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Imperial Brands - "Good progress in delivering on our strategic objectives...Strategic investment driving growth in aggregate market share in top-five priority markets...Strong operating cash generation...On track to deliver full year results"
ex div 27th may 21.27
Had a punt sold out at 1706 on Friday think no surprises tomorrow if down will buy back or wait till it goes ex divi or something spooks the market!!
Gla
Cheers
BigBad: Have a look at DividendMax site. Provides great info.
When is ex d day?.I have been raking for it.Is it on Thursday? TY in advance.
...may be negative. We already know of the minimal Russia impact and we know about FDA action on new NGP's such as blu. If there is any further slightly negative news, there may be a SP drop. So I was tempted today to sell at 1700 and buy back tomorrow at 16.50 ish. But when I looked at stamp duty and trading costs each way, the riisk didn't seem to be worth it, given the proximity of the next ex d date. We could see 15.50 or 18.50 by the end of the week. As I don't need to sell for another 5 years or so, I'll hang on and take the dividends. Looking at the SP performance over the last 5 years or so, the SP has been steady over the last year and a half and well supported at 1600. There is a risk also of staying with the share as tomorrow's RNS could send it in either direction.
Yeah just looked on H/L director deals and all recent trades were sells - Simply Wall Street news flashes never again
Not a bad performance for Imperial today. Perhaps todays news of Phillip Morris buying the Scandinavian smoking company Swedish Match for $16bn has given the sector a jolt…
I was simply replying to the poster who wrote that there had been heavy recent investment here from IMB directors.
There hasn't been any buys whatsoever of note but as an investor who brought these years ago much higher than they are now I wish the directors would buy.
Happy to stay & collect the dividends here though, GL All.
I think Simply Wall St is an automatic report generator.
I wouldn't pay much attention to Simply Wall Street, Gary59 is right all the recent purchases have been pretty inconsequential. I very much suspect Simply Wall Street includes in that calculation shares held in treasury that have been purchased through share buybacks.
As far as I can see very few management have actively bought large number of shares, there have simply been a few small purchases which I suspect are their allowances under employee ownership schemes and the rest is from the exercise of free options.
From SIMPLY WALL ST
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Imperial Brands insiders own 5.3% of the company, currently worth about UK£843m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Do The Imperial Brands Insider Transactions Indicate?
It doesn't really mean much that no insider has traded Imperial Brands shares in the last quarter. However, our analysis of transactions over the last year is heartening. With high insider ownership and encouraging transactions, it seems like Imperial Brands insiders think the business has merit. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision.
Either their info is wrong or yours is Gary
There was a directors purchase on 5 Aug last year but nothing of any consequence since.
Quite a few tax related sells since then though.
Guitar it seems the BOD agree with, quite a few of them have bought recently - Always heartens me when directors put their money where their mouth is (or where my money is LOL)
Snap I am selling half my shell to buy LGEN also once they go up a little more ? or maybe just sell half my lloyds bank shares. Its a pain you buy your shares for very good reasons at the time but never thought about Covid , Wok Green issues , Grenfill tower, Russian invasions etc etc etc .I think the days of buying shares and sticking them in a draw for 20 years are over one has to keep buying and selling for dividends trying to stay one step ahead of HMG interference and the latest wok issues. .Labour shadow chancellor has it in big time for shell and BP so an election wont help me .Fingers crossed IMB does not get hit with extra taxes etc in the future.
AliveKicking, that was some rant. You live up to your name! I am using dividends to buy IMB, DEC, LGEN, BP.
Well I decided to buy a big chunk of shares here after selling a chunk of BP. Its a dam cheek how HMG are meddling with dividends in lots of companies Not only do they tell BP and shell to give away for nothing Many £billions of assets in Russia despite Germany still taking russian gas ! , the wok press still want more blood because of world fuel prices. They fail to mention the 25% Green tax we are all forced to pay and dont even want ! and they fail to mention Oilers are not the cause of world price rises. All they see is profits which the share holders have not even been handed back and in fact halved. since 2020The only person on a winner is the CEO Looney ( Very Apt Name).Lets hope we dont have a looney running IMB in the future doing HMG bidding..I have seen this with Lloyds bank who have been used as a cash cow to fund the economy along with other banks and fraudulent PPI hyped up big time by Camerons Government. Again Lloyds could of resumed its old dividend recently but failed to do so wasting money on buy backs and vanity projects.I am halving me exposure to oil and just hope the wok press dont blame IMB for all the NHS ills for the last 25 years years and make them pay to finance the massive waste in the NHS. Fingers crossed I am running out of decent divi companies not being meddled with by HMG and the Wok media, I wont even mention TW and the Greenfell tower cladding nonsense now Gove is making all the uk big Builders fund their Wok repair costs whether they even built tower blocks etc or not. There was a lot less interference under the Blare Brown administration than there is now in the markets thats for sure.
Thanks dmore.
The article (July 2021) presumably pre-dates the cigar business sale, or are there still cigar brands within IMB?
The article summarises many of the reasons I continue to have a decent holding in IMB, which I have owned for a decade or more. I discard most of the ESG issues as I can't believe there are any smokers out there unaware of the risks any more, although I am disappointed quite how much this depresses the share price by blocking many institutional investors from buying shares.
The only thing I think the article was lacking was a discussion about debt. The previous management (Alison Cooper et al) let debt run up terribly to over £12bn I recall. It's coming down now (perhaps around £9bn - please correct me someone) and I think that the c£600m of savings from the divi cut in May 2020 are earmarked for reducing this further. Personally, I would like to see it down to just a few £bn (or even nothing!) as it will allow for the dividend to increase nicely again, which in turn supports a share price, and also makes the company a more attractive acquisition (in my view).
But anyway, nice to see that others think IMB is a buy (or continue to hold if you've already got a few).
Guitarsolo
Well its nice to see an encouraging explanation for the IMB position. With the fall today I am glad I did not buy a whole lot more just yet. Mind u my BP have crashed also so its ying yang. I am still puzzled why IMB cant make a decent wok electronic cig. Dont most companies just buy the competitors product strip it down to all its component parts and copy the hell out of it as far as the patents allow .China dont even worry about patents ! Any smokers on here use these new e cigs etc just wondered how they really compare to old style fags .
Well I agree, I think I will add to my current holding . My oilers halved their divi in 2020 which the wok press never ever report, they then had an easy chance to just resume the same old traditional divi levels but I feel HMG have forced them to right off billions of assets over Ukraine instead and keep their divis at historic low levels . . I know IMB are also in the wok political spot light but most investors are not charities, if people dont like BP IMB etc etc then dont buy their products etc , is it me or are FTSE companies being carpeted more and more by HMG and being told how to run their companies to the detrement of share holders.
AliveKicking, yes I take your point - it's an out of favour industry. BUT while it has been going out of favour, it has been hammered. for the last few years. Two things encourage me to hold and to add. Firstly, the 'hammering' has levelled off and the SP has held up well over the last 12 months. Secondly Blackrock / Morningstar see the stock as 42% undervalued and P/E ratio at 5.6. Bottom line is the share is now undervalued. Unless there is some major development, I continue to hold and to reinvest divis. I could be wrong!
https://seekingalpha.com/article/4502026-imperial-brands-massive-benefit-shareholders?msclkid=767bffd7c3c211ecb91ca338d72ed014Not sure how to take this ?, they seem obsessed about the new vap style products etc etc. I see it like nasty oil and gas industry etc everyone talks about electric cars but most people dont want anything to do with them because of the costs and benefits , you can if u want im sticking with what i know and can afford so to speak .. Is IMB doomed or is it like shell and bp they have another 50 years before the wok bregade take over ?.
When BATS took over Raynolds yanks made BATS sell off some parts because of competition laws. Not sure takeover possible as there is lack of opposition as it is.
Hope not prefer to have our dividends not other countries bleeding us of income