British American Tobacco Share Discussion Threads

[korvet] 02/7/2024 09:44

I like where this price is, I can buy more monthly cost averaging and I like they're blowing 4 mil per day and then cancelling the shares. 4 mil is a drop in the ocean of 2 and 1/2 billion shares but it all mounts up and they're keeping over one billion in the treasury. This should support the price over the next 18 months then a nice little lift hopefully back to the mid 30's would suit me fine. And as for the 9% divi, gift horse...

[montyhedge] 01/7/2024 08:28

Imperial 52 week high on buybacks our buybacks finish end of 2025, to get back to our 52 week high which I think we should, that's around 2710p. Collect our dividends on the way.Good luck bulls.

[lovewinshatelosses] 29/6/2024 18:51

Hopefully the red side of the uniparty will not veer away from the latest blue uniparty U-turn. This time on Sunak's smoking plans for younger adults...which have gone up in smoke. Should never have even been considered, but presumably the tobacco lobby have done what is necessary to preserve this small element of individual choice and liberty. For now. GLA.

[montyhedge] 28/6/2024 17:24

Not too bad add the 58.5p on top we are getting 2nd August. If you're compounding or buybacks you don't want the price to run away. If you're trading you want to buy as low as possible if like you sold out before ex div. Investor or trader.

[jubberjim] 28/6/2024 16:41

Here we go again

Sorry to be the harbinger of doom

Think this is going to previous lows in tandem with all the 'luxury' shares non essentials

How low ?

Can t quantify but am getting worried as there is a distinct lack of willingness to row in against the tide and buy anything in any category

Market is very risk averse

We keep being told this is a banker but scant evidence so far

Stay in cash and wait for the market to recover its bottle.!

Good luck

[zicopele] 28/6/2024 12:02

BATS must cut debt which id just too high.

[montyhedge] 28/6/2024 10:33

Imperial 52 week high on buybacks, our 52 week high is 2710p so someways to go for us, but our buybacks all next year as well.Just collect the quarterly dividend while we get there, that's the way I look at it.

[topazfrenzy] 28/6/2024 09:52

Trump winning (very very likely now) means Reynolds menthol cigarettes are safe for years to come in the US

[montyhedge] 28/6/2024 08:47

Imperial 52 week high on their buybacks, bats will get there, our buybacks until end of 2025.

[montyhedge] 28/6/2024 08:43

Yes 58.8p tax free in the isa pot, this will become so valuable when Labour gets in.

[laurence llewelyn binliner] 28/6/2024 08:13

Back in the channel from April, XD and ready for the next leg up as I see it..

58.88 pence now in the pot.. :o)

[montyhedge] 28/6/2024 07:00

That would be superb, more shares for our 58.8p dividend on 2nd August payday and great for buybacks cheaper the better.

[jubberjim] 28/6/2024 06:04

To my amateur eye looks like a gap back down to 2300 level

That was partly the reasoning behind my sell @ 2537 a couple of days ago

Looking at the continued pressure on Diageo and Burberry will now sit tight but the dividend yield such as it is is going to bring more competition into the fold from the likes of the insurance investment companies all now with dividends on a par with BATS

CSN
MNG
PHNX
Are all now in the frame jostling for any of my monies that are available

Still inclined to wait until after the elections outcome before splurging any more cash in this increasingly nervous market. Am treating with a pinch of salt the comments made by Davey but the spectre of more regulation will not go away.

Go easy enjoy the summer

[jubberjim] 27/6/2024 09:42

You did a lot better than I

Haven't got the patience had been long on and off since 2257 so no grumbling from me
Thankful for small mercies

Enjoy the fruits of your labours

[kipper999] 27/6/2024 08:54

Don't usually post here, but read comments. Sold out at 2,560.54 the other day; only £6k. I think it was a post by Jubber saying he was doing likewise. Locked in some reasonable profit & got some cash back into my account.So anyway, thanks JJ

[jubberjim] 27/6/2024 05:39

Disagree unfortunately
Dividend extremely attractive but just due to the general malaise gripping the markets can see better buying opportunities over the next 3 months.

Wouldn't like to hazard a guess as to how low but in line with others in the 'luxury' grouping ie Diageo etc al am expecting it to get worse before it gets any better

Good luck spend those dividends wisely 'or not'

Glastonbury this weekend 'Chill'

[supermarky] 26/6/2024 10:15

choo choo on the dividend express. Holding and loving my income stream here while waiting for the capital gains to come. Happy investor

[petersinthemarket] 26/6/2024 10:06

Agreed, it's high share price was about 2540p a couple of days back,
so technically it should drop to around 2480p.
Be interseting to see if the buybacks changed the picture.
Anyone wanting the Div needs to be holding at the close today.
pete

[montyhedge] 26/6/2024 08:05

Yes of course will fall tomorrow, but with buybacks perhaps it may only fall 50p. One thing only another 13 weeks until our next ex dividend, lol

[petersinthemarket] 25/6/2024 15:08

Usually an appreciable share price fall on xDiv day - this Thursday.

[tuftymatt] 25/6/2024 09:30

Looking really positive here as we run towards the next divi getting locked in.

To secure that and stay above 2500 would be a really encouraging signal and get people thinking about jumping in for a push towards 3000 later this year. If rates do get cut soon then the high yielders really will start to become noticed again as a great deal of that record cash pile in money market funds is just waiting for an equity home.

Good luck all 👍🏻

[redbaron10] 24/6/2024 20:07

Just remember all through covid this and IMB were throwing out juicy dividends when a lot of banks,insurers,oil majors and others weren't.

[laurence llewelyn binliner] 24/6/2024 19:07

The price today is where we were in December 2018, the slide started well before the RJR asset right down and a long way from the highs in 2017 share price of 5500..

Just let them crank out their 9/10% yield and hold for life IMO while the ITC / hotel business divestments happen, debt is reduced and the buybacks are fully funded.. :o)

[plastow] 24/6/2024 16:22

Nice breakout today let's hope the trend is changing if so 30 within a month

[bbd2] 24/6/2024 15:44

Where do we see this before XD?