charlus
06 Jun 2018
Re: Price Drop - question Folks,I have no concrete info on this issue, but my gut feel is that big tobacco is sitting waiting on the sidelines to see which of the "next gen" vape suppliers gets a critical mass and then buy them! Watch them all beat themselves to pieces and then step in with their undoubted financial muscle and buy up the winners, rebrand them to the vape equivalent to Marlboro, Camel, Dunhill, and, for the oldies, Number 10, Kensitas, Park Lane and the much loved and sorely missed Embassy ( or was it Woodbine), can't quite remember.I know I would in their position .They have their own vape brands but frankly no idea what they are , but if you were in their position what would you do?I don't believe any of the newcomers (tiddlers) have the financial clout to become Majors in their own right and are probably trying desparetley to boost their position/ market share so they can be bought out for max £££s. They get the privilege of spending their hard earned Crowdfunded money on Marketing and Promotion.Does anyone think any are going to become the next BATS or Imperial Brands?Huge consolidation in this space IMHO.BATS and other Majors have the money and I hope the nous to make next gen their own.Manage a slow decline in their business and return max cash to shareholders.GLACheersChozza
EssentialInvestor
06 Jun 2018
Re: Price Drop - question Will big tobacco companies be able to dominate new generationproduct as they have with sticks?, That is the question I would ask.Just try this bit of research(ltakes seconds) ... Type buy vape kits, or vape liquidsin to Amazon, you might be surprised how many different companies are in this market. You don't need to be a big tobacco company to supplyor manufacture.This gets very little attention for some reason, but given high sector debt levels,it a question well worth asking.That is another area, the very significant gearing up of sector balance sheetsover the last few years.I'm taking the Summer largely off, so best of luck to everyone.Just thought I would add the above, as do not see it discussed anywhere.
II Editor
11 May 2018
NEW ARTICLE: Stockwatch: A 7% yield plus double-digit dividend growth "At 2,780p, has @GB:UKX:FTSE 100 tobacco stock LSE:IMB:Imperial Brands bottomed out after a 43% slide in the last two years, making its bumper yield a bargain? Do advances in e-cigarettes/vaping offer growth to help offset the sense of tobacco as ..."[link]
gamesinvestor
08 May 2018
Re: Price Drop Hasn't looked this cheap for a long time now.P/E down at 12.9 --- it was up at 30 in 2014-15Projected (finger in the air) 12 for 2019 and expected 8% growth - PEG 1.4 (not a scientific measure but heading in the right direction - i.e. it's getting cheaper.)One has to wonder about the press, the financial press in particular, that drives the sentiment on tobacco one way and then the other in a cyclical fashion - right now it's all negative.The yield is 5.3% and reasonably well covered -- projected yield for next year is 5.7%.I'm having some more of this.Games
Fizzman
20 Apr 2018
Re: Price Drop Agree with you. Also if BAT's projections for derivative products is right then the volume decline is more than covered. An opportunity here omho.
charlus
19 Apr 2018
Price Drop Well at least the drop dropped by 50% at the close to just 2.7%. Stop Press: iii now saying 2%.Smoking may well be in terminal decline but it will take years if not decades for all smokers to give up or die. Also assuming no new users take up the habit. Can't see Govts banning it as they make far too much money out of taxing the evil weed.BATS has increased revenue by well over 30% in the last 5 years and operating profit by 20%.I think there is plenty of life in the old girl yet.Cheers,Chozza
Uncle Doug
19 Apr 2018
Re: Added back SP dn 6% at 3615 - OUCH !!! Philip Morris are down 15% in US. Global smoking rates declining. This is a dying business - literally.
Hardboy
18 Apr 2018
Re: Added back Certainly a bit of a see saw at the moment
gamesinvestor
18 Apr 2018
Re: Added back 4th lotGames
gamesinvestor
10 Apr 2018
Re: Added back 3rd lotGames
gamesinvestor
06 Apr 2018
Re: Added back Added back some moreGames
philanderer
29 Mar 2018
Re: price rise Bond yields falling
Geminic
28 Mar 2018
price rise Any ideas as to why the constant share price fall seems to have reversed with the share price jump today?
EssentialInvestor
21 Mar 2018
IQOS Mentioned IQOS a few times over the last few years, worth keeping an eyeon developments as PM target new markets with this device.
EssentialInvestor
21 Mar 2018
FDA.. [link] from yesterday
