Imperial Brands Share Discussion Threads

[woodhawk] 03/5/2019 16:48

That's good to hear, Fizzy! You too. BTW - have you dabbled in GFRD?

[fizzypop] 03/5/2019 16:22

Joined you Woody at 2347p. Have a good weekend.

[spud] 03/5/2019 12:20

Have to admit taking £25k off the table yesterday. It kinda isn't behaving right esp as we are approaching xd. I suspect we'll test support @ 2300. Hopefully it'll hold....spud

[badtime] 03/5/2019 12:10

I'll add ....but lower down

[p0pper] 03/5/2019 12:04

I think what should be more concerning is that the £ has fallen today and both BATS and IMB have fallen, (as opposed to should have risen) BATS is about level at the moment.

[spud] 03/5/2019 11:21

Approaching technical support circa £23 so you might get yer bounce sooner rather than later!

spud

[woodhawk] 03/5/2019 10:38

Yes, and there will probably be a large bounce 'cos this is well oversold. I'm adding now.

[philanderer] 03/5/2019 09:48

May find out the reason when next wednesday's interim results are announced.

[gabsterx] 03/5/2019 09:01

Why the big sell-off for IMB and BATS?

[kiwi2007] 02/5/2019 13:28

01-May-19 Imperial Brands IMB Jefferies Buy 2,367.50p 0.00p 3,900.00p Reiteration
01-May-19 Imperial Brands IMB Deutsche Buy 2,367.50p 0.00p 3,400.00p Reiteration
01-May-19 Imperial Brands IMB Credit Suisse Outperform 2,367.50p 0.00p 3,300.00p Reiteration

[spud] 02/5/2019 09:03

Modest income = 7.9% yield currently! However, I'd agree with you from a capital growth pov which I'm not invested for.It's also relatively easy to trade. spud

[spud] 02/5/2019 08:36

Dropping on relatively tiny volumes.spud

[woodhawk] 01/5/2019 12:44

... until it isn't. Added to my recent holding this morning ;-)

[philanderer] 01/5/2019 12:38

Seems to be going right down the toilet again. ☹☹

[woodhawk] 01/5/2019 09:16

Thanks, Gary.

[garycook] 01/5/2019 08:30

01 May Imperial Brands Plc Deutsche Bank Buy 2,457.50 3,400.00 - Reiterates

[p0pper] 01/5/2019 07:23

www.ft.com/content/574bbd32-6b71-11e9-a9a5-351eeaef6d84' target='window'>hTTps://www.ft.com/content/574bbd32-6b71-11e9-a9a5-351eeaef6d84

[kaffee] 25/4/2019 22:38

Draw a line through the lowest of the lows over the entirety of the chart...and u end up here or here abouts. So....long at 23.84 today.

Will look again in 2029 assuming I live that long.

GLA

[wunderbar] 25/4/2019 20:58

Well here we are 4 months into the year and IMB's poor run continues. After 2018's dire performance I was hoping 2019 would offer some hope of a turnaround but alas still no sign of a decent recovery. At 2413p we're not far off multi year lows which is most concerning. Saying that though I simply couldn't resist buying more at these levels (but still looking to offload 40-50% of my holdings should we ever get back to those heady heights of 3000p).

It seems 2650p has been a sticking point in recent months so any sustained breakthrough beyond this level could signal a long overdue breakout. Whilst we all know regulatory threats have hit tobacco stocks hard over past year (and acknowledging sector is still out of favour) it should be noted BATS ytd share price is up 17% whereas IMB is up a meagre 1%. If we applied BATS increase to IMB we'd have a share price of almost 2900p and everyone would be happy!

Come next trading update I expect firm news on IMB's £2bn divestment programme - this was first mooted in May 2018 with a timeframe of 12-24 months. Needless to say we're 12 months in and still awaiting significant news.

Lastly, whilst acknowledging the 10% dividend increase is very generous I'd rather settle for 10% capital appreciation instead. Until next time.

[stewart64] 25/4/2019 16:18

Added some here (just) for the first time for a while to fill out my account. So many dogs to choose from, toss up between Saga, Tui and here.

[spud] 25/4/2019 13:46

7.9% yield currently!Yikes!!!!spud

[philanderer] 18/4/2019 23:25

Market report: US cigarette legislation drags on BAT

Cigarettes giant British American Tobacco stubbed out recent gains after the US senate majority leader unveiled plans to raise the minimum age to buy tobacco products to 21 from 18 across the country.

Republican Mitch McConnell said the bill will also include vaping products, warning of “epidemic levels” of young people smoking. The legislation will be brought to Congress in May and is the latest in a string of regulatory clampdowns in the US that have rattled tobacco shares.

The US Food and Drug Administration has targeted teen vaping and menthol cigarettes as part of its plans to curb smoking levels in recent years.

Big Tobacco suddenly turned lower in afternoon trade on the plans as British...

...Golden Virginia maker Imperial Brands edged 19.5p lower to £24.91 as the two tobacco giants dragged the wider FTSE 100 into the red