5D·

BAT ~ 10% price increase in 1 week

3 possible reasons:

1) A US federal judge has finally dropped the criminal proceedings for North Korea sanctions violations.

BAT had paid around 630 million dollars in 2023.

2) Competitor $IMB (+2.78%) is currently deliberately losing market share; the company would rather increase prices than defend volumes. What Imperial leaves behind, BAT can take with it.

3) On top of this, the 1.3 billion pound share buyback program is still running. BAT is continuously buying back its own shares and destroying them. Fewer shares in circulation means that every remaining share automatically becomes more valuable.

Over the year $BATS (+2.3%) is therefore +54%.

I am bullish and will be delighted when we break the ATH from 2016/17.

What is your opinion on BAT?

Happy smoking 🚬

11 Comments

Smudo@Smudeo

Point 1 million doesn't make much difference at BAT, point 3 is good so earnings per share increase as less is in circulation.
Would be happy to see ATH again, that's when I (unfortunately) got in 😲
There are 2 scenarios for me:
Sell and the share price rises for you.
I hold again for 10 years and the price continues to fall.

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A@nitroxx

@Smudeo I would sell

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Smudo@Smudeo

@nitroxx So you have the share?
Are you speculating on a rise?

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A@nitroxx

@Smudeo speculate on rising 😅

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Pleni70@Pleni70

For me, this is a cash cow. I only got in bigger. Now already up 12 %. There are certainly better stocks with growth. You don't need to speculate with BAT

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FinanzKeks@ImmoHai

@Smudeo It's about the fact that even higher penalties could have followed if the court case had continued. That's how I understood it from the news. This may release provisions

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Smudo@Smudeo

@ImmoHai Strong price rally (+50% in 12M) limits short-term upside;

FX headwinds; Vapour regulation; Canada legacy issues; Australia/Bangladesh challenges

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KevinE@KevinE

I bought in 3 tranches, on average at just under €30. I no longer consider them a bargain at the moment. But I'm holding them because they don't seem completely overvalued in my metrics.

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Charmin@Charmin

Have had BAT in PF for a year, am (of course) extremely happy with the performance. I will hold/stock up for years.

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Finanzaristokrat@Finanzaristokrat

Tobacco has no future. In fact, everything that is inhaled should be sanctioned and banned.

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HeadoN@HeadoN

I sold my shares with a price gain of over 50% as I no longer consider tobacco etc. to be sustainable.

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