Imperial Brands Share Discussion Threads

[action] 31/8/2024 11:39

My target 2200p is near. Not sure yet if I should crystallised my losses now. Cost is well above 3500p. Goldmine conviction buy at 3800p. LOL.

[tuftymatt] 23/8/2024 12:37

Let's hope so LLB

Good luck all 👍🏻

[laurence llewelyn binliner] 23/8/2024 12:31

The chart looks better now, ready for the next leg up, dividend in the bag and the 2 big ones to come, lets see where it turns up again.. :o)

[huckers] 23/8/2024 10:47

Ex dividend was yesterday, the 22nd.

[jrphoenixw2] 23/8/2024 10:36

The div is 22.45p XD today, pay date 30/9.
On the SP, 2190 seems a high to watch...

[tuftymatt] 22/8/2024 10:09

Yes another divi payment to look forward to late next month.

Would expect a small drift now, possibly sub 2100, before a challenge of 2200 next month now when I am sure divi reinvestment will kick in.

Good luck all 👍🏻

[southwinds] 22/8/2024 09:02

Ex divi today 22-86p.

[tuftymatt] 19/8/2024 21:04

Looking good for a challenge of 2200 ahead of the divi I think.

Good luck all 👍🏻

[laurence llewelyn binliner] 12/8/2024 07:54

22.08.2024 XD, we will see how far it runs before as buyers look for yield and then the next 2 dividends are the big ones.. :o), 26.09.2024 XD at BATS..

15.05.2024 - given the highly cash-generative nature of the business and our current valuation, we remain committed to a progressive dividend policy and an ongoing buyback programme, which will meaningfully reduce the capital base and generate significant shareholder returns.

In line with the ongoing, multi-year share buyback programme announced in October 2022, we initiated a further GBP1.1BN of share buyback programme in October 2023. In the period, we repurchased GBP604M of the 1.1BN share buyback underway in FY24.

So where do we go from here..? 4100 high in 2016, 1250 low in March 2020, 2500 by FY24..? stick sales are declining, next gen and vape are growing and the buybacks continue every day through to end of September (so far), then the next BB from the FY24 results .?.

[tuftymatt] 12/8/2024 07:37

Ex divi soon here monty so I would expect a run closer to 2200 / the high seen in late 2022

Defensive stocks / high yielders are coming back into favour after the recent tech bubble being deflated somewhat and this one is good to own alongside BATS in my opinion so as not to have all your eggs in one basket in this sector.

Good luck all 👍🏻

[montyhedge] 12/8/2024 07:13

Nothing stopping this share, Bats being left behind, strange.

[action] 31/7/2024 18:34

Usa is. Good day so far.

[tuftymatt] 25/7/2024 08:58

Good to see high yielders / defensive plays such as this and BATS being picked up again while the US tech sector takes a bashing.

Good luck all 👍🏻

[irenekent] 24/7/2024 18:38

Market is losing its upward momentum since Starmer & co. got their fingers in the till. Looks like with more power for mayors means Khan is going to wreek even more havoc than he has already done. The lunatics are running the asylum.

[laurence llewelyn binliner] 22/7/2024 09:44

Through 2100 again... :o), and now a zig-zag up to the next level..

[philanderer] 22/7/2024 09:20

Imperial Brands impresses Columbia’s Smith


Imperial Brands (IMB) is ‘attractively valued’ given the progress it is making on its five-year transformation plan, says Columbia Threadneedle manager Jeremy Smith.

The Citywire Elite Companies AA-rated tobacco giant is the top holding in Smith’s CT UK Equity Income fund where it makes up 7.3% of the £3bn portfolio. The shares softened 0.1% to £20.92 on Friday, but have gained 16% over the last 12 months.

Smith said that the shares enjoyed a boost after the half-year results in May where the company highlighted increasing market share and growth in revenue from next-generation products, along with pricing power in tobacco.

‘While we are mindful of increased political focus on curbing cigarette sales as a potential headwind for Imperial Brands, we feel that the resulting impact on the company’s annual profits is likely to be very small,’ said Smith.

Added to this, he said the stock is ‘attractively valued and boasts a high dividend yield’.

‘Imperial Brands is on track to meet its full-year guidance and to deliver on a £1.1bn share buyback as part of its ongoing programme of capital returns,’ he said.

‘The firm has also made good progress implementing its five-year strategy to transform the business, following changes to the management team over the past few years.’


citywire.com

[spud] 18/7/2024 14:46

I've been steadily selling into the rise as I was well overweight here. Now down to 10k which is far more manageable.

spud

[marktime1231] 18/7/2024 13:17

£21 who would have thought it in a week when the bill to criminalise smoking in the UK was re-tabled. Up £4 in 4 months. The rate at which institutions with a conscience are selling down being exceeded by the relentless buyback programme? Can't imagine anyone else is looking to offload based on this sort of performance, an outlook which includes a progressive 7% yield and the prospect of industry consolidation at some stage. Unless folks are tempted by the capital gain. Having to remind myself this is a long term hold at least until we get to £25.

[philanderer] 18/7/2024 09:41

Jefferies analyst Owen Bennett takes no view on the outcome of the U.S. election in November, but thinks it is worth considering implications of a Trump presidency, which the analyst thinks would be a net positive for tobacco stocks, especially regarding U.S. market dynamics.

The firm sees meaningful actions against illegal Chinese vapes as arguably more likely under Trump, while it also thinks there will be less appetite for pursuing rules for a menthol ban and non-addictive nicotine levels, the analyst tells investors.


tipranks.com

[montyhedge] 04/7/2024 09:44

Poor old Bats missing the buyback party.Can't be because of debt, look what the ITC stake is worth.

[laurence llewelyn binliner] 30/6/2024 13:24

#jrpheonixw2, the share price will most likely follow the TA/fib S/R levels, big cap high volume shares usually do, my point was really that I expect to see the next leg up towards 2100/2200 underway with some stops along the route..

The long term chart trend off the Covid lows of Easter 2020 is still intact.. :o)

[jrphoenixw2] 29/6/2024 20:24

How about some next levels based on facts, vs whims?
TA/Fibonacci/weekly, up/down levels a/o this pm:
R3-2095.67
R2-2069.12
R1-2052.72
PP-2026.17
S1-1999.62
S2-1983.22
S3-1956.67
Source:

[laurence llewelyn binliner] 28/6/2024 09:15

Next leg up to 2100/2200... :o)