Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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In addition to trading update, I wonder if they will offer an update on the ITC situation and plans.
A bit nervous as previous H1 updates haven’t always been received well!
What should we be looking for? Or more importantly what will the markets look for?
Are you maybe talking about the chewing tobacco produced by the Skoal Bandit factory in East Kilbride? They were on a BBC program back in the 1980s That's Life presented by Esther Rantzen.
Does anybody else remember this?
Mrs Thatcher got wind of a US company that intended to introduce something similar into the UK in her time.
It was known to cause serious mouth cancers and she immediately introduced a law to prevent it being sold.
Jefferies raises British American Tobacco price target to 3,400 (3,300) pence - 'buy'
Agreed, I only made the comment because of an earlier post by "Clank"
Currently in Morocco I note that the majority of. young men smoke - and probably will be hooked. for. life.
Not. good for them but good for investors. Heavy cannabais. smoking too - I believe Bats are into cannabis through an investment in a. Canadian. company
Kentio, only with FTSE 100 names do I hear people proudly announcing that their dividends have offset capital losses. This isn't something that anyone really sets out to do when investing...Divis are supposed to be icing on the cake.
Agreed re the rest of the world smoking though, 40-50% of men in most high population countries smoke. Because "this is what real men do", or so clients tell me in China, Russia, Indonesia, Turkey, Egypt etc.
Velo Nicotine POUCHES/SNUS sorry. You’ll see the round boxes behind every shop counter
As the next big thing, am I right in thinking Velo is owned by BATS
https://news.sky.com/story/one-in-five-professional-footballers-using-snus-or-tobacco-free-nicotine-pouches-says-study-13144487
A yield of c.10% should more than compensate for capital loss. 5 years at 10% = 50%. Bats. sp. unlikely to fall. that much.
I travel. the world a lot and. I assure you smoking is. still going. strong. Presently in Morocco where it is hard to find a non smoking male. I am in an apartment above a tabac and there is a constant stream of. customers. Then think of. China - 40% are smokers. Throughout. Africa. there is little or no education about the health problems which can arise.
Although BATS has fallen away past few years, with the share buy back for cancellation and still generating huge cash one would think we should hold up and potentially increase a little from such lows. Also the yields is very attractive and it’s a good fund managers share where they boast yields one would think.
Anyone know why BATS is slipping back ? The UK Govt has even excluded their prized Tobacco bill today, thus won't even be discussed for many months....... 🤣🤣🤣
10% is a lot of a portfolio to hold in BATS
Whilst the yield remains a key lure, recently it hasn't been enough to compensate for capital losses.
Current short term valuations are also quite weak so keeping the share just for the dividend doesn't make financial sense to me as an investor.
Sliced mine again this morning now BATS down to 10% of my protfolio, will grab back again if it drops back, if not will just hold remaining small stake for divi.
I decided to take a few off the table for a small profit. Still quite a bit overweight here, but more comfortable adding those back, should we get a retrace to the 23's on no company-specific news.
Still my largest holding and fairly relaxed at the time of print, which probably means you should all run for the hills :) GLA.
Roughly 9% at the time of print. A bit of an overweight position and not really intended, but I just felt it was so undervalued in the high 22's that I 'flexed' my risk parameters somewhat and bought a few more tranches.
I will trim some though in the 25's now and more in the 26's. 28 quid and I will look to underweight my position here. If we get there of course. Who knows etc? GLA.
LWHL - can you. say what % of your portfolio. is in BATS? Just for interest. as I have. 4%
Agreed, seems like the SP has recovered. Should see this keep rising IMO
Nice work. Never foolish to take a little profit. Have set a sell order for one small tranche myself, but might cancel it if we close above the 200 today.
I have a slightly bigger position than I would ideally like in some ways, but equally, as things stand, I do not think we are expensive at even 10% higher than the current SP.
Combine that opinion with the big dividend and it is IMO easier to be patient. But time will tell. GLA.
My extra 200 sold today for a little profit. likely to rebuy if it drops back below £23 and might sell a few more if it climbs to £25-£26. every little counts. glah
Bullish sp, break today, above price high of 2/5/24, on highest volume for seven days.
Tobacco sector 3 month time pivot for the quarter ended 31/3/24, was broken above today. Details of the sector time pivot and associated R1 resistance and S1 support levels are recorded on the tobacco sector chat section. The sector chart is above resistance at 27000, so appears likely to attempt a rise to 28000. Otherwise look for consolidation of the sector above 27000. Stop loss can be price high of 2/5/24, less 3 x ATR(average true range), shown under indicator page of charts. DYOR.
I think Sunak did this smoking ban not from political conviction but from his deeply held religious conviction. Like his unstinting support of Israel, everything he does stems from his Hindu fundamentalism and in Israel's case, hatred of Islam and support of those who carry out genocide against followers of that religion gets his support. Just look what's happening to the Muslim minority in majority Hindu India.
Should be good for the SP if it comes to pass.
Politicians need to leave adults alone to make their own choices. But it is the hypocrisy that really annoys me most though. The green agenda scam while they take private jets to climate conferences, feasting on the finest food and drink flown in from around the world etc.
Like our ones trying to introduce that smoking age law that just looks incompatible with...well the fundamental premise of the legal system itself I guess. Pragmatically, just a rubbish and unworkable policy anyway.
These tools all fiddle while our various Romes burn. Ah well.
Biden Administration Drops Plan to Ban Menthol Cigarettes:
https://www.wsj.com/politics/policy/menthol-cigarette-ban-explained-0c41df7a?mod=djemalertNEWS
"We have historically had success investing in companies transitioning from a focus on reducing leverage to enhancing shareholder returns, as they often experience a valuation boost post-inflection."
https://seekingalpha.com/article/4684261-british-american-tobacco-stock-has-the-potential-to-substantially-rerate
Drunkinestor - Were you expecting something in the way of a 'course redirection' ?