Imperial Brands Share Discussion Threads

[mozy123] 03/12/2017 11:39

Noticed in the fundsmith factsheet for November that terry smith had sold the imperial brands position in the fund.

Since it is a £10bn portfolio and imb was around 4-5% that was some serious stock being sold on the market.

[philanderer] 29/11/2017 18:22

IMB and BATS pretty well matching each other today.

[essentialinvestor] 29/11/2017 16:42

Thanks for the view.

I used Alan Carr's Easy method for what it's worth.

[essentialinvestor] 29/11/2017 12:36

If anyone is a current smoker and can comment on the Vape market as it stands,
would be very interested to hear.

I can only go on what I see out and about, and it's the vype devices
that appear frequently used, a BATS product.

[philanderer] 29/11/2017 12:26

GNK, anyone's guess what will happen tomorrow.. I'm holding. BVIC a good one for me today on results :-)


Couple more IMB brokers today...


29th nov RBC outperform tp 3400p cut from 3500p
29th nov Goldmans conviction buy tp 3740p cut from 3770p

[essentialinvestor] 29/11/2017 12:19

Hi Phil, today's domestic bounce enabled me to exit 2 positions at small
profits, unsure if the more sanguine outlook will last.

Bought a chunk of TATE yesterday afternoon as looking at recent volumes
thought the MSCI trackers must be about done selling, TATE deleted from the close
tomorrow. Closed those TATE trades off now, kept my main holding.

GNK and MARS tomorrow. I've managed to lose money twice of GNK, which takes some doing!, So not holding any in to results.

On IMB, think they need to announce something concrete on heat not burn.

Would also like to see current market share for Blu in the UK vape market, is it stable or begining to give ground to vype, BATS vape device.

[philanderer] 29/11/2017 12:04

Slight difference now..

IMB -2.6%
BATS -1.5%

[philanderer] 29/11/2017 09:25

Morning EI , I don't think BATS is reliant on P&H , and they're off the same as IMB this morning.

[essentialinvestor] 29/11/2017 09:09

Have to say thought £30 would be tested at the open.

[philanderer] 29/11/2017 09:04

Yep, agree


29th nov Citigroup neutral -

reiterates

[daneswooddynamo] 29/11/2017 08:46

most of the fall is due to dollar earners coming off

[philanderer] 29/11/2017 08:36

BATS matching this morning's drop.

[palmermpz] 29/11/2017 08:29

Already well and truly priced in imho. If anything adds some certainty to what was an unclear situation previously. As they say they have already planned for this and a provision made for a one off exceptional cost will be booked. 160m pocket change down the sofa for the likes of IMB, onwards and upwards...

[philanderer] 28/11/2017 21:02

from the RNS..

We currently estimate that P&H's decision to enter administration may have a one-off impact on Group operating profit in our current financial year of up to £160 million, the majority of which would relate to excise duty which is non-recoverable.

We do not anticipate any significant disruption to our UK operations. We have well-prepared contingency plans which will ensure that the on-going supply to Imperial's retail customers remains unaffected.

[minerve] 28/11/2017 20:54

US ADRs down 1.6%.

[north sea boy] 28/11/2017 20:49

Thanks Pyemckay. Whilst that is a big ouch, it should be manageable. just need to hope that the distribution lines are not disrupted.

[minerve] 28/11/2017 19:25

Great.

Another wonderful day on the LSE tomorrow to look forward to.

[pyemckay] 28/11/2017 18:16

£160m.

[north sea boy] 28/11/2017 17:53

Looks like PH have now gone down. Does anyone have any indication of the financial impact on IMB of this; my recollection is that IMB had invested many millions in PH which I assume will now be at risk?

[philanderer] 28/11/2017 17:51

P&H gone into admin.

BBC news

[philanderer] 28/11/2017 13:20

Thousands of jobs at risk as tobacco supplier P&H hovers on brink

Palmer & Harvey is facing a possible pre-Christmas collapse into administration, threatening 4,000 jobs, Sky News learns.