Imperial Brands Share Discussion Threads

[stevey82] 12/3/2020 17:36

I've got an average of £23 per share, I'll be underwater for years just have to keep reinvesting the dividend and hope for the best

[spud] 12/3/2020 17:31

We need to hit panic mode before moving towards recovery mode. Always been the case. spud

[stevey82] 12/3/2020 17:14

Spud, I've never been there before, why is it a good thing?

[irenekent] 12/3/2020 17:02

I'm amazed that companies don't suspend dealing in their shares. It would give breathing space if nothing else.

[spud] 12/3/2020 14:34

Looks as if the Market is in full on panic mode at last!

For those who haven't been here before, that's a very good thing..

spud

[strutt12] 12/3/2020 14:33

Was that the bottom ;-)

[essentialinvestor] 12/3/2020 14:32

Don't fall in love with it FFS.

[tcroc] 12/3/2020 13:14

Buying in tranches is probably the best strategy. I never thought it would trade in the £13 and now it looks possible that we could break into the £12 range. I'm topping up here but unsure if I would top up further in the near term for overall exposure.

[jezza123] 12/3/2020 08:59

I am minded of that old expression about falling knives - the trouble is a lot of the young 'uns have been buying the dip for many many years now, and so probably have no idea what a proper crash looks like poor dabs.

Just like back in 2008 make your trades and then switch off your computer and come back in a couple of years - keep yours noses clean boys and girls, best of luck.

[eeza] 12/3/2020 08:38

The £20 should have been put in s/hlders pockets. It would still be £20 - instead of £10.

[spud] 12/3/2020 08:34

Now is the time IMB should be buying back its stock, not when it was above 20 quid (easy for me to say that now). I guess what I'm trying to say is that it should only be employed when there is a definite undervaluation.It's fire power has been wasted previously like a machine gun when it should have been used like a precision rifle. spud

[cassini] 12/3/2020 00:55

buywell3 is a troll.

He's on his fourth 'buywell' incarnation and I expect he'd like to move to 'buywell4' as he's filtered by nearly everyone in his present guise, but some wag already registered as 'buywell4' in order to troll him ;0)

[rbonnier] 12/3/2020 00:35

The coronavirus wasn't even heard of at the time of your post 3.10.2019 you complete and utter ignoramous.

[buywell3] 12/3/2020 00:24

buywell3 - 03 Oct 2019 - 08:24:03 - 2984 of 4461 Imperial Brands PLC (formerly Imperial Tobacco) - IMB

This Chart in buywells opinion is looking very dire

The recent pull cack was tiny compared to the previous one

IMO if the USA slides further over the next coming couple of months or going into xmas as growth slows , and China trade remains unsolved

1500p chartwise as buywell has stated before looks like getting another visit

Ramping a stock that is firmly locked in downtrend mode as amny are doing here is NOT setting a very good example to newbes looking in.


dyor

[gaffer73] 11/3/2020 22:48

You'll be fine with those investment choices. Give it a year and they'll be back up.

[cassini] 11/3/2020 22:25

Cheers folks.

What makes it worse for me is that I've been a permabear for years, since 2009, waiting for 'The Big One'. Bored people talking to them about it ;0) Finally convinced myself last year I had to make my money work in a SIPP, I'd been too dogmatic and started investing. Bought 'defensive', stolid, dull high yield shares with cover and histories of paying the divi and that were looking cheap (perhaps that last criterion was a mistake). Thought I'd ride out any turbulence without too much damage - after all, I was being paid to wait anyway what with the divis.

Then of course, after spending a fair chunk of my SIPP cash on shares, finally 'The Big One' comes! What timing*! Imperial also turns out to not be in the least bit defensive, or so it feels.

*They do say though that a new bear market only starts only after the last bear has capitulated...

On the plus side I have a minor proportion of cash still left in my SIPP and another diversified resource as well, plus a civil service pension if I take it (very modest), plus a couple of minnow pensions best cashed up I think (not right now though!).

I recently bought a couple of small tranches each of BP. and RDSB, plus one of Aviva. Went too early on them for the first tranche, only halfway through the plunge (so far), got in at 1364 (RDSB) and 320 (BP.) for the second tranche but still have one shot left each at RDSB and BP. (may put both into RDSB though) and one shot left at Aviva.

GrowthPotential, I too bought RBS - before the plunge - and am suffering - not to mention BT! Also bought RIO, too early, last week. The only share in my SIPP that isn't down big time is Morrison's (MRW).

I have been hurting with shares before - back in the first decade of this century. Eventually I made it all back I think, excluding British Biotech (went to zero effectively) and later Arian Silver (zero again).

All the same, back on topic, IMB has just hit its Financial Crisis 2008-2009 lows and I wonder where the floor is if it busts straight through this level. Tomorrow looking like a bloodbath unless US Futures pick up.

Decisions, decisions...

[growthpotential] 11/3/2020 21:42

Hi mate, investing in single names is hard work. I've been torn a new one on RDSB, HL, FEVR, CGC, RBS, CINE, PDL, but investing is for the long run. I must admit I don't have all the cash if like but I'm holding the portfolio. IMB is at a level where I'd consider adding if I have spare cash in the portfolio. Good luck

[spud] 11/3/2020 17:39

Well said. As I've stated on the VOD board, this Market pullback isn't stock specific - Good, bad & indifferent are being hammered in equal measure. The guys who are suffering & contributing to the fall are holding SBs - The dreaded margin call...I suspect we've still another 10-15% fall in the Market still to come and another 18-24 months to recover to previous highs. All said (like yourself) from previous experience of investing from the early 90s. spud

[1vrod] 11/3/2020 17:22

CASSINI - Although words of comfort its the darkest hour before the dawn. I lived and worked in the city through 1973/74 when the market fell from 521 down to 147 in 18 months (Barber Boom). Nat West Bank shares were below par value and could not raise funds through a rights issue. Clients were just dumping their share portfolios as they could not take any more capital loss. January 3rd 1974 Burmah Oil had to be restructured, and three days later the market turned from 147 to over 300 within a month. Despite the downward market during 1973/73 dividends were maintained and increased.
So long s you are not holding IMB on borrowed money, and although its likely the new CE when he joins in July might cut the dividend, if you capitulate now , you might regret it in 12 -24 months time. No borrowed money in these market, as we are in a down cycle, and nobody knows where the bottom will be when the current crisis with coronavirus will end and be resolved. However remember reversion to mean: if markets swings too far one way, it normally swings equally back (or so) in the other direction. Stay strong- its character building I can assure you: its all part of being in involved with irrational markets

[cassini] 11/3/2020 16:52

I'm going to have to bail on this one this week if this keeps up. I can't replace the capital and I'm past my theoretical stop loss level now, plus...I'm way overinvested on Imperial due to a rookie mistake.

Can't believe something that generates steady cash gets punished this badly...

[spud] 11/3/2020 15:53

One thing's for sure, when the new broom comes in, it ain't going to be too difficult for him to improve on the share price!

spud

[cassini] 11/3/2020 15:51

Down at long-term support (2008-2009) here. If it doesn't stop here, I don't know where the bottom is.

[essentialinvestor] 11/3/2020 10:44

Having listened to a couple of
the new CEO's conference calls (Inch) he's very sharp.

Mentioned my own take on the dividend previously, think it will be cut IMV only. Luck to those holding.

[purplepelmets] 11/3/2020 10:40

Is the new guy any good at knitting doillies and mittens? Wouldnt want to change anything the the previous elderly ladies used to do in the boardroom.