British American Tobacco Share Discussion Threads

[unnavailable] 09/10/2018 22:02

What are you down on these, ttid?. And are you buying given that its definitely the bottom this time?

[unnavailable] 09/10/2018 18:10

Don't think it's the bottom either. Will probably keep drifting down and bouncing along until some news event.

[this_time_its_different] 09/10/2018 16:39

It's moved from £56 to £33, it is the damn bottom.

[stepone68] 09/10/2018 15:47

Bet you a pound it's not the bottom.

[this_time_its_different] 09/10/2018 15:21

STRONG BUY, I think we may have found a bottom. STRONG BUY

[this_time_its_different] 09/10/2018 10:52

The stock is just being driven by fear, we need earnings to get it back on track. The main problem is a bottom has not been found, it's beyond a strong buy at this price.

[philanderer] 09/10/2018 10:12

Very welcome from GRG , usual buy order in from my wife on results / update day ;-)

[essentialinvestor] 09/10/2018 09:57

Hi Phil, action mentioned around 3200 from memory?,
looked about right to me. Got to keep in mind the net debt here.

GRG, very solid.

[philanderer] 09/10/2018 09:53

Morning EI , I can't see the catalyst for a turnaround here , short term anyway.

[essentialinvestor] 09/10/2018 09:49

Marked outperformance by IMB of late, Reynolds looks a mistake?.

[philanderer] 09/10/2018 09:33

FFS ... this has turned into a pile of sh+te.

[rndm355] 08/10/2018 10:35

Tobacco Trends - A macro view suggests that demand will remain robust

hxxps://cube.investments/tobacco-trends-a-macro-view-suggests-that-demand-will-remain-robust/

[philanderer] 08/10/2018 10:06

8th oct Goldmans buy tp 4860p cut from 5250p

[philanderer] 06/10/2018 00:00

FWIW , Charles Payne (Fox Business) who is more often than not on the money predicts one more rate rise in 2018 , 3 rises in 2019 and one in 2020.

[philanderer] 05/10/2018 20:49

Why this week’s bond sell-off may be just a blip

Technical factors have weighed on the fixed-income market and inflation is subdued

[this_time_its_different] 05/10/2018 16:24

NO US government bond yields 6%, they will all come back when they realise Powell aint gonna hike this year.

[thanksamillion] 05/10/2018 12:22

Personally I am expecting ANY dividend rise to be nearer 2%.

[philanderer] 05/10/2018 00:25

Investors desert British American Tobacco in favour of US bonds

[this_time_its_different] 04/10/2018 18:45

The one that will come for 2019

[thanksamillion] 04/10/2018 13:57

What dividend rise?

[this_time_its_different] 04/10/2018 13:53

really thanksamillion, don't you think we have shed enough blood? 3250 would push the dividend yield near the 6% area, and with the dividend rise 6.5%.

[thanksamillion] 04/10/2018 12:42

no not buying yet, looking for 3250-3000

[philanderer] 04/10/2018 12:38

Market report:

AJ Bell investment director Russ Mould said: “The Treasury yield is commonly seen as the risk-free rate for investing, so an increase tends to be negative for other asset classes including shares.”

In London bond-like defensive stocks such as tobacco and utility firms were the biggest casualties, with British American Tobacco, which also turned ex-dividend, down nearly 4%. Among the few winners were banks, who typically boost profits as a result of rising interest rates.

The latest sell-off took hold yesterday after much stronger than expected data from the US ahead of closely watched non-farm payrolls data tomorrow as growth is fanned by Donald Trump’s tax cuts. A potential jobless rate of 3.8%, the lowest for nearly 50 years, is fuelling expectations of sharper tightening from the Fed next year. US interest rates stand at 2.25%.

CMC Markets analyst Michael Hewson said: “Powell’s comments that he was very happy with the US economy, and that he could see the current expansion continue for some time, appears to raise the prospect that not only could we see another rate rise in December, but we could well see at least three more in 2019.

“In particular his remarks that we’re a ‘long way’ from neutral have raised the prospect that rates could go quite a bit higher in the next few months.”

Bob Baur, chief global economist at Principal Global Investors, said: “We look for 10-year Treasury yields to hit 3.5 at some point — later this year, early next year — and I think that’s going to be a real problem for stock markets.”