Imperial Brands Share Discussion Threads

[lendmeafiver] 04/4/2020 20:44

It was circa £26 this time last year when it had more competition with respect to dividend yield, agree £20’s short term must be a real possibility.

[spud] 04/4/2020 19:40

Indeed! A wonderful hedge in the current sh1t melee. Could easily see 2000p in fairly short order. shmokin' spud

[holts] 04/4/2020 18:54

https://www.ft.com/content/362d7d51-6561-493b-a29b-72784157cca7?desktop=true&;segmentId=d8d3e364-5197-20eb-17cf-2437841d178a#myft:notification:instant-email:content

[hydrogen economy] 04/4/2020 03:23

IMB has been in a downtrend since 2016 and bounced off a falling resistance line 4 times since. If that line is reached between say May to July it would be somewhere around 1800-1900. It could break out of the trend, but given how long it has been established, a lot of investors might want to lighten up in case share price bounces off it again, which would be self-fulfilling. The hope would be that in June/July, the COVID picture is improving and some optimism carries it through, but IMB seems to be behaving as a defensive stock at the moment so good news may cause a switch away. A better picture from new CEO on strategy, NGPs/divestment will go ahead would help.

[scorpio51] 02/4/2020 19:05

Good strategy basem. You'll probably get in lower when we get big market 3rd wave downtrend. You have plenty of time before next XD date. If the price remains below 20 pounds,there is the chance of a takeover from one of the big boys,but unlikely in the current climate.

[basem1] 02/4/2020 18:55

I am a quid ahead but have only bought 20% of my stake so far 20 pounds fair target price Hoping for a little pullback

[scorpio51] 02/4/2020 15:57

Good decision 32campo. This and BATS are the best bets for divis and capital appreciation in this climate. I'm doing my bit by smoking more of their product!!

[32campomar] 02/4/2020 10:38

I've sold my hsbc shares & bought more here. With no divi, HSBC & others are rudderless in a falling market. Extremely destructive decision by the BOE but there we are. Good luck all!

[irenekent] 02/4/2020 08:53

I pray that this is true. For a humble plant which has brought pleasure, addiction, comfort, ill health and death to millions over the last few centuries to be the saviour from this modern plague would be a true irony. All we need do now is close all those dreadful 'wet markets' selling live animals, bats, and other species throughout China and Asia. We eradicated smallpox, now lets eradicate coronavirus in all its forms.

[spud] 02/4/2020 08:36

As PFMs move their money out of Banks, watch the shunned bad boys of the Market (oil and tobacco) soar! spud

[skinny] 01/4/2020 15:13

It would be in pretty poor taste if it were! From their website :- BAT working on potential COVID-19 vaccine through US bio-tech subsidiary.

[eeza] 01/4/2020 15:10

Lol - Link - but you may be right.(or not) https://www.theguardian.com/business/2020/apr/01/british-american-tobacco-plant-based-coronavirus-vaccine

[spud] 01/4/2020 15:01

April fools...? spud

[eeza] 01/4/2020 14:58

Saved by the 'killer' (now saviour) weed.

[skinny] 01/4/2020 14:57

Oh the irony.

[eeza] 01/4/2020 14:53

BATS related "British American Tobacco, the maker of brands including Lucky Strike, Dunhill, Rothmans and Benson & Hedges, has said it has a potential coronavirus vaccine in development using tobacco plants. BAT has turned the vast resources usually focused on creating products that pose health risks to millions of smokers worldwide to battling the global pandemic. The company said: If testing goes well, BAT is hopeful that, with the right partners and support from government agencies, between 1m and 3m doses of the vaccine could be manufactured per week, beginning in June.” The London-listed company used the announcement to trump the positive aspects of its tobacco empire, saying that “new, fast-growing tobacco plant technology” put it ahead of others trying to develop a vaccine." Guardian news

[lendmeafiver] 01/4/2020 14:41

Try looking in the company annual report rather than relying on information provided by others, the true eps is easy to find.

[eggbaconandbubble] 01/4/2020 14:40

Thanks for that. henley, Looking at Stockopedia and/or ADVFN info though, I can't see how you say the divi cover is 1.3 when earnings are circa 106p and divi 200p. What am I missing? PS. Please don't groan - I must be missing summit!

[holts] 01/4/2020 13:51

Aided by a bit of divi re investing

[henley2] 01/4/2020 13:26

Dividend cover is about 1.3x. Even if they halved the dividend, would still yield 7%. Given all banks and numerous other companies have just announced cancellations of dividend payments, all of a sudden tobacco stocks look stand out defensive shares in the COVID19 landscape. BUY.

[tomleafs] 01/4/2020 13:25

Egg check the cash flow statement, £1.3bn depreciation/amortisation non-cash charge which can be used for dividends, debt reduction etc.

[eggbaconandbubble] 01/4/2020 13:03

Quick question - How can IMB continue to pay divi year on year when not covered by earnings?

[holts] 01/4/2020 12:31

Dog, No , just my assumption that something that targets respiratory system would be aided by lungs ability to cope if you were a smoker .