British American Tobacco Share Discussion Threads

[laurence llewelyn binliner] 07/9/2024 18:14

Continued buybacks, quarterly dividends, progressive yearly, the ITC hotel business sale pending, growth in the non combustible / vape sector, scope for MnA, we will have to wait and see..

BUT, the share price was 3500 in 2022, and 5500 in 2017.. :o)

[korvet] 07/9/2024 15:12

Motley Fool have released an article suggesting BATS could hi £66 per share by 2026 with growth of 47% on revenue, sorry don't have the link, wife was showing me on her fone. If it hits half that I'll be a very happy bunny.

[tuftymatt] 07/9/2024 07:28

Have a feeling Monday morning will give a buying opportunity at sub 2900 but then just like we have seen recently it will push on.

Hard to create a case against a run to 3000 before the divi is locked in now as the big tech sell off continues, the US jobs market looks softer than it has for a long time and the talk of a 50 bps cut by the FED on the 18th gathers pace.

Good luck all 👍🏻

[montyhedge] 07/9/2024 07:06

These are just my thoughts, Tobacco stocks do well in a recession, talk of recession coming US. So shares with high quality dividend stream especially quarterly in favour. Buybacks are a bonus, talking my own book of course and bias my target for 2025/6 is 4200p.

[montyhedge] 06/9/2024 18:12

I think straight through that level, in my opinion. Ex div 26th September 58.88p.

[laurence llewelyn binliner] 06/9/2024 17:33

Not a bad week at all, ready for an assault on 3000 pence next pre XD.. :o)

[panshanger1] 06/9/2024 17:11

3000 next week ?

[supermarky] 06/9/2024 17:03

it's been a good solid week. Happy holder.

[1viky] 06/9/2024 12:22

Waiting for ITC hotels portion of BATs to be sold by year end. Should be at least 2 billion to pay down debt and maybe share price div

[redbaron10] 05/9/2024 13:10

Sold 25% of my holdings here.Will sell another 25% before the US election in November then add again if Trump is elected.

[nellynell] 05/9/2024 11:57

Yep I agree a pat on the back for once I actually got in at the bottom. Up almost 25% and a couple of divis bagged along the way

[boatman123] 05/9/2024 11:28

I'm giving myself a pat on the back for buying in when I did , very well timed lol

[plastow] 05/9/2024 11:26

Still looking good nice break out

[mwainw1973] 05/9/2024 11:18

Beast of a share

[montyhedge] 04/9/2024 20:05

The main thing no upper limit cap, no dividend tax on isa accounts, that was the fear.Bats looking good, we have buybacks I understand until the end of 2025.Surely we will be back to 2022 level of 3500p, that's Jefferies target price.

[laurence llewelyn binliner] 04/9/2024 19:48

Further to the list of potential tax raid targets I wrote yesterday..

IHT
CGT
Pension contributions tax relief
LTA ceiling reintroduced with tax trap
Freezing income tax threshold allowances and trapping pay rises into a higher tax rate band..

The Telegraph/FT are now reporting that the Tory proposed British ISA extra GBP5K allowance has now been dropped, not at all surprised to read it, a half baked idea at best but I also doubt that the GBP20K allowance ISA now frozen for 8 years will be raised to 25K compensate under Labour..

Another kick in the Jacobs for savers trying to get ahead..

[montyhedge] 04/9/2024 16:48

I think certainty.

[nemesis6] 04/9/2024 16:44

2900 reached....hopefully breached

[montyhedge] 04/9/2024 15:23

The way we are going straight through big resistance level 3000p before ex div I reckon. Is it the yanks buying always seem to go better when US opens 2.30pm GLA.

[tuftymatt] 04/9/2024 15:05

Looking much more likely now LLB!!

2900 was what I hoped to see so to be there 3 weeks earlier lines up 3000 nicely as it's only circa 3% more.

Good luck all 👍🏻

[laurence llewelyn binliner] 04/9/2024 14:50

A print at 2900, slowly slowly the hurdles fall 1 at a time.. :o)

What chance 3000 for pre XD on 25th..?

[supermarky] 04/9/2024 14:44

2901 !! woohooohooooooo

[redbaron10] 04/9/2024 13:57

No problem.Point taken.

[lippy4] 04/9/2024 13:28

yes cough,cough!!