hedge just increased their stake. |
Sterling weak again good for FTSE 100 dollar earners. |
Yeah plenty of interest here and that big seller dip was a great top up opportunity ahead of another crack at 3000.
Good luck all 👍🏻 |
I think the market knew about that seller yesterday, holding price below 3000p, now they are out the way, hopefully back to test 3000p again. |
Inflation out 2.5% our yield now 8% so at least beating inflation. |