Imperial Brands Share Discussion Threads

[cool hand kev] 31/3/2020 13:09

Thanks Guys I sold at 14.825 and may buy back in later or switch to elsewhere?

[spud] 31/3/2020 13:02

kev - I wont recommend but banks, retailers and construction are all no go atm for me. I'm yield biased though.

spud

[daneswooddynamo] 31/3/2020 12:48

A reassuring update. Still expecting a rebasing for the divi by 30-40 percent going forward but that will look stellar compared with most companies over the next 12 months

[basem1] 31/3/2020 12:40

Guys there's an article on iii that Morgan Stanley did. Some of the safer higher yielding as follows DLG BAT ULVR VOD NG. I also like Mondi They mentioned Sainsbury's and Morrison's too but not a sector a favour This looks good here though and I am hoping to buy this afternoon as cheaply as possible

[cool hand kev] 31/3/2020 12:25

Spud: So what would you recommend?
I didn't qualify for the dividend here so I'm considering taking profits,

[spud] 31/3/2020 12:19

Indeed. I sold off 2/3rds of my INL holding yesterday on that dividend announcement.

The rest of my holdings I think are as secure as they can be in this market.

spud

[muscletrade] 31/3/2020 12:16

It is not only the bank dividends that are at risk. Even a very quick analysis of the footsie constituents gives me a list of at least 30 companies that will or already have reduced or cancelled their divs. Think house builders, retailers , property reits, manufacturers, airlines etc it is a long and very ugly list.

[spud] 31/3/2020 11:52

If the Banks all cancel or delay dividends, there's going to be an awful lot of pension fund managers attempting to take up the slack with stocks like this.

spud

[eeza] 31/3/2020 11:46

Very encouraging rise this morning, but IMB has an annoying habit of giving it back in the afternoon. But maybe not today !

[lendmeafiver] 31/3/2020 11:18

I always enjoy the IMB and BATS dividend days, reinvested this morning also.

[tomleafs] 31/3/2020 10:31

With all the dividend cancellations lately is it time for income funds to rotate back into tobacco? They just need time to think of a new buzzword to replace ESG...

[spud] 31/3/2020 10:29

Expecting 9.3k in the dividend account when I eventually drag my @rse up the stairs and settle into the morning routine. spud

[philanderer] 31/3/2020 10:27

One of the few remaining dividend payers in my lot

[wskill] 31/3/2020 10:24

I really like our 15% yield and now a capital gain as well oh dear the silly children in the city ,our pockets would be empty without them.

Back to an 8% yield then even that is a tad high.

[cool hand kev] 31/3/2020 10:20

So how far do we expect this rally to last up 12% today?

[32campomar] 31/3/2020 09:37

Saw an interview with an income fund manager last week, he was claiming that it's the toughest he's known for dividends being pulled. His fund doesn't own tobacco stocks. Bordering on negligent, and he will be raking in fees too.

[cool hand kev] 31/3/2020 08:53

Yes progress is a bit better today :-)

[eeza] 31/3/2020 08:31

Better day than yesterday, spud !

[32campomar] 31/3/2020 08:13

At long last are we about to see a rerating. Still a monster Yield & now looks safe.

[spud] 31/3/2020 08:08

It's what a defensive stock is all about!spud

[hydrogen economy] 31/3/2020 08:06

I doubt many businesses can say COVID has had no material impact to date. The comments on continued supply to retailers in Italy, France and Spain probably best not highlighted in current situation.

[skinny] 31/3/2020 07:29

.

COVID-19 and Current Trading

Although the economic and social impact of COVID-19 is developing rapidly, there has been no material impact on Group performance to date and current trading remains in-line with expectations.

Our primary focus is to protect the health, safety and well-being of our employees. Our operations benefit from a diversified supply chain and factory footprint, which is prioritising the manufacture of major product lines to build contingency stocks. Our distribution business, Logista, which serves Italy, France and Spain has increased the levels of finished goods stock in its regional distribution hubs and continues to deliver product to retailers.