As I've noted here, for many of us investors, these companies are popular mainly because of their attractive dividend. In that regard, it is mentioned here often. This post will mainly focus on British American Tobacco $BTI$BATS.L, but as there has been more talk lately about hitting the ranks of smokers and trying to keep them healthy,... Read more
At my age it would probably not be nice if I wrote that I am a smoker, but of course I am a non-smoker and I am sure I will be one until I die. From a moral point of view it's probably not fine, but I like the tobacco companies and even more the dividends they send me :D. Despite some problems I trust the companies and I believe they will be with us for a long time. I bought BTI in the downturn and I watched that MO wasn't at a bad price either, so I bought BTI along with MO :D.
Shares of $BTI are down more than 20% this year and I am currently buying $BTI stock on a regular monthly basis as the current price is a great buy. For me, this is a great company with a great business and pays a very nice dividend.
Do you have shares of $BTI in your portfolio and are you overbought at the current price?
ITC Ltd reported results today. We are talking about an Indian company in which $BATS.L/$BTI has about 30% stake.
Q2 2024 The interesting numbers are from the fast moving consumer goods segment, which includes cigarettes. Cigarette sales are up 10.1% year-over-year. A different trend from the European one.
One of the top two of the top 10% has $BTI. Aside from the fact that I'm completely out of touch with the product, I'm wondering about the future of the tobacco industry. The ever increasing tax in some countries has driven the prices up so much that some customers have just given up. So is the future of tobacco companies in electronic cigarettes or something else entirely?
I think the sector is very stable and companies have found that normal cigarettes are not working so well so they are switching to other products such as electric cigarettes, which young people are buying, and I think tobacco companies will continue to do well. Otherwise, I have $BTI stock in my portfolio and the dividend is great :D
I plan to buy more $BTI stock next week. Shares of $BTI are currently very undervalued and the company pays a dividend of 10%, which is very respectable. I also plan to buy more shares of $MO as the stock is at a nice price.
Which tobacco company's stock do you have in your portfolio and at what price are you buying?
I have a feeling that the divi in those numbers isn't exactly sustainable for them long term right now. After all, they don't exactly have a small debt
$BTI reported results today. There were no negative surprises, which is fine. Key issues remain: declining US cigarette volume and weaker performance in heated tobacco. In addition, the environment is becoming more complex in the e-cigarette segment. This segment is key to NGP (new growth products) profitability targets in 2024. There is a continuing risk of a menthol cigarette... Read more
These companies are just doing great business. Both $MO and $PM. They are actually such "immortal" companies since people will always buy their products.
I was wondering how to comment on your post and in general, how to take it, if the question is, is it ethical to have a business in Russia, to invest in it, etc.? ...for me, why not. 😊 Honestly, and now I might pull down a wave of resentment on myself here, but I have nothing against Russia. On the contrary, I would be more afraid of Ukraine. It is an unstable state and always has been. Neither a regime, nor a proper democracy, nor communism. So something in between, corruption big etc. Russia, there the political regime is still the same. Yes, you could have long debates about where is better. For us, probably nowhere, but like where I'm with the Russians, even though I'm pro-west, I'm a capitalist and not a communist, but that's how the US is expanding. I don't blame Russia, how many times has the US said clearly, don't put bases near our borders, but they don't and they don't, the US keeps "shitting" on the world and they have peace on their territory. They create conflicts but mainly far away from them. Russia, it kind of holds its own, it doesn't fart all over the world. It has its territory, its resources, and what they do on their turf is their business. I would like to see the US if Russia started building bases in Mexico or elsewhere near the US border, they wouldn't like that either. Plus, tvl Europe here its hatred of Russia, but we can be happy for it, Russia fought, liberated a good part of Europe. Russia has direct resources that Europe needs. This will bring me back, I don't want communists here, I'm happy for open borders, freedom of enterprise etc ... but like overall what bothers me is that it is condemned when there is a different opinion, a different regime. Why, if it "suits" them and it's on their territory and they don't force it elsewhere ...why can't they also just deal normally with other politics. Benefit from trade relations etc... Honestly what is this comedy, nothing but business. I say, I don't lump all Ukrainians or Russians in the same bag and that is just it. But when I look at how the ones coming here and here are behaving now, it's disgusting and I would drive them back. I have nothing against those who were born here for example, I myself have a great friend who has lived here since he was a kid, worked in a factory and worked his way up through hard work ...just saying that I'm really tired of the hate and pigeonholing, Hate Russia. Sanctions etc. Fucking excuse me, what the Germans for example, nobody sees it, they started the war twice, committed horrible things to people and now they still set the direction of Europe. That has been forgotten. The economy here is totally shit, Russia has inflation below 3%, so who's better off I guess.
Apologies for the style, I've probably long since passed the point of this post altogether, but I find it good to express myself here as I feel we are a bunch open minded and not just "blind" sheep shouting hate with the crowd.
I'm just going to buy another $BABA. I want a more concentrated portfolio.