Imperial Brands Share Discussion Threads

[cesna] 18/2/2020 11:58

Luderitz, think mm's using imb for liquidity. Dont think I have seen it drop into ex div before

[luderitz] 17/2/2020 20:13

Cesna, no reason at all.

[eeza] 17/2/2020 20:00

Nil.
On steroids.

[cesna] 17/2/2020 19:57

Whats the chance this gets back 1830+ before exdiv?

[cesna] 17/2/2020 19:56

If div is cut I will go elsewhere.Div is only thing going for it.

[lendmeafiver] 17/2/2020 19:38

The dividend is covered reasonably by cash flow so I don't see the reason for a cut, leaving it roughly static at the current level would make sense to me though.

The bigger question is what is done with the proceeds of the sale of the non-core assets, share buy back vs debt repayment.

[spud] 17/2/2020 19:32

There's not much going for it if they drop the dividend. Myself and many others will just cash out for a better yielder with stronger prospects. The yield is all this has going for it and I sincerely hope that the directors appreciate that....spud

[danieldruff2] 17/2/2020 18:06

They were irresponsible in growing it so fast in the first place. I felt the previous CEO raised the dividend to protect themselves from shareholders and raised the debt to protect themselves from a takeover, thus keeping their job. Hopefully the new broom will do something more constructive.

[philanderer] 17/2/2020 17:31

Agree guys , a dividend cut is being priced in.

[luderitz] 17/2/2020 14:57

Exactly Alex.

[hooley] 17/2/2020 14:42

I've priced in a halved divi and a 5% yield basis. share price of £20 results. Better than a so-called savings a/c at the bank

[spud] 17/2/2020 14:25

Mad price which will find it's true valuation in time, otherwise it gets bought out and broken up.

spud

Edit : The Market is currently pricing in a dividend cut imo.

[alex1621] 17/2/2020 14:21

Then the director dropping $500k plus doesn't know the business? You always see shifts before ex div dates, for all kinds of reasons ... like buying back at a lower price, or fear of price drops after ex div ... I'm not sure any of these moves are telling.

[spud] 17/2/2020 14:10

If it gets to 1500 (which is a possibility) the Market is effectively valuing the business at zero!spud

[p0pper] 17/2/2020 12:58

If this is falling before x divi, what the hell is going to happen after ex divi?

[eeza] 17/2/2020 11:44

Works every time though.

As long as it's a downgrade.

[spud] 17/2/2020 11:20

Just like a trailing stop loss, except in this case it's a trailing price target.

That'll be £20k please for this particular piece of old rope..

spud

[eeza] 17/2/2020 10:15

Lololol !!!

[philanderer] 17/2/2020 10:04

+++ DEUTSCHE BANK CUTS IMPERIAL BRANDS PRICE TARGET TO 2400 (3250) PENCE - 'BUY' +++

[lendmeafiver] 13/2/2020 11:50

Directors parting with real cash again shows confidence.

[redbaron10] 13/2/2020 10:00

Yeah like you wskill i think it is unlikely imho.Besides with a week to go before ex-div, i don't think the share price will be where it is now.

[wskill] 13/2/2020 09:26

Excellent news will be able to load up at that price,looks unlikely but never say never stranger things have happened happy holding with our covered dividend of 11.2%.