British American Tobacco Share Discussion Threads

[montyhedge] 25/7/2024 14:56

3150p my view. Whats the ITC stake worth.

[plastow] 25/7/2024 14:36

Looks good yanks aren't selling it off??

[badtime] 25/7/2024 14:36

Just moved into profit on paper excluding those lovely divs

[boatman123] 25/7/2024 13:53

I agree there , most uncivilised lol

[montyhedge] 25/7/2024 13:34

I know one thing 2nd August my dividend reinvestment bet I will be paying around 2755p. Why have results a week before dividend reinvestment, lol

[supermarky] 25/7/2024 12:44

Hopefully there will be a pull back so I can get a good price reinvesting my divi

[action] 25/7/2024 12:40

I am near to.my break even point. Just keep going higher...

[montyhedge] 25/7/2024 12:14

3100p written all over this in my opinion.

[redbaron10] 25/7/2024 11:18

A good take away from the half year results is to see adjusted net debt at $33bn.Still high but more manageable than it was.

[montyhedge] 25/7/2024 10:44

Forget the stake in ITC, revive target 3125p.

[montyhedge] 25/7/2024 10:21

I think 2810p here we come. Dividend growing, buybacks until end of 2025. Dividend every 13 weeks, everything on course these are cheap in my view.

[philanderer] 25/7/2024 10:14

Very good reaction on a p1ss poor market day.

[tuftymatt] 25/7/2024 09:51

In an ugly market it's great to see this one performing well.

I was too cautious with my recent top up but will be looking to add further as a run towards 2900 seems possible once interest rates start to come down and if big tech continues to suffer.

Backed by such a great divi there is still good money to be made with this one in my opinion.

Good luck all 👍🏻

[supermarky] 25/7/2024 09:13

Chart looking goodExcellent divi streamGood SentimentDefensive shareBombed out Low BaseBuy backsManagement reaffirming the importance of dividend to investorsWhat's not to like?I will be reinvesting divi and holding tight for the ride up

[laurence llewelyn binliner] 25/7/2024 09:02

We understand the importance of cash returns to shareholders, and remain committed to our progressive dividend based upon 65% of long-term sustainable earnings. Furthermore, in March 2024, we completed the monetisation of a portion of our ITC stake (lowering our holding from 29.02% (31 December 2023) to 25.49% at 30 June 2024), enabling the initiation of a sustainable share buy-back, starting with GBP700M in 2024 and 900M in 2025.

Net debt down -12% too.. :o)

[montyhedge] 25/7/2024 08:57

Share of joint association climb from 289m to 1.65 billion sterling, where's that come from, more I read the more I like.

[plastow] 25/7/2024 08:45

I line with expectations is good if governments target those Chinese imports this will fly chart looks good use the divi when sellers take profits..

[boatman123] 25/7/2024 08:45

Yeah right , I don't mind though , I've only recently bought into bat and paid in the high 22s and low 23s , so no complaints

[redbaron10] 25/7/2024 08:44

Economic conditions globally are declining....defensive stocks in play.ULVR up big today.If governments can get a handle on illicit vapes we would be looking a lot better here.

[montyhedge] 25/7/2024 08:40

2710p chartist are saying.

[boatman123] 25/7/2024 08:25

Oh well , looks like the dividend reinvestment is gonna gain less shares this time lol

[montyhedge] 25/7/2024 08:18

When I looked it was down 2p, I thought this should be 2650p.

[spawny100] 25/7/2024 08:12

Up already monty!

[montyhedge] 25/7/2024 08:11

On course full year guidance. Shame the FTSE 100 down I'm sure would be up today.