Imperial Brands Share Discussion Threads

[spud] 28/1/2021 16:58

Frustrating. General Market down 0.6% IMB down 3.7%. So much for defensive stocks...spud

[watfordhornet] 28/1/2021 16:42

Why is IMB being hit so heavily? Thought it should be realtively defensive

[daneswooddynamo] 28/1/2021 16:32

The UK market is having one of its all too regular sales

[krowelet] 28/1/2021 16:13

Not a lot by the look of it.

[spud] 28/1/2021 16:13

Someones having fun with this....

spud

[rumpy pumpy] 28/1/2021 14:24

JPMORGAN RAISES IMPERIAL BRANDS TARGET TO 2,000 (1,900) PENCE - 'OVERWEIGHT'


For what its worth

[daneswooddynamo] 28/1/2021 11:59

Been buying some too this morning, personally delighted to see a focus on core competence and a more circumspect approach to ngp given they are up against much bigger competitors. Rebased dividend secure, 8.5 percent plus yield to start and still able to retire debt at half a billion a year

[1airbag] 28/1/2021 11:37

bought a few of these today in the 1540s.
I have watched IMB for a long time now.

[muscletrade] 28/1/2021 09:06

So existing dividend is secure and well covered/set to increase and currently almost 9% yield. very attractive for new investors looking for yield.(IMHO)

[muscletrade] 28/1/2021 08:58

What DJ news don't mention Spud is that while Stefan introduced plan to return excess capital he also made it clear in the presentation that this will not happen until such time that they have reached their target on debt reduction and achieved investment grade status.So return of excess capital is not going to happen for quite some time yet. Meantime we can expect "routine" increase in regular div starting this year, and more blue sky ahead as IMB get their act together and execute on the new plan.

[spud] 28/1/2021 08:35

Rewritten and issued the DJ News again. And there was me thinking revenue is vanity whilst profit is sanity... Imperial Brands Sets Strategy to Spur Profit, Grow Dividend Through to 2025 -- UpdateSource: Dow Jones News--Imperial Brands to return excess capital to shareholders via share buybacks, special dividends--Targeting GBP100 million-GBP150 million annual cost savings by end fiscal 2023--Company expects revenue to grow 1%-2% between fiscal 2020 and fiscal 2025spud

[minerve 2] 27/1/2021 21:46

I do have a plan Dartboard1, and don't get me wrong, if you want to sell out then you are fully entitled to have your own opinion as a shareholder. I just think that opportunities for long term investment for small PI is getting smaller and smaller everyday. We need to hold onto the ones that still exist. :)

[creditcrunchies] 27/1/2021 21:29

I think there's an opportunity to buy some cheap stock across the board soon I'm just going by the indices though ref the weekly bar and seasonal trend reversals

[dartboard1] 27/1/2021 21:22

Good work then. Sounds like you have a plan

[minerve 2] 27/1/2021 21:07

I am invested in PM, MO & BATS, but none of them give me near c20% FCF to price paid like Imperial do. I would rather that flow to me year in year out compounded than to sell out to JT or a PE group for something like a paltry 40% premium.

[dartboard1] 27/1/2021 19:50

I think 2-3 years of fat dividends and then a takeover premium would suit most investors here. If you want a tobacco company that won't get taken over you should be invested in PM, MO or BATS...

[spud] 27/1/2021 19:45

Indeed. Happy to hold and only top slicing at £25. If that takes 5 years, so be it and I'll happily pocket the £104k in dividends for waiting. spud

[minerve 2] 27/1/2021 18:35

"It’s the debt that’s stopped a take over bid... so hopefully in a couple of years paying down we can start hearing take over talk again"


NO!

Please not.

Takeover would mean you get a pathetic pay day and that's it.

If something is paying you good money, year in year out, you get to learn the company and you are familiar with everything, why on Earth would you want to sell it for a small short-term gain? I just don't get that mentality. I find it rather stupid quite frankly.

[daneswooddynamo] 27/1/2021 18:03

Worked for her

[action] 27/1/2021 17:34

IMB management is to be blamed as they keep on increasing divi every year well aware that debt is going to be problem in future.

[dartboard1] 27/1/2021 17:28

Boring, but smart... will keep topping up every now and then below 20.It's the debt that's stopped a take over bid... so hopefully in a couple of years paying down we can start hearing take over talk again

[muscletrade] 27/1/2021 17:12

Mostly dividends and for the next few years debt reduction as they want to obtain investment grade status. it is only after they obtain IG will they then move forward with special divs and/or share buy backs. meanwhile the regular dividends will be increased starting from this year.