Member Info for dsc1978

IMB continues to rise. Glad I bought the dip.

They just keep on rising. :D

ITV have been too slow to react to the likes of Netflix. BritBox is a good step forward, but it took far too long to get here.
I need to see a bit more intent with quality programming as advertising revenue dwindles.

I wouldn't worry about it. It will rise over the next few weeks. There is a lot of value in the stock that has yet to be realised.

Now that the SP is close to the NAV, I'll buy some. :)

Another steady day for the IMB SP. :)

Seems to be dropping more than I anticipated since ex-div.

I will hold onto this stock for a while. I can see a bit more performance coming. The business is well managed. Cash flow is healthy. Div is good. :)

The markets are a bit stagnant, tbh. It will pick up soon enough.

Dropping closer to the NAV, which makes it an attractive proposition.

Tempted to buy. See if there is another drop. :)

Which is why NGP investment is imperative for the long term. Nothing to be concerned about in the short term, though.

Doing a lot of research into WSG at the moment before I decide to jump in.

Imperial Brands announced a share buyback worth up to £200m on Monday as it said it was revising its dividend policy.
The tobacco company reaffirmed its 10% dividend growth for the current financial year and said the revised dividend policy thereafter will be progressive, growing annually from the current level, taking into account the performance of the underlying business.

"This new policy recognises the company's continued strong cash generation and the importance of growing dividends for shareholders, while providing greater flexibility in capital allocation," it said.

The new dividend policy is part of a wider review of capital allocation priorities, which will also see the group return up to £200m to shareholders before the end of the year via a share buyback.

The company said it was on track to realise proceeds of up to £2bn before May 2020 and will assess the most appropriate use of proceeds at the time, including debt reduction and share buybacks. It also pointed to gearing within a net debt/EBITDA range of 2-2.5 times.

Deos, I spend a lot of time reading advice from "experts", and more often than not they are right in their assessments.
I'm glad you will be getting your money back over the next few years.

Yikes, those are some serious losses.

I have tended to stick with companies with a proven background: healthy balance sheets, dividend growth, brand awareness, diverse assets. Might not make as much, but it's a steady income and good growth. I got a while to go before I can purchase a C63s. :D

The SP has risen too quickly, PE is 32, yield is only 1.5. Is there much margin for safety in the price? I'm a holder, but I'm a bit wary of this dropping significantly if there is bad news. That being said, Greggs is always busy when I drive past. Its entry into Vegan food is a huge plus and continues to expand.

I like the fundamentals of this company. I bought a few Ks worth today. :) A lot of room to expand. I missed out on the CEO debacle, but I'm glad the company is looking out for its shareholders.

IMB diversifying - old news:
Imperial Brands announced last year that it had made a small investment in UK biotech company Oxford Cannabinoid Technologies (OCT) through a subsidiary. Imperial CEO Alison Cooper has said that cannabis is “an interesting place to explore.”

The SP has risen considerably today. :) Now I wish I had bought more of the dip.