Imperial Brands Share Discussion Threads

[redbaron10] 10/1/2022 20:03

Cutting the dividend by a third and the new management's focus on key brands and products in key markets has been infinitely sensible after the last CEO's folly of putting far too much emphasis on NGPs in an uncertain regulatory environment at the time.The lead acetate scandal through illegal vaping products purchased over the internet, and the deaths of some unfortunate youths in the US, did irreparable damage to confidence in flavoured vaping products and forced the FDA in the US to act.It left IMB to count the costs and losses of some poorly timed investments in the NGP space.The new CEO has steadied the ship and the results have followed.

[saltaire111] 10/1/2022 16:53

IMB looking really bullish now. A lot of the money that’s been made in tech over the last few year will get “banked” in stocks like IMB over the course of the next few months while investors sit in their hands for a correction.

Salty

[spud] 08/1/2022 08:58

Yes debt reduction is in progress and prioritised over pointless buyback program which is sensible.I've high hopes for this during 2022/23 and think with the ongoing re-rating, holders will be handsomely rewarded through both growth and yield.spud

[dmore2] 08/1/2022 00:35

Debt pile reduced From 14£B to 9£B with a PE of 5.5 no other company approaches this companies value

[lendmeafiver] 08/1/2022 00:30

But the debt is not large vs earnings, so management could reduce debt further, below x3, before buy backs, if rates really increased faster than expected.

[chucko1] 07/1/2022 23:03

They have a sophisticated treasury who will have hedged, for sure. My point above was a wider one than simply IMB.

[spud] 07/1/2022 22:49

Higher interest rates don't necessarily benefit the likes of IMB with a large debt pile...spud

[chucko1] 07/1/2022 22:39

Higher rates will benefit UK large caps, with the FTSE having a wide spread of these in banking and commodities. This is the view of Goldman Sachs - not always correct, but feel free to choose between them and Porsche.

I can see tech losing at least 50% in a severe interest rate squall, the probability of which increased significantly upon the release of Wednesday's Fed minutes.

[shouldhavesold] 07/1/2022 17:18

Someone said knows him he works in a bar
Lol, ties in with his post times
So not the investment guru he makes out to be.

[1viky] 07/1/2022 14:25

Money moving to value stocks due to potential interest rates hike. IMB will benefit hugely.

[dmore2] 07/1/2022 13:24

Lets hope hes fully invested in bitcoin, dandruff will fall from the head and shoulders

[spud] 07/1/2022 12:35

He's like a rain jacket : Only comes out when it's raining. When the sun shines, he hides away like the Gollum he really is...

spud

[marktime1231] 07/1/2022 12:30

A terrific and brave argument in favour of large cap high tech growth over value and income stocks, thank you for keeping us grounded. Given the way growth stocks have been taking a pounding facing into the headwind of inflation, the no-brainer choice SMT down 22% over 3 months for example, your confidence is presumably based on the long-term.

You don't think IMB has bottomed then, that the trend from here is generally upwards albeit some dips on the way. £14 more likely than £20 this year and maybe next but what about the eight years after that? Is £14 more likely than £18 too? The announcement of a fledgling buyback might change the mood. I note in contrast to SMT good old IMB has risen 10% in the last 3 months while (because it is) paying big.

The trouble with super growth stocks like Fbook / Meta, which don't pay an income, is you have to be clever (lucky) twice ... you have to decide which are the right stocks to buy in the first place, and then you also have to decide which stocks to sell when you need to draw. Or do you not need to draw, keep on accumulating so you end up the richest man in the graveyward. Those of us pensioners are very grateful for the steady high income which IMB provides. All we have to decide is when to buy some more because the share price is such a bargain, or when to trim some because it looks like there is a cycle coming.

If you had reinvested in IMB (what you sold at £29) when the share price was dragging in the low 12s during 2020 you would have more than doubled your holding, enjoyed a 35% gain since, and be getting a dividend equivalent over 11%. Every year. And rising.

So yes then this is a tremendous pensioner stock, about the best there is right now. It serves a very different purpose to the stocks you advocate. It doesn't make one choice good or the other bad. Just different. Let us celebrate and appreciate that.

ps if we see £14 again that would be a tremendous buying opportunity which even you might consider.

[scobak] 07/1/2022 12:15

I think you have a mental problem P1945. You were amusing but now you are getting tedious in the extreme. Bye bye - you have been filtered.

[spud] 06/1/2022 15:15

Definitely into breakout territory.

spud

[dmore2] 06/1/2022 15:11

looks like it could test 16:80 gl

[philanderer] 05/1/2022 15:47

'New setback for government plan to control tobacco'

The government has further delayed the launch of the long-promised tobacco control plan for England, raising renewed concerns that it risks further missing its 2030 “smoke-free” target.

Ministers had said in December 2020 that it was planned for July last year and Maggie Throup, the new public health minister, promised in November that it would be published “soon”.

[spud] 31/12/2021 08:35

Failed under the previous management regime yes, however the strategy under the new executive leadership team headed by Stefan is just starting to bear fruit.I'd give them the benefit of the doubt for now whilst the dividend continues to appreciate alongside the price.spud

[purplepelmets] 31/12/2021 00:53

Given that we failed in Next Gen products, and given that traditional coffin nails are being phased out - see woke hellhole NZ - already imposing a partial lifetime ban on people buying ciggies. We have a problem.
Simple solution if we act fast enough. A fast hostile takeover of consumer goods producer/importer Supreme brands(mkt cap only 270m vs our mkt cap of 15Billion +). They own 88vape the Uk's best selling vape, and other cannabis related websites/products that could also be future earnings enhancing. Sell off Supremes vitamin/supplements/battery divisions and IMB would be left with a bestselling vape line for free.
So simple in theory. Just make sure we do this and guarantee a prosperous future before BATS or one of the big US firms does it 1st.

[luderitz] 30/12/2021 22:56

Deep joy 😅

[marktime1231] 30/12/2021 22:55

The divi tomorrow will be very welcome, what we are here for, and the next one.

[spud] 30/12/2021 20:03

Fags and oil is a pretty safe bet! spud

[lendmeafiver] 30/12/2021 18:46

Yep, I’m reinvesting in IMB this time.