Imperial Brands Share Discussion Threads

[spud] 19/5/2020 09:16

I'm pinning everything on the new broom....

spud

[brianbrain] 19/5/2020 09:12

Give the share price a chance spud! Assessing the share price from a divy rebase after 1 hour of trading is hardly fair. Let the new CEO come and see how he reallocates the extra capital before assessing the share price

[daneswooddynamo] 19/5/2020 09:09

Not much you didn’t already know here except debt higher than forecast and they have been more upfront about Covid impact going forward, whereas other tobacco companies have alluded to it but no more.

Also the fact that our new chief exec may not have yet arrived but he is certainly in touch with the board and letting them know he has no problem with them getting the nasty dividend announcement out of the way before he arrives

Will be interesting to see what he does with the non-existent ngp strategy. Might decide not to bother and just run the core which continues to churn out billions of sticks

[loganair] 19/5/2020 09:02

"Overall, Covid-19 has so far had only a small impact on trading but we expect this to be more pronounced in the second half due to continued pressures on our duty free and travel retail business"

[lendmeafiver] 19/5/2020 08:55

They needed to recruit a hard cutting ex-accountant CEO in my opinion.

[eeza] 19/5/2020 08:53

Management to cut remuneration by 33% ??

[buywell3] 19/5/2020 08:50

Chart high looks in

Next trading chart low looks like it is on the way

dyor

[milliethedog] 19/5/2020 08:45

Down 9% now
My chepest i bought in March was 12.68 & 12.92
So a bit to go yet....M

[loganair] 19/5/2020 08:45

Imperial committed what I consider to be one of the biggest cardinal sins of any company, as it even states in it's report - using debt to buy back its shares - is a massive no, no for any company to do.

[kaffee] 19/5/2020 08:38

Most recent price gap is down at about 13.60 ....do'able on this leg ?

[kaffee] 19/5/2020 08:35

Yep, but the company is saving a shed load of cash and gives management the scope to grow dividends for new holders.

Shame for holders already, but it's got to be good for the long term existence of the company I would have thought.


================================
Spud19 May '20 - 08:24 - 4938 of 4940
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That’s what I and others have been saying for ages. Lower dividend to a 7-8% yield and the price simply drops and re-yields the original rate!

It’s all about risk/reward and after all, this is a dividend stock!

spud

[watfordhornet] 19/5/2020 08:28

I am topping up below 1500p.Long term it has to offer a little bit of security vs a lot of stocks these days. When airports open up again and duty free starts flowing again back to normal.

[p0pper] 19/5/2020 08:24

Must of been lying when they said a little while ago that Covid hadn't had a material impact on the business.

[spud] 19/5/2020 08:24

That's what I and others have been saying for ages. Lower dividend to a 7-8% yield and the price simply drops and re-yields the original rate!It's all about risk/reward and after all, this is a dividend stock! spud

[lendmeafiver] 19/5/2020 08:21

Well I was being slightly sarcastic about the 12% but it’s sub £12

[milliethedog] 19/5/2020 08:19

-6% @ 1,552
What share price gives 12%?

[p0pper] 19/5/2020 08:18

Surely a lot of this bad news must carry over to BATS as well?

[lendmeafiver] 19/5/2020 08:16

It will go down to a dividend yield of 12% I expect!

[milliethedog] 19/5/2020 08:09

Oh well
Just replace the xx with tt to read.....
Paste into your browser....

[lendmeafiver] 19/5/2020 08:09

Why they don’t just focus on selling traditional cigarettes with a lower overhead ive no idea.

[milliethedog] 19/5/2020 08:08

hxxps://www.sharecast.com/news/news-and-announcements/imperial-brands-slashes-dividend-by-33-sees-covid-19-hit-in-h2--7501274.html

...not good at this ling stuff, sorry
Tried again....M

[milliethedog] 19/5/2020 08:07

hxxps://www.sharecast.com/news/news-and-announcements/imperial-brands-slashes-dividend-by-33-sees-covid-19-hit-in-h2--7501274.html

Debt up
Selling off assets
Divdend reduced
See's H2 hit badly
Vaping sales down
Duty Free "hammered"

....M

[pineapple1] 19/5/2020 07:55

Can't see many notifiable shorts .