Imperial Brands Share Discussion Threads

[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 :-

.

[eeza] 01/4/2020 15:10

Lol - Link - but you may be right.(or not)

[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 .

[zztop] 01/4/2020 12:13

Oh nearly forgot GoogleEvent 201

[zztop] 01/4/2020 12:10

First they took the intrest payment on peeps bank depositsThen they took the dividendsAnd still peeps stayed happyThen they told businesses to borrow money from the banks at 30% interestStill peeps clapped at there front doors and felt happy

[dogwalker] 01/4/2020 11:18

Are we sure about that Holts? Long-term smokers are a disproportionatly small number in the corona fatalities. Or so some source said. Others suggest the opposite, as I think you are.

[spud] 01/4/2020 11:17

A great defensive stock (albeit greatly undervalued).

There's not a lot that will continue with dividends this year aside from oil, drugs and smokes imo.

Just watch the PFMs switch out to those sectors in the coming months.

spud

[holts] 01/4/2020 11:12

I assume in this worrying situation people will possibly smoke more , although thatbis the last thing you need to be doing .

[holts] 01/4/2020 11:11

I do not see why they have written to insurers , if you had not requested pandemic cover which is not in standard policies you can not expect cover , or do they just see insurers as another type of bank a la ppi

[irenekent] 01/4/2020 09:44

I trust that over-paid executives will be taking huge pay cuts.

[gary1966] 01/4/2020 07:43

Until the PRA/BOE write to the tobacco companies saying that they should hoard cash so that they can help their customers in unprecedented times!!

I see that they have written to the insurance companies as well, who have never received government funding, are well capitalised and seemingly are little affected by all that is happening. I just feel that the government is maybe lining up that the private sector picks up the tab for a lot of what they are promising. So that all are treated equally can those that live off their dividends claim 80% of those that are lost as a result of the current situation?