Imp.Tobacco Grp Share Discussion Threads

[speedsgh] 18/8/2015 16:50

Yes, Q3 IMS scheduled for tomorrow although the financial calendar on their website does still note that this date is 'subject to change'.

[brain smiley] 18/8/2015 16:13

results tomorrow.

[jonojubb] 29/7/2015 16:07

Sold out today! Will wait for the next dip to get back in again.

[wirralowl] 10/7/2015 09:50

Very similar strategy to mine, MKH; I've grown to love those down days like a kid at Christmas! In my case though I'm most definitely looking to hold my share purchases in an ISA/SIPP for years, as my income now comes primarily from dividends. I supplement this by also trading some of the stocks I hold via spreadbet too, to try and capitalize on the dips for a quick few percent.

[m_k_hubbert] 09/7/2015 23:34

Started buying IMT on recent Greek related sell-off and added more on dips, most recent a few days ago @3080p. Following share price recovery these past 2 days overall holding no longer 'under water'. My tactic is to try to buy quality stocks paying good divis when screens are 'sea of red' and hold for better times; if that's months or a couple of years+ I'm happy to be paid to wait via the divis. When I come to sell (or top slice) a holding I try to do so when screens have 'lots of blue'. By buying on down days and selling on up days it's possible to squeeze a couple of extra percent on one's transactions i.e 1% in and 1% out.

[wirralowl] 07/7/2015 16:54

Also took a few more today, too.

[essentialinvestor] 07/7/2015 09:43

Added a few along with ULVR.

[philo124] 07/7/2015 08:54

Back in today.

[essentialinvestor] 06/7/2015 10:49

IMT looking at lot better Wirral, it's my second largest holding now.

On RR., well in fairness I tend to be cautious and often miss upside
because of this on stocks.

[wirralowl] 06/7/2015 10:38

Hi EI. I see you were spot on with your call re: RR. Ouch!

Meantime, IMT showing off its defensive qualities, recovering very nicely after the initial falls this morning...

[essentialinvestor] 03/7/2015 22:04

Added today, got a few under 3080.
Can't call the short term SP, UKX levels have a major influence on
the short term price.

[philo124] 03/7/2015 20:17

Looking 2 buy back the holding I sold on 24th April.

[essentialinvestor] 02/7/2015 16:25

Yes he is the man! RR. is one of the only stocks where I would disagree with
him, at least short term.
Warned a few times on the RR. board last year as I could see short term
issues which subsequently materialised.

[wirralowl] 02/7/2015 16:22

EI, yeah, their last results were impressive on a number of fronts.

Talking of cash generation and the ability to support 10% dividend increases, don't know if you ever saw the recent Neil Woodford blog post on IMT, but it put forward a compelling argument for holding IMT for the LT: hxxps://woodfordfunds.com/bazooka-vuca/

Couldn't resist another little nibble for my SIPP just now at sub £31, but looking for a little lower still for my ISA...

Funnily enough I've recently stumbled across the attractions of PHTM, the only problem I see there is they are a bit pricey, but would love some of those too, if the price came off a little.

[essentialinvestor] 02/7/2015 15:31

Wirral, what really struck me on the last results was the fat fall
in debt, prior to the acquisition, even with the 10% dividend increases.
The cash generation is phenomenal, which will increase further with the expanded US
presence.

I only know of two companies with this dividend commitment, IMT and PHTM.

Will add on weakness.

[wirralowl] 02/7/2015 11:44

Nice entry, EI, spotted you've been buying a few of my targets this week too!

I'm hoping for around £30 or under, and I'll add again. Hoping the Greek uncertainties might give us that opportunity next week...but agree, the LT R:R is looking attractive again, especially now the US deal has been ratified.

[essentialinvestor] 02/7/2015 10:47

Added this AM under £31 having traded this yesterday.
Not sure where the short term share price is going, longer term the risk/reward is looking
more favourable than last month.

Will add again further down if available.

[speedsgh] 16/6/2015 11:28

Imperial Tobacco can turn around the fortunes of acquired brands -

Imperial Tobacco (IMT) has purchased five cigarette brands for £4.6 billion and Deutsche Bank is positive it can turn around their fortunes.

Deutsche Bank analyst Gerry Gallagher retained his ‘buy’ recommendation and target price of £40.00 on the shares, which fell 2.8% to £31.75 yesterday.

‘Despite Imperial stating USA deal synergies will be “modest” and reinvested in the brands we estimate synergies of at least c.$275 million – c.40% of the disclosed acquired earnings,’ he said.

‘We estimate c.$95million falling to the bottom line and c.$180 million supporting the brands, facilitating a probably Winston price cut. Imperial has a much stronger opportunity to turn the brands around than the market realises; synergies of c.$275 million will fuel the debate in Imperial’s favour in our view.’

[speedsgh] 12/6/2015 09:31

Imperial Tobacco undervalued despite regulatory concerns -

Regulatory fears in the UK have pushed down the share price of Imperial Tobacco (IMT).
Berenberg analyst Erik Bloomquist retained his ‘buy’ recommendation and target price of £36.50 on the shares, which rose 1.5% to £32.67 yesterday.
‘Imperial Tobacco’s share price was down as much as 1% early Wednesday due to concerns about the regulatory outlook in the UK, driven by a report published by the partially UK-government funded non-governmental organisation Action on Smoking and Health,’ he said.
‘One of the policies of particular concern for tobacco investors is a levy on tobacco firms, a proposal that was defeated in the last Parliament but which is again being pushed to the forefront with the refinement that companies should not be allowed to pass on the cost to consumers.’
Despite the regulatory worries, Bloomquist said Imperial Tobacco was ‘still undervalued on our estimates, with a share price of £36.50 reasonable as it implies only 15x our 2016 forecast earnings per share’.

[wirralowl] 27/5/2015 09:04

Great news. Don't know how much is already priced in now, but according to Shares mag recently FTC approval of the deal 'could be worth another £2-3' on the SP, according to analysts estimates at Berenberg, so you might not be that far off, irene.

[irenekent] 27/5/2015 08:05

Deal approved at last. Target still £35 in the next 3 months.

[gregmorg] 06/5/2015 14:10

Well done and thanks speedsgh.

[speedsgh] 06/5/2015 14:03

gregmorg - IMT website appears to confirm 50/50 split of 42.80p interim payout across the 2 proposed quarterly dividends...

[gregmorg] 06/5/2015 13:35

Yup, another solid performance for my pension fund but not sure re dividend timing payout!
Imps say its gone to qtrly payouts and yet declare an interim dividend. The first qtrly is paid on 30 June with the second on 30 September. I have taken it that 50% of the interim each time but can find no reference to these portions. I note that ADVFN has the full interim payable as on 30 June but that is a month early historically and not as I read it.

Anyone seen further detail?