London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
not been a good few days has it ! Still in profit just.
Spanish price cuts to slash Imperial Tobacco profits Date: Monday 13 Jun 2011 LONDON (ShareCast) - Imperial Tobacco has slashed profit expectations for its Spanish business after competition in the country forced it to cut prices for cigarettes. Imperial, whose brands include Lambert & Butler and Gauloises Blondes cigarettes, said operating profits in Spain could fall short of previous expectations by up to £110m. Spain accounted for more than 8% of Imperial’s revenues in the year to 30 September, with adjusted operating profits coming in at £268m, but the tobacco market has been under pressure there due to tough economic conditions. The company said tough conditions in Spain resulted in a decline in the cigarette market and growth in rolling tobacco. Imperial implemented price increases at the start of the year, but competition from rival Philip Morris, the maker of Marlboro cigarettes, forced it to cut prices. “We have acted to protect our market position and the long-term sustainability of our Spanish business and continue to monitor the situation closely,” Imperial said.
http://investegate.co.uk/Article.aspx?id=201106130700093033I
Deutsche reiterates buy Imperial Tobacco Group, target price 2800p.
RBS recommends buy on Imperial Tobacco, target price 2560p.
It has been a great push higher for Imperial Tobacco over the past 4-6 weeks, rather better to my mind than the fundamentals in terms of smoking habits may suggest. Nevertheless, there is little suggestion at this stage that the uptrend is likely to end anytime soon, just that there will be a test for support over the next couple of weeks. The favoured area is the floor of a rising April price channel / black 200 period moving average at 2,129p. Only sustained price action below this area would upset the bull prospect of these shares. So reckons zak mir
Getting balanced....
Raised to 2300p from 2190p at S&P, rating remains hold.
Upped to 2385p from 2140p at UBS, rating stays at buy.
Imperial Tobacco target price raised to 2,420p from 2,330p at Credit Suisse, rating stays outperform.
You have to love these shares, unloved and not talked about yet showing capital growth and a healthy dividend, for now at least!
Tobacco firm Imperial Tobacco releases interim results on 10 May and RBS is not expecting any surprises, given that the group has already given an update on organic volume and revenue trends. "Spain remains extremely difficult, reflecting the impact of the weak economy, duty increases and the January smoking ban, the last of which prompted some significant de-stocking in the Horeca trade. The UK market has held up well, though phasing issues relating to the September 2010 price increase mean sales and profits will be more 2H weighted. Russia and the Ukraine appear to be stabilising, but market recovery remains elusive," RBS said. The broker is forecasting normalised profit before tax of GBP1,193m and earnings per share of 87.6p, up 8% on a constant exchange rates basis.
Hi, My shares are doing ok well the big cap ones anyway BATS, IMT, RDSB, GSK all showing profits especially the tobacco ones :). Used to hold a few barcs myself and lloy but got my fingers burned a bit and i'm keeping out of banking shares for a while. Have you bought Fresnillo? i looked at them but got some ABG instead, very volatile but I think gold is still a good bet. ATB .
Still got a copy of the email "Sunday Morning Read"....FRES...now did I get that right...or did I get that right....ROFL....at £6.99 a whip!
Yep.....and counting the pennies......Sold a few of the others at a return and ploughed into BARCS on short term...currently sitting at a loss on BARC....but I feel lucky...just checking the spreadsheet....at 3.0130 I am down a WHOLE £84...quid. So how have you been doing?......Miss the chat between the team members...hopw they are all turning a quid or two.
NKOTB are u still holding these beauties?
By the day
Just looked at the post of 4 March...and I went in for a few at 1945....so 5 to go and it gets near b/e. ( stamp and broker....pain in the butt).....on the good side...nice divvy numbers and....old smokers never die...they just disappear in blue smoke.
Up 40p since last post in here...with room for more said Mr. O. Twist
Final 60.00p 18-Feb-11 19-Jan-11 21-Jan-11 Next divvy date will be round about August.
Now that would be something !......Stand by for top up....hopefully before 6 April.
Imperial Tobacco (IMT) After an island bottom buy for January / February, we have an island top sell formation on the daily chart of Imperial Tobacco for February / March. Those waiting on confirmation as far as any new leg down is concerned would wait on an end of day close below the initial March intraday low of 1,872p before targeting the sub 1,800p January support on a one month view. So say Zak Mir!
Yep....and at current levels...time to think about dipping into the seedbox and double up on at least two of them.
IMPs puffing along steadily By John Harrington Date: Thursday 24 Mar 2011 LONDON (ShareCast) - Tobacco group Imperial (IMPs) said underlying first half tobacco net revenues are expected to increase by around 2%, as anticipated. Cigarette stick equivalent volumes since the end of September 2010 have declined by around 1%. IMPs said that, in part, this reflects a change in trade buying patterns in the UK which have become more second half weighted. Though the group is trading in line with management expectations the Spanish market remains challenging due to an increase in duty in December, the ban on smoking in public places and the continuing weakness of the Spanish economy. “We have further grown volumes of our global strategic cigarette brands Davidoff, Gauloises Blondes and West, with particularly good results in our emerging markets,” the company said. “JPS has maintained its excellent performance and we have continued to deliver strong growth in fine cut tobacco volumes,” the statement added.
NKOTB - Im sure those shares you refer to will bear fruit - good solid Companies