Imperial Brands Share Discussion Threads

[ken tennis] 18/11/2018 17:33

Well guys where do you think we’re heading on the run to XD on Thursday

[eeza] 17/11/2018 17:21

Harvested - with his chain saw.

[scobak] 17/11/2018 16:11

more like 'nobbled'.

[badtime] 16/11/2018 16:42

That should read 'nibbled'

[badtime] 16/11/2018 16:41

Ta for replyI have nibbles on a few here and some BATS on a 2/1 ratio ...agree that this is better run

[philanderer] 16/11/2018 14:00

Cazenove note today...

We assume a 2% to 12% EBIT downside risk on BATS and 1% on IMB, depending on the % of current menthol smokers switching to non-menthol cigarettes and the menthol consumers’ loyalty to its menthol brands.

Overall, we assume a 90% switch (10pp loss to NGP menthol products) and consumers loyalty to the brand given all of BATS’ menthol brands have non-menthol versions which would help mitigate any decline in usage. Note that at the time of the 2013 “menthol fears”, Lorillard derated by 10% vs. US tobacco.

The agency gives manufacturers the opportunity to curtail by themselves the youth nicotine uptick as it concedes that a ban of ENDS would deny the opportunities for current smokers to switch from combustible.

Yet in the absence of results, the FDA has the power to eliminate any application enforcement discretion to any currently marketed ENDS product (i.e. products would have to come off the market pending FDA authorization through the PMTA pathway).

By and large, the main manufacturers have already announced actions to limit youth access or curtail flavor offerings.

[essentialinvestor] 16/11/2018 13:58

Hi bt, not atm, am tempted. Have held previously throughout the years.
Safer than BATS, and better run, however the dividend % increases are too aggressive
Imv, better to pay down more debt.

Bought a small amount of Lloyd today and yesterday fwiw,
but that could see 50 if this choas continues.
Good time to have cash on hand.

[badtime] 16/11/2018 13:14

You holding EI?

[essentialinvestor] 16/11/2018 13:06

Well the message on vape ...Juul was killing us in the US market,
tighting restrictions may be helpful.

Remember just a few years ago blu was the clear market leader in vape stateside.

[minerve] 16/11/2018 08:55

"We also note today the FDA's proposals regarding menthol cigarettes and flavoured cigars, which would need to be supported by the relevant science and other evidence. Such proposals are likely to require a multi-year process, in which we will be fully engaged."

Coded message?

[speedsgh] 16/11/2018 07:18

Statement re FDA announcement -

We welcome the US Food and Drug Administration's (FDA) moves to prevent youth access to tobacco and vapour products. We share the same concerns and objectives as the FDA: the use by minors of these products is completely unacceptable. Vapour products are for adult smokers and their sale to anyone underage should be prevented. However, we also recognise the challenge faced by the FDA in balancing concerns regarding youth appeal and access, given the positive public health potential of vapour products.

We believe that through our blu product range we offer adult smokers a significantly better alternative than combustible cigarettes and consistently reinforce this message, while at the same time working actively against youth access to, and usage of, our products.

On the FDA's specific actions, we welcome its commitment to standards for effective age verification for all online sales of vapour products; a technology which we already use on blu.com.

We recognise the FDA's concern over age verification at brick-and-mortar retail outlets and will consider further appropriate actions. The availability of quality vaping products like blu in outlets where tobacco products are sold is vital to help adults transition away from combustible tobacco.

We are developing a connected version of myblu with device locking technology and are greatly encouraged by Commissioner Gottlieb's comment on a process to accelerate development and review of vapour products with child protection features.

We also note today the FDA's proposals regarding menthol cigarettes and flavoured cigars, which would need to be supported by the relevant science and other evidence. Such proposals are likely to require a multi-year process, in which we will be fully engaged.

[philanderer] 15/11/2018 15:30

FDA restricts sales of most flavored e-cigarettes to curb 'astonishing' surge in teen vaping, pursues menthol ban


The Food and Drug Administration will restrict sales of most flavored e-cigarettes to stores that prohibit minors altogether or include sections that bar minors.

The FDA will also pursue bans on menthol cigarettes and flavored cigars.
Juul, Altria, Imperial Brands, Japan Tobacco International and British American Tobacco submitted their own plans to the FDA for curbing youth use of their e-cigarettes.

[philanderer] 14/11/2018 14:49

The New York Times
‏
Verified account

@nytimes


Breaking News: Juul will stop selling most e-cigarette flavors in stores and end social media promotion, bowing to FDA pressure to curb teenage vaping

[philanderer] 14/11/2018 13:46

No bounce for this fella :-S

[jrphoenixw2] 14/11/2018 13:43

GBP/USD -0.46% IMP -0.84% at 1.30pm; so much for them supposedly having an inverse correlation.

[philanderer] 13/11/2018 18:11

Oh well , they can pay for it with the £39bn we're stumping up ;-)

[eeza] 13/11/2018 17:44

Trump mocked France, saying they were 'learning German in Paris' in WWII until the US saved them.

[philanderer] 13/11/2018 15:17

dpa news agency @dpa_intl

46 minutes ago

#BREAKING: German Chancellor Angela Merkel calls for the eventual creation of a European army, echoing a similar call by French President Emmanuel Macron

Oh dear :-(

[philanderer] 13/11/2018 10:04

morning ken :-)

13th nov Goldmans 'neutral' tp 3115p

[ken tennis] 12/11/2018 16:59

PHIL I took a few BATS tonight just before close I just couldn't resist.

Im prepared to hold for the long term if I have to but obviously if I get a decent profit capital wise I will reassess.

[loganair] 12/11/2018 13:28

As usual an over reactional Fear of what may happen in the years to come.

[lonrho] 12/11/2018 13:13

Broker comments on ft alphaville markets live suggest a ban would take at least eight years to implement.