Imperial Brands Share Discussion Threads

[tuftymatt] 29/6/2022 14:27

Yeah this and HSBA are by far my two best looking holdings right now in terms of share price strength as things stand.

[redbaron10] 29/6/2022 13:20

Interesting 'Seeking Alpha' article regarding a Barclay's analyst downgrade to Altria,likening Altria's prospects as a 'melting ice cube' of a business.The JUUL ban and PM's acquisition of Swedish Match leaves Altria more vulnerable than even IMB and Japan tobacco going forward.The analyst argues that the MO share is overpriced and has a potential third downside from where it is now.I can see more consolidation in big tobacco from the five big companies.Even though there are regulatory hurdles to overcome regarding mergers and takeovers,i think PM and BATS are in strong positions while the other three are vulnerable now.PM and Altria a few years back were rumoured to merge back into the original tobacco business they were both spawned from but it never happened.Altria possibly looking to acquire IMB with the pound as low as it is?Japan tobacco and IMB joining forces? Survival,with the traditional cigarette market in inevitable decline being the name of the game,or with younger smokers globally taking up smoking, will this ensure five big tobacco companies can co-exist in the future?

[jrphoenixw2] 28/6/2022 12:39

IMB seems to nudging post-Covid highs today, ie since the first week of Feb-2020.

[redbaron10] 26/6/2022 11:25

Roundabout week for the share price of BATS and IMB.A lot of regulatory news about and prospective legal interventions from the US regarding reducing nicotine levels in cigarettes to reduce their addictive qualities, and also the UK government potentially introducing a progressive annual minimum legal age for purchasing cigarettes to stop young adults starting to smoke.The FDA banning of all JUUL vape products for sale in the US helps Altria's competitors in the big tobacco sector with their prospective sales.The net result of all this,combined with US and UK inflation remaining at elevated levels, could mean we retest the 52 week high of 1888p soon hopefully.

[gateside] 24/6/2022 17:08

Markets beginning to price in a slower monetary policy tightening process by the US Federal Reserve.

[marktime1231] 24/6/2022 16:58

Ahem. Or we will ignore Juul and finish the week strongly!

Did I miss some good news?

[fenners66] 23/6/2022 22:49

From the BBC
The US is banning the sale of all products sold by Juul, one of the country's top e-cigarette companies.

The Food and Drug Administration (FDA) said it did not have enough data to be sure that marketing the firm's products was "appropriate for the protection of public health".

Juul said it would challenge the move.

Altria Group, which took a 35% stake in the company in 2018 for more than $12bn, has been forced to write off much of the value of its investment.

[buywell3] 22/6/2022 20:52

Better late than never, the Food and Drug Administration has announced a ban on most flavored vaping cartridges in an attempt to check e-cigarette use among teenagers and children. In a press release, the FDA said the ban covers fruit and mint flavors, leaving manufacturers only able to produce tobacco or menthol-flavored vaping cartridges.

One hopes a total ban will follow

[action] 14/6/2022 18:01

Look for last year chart b4 and after interim and final divi. Happens same pattern every year. DYOR.

[cassini] 14/6/2022 17:41

Try Chesnara (CSN).

It's dull, but reliable and has a hefty dividend. ~270p would be a good entry point IMO.

[1viky] 14/6/2022 15:59

RIO is good , vey volatile though. Will watch and buy around 50 if it falls. Currently in IMB and M&G. Need one good divident stock to spread out my holdings

[spud] 14/6/2022 15:32

Imperial Brands PLC 18.6% potential upside indicated by RBC Capital Markets



spud

[spud] 14/6/2022 14:54

I'm accumulating RIO, currently yielding over 10%. Although I too hold M&G.

spud

[1viky] 14/6/2022 12:35

I was 100 per in IMB. Did well . But had to diversify. Missed M&G at 1.87.now in at 2.03. Looks good with buyback and dividend cover which I am hoping will go up

[tuftymatt] 14/6/2022 12:29

I would say it's a good choice 1viky as I hold M&G too. It's held up not too bad in the recent downturn and is a solid buy and hold in my book.

[1viky] 14/6/2022 12:26

Sold 45 % of IMB and bought M&G to increase dividend and spread risk. I was too much invested in IMB . Any views

[dmore2] 12/6/2022 07:17

Times up for ESG?
hxxps://www.wsj.com/articles/sec-is-investigating-goldman-sachs-over-esg-funds-sources-say-11654895917?mod=e2tw

[spud] 09/6/2022 16:57

Chuck in a cannabis company and voilà!spud

[dmore2] 09/6/2022 16:19

New super cycle

[fenners66] 09/6/2022 12:34

There is an increasing focus on making the developed world smoke free.

Its going to take a long time but the market will continue to decline.

There is no reason why IMB cannot continue to generate plenty of cash for years to come , but since the emphasis is certainly going to be enforcing the company's decline it would seem to me that after repaying the debt there will be ample future opportunity to buyback the equity for less in the future.

So my point is the buyback is a waste of cash now.
Repay debt, and therefore increase cash profit.
Increase the dividends
When debt is gone increase dividends some more , looks like there will even be an opportunity for some return on cash in the next few years.
Then prepare for industry consolidation , buy up what is left in 5-10years and cut costs prolonging the life of the combined business.

But thinking that buying their own shares which does nothing to boost declining actual profit will ultimately be pointless.