Imperial Brands Share Discussion Threads

[speedsgh] 08/11/2016 11:36

"The Board has approved a further interim dividend of 54.1 pence per share and will propose a final dividend of 54.1 pence per share, bringing the total dividend for the year to 155.2 pence per share, up 10 per cent and in line with our policy of growing dividends by at least 10 per cent per year over the medium term.

The third interim dividend will be paid on 30 December 2016 with an ex‑dividend date of 17 November 2016. Subject to AGM approval, the proposed final dividend will be paid on 31 March 2017, with an ex‑dividend date of 16 February 2017."

[philo124] 08/11/2016 11:26

Cheap as chips.

[philanderer] 08/11/2016 10:52

Investment expenditure I guess.


Jefferies analyst Owen Bennett said:

While not set to grow earnings at the same level as peers, it needs to be judged on different parameters, in our view, with too much focus on share trends not doing the name justice. We believe that actions the company has taken has positioned it well to deliver mid-single digit earnings over the medium to long-term (and they committed to this in today’s release).

While bears will likely take the additional investment as a sign of weakness we believe the action should be applauded, taking advantage of supportive foreign exchange, and giving them a greater opportunity to improve momentum of growth brands.

The medium-term outlook and expected 2017 earnings per share growth of over 10% (even with additional investment) is not appropriately reflected in the valuation, in our view, trading on 13.4 times net twelve month consensus PE, over 20% discount to the global space (we also think Imperial could be a take-out target in the next 18 months).

[gucci] 08/11/2016 08:36

why the plunge today

[philo124] 08/11/2016 07:35

Results look pretty good.

[philanderer] 07/11/2016 20:22

Questor 'buy' tip

[philo124] 02/11/2016 10:43

Topped up by 50% earlier, looks cheap vs US Stock ratings plus could be some corporate action given its forward p/e based on 280p eps.

[philo124] 31/10/2016 20:49

Worth watching to top up.

[irenekent] 04/9/2016 09:45

or from £4.50

[philo124] 02/9/2016 19:53

You can , if you already hold from £23.

[spacecake] 02/9/2016 19:00

Impressive move today, just goes to show you can't afford to sit on the sidelines.

[minerve] 12/7/2016 12:24

My own portfolio has held those three for a few years now. IMB and RAI pay dividends four times a year and RAI does seem to have extremely low volatility.

[philo124] 05/7/2016 08:11

Edinburgh Investment Trust.

[philo124] 04/7/2016 18:31

There's an investment trust in my SIPP , tope 3 holdings of the fund are IMB,BATS and Reynolds, needless to say it's done well.
Got in here around £22/23.

[m_k_hubbert] 04/7/2016 17:52

Been holding IMB for several years and recently bought into BATS (as well as DGE and ULVR). Took a hit on a couple of more UK focused stocks after referendum and cut losses but IMB and the others with majority of earnings overseas more than made up for these losses. Trimmed 10% of IMB at end of last week as recent rise had led to holding becoming overweight. Suspect negotiations re single market will drag on and some analysts are suggestion sterling has further to fall. Stocks like IMB are the place to be while such turmoil continues as they produce a reliable stream of earnings in currencies other than sterling.

[philo124] 04/7/2016 12:21

No sorry but glad I hold both for a long time.

[chester] 04/7/2016 09:50

phil0124 - Do you know why BATS is outperforming IMB ?

[philo124] 03/7/2016 11:15

Over the moon with these 2.

[philo124] 24/6/2016 13:45

Bats up by £2 as well.

[speedsgh] 25/5/2016 09:17

Imperial Brands wins upgrade as divis set to grow -

Imperial Brands (IMB), formerly Imperial Tobacco Group, has been upgraded as the US performs ahead of expectation and high barriers of entry to the tobacco industry remain.

Barclays analyst Simon Hales upgraded his recommendation from ‘equal weight’ to ‘overweight’ and increased the target price from £37.50 to £42.00. The shares rose 3% to £37.69 yesterday.

‘Imperial is executing strongly,’ he said. ‘Organic sales momentum is improving and margin/cash generation increases underpin 10%+ dividend growth.

‘Moreover, we are increasingly confident margins will surprise to the upside and that the US is performing ahead of expectations. Given increasingly competitive threats from new entrants elsewhere in staples, the ongoing high barriers in tobacco should continue to protect the profit pool.’

He added the ‘overdone’ regulatory concerns had prompted ‘4% underperformance against staples over the last three months’ and ‘Imperial looks poised for a pick-up’.

[irenekent] 19/5/2016 13:38

I see that all cigs are now to be in plain packs in the UK. Why not just ban them and see how many votes that gets. They could of course just give away empty packs for people to fill themselves. Nanny state again.