British American Tobacco šŸš¬ ā˜  - BATS

Stock Discussions
42

There is a difference between unethical and illegal. I donā€™t have any BATS at the moment, but I have held some in the past. Selling a dangerous product like cigarettes may be unethical, but bribery is illegal. Under UK laws you can be prosecuted for bribery even if it takes place abroad with foreign officials.

Personally I donā€™t have an issue with investing in less ethical investments. I canā€™t change the world, and me making a few quid off these companies doesnā€™t make any difference in the long run.

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43

8% dividend yield how much was that per share?

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44

Have a look on Dividend Max - they have the historical dividends on therešŸ‘šŸ¼

45

bats is great, smokers gonna smoke. Even paid a dividend during covid.

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46

Totally agree! Also, the amount of tax paid is huge so at least it contributes to the treasury similar to alcohol which causes similar problems in households. Having said that I did sell mine just because I think it is going to become an extinct business in time.

47

Good safe steady income Iā€™ll be holding for a few years

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48

Felt uneasy investing here but the dividends have made me feel better about it

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49

The dividends currently are not covered by earnings well. I see no q4 on ex divi data.
If they cut then itā€™s not going to be good for SP. They also have a lot of debt.
But earnings forecast to go up 13% for next few years according to simplywallstreet.
So Iā€™m probably going to sell and buy on the next dip. Monthly smoothed Heiken Ashi is going sell.

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50

Big drops on these

51

Any reason to why?

52

Getting great dividends on this wish Iā€™d invested more ā€¦

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53

I can see why the share price has been dipping lately. But I canā€™t see cigarette sales being outright banned.

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54

https://archive.is/roWcx

I hope Ā£BATS doesnā€™t leave London. I have a feeling GQG will be told no anyway.

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56

Hey all Iā€™m thinking of starting a position with BAT. Price looks very low by historical standards. What do we reckon worth the investment?
I donā€™t know anything about the tobacco industry but the dividend yield looks good

57

Its a dying industryā€¦ literally and disinvestment will speed up its demise.

58

Theyā€™ve been saying that for years, yet despite everyone being aware that itā€™s bad and that it can kill, it still doesnā€™t deter the millions (albeit declining) who continue to smoke.

BATS has expanded its market via vapes and e-cigs and you can almost envisage lawsuits in the future for when someone will try to claim that they didnā€™t know these products might not actually be that good for you.

Until then, it continues to rake in the $$$ and Ā£Ā£Ā£ and pay out fat dividends (obviously, do your own research).

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59

And in some countries tobacco smoking is massive (and potentially a growth area), like China and India.

Its a very complicated market to pin down.

Western world will undervalue with negative sentiment, but the reality is it still might do fine , or even grow, for the forseeable.

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60

The world should follow New Zealandā€™s example. (Just my opinion before the haters jump in).

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61

I agree its best to have a tobacco ban date WAY in the future.

You cant expect seasoned smokers to quit, but you can expect future generations not to start.