British American Tobacco Share Discussion Threads

[plastow] 17/5/2024 16:41

A retest of the star now a little sale off me thinks..

[redbaron10] 17/5/2024 08:48

MO up over 12% on the month,PM up 11% we're up 9% here starting from a lot lower base.They're all essentially selling the same products.The anticipation of interest rate drops is the catalyst so let's hope they happen! Important for my gold stocks too.

[montyhedge] 17/5/2024 08:39

No reason why we should not go back to August 2023 trading range of 2725p, especially if interest rates start getting cut, in the meantime we collect a nice dividend every 13 weeks. That's my view anyway.

[action] 16/5/2024 22:52

BAT alas far aaaas I seen it. Laaast time 200p price gap was seen between BAT and imperial. That I ha not seen again. Of course there is takeover premium attached with Imperial but nothing happened since 2017. I am holding both.

[fat_divvy] 16/5/2024 22:07

How do you compare this one to imb? Which one is really cheapest/most value?

[montyhedge] 16/5/2024 15:24

Doubt it, 2575p trading range, next level.

[mcunliffe1] 16/5/2024 15:24

It appears not plastow. 2500 has to be a psychological point and happens to be a couple of pence below my average. It's at 2492 as I type this.

[plastow] 16/5/2024 09:03

After yesterdays shooting star we may see some selling over the next few days time will tell?

[action] 15/5/2024 22:54

Same here. Closed my last profitable trade. Still running a book loss and collection divi till it becomes profitable.

[redbaron10] 15/5/2024 14:48

I'm very overweight but contrary to you i've just bought another 200 on the back of IMB's result update.I don't want a share price crash!

[simonzaphodbeeblebrox] 15/5/2024 14:38

Sold 200 shares for profit as overweight.
Need a crash now to buy back in.

[plastow] 15/5/2024 12:23

That's the daily double top finished OK let's see if next week will try a retest??

[montyhedge] 15/5/2024 11:53

Its melting, lol

[lippy4] 15/5/2024 11:12

monty

i think the butter is frozen..

[blackhorse23] 15/5/2024 11:05

BIG NEWS: Greencore Group (UK, 0386410) will be added to the FTSE 250 Index and deleted from the FTSE SmallCap Index. All changes are effective from 16 May 2024. Full details of index changes available on the FTSE Russell website.

[montyhedge] 15/5/2024 10:51

It will go through it like knife through butter on a good day, lol

[plastow] 15/5/2024 10:38

Big test 25 ish

[huckers] 15/5/2024 10:08

Added a small amount. Was really looking to add more than that but 100p lower than it is now!

[redbaron10] 15/5/2024 10:07

4th June for a trading update here.

[mcunliffe1] 15/5/2024 10:06

My average is £25.02 on the £10k holding.

[topazfrenzy] 15/5/2024 09:57

I'd say anything under 2800 is still a bargain for BATS

They will keep buying back through the end of 2025 so I doubt they will stop now, those that bought around 2300 are still getting 10% dividend on their original stake, which of course was the deal of the decade for a company like this one.

[mcunliffe1] 15/5/2024 09:40

With the rising share price I would be tempted to ease back on the BB throttle.

Seems to me that a BB may want to achieve two objectives; maybe one or the other, maybe both. I see these objectives as:

. a rising SP
. a reduction in the number of shares in circulation (assuming cancellation)

The former is happening but the latter is now costing more money to achieve a lesser number bought and cancelled.

I count myself a long-term dividend seeking investor rather than a 'trader'. I try and buy when a share is at a low point - don't we all. I am reluctant to keep buying when the share price is on a fairly constant upward move - as BATS has been for the past 30 days, in the main.

[topazfrenzy] 15/5/2024 09:23

Astute funds know that the frothy markets are going to tank soon enough and are not selling but adding. The buybacks have no sellers to fight and therefore the share price will slowly just keep melting up by the looks of it. This is the case for Altria and IMB too.

[montyhedge] 15/5/2024 09:17

2500p resistance and psychological level the chartists will tell you, break through that 2500p becomes the new support level. With the buybacks, should be soon, in my opinion.

[ygor705] 15/5/2024 09:11

Some big sells went through late yesterday but the share price is pushing ahead this morning. Interesting. The algorithm must be expecting more buyers as we approach 25 quid.