Imperial Brands Share Discussion Threads

[north sea boy] 30/9/2020 20:00

I am with HSDL (part of Lloyds) and have not received either my IMB or PLI divis that were both due today.

HSDL used to be very efficient, with divi usually in account by noon on the day, but I have noticed that they are getting slower over the past 6 months or so. I had one that was two days late back in July I think.

There can be no good reason for this inefficient service IMHO.

NSB

[stevey82] 30/9/2020 19:11

Still do t have mine with Lloyd's share dealing hasn't been this late before

[1airbag] 30/9/2020 15:31

I thought they wanted circa £2 billion for their luxury cigar brands...?
1.225 Billion euros is a far cry from that.

Talk about desperation.

[creditcrunchies] 30/9/2020 12:41

got my divi payment on this one £834

[creditcrunchies] 30/9/2020 12:38

if you look at the debt clocks of Germany, France, Spain, Holland, UK add those up it comes to about £15 Trillion of debt, the USA is currently around $30 Trllion in debt. If you total it up globally it is probably over $100 Trillion of sovereign debt that is never going to be paid back. The financial crash was just a tea party in comparison. It's going to be Weimar republic printing, hyper inflation then a depression

[philanderer] 30/9/2020 00:18

🍻 👍

[creditcrunchies] 29/9/2020 23:39

I wouldn't bother everything is going down the sh1tter once this free money burns out just look at how many are out of work globally. Peeps will get so depressed they'll start smoking

[minerve 2] 29/9/2020 14:51

Interesting to know what that €250M vendor loan is secured against.

I have some catching up to do. Been outside attending to the house/garden before the bad weather sets in.

[buywell3] 29/9/2020 09:15

imo next leg down has started

[creditcrunchies] 29/9/2020 00:31

it's certainly not buywell

[lendmeafiver] 28/9/2020 12:11

Wonder who the buyer is.

[meijiman] 28/9/2020 12:00

Please take it off our hands and we will pay you to do so. Wonder if this was concocted by the recently departed muppet ceo.

[holts] 28/9/2020 11:14

Take the second deposit and hope they then can not complete , a useful addition to cash position and a profitable asset still to sell

[ladywormer] 28/9/2020 11:12

Good Heavens - which party is the most desperate?

[spud] 28/9/2020 08:35

Imperial Brands PLC provides an update on sale of its Worldwide Premium Cigar BusinessesAs previously announced in April, Imperial Brands plc ("Imperial") agreed the sale of its worldwide premium cigar businesses ("Premium Cigars") for a total consideration of EUR1,225 million, of which net cash proceeds of EUR1.1 billion will be used to reduce debt. Given the challenges caused by COVID, Imperial has agreed to complete both transactions on 29 October 2020, slightly delayed from the original timetable.Gemstone Investment Holding Ltd and Allied Cigar Corporation, S.L. (the "purchasers") have made a non-refundable down payment of EUR91.7 million to Imperial. In addition, the purchasers have agreed to pay a further non-refundable down payment of approximately EUR85 million to Imperial by 7 October.Imperial has also agreed to provide a six-month vendor loan at completion of up to EUR250 million while the purchasers finalise long-term financing arrangements. All other terms remain in line with the announcement of 27 April.spud

[garycook] 25/9/2020 13:54

CC,Should be 48p each.Giving a total of 137.7p,for the year with the two payments of 20.85p.

[creditcrunchies] 25/9/2020 12:49

talking about returns the divi payout is next week. Soon they announce (typically 1st week of November) the 3rd qtr and Final dividend prices, these are the largest two dividends usually.

[spud] 23/9/2020 11:07

Yes but they never buy them back at silly prices! Companies implement a buyback program and buy until the money’s spent regardless of the price!!

If they could do a PI type buyback whereby the share transactions are triggered at predetermined levels then I would tend to agree.

spud

[minerve 2] 23/9/2020 10:37

I've always said tobacco companies should be encouraged to buy back shares. Let the price go lower, much lower. Let the companies buy back the shares at silly low prices. The FCF is more than enough to pay out the dividend AND deliver buybacks. If tobacco/NGP sales hold up then this will be one of the best investments on the LSE for the next 5 years or more.

[hernando2] 23/9/2020 08:47

Buy backs...recommended for BATS and IMB, if II’s wont buy then the companies should..

that will get a few posters gnashing their teeth..

[spud] 23/9/2020 08:41

IN THE KNOW: Big Tobacco Can Buy Selves Back Into Investor Good BooksSource: Alliance NewsBank of Canada upgraded British American Tobacco and Imperial Brands to Outperform from Sector Perform, believing the tobacco majors are able to...spud

[philanderer] 22/9/2020 10:12

RBC RAISES IMPERIAL BRANDS TO 'OUTPERFORM' (SECTOR PERFORM) - PRICE TARGET 1,900 (1,800) PENCE

[lendmeafiver] 21/9/2020 20:55

news.sky.com/story/number-of-people-quitting-smoking-at-ten-year-high-thanks-to-change-in-attitudes-during-covid-19-pandemic-12077840