George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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Obvious mistake on Google which another article - Stock news - has used, m should be b for billions:
The global tobacco market is anticipated to surpass a valuation of US$ 627 million in 2024 with a CAGR of 3.40% during the forecast period. The global market is expected to reach US$ 878 million by 2034."
These errors can adversely effect share trading algos, obviously.
Can Google easily be informed of its error or does one have to jump through hoops ?
'...Slightly better situation here than in America. There you can't even be considered for presidency if you don't believe in god and give a "so help me God" at the end of swearing in oath...'
True. Although, they see trump as the second coming. Mostly though they just have to offer thoughts and prayers every time there's a slaughter, and pretend they give a damn about anyone but themselves.
Slightly better situation here than in America. There you can't even be considered for presidency if you don't believe in god and give a "so help me God" at the end of swearing in oath.
Yes, but his religious dogma will be with us forever. Nit much of a democracy when 2/3 of the political leaders in mainland UK is an unelected religious zealot.
Hey guys (n'dolls)
Am I right in thinking this has gone ex-div today, meaning anything over about 23.37 represents a blue day?
That's assuming I'm also right, that the dividend is also around 57p.
Thanks Deano
Not to worry, he'll be out of office by November this year at the very latest. Likely a lot sooner.
This is a problem you get when your unelected PM is a religious man. In Hinduism, smoking tobacco is considered immoral and sinful. The ancient texts emphasize the importance of purity, including purity of food and habits. Here are some key points regarding Hinduism’s perspective on smoking. So it's not about democracy, it's about religion.
Same is true for many other products. Oil, gas, munitions, fast foods.
Pressure to lower and/or ban consumption but its not going to happen.
For tobacco, the tax take is way too high for governments to ever consider an outright ban
Not invested here but been looking at it
How can this be a good investment when your world is trying to ban tobacco?
TY Hope.
At least LTH’s will gain with the BB & today’s drop.
It’s frightening how influential the media/internet is these days, although it’s probably the speed. Nowadays the algos & herd mentality kick in and cause the damage before the brain acts.
The report mainly says they did not find a link considering there has been a lot of research both here and in the US. Once it settles SP will rebound.
On talking via email they are considering it as misleading. This is much like the class action in the US. Sky News like the BBC news will probably do a we were misquoted and say sorry in small lettering. I think those days are over time to pay up for bad reporting.
Title on Sky News
Vaping causes similar DNA damage to smoking - as study links e-cigarettes to cancer risk.
Report from Doctor in Article-
Dr Ian Walker, Cancer Research UK's executive director of policy, said: "This study contributes to our understanding of e-cigarettes, but it does not show that e-cigarettes cause cancer.
"Decades of research has proven the link between smoking and cancer, and studies have so far shown that e-cigarettes are far less harmful than smoking and can help people quit," he said.
It further says it requires further study.
News Outlets can be sued only way for them to report correctly it seems
So with the main market flat, a BB just started and going XD tomorrow at close to 10% pa we’re down nearly 2%.
Strange times indeed.
The really smart people in life use a combination of factors to invest. The T/A argument is
all ok and relies on in theory mean averages, ie the share count being the same. When Bats
are buying back shares the averages are therefore changing, so the so called pivot points
Fibulation bands, and spinning tops are no longer a guaranteed reference because the input data has changed.
Also chuck into the equation the growth factor from Non Combustables which is not quantified historically , and the whole TA argument becomes an unknown.
My view, so I’m taking my spinning tops and drawing a fibocci line underneath all the hype.
Something to think about
ITC Hotel demerger 2024 - 6 months or fewer to go
In an effort to unlock value and focus on core competencies, ITC Ltd. decided to demerge its hotel business into a separate entity. The board of ITC Ltd. granted in-principle approval for the demerger under a scheme of arrangement.[12] Sanjiv Puri, the CMD of ITC, elaborated that the move is part of a broader strategy for capital raising and debt expansion.[13]
The spin off was confirmed last August 2023 and a 15 month period given. British American Tobacco will hold 17% of the business to which they intend to sell.
Depending on the IPO price and how it performs BAT could rise 1 to 3 Billion from the procedes.
According to the filing, the indicative timeline for listing ITC Hotels is nearly 15 months i.e. probably in November 2024. It is worth mentioning that the scheme of the demerger is subject to necessary approval from shareholders, creditors, stock exchanges, Sebi, NCLT and others
Happy Investing
Jon39 with charts and forecasts most Algorithms can predict the way a share can move but sometimes they can get it wrong badly. They see numbers and patterns but now again something pops out which is the A. I can not cope. This in the past has led to huge losses in Investment. They are a useful tool and can be used as such but do not rely 100% on them.
Your premise, regarding common sense and investment, is most commendable, unfortunately history sometimes tells a different story, for instance, in the 19th century, railway stocks, were considered, so dependable, that widows, and other vulnerable investors, invested most of their savings, until there was a unfortunate decline, in railway stocks.
BATS, has already written down the value if it's USA assets recently. There is no dispute that the tobacco sector, is unlikely to collapse overnight, but then the 19th century, railway stock decline, would have been gradual.
The ATR, value was 41.7, on the 3 day pivot low, and the maximum spread today was 1, making a total value of 42.7, to deduct from the 3 day pivot low of 2340.5. Since , the 20 day moving average, nearby, can be expected to provide price support, a suitable stop level, might be, 2340.5-(41.7+1)= 2298.8. DYOR.
The 3 day pivot, low of 2340.5, on 15/3/24, is a sensible place for a stop loss, which should include the spread of 0.5 + a multiple of the ATR(average true range), deducted from 2340.5 , which is found in the lse site under charts, then indicators.
Useful tip, never place a stop on an even number. So stop, summarised as 2310.5-(spread 0.5+ATRx2).
Price target is the 8/2/24, high price of 2499. The tobacco sector today broke through its 1/2/24, time pivot close, which is bullish, since the sector is already above the 1/3/24 time pivot high value. Tobacco sector shows relative strength, through being one of the few sectors rising today. FTSE100, fall today, has brought the SUK2(reverse derivative), into overhead resistance , Expect the FTSE100, to rally soon, while the SUK2 reflects that rally, by a fall.
The 3 day pivot, implies further BATS, upside, with the probability that BATS, will likely require to retrace to show support above 2400. The price
Predictive text, doh!
Contraception should of course read contraption.
Sorry.
Stargate, your system for being able to know about the future sounds fantastic. Does it have a name?
I could have done with that type of guidance all those years ago, when I bought BAT shares at 270 pence. Since then, dividends have continued to rain down, I soon recovered my initial investment through shareholder returns and soon after age 50, told my employer that I had no need to work anymore.
Without having the use of your contraception, there were no bullish pivots, or any outside bars to assist me. Perhaps just as well, because a few drinks might not be conducive to good financial decision making. I just concluded that BAT's future business prospects, as a cash generative business, appeared to be excellent. Cheap product to produce, defensive qualities against economic downturns, very supportive 'loyal' customers and holding a dominant position in a diverse worldwide marketplace.
My view is that long-term investment, mostly involves common sense, patience and having the right temperament to stay calm during market crashes. Many seem to vastly overcomplicate basic commercial concepts. Provide goods or services, which are needed or wanted by customers and do it in a manner that is better than others.
So in a nutshell Stargate do you see this continue to rise?
The technical Bar chart was effective in revealing the position today. The current weekly price bar is showing up to be a bullish outside bar, implying price expansion. The daily price bars, reveal an bullish outside price bar, on 11/3/24, followed by a short rally, for a few days ,however what is significant, is the formation of a 3 day bullish pivot, with today forming the higher high and higher low to yesterday's high/low. The day preceding yesterday had a higher high/low, than yesterday.
It will be very interesting to see whether the share price is more than £24 over the next few weeks and months. I hope that it will increase substantially towards £30. GLA