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IMHO cricket has nothing to do with the share price. The SP went down partly on account of ex-div and partly supressed by traders. Imagine the RBS's SP lost ground by 26p (13%) in four days. Was RBS worth 13% more four days ago? This is how the traders make profit.

How long one has to wait for this cycle to make full turn? I am waiting for last eleven years for RBS to make full turn. I am getting 10% of what I invested initially.

Mrd5432. You seems to be convinced that to make money is by going short. Have you considered buying Put Option? On ex-div date BATS may fall at least 50p more.

At the end of March this year IMB shares quoted at over £26 a pop.
End of Apr quoted at over £24.
End of May at shed under £19.50.
It doesn't stop, does it? Nobody can guess where bottom lies. There seems to be no safety net.

As of tomorrow, IMB share price may fall again as it will be trading ex-div.

Sainbury's paid interim div 3.1p on 21 Dec 18, and announced to pay final div of 7.9p, which makes total div for the year 11p. At today's closing SP of £2.08, the div yield comes to almost 5.29%.

IMHO whenever a company's market value comes down, it is followed by reduction in its future div, as it happened today with Vodafone. I am afraid Sainsbury's may follow Vodafone. It is not new for Sainsbury's. About 3 or 4 years back, Sainsbury's did reduce its div.

Sainsbury's tempting 9.7p div is hard to resist. The question is can the div be sustained in view of SP plunged?

I agree brokers know nothing. But the fact remains that when they recommend shares of a company, the share price dance according to their tune, albeit for a short time.

Today BAT published preliminary accounts, which shows turnover up, profit up, dividend up, but SP down. This pattern seems to be normal trend lately.

Today Imp.Brand is down by 3.22%. Apparently all the cigarette companies are out of favour on the stock market.

33tmf. You may not have to wait long for the SP to come down to 3.5p. Is it worth buying at that price? It is situation where good money chasing bad money or catching falling knife.

There is not doubt the SP will bounce back. But you are expecting 300% rise. Isn't it a far fetch. 300% is possible if a white knight with long pocket turns up.

BATS going ex-div on Monday 24 Dec.

First thing this morning all the quoted real estate companies made good gain. By mid day all of them lost higher ground and end up into negative territory, despite the stock market made a healthy recovery.

IMHO BATS is better and bigger company than Imperial Brand in all respects. Div yield, div cover, P/E ration, earning per share, market capitalisation, etc.

Steve,

In good old days the Company Law did not allow the companies to buy their own shares. About a quarter of century back the new Company Law permits the companies to amend their memorandum and article of association, whereby they are allowed to acquire up to 10% of the issued share capital.

It is easy to understand from your point of view. It is not only you save dealing costs and stamp duty, but also you make painless saving. New share issue does not attract stamp duty.

When HSBC buy its own shares from the market it incurs dealing costs, which is negligible and stamp duty, which is not. On the top of that the bank has to pay top dollar to acquire large quantity of shares. That is where I find hard to understand.

On one hand HSBC buys back shares from the market with a view to reduce the quantity of shares on issue. On he other hand it issues scrip shares which increases the quantity of shares in circulation. It is hard to understand logic behind this exercise.

Every day Lloyd's SP is loosing ground. Has it become one way bet?

Regardless the FTSE is up or down, Lloyd's SP is usually in red.

Tomorrow BARC is going ex-div. Does anyone know amount of div? I hope not 1P again.

Am i correct in assuming that today TSCO's SP lost ground on account of Charles Wilson's ill health and his stepping down?