Imperial Brands Share Discussion Threads

[daneswooddynamo] 05/6/2020 10:17

Personally I doubt he said that Stefan Bomhard only took over as chairman a year ago given he has yet to join the company and will actually be the chief executive!

[philanderer] 05/6/2020 09:57

Liberum eyes Imperial Brands momentum

Imperial Brands (IMB) has the chance to build more momentum and restore lost value, earning back the market’s confidence in the process, says Liberum.

Analyst Nico von Stackelberg reiterated his ‘buy’ recommendation but reduced his target price from £29 to £25. The shares fell 2.4% to £14.83 yesterday.

He said Stefan Bomhard only took over as chairman a year ago but had already taken ‘decisive action’ to improve the company.

‘We commend the plan to de-lever, to agree the sale of Premium Cigars, and to improve next generation products discipline,’ he said.

Von Stackelberg said the chairman had ‘a great opportunity to build upon the board’s momentum and to restore lost value by focusing on disciplined capital allocation and earning back the equity market’s confidence’.

[cassini] 05/6/2020 00:13

dmore2,

I can't read Spanish but I presume the takeaway from that chart is we've hit the multi-year support level of 2008-2009 once already (just below acually) and are ready to touch it again (and bounce off?).

[dmore2] 04/6/2020 23:16

this chart
hxxps://invertiryespecular.com/2020/06/03/vistazo-tecnico-a-scottish-southern-energy-e-imperial-brands-en-el-mercado-britanico/

[eeza] 04/6/2020 20:29

The new CEO needs to get the long term chart turned upside down.

[jrphoenixw2] 04/6/2020 19:42

Stevey82: 'I first started investing in this share a year ago, the posts I was reading on here I thought these people must know what they are talking about so I jumped in...'

Randomers are posting here on ADVFN every day so obviously they're market gurus? You are going to get scalped.

[minerve 2] 02/6/2020 17:59

I’m starting to wonder whether IMB is starting to position itself for a future takeover. Disposing of non-core business, reducing the debt, cheap valuation, cheap £, very low interest rates.

[minerve 2] 02/6/2020 17:53

Stevey82

Don’t follow the share price, that is a big mistake. Follow the business. This is generating great cash flows and quite frankly as an investor on a 10% dividend yield I would like to see buy backs happen big time. They could remove one third of the equity quite easily over a 10 year period over and above the dividend. I hope the share price moves much much lower because I can sit on a 10% dividend yield for a very long time and the benefit to us long term holders would be enormous once they start the buy backs.

[spud] 02/6/2020 16:15

Steve - Give the new man time to get his arms into his smoking jacket and reappraise in twelve months.

spud

[action] 02/6/2020 15:56

Atleast it is paying Divi.

[stevey82] 02/6/2020 15:52

I first started investing in this share a year ago, the posts I was reading on here I thought these people must know what they are talking about so I jumped in, what a mistake that was, the majority of you couldn't track elephants in the snow never mind pick a decent stock

[action] 02/6/2020 15:26

Anyone has chart support and resistance level pls?

[gavin3004] 01/6/2020 18:31

I'm not sure about this stock now. I think the whether or not this stock has a future will depend on its prospects for future revenue streams. I was reasonably certain there were no good prospects but if cannabis is legalised more widely in the future that could be a game changer. I was intrigued by the following article hxxps://www.cantechletter.com/2020/05/auxly-cannabis-will-dominate-cannabis-2-0-says-raymond-james/

[spud] 29/5/2020 15:06

Certainly responding positively to the news.spud

[action] 29/5/2020 14:39

May be this could be turning point legalisation of cannabis is takes off in states. DYOR.

[action] 29/5/2020 14:30

Cannabis legalisation by USA states are on card to create extra income due to COVID19. CNBC discussions.

[irenekent] 27/5/2020 16:24

xd tomorrow.

[minerve 2] 27/5/2020 11:13

Well the volumes still seem to be holding up well.

This share is generating the best part of 20% FCF to share price.

[lanaken] 27/5/2020 10:37

The worry about Imperial is that it is well established in the US and Europe where smoking is declining, and its offer there for new replacement products isn't very strong and quite poorly represented in emerging markets where smoking is increasing or still at very strong levels amongst the young.

As Terry Smith says you won't get a good idea about what is happening in global markets by looking around London or New York. Unfortunately Imperial doesn't have a strong offer in growth areas for nicotine and this is why the shares are cheap relative to competitors. That's where you end up after 10 years with a CEO and a board who weren't up to scratch. Hopefully that will change quite quickly soon.

[minerve 2] 27/5/2020 10:37

World population grows and the growth areas move to middle classes and the lifestyle they look towards drives premium brand interest. Meanwhile in the over indebted developed countries you are probably going to see more bifurcation. Skint people - those made unemployed by Covid/Brexit and general economic malaise - will be interested in reducing costs and buying 'roll your own' and 'make your own'. Those who have healthy finances will seek healthier lifestyles and will buy Reduced Risk Products.

I really like the Phillip Morris iQOS. I think the name is great, it seems a lot of thought went into this, good marketing IMO. More importantly it is a RRP that allows the strong brand like Marlboro to continue to capitalise on the 'economic goodwill' it has built up over decades.

I can't understand why some tobacco companies were ploughing millions into complete new branding whilst they were migrating to NGPs and were content to let both the accounting goodwill and economic goodwill die off by not attempting to migrate the great brands with it. I'm no smoker, but for example, John Player Special - what a great brand - are you just going to let the open vape community kill it off?

[creditcrunchies] 27/5/2020 08:35

Read the bulletin boards the tobacco market is declining, read the analysis and global trends it's booming. You have to have a laff about it. We come here because we love the banter on these boards we don't come here for investment advice that's for sure

[creditcrunchies] 27/5/2020 08:22

I don't know where you get this info about tobacco revenues declining, you can't just look at USA and Europe you know. If you check out global tobacco trends the revenues are expected to rise from $690 Billion in 2018 to almost $1000 Billion by 2026. Hardly a declining market

[minerve 2] 23/5/2020 11:37

Not really. It depends what the intrinsic value is.

[jezza123] 23/5/2020 10:01

well since no one seemed to know about the cannabis business - I answered my own questions.

On 16 December 2019 the Group made a further investment in the Auxly cannabis business, purchasing 6 million equity shares for a consideration of GBP3 million. As at 31 March 2020 this equity investment has been revalued to GBP1 million, based on the open market price for the shares.

Oh dear.....