The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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This sector in my opinion is right for a bit of merger activity.
As one of the smaller players making lots of spare cash I see this as a good take-over target.
Morning and thank you I did read that , I dont smoke or vape so dont know how good myblu is ??? but I suppose my point is does Myblu actrually work what ever market its sold in firstly ? and how good/bad is it compared to the other competitors in the world ? any smokers on here able to advise ?
Important note towards end of that article:
Goldman Sachs add: "However, the broker added Imperial remained a “small player” in the US next generation products market, with revenue of £56 million, about 30 per cent of its group NGP revenue and less than 1 per cent of overall group revenue." Also noted that Imperial were appealing and the product will not be removed from the market during that process.
Cant help thinking our special relationship over the pond is showing its all a load of nonsense in reality.If the US is a major market for Myblu me thinks some brown envelopes by US companies are at work once again to keep IMB out. Im thinking of taking a large position here for the divi but a little nervous if the market will take a dim view on IMB progress in the vape market with the big boys .I fail to see how you can mess up a vape product and fail the us test if its all above board ?. A cig is a cig is a cig just like a vape is a vape surely ?
And yet they won't ban The Coof Juice, despite what the VAERS DB says. Makes perfect sense /s.
Anyone an idea on this one from overnight ?
https://www.thetimes.co.uk/article/fa2bf9a6-ba8b-11ec-b79e-9ccd39d2c9e7?shareToken=4d614928b2300aec13318a4479e5e116
US regulators have banned Imperial Brands’ myblu vaping device after a review found there was a lack of evidence they would protect public health, in a blow for the tobacco industry’s transition from cigarettes.
Chances of a special divi are low. But then, look at the commitment. It needs to be sustainable. It is. So where is the worry here?
Then there is always the surprise factor. The company is currently restructuring. The results are good. The valuation is favourable. Over a long enought time-frame one might have the benefit of the principal appreciating.
Enrcouraging.
Ride the waves.
Yes Gary imb nice cash cow not sure about special dividend but sure I read they may start to buyback their shares. May see a small increase in the divi
IMB a cash cow & what's the chances of a special dividend?
The rise today on the back of an upbeat trading statement & six monthly interim results brought forward a day to 17 May.
All looking decent here & I cannot see any reason why the dividend cannot be maintained, currently 8.35%.
Wow nice rise so far today let's hope present management keep up with this strategy as reported who knows some of us lth may break even in time !!
Jing
divi was paid on Friday,48.48p.The next 2 divis will be about 21p in June and Sept. ex divi in May
Can you tell me the ex dividend dates and amount being paid please?
Any ideas why the drop?
Why there is no significant directors buy/holding I wonder?
Time tells you things. I've been in IMB for around 3 years now and I think this share has taken all the hammering it's going to get over the last 5 years. If you look at the last two years, the SP has steadied and has shown upward momentum over the last year. I added at 1605p today for a number of reasons:
1. The SP has breached 1700p and 1800p this year and looks to me like it will hit 1700p again, especially in the lead in to the two 'bigger' quarterly dividends which commence later this year.
2. I've had a look at a Blackrock / Morningstar research note updated 16 Mar. They reckon that the negative impact of the war has been overdone. I also see that the P/E ratio is about 5.4 which is well below the 16 times 5 year average. This indicates to me that the SP may be at the bottom. Morningstar in their analysis from April 2021 estimated that at a price of 1635p, IMB was about 44% undervalued; another indication to me that this share in 2022 is dirt cheap and is ripe for bottom-fishing.
3. My strategy as an investor has changed over 20 years and I am moving more towards high-yielding shares. The 10% or so (based on my average purchase price) annual yield attracts me due to the compounding effect of re-investing dividends. Mind you, I don't follow div reinvestment religiously - for example today I used dividends from other sources to buy more IMB just as I may use IMB dividends in the future to buy other high yielding shares. LGEN, RIO, DEC and MNG.
4. I don't need to sell my IMB shares for at least 5 years, hopefully. So I will use the power of compounding. I'm not sure I can get a cumulative 8.5% annual return from high-fliers on the NASDAQ. MSFT, TSLA, AAPL.
Maybe I'm wrong, but this is my new strategy and just based on my own perception and research.
Nice cheque on its way today
To cripple the Russian economy,and therefore put suffering onto the Russian population.
longtimeinvestor; Yes. Do you?
And a decent dividend payable tomorrow as this share climbs steadily.
dam
''The average Russian worker didn't ask for this - why should they suffer ''
Do you not know the purpose of Western sanctions on Russia.
The US investor presentation shows growth in Cigars, stabilisation of cigarettes and a well thought out strategy that is delivering growth in this key market. Especially liked the use of technology for the front line sales team, the positioning of Winston at the Premium end. There is some very slick marketing underway here that gives me a lot of confidence in the growth strategy. Well worth a read the slide deck is impressive and paints a business well on it’s way to reigniting the growth investors want to see. Executing on the plan will be rewarded with improved investor returns, management seem to be overhauling the business at pace. Lovely to see
itsalottery; i think the average Russian working at an IMB factory is supportive of his family as there number one priority. Support of Putin will be low down their scale of priorities. Irrespective of the minimal impact of Russian/Ukrainian operations to IMB as a whole, i personally am proud that IMB are paying/supporting their workers, providing stability in uncertain times. I think, as investors in a company whose products we know (legally) kills people it is somewhat hypocritical to be indifferent to that whilst championing IMB to 'educate' it's workforce on the killing in Ukraine. There is no justification for taking a high moral ground on IMB whilst selectively ignoring the destructive nature of our product which produces the yield most are here for.
The average Russian worker didn't ask for this - why should they suffer whilst retired Reg from Richmond luxuriates on the divvy pontificating judgement?
IMB should stop paying there employees any wages and shut the factory down. how else are we going to get the russians to turn on putin if there not hurting financially, the employees should be told the truth by this company on what is really going on in ukraine.
longtime, same is happening with many international companies in Russia / Ukraine. SP hit has already happened here. No div impact. I'm holding, assuming the crisis will be resolved.