5% rise (at the time of writing) Big rise this morning, which is nearly a full week since the results have published. Is it to do with the Quebec lawsuit and the fine not as big as anticipated or as punitive? Evening Standard – 4 Mar 19 BATS battered by smokers’ £6 billion court damages victory in Canada Shares in cigarettes giant British American Tobacco took a knock today after Canada’s Court of Appeal ruled it will have to cough up £6 billion in damages to a group of Quebec smokers. British American Tobacco had appealed a 2015 Quebec Superior...
Formula One They are rather sensitive to tobacco companies in Australia so it’s probaby not surprising.
Formula One Not entirely sure, as I only caught the headline yesterday. Just thought it interesting, that following your link, that tobacco firms are trying to make a return, by not advertising tobacco. While at the same time making their brands known. motorsport.com Philip Morris unfazed by Ferrari F1 sponsorship investigation Ferrari sponsor Philip Morris is adamant its Mission Winnow initiative fully complies with tobacco advertising laws, despite an investigation being launched in Australia over the matter.
Formula One Are they refusing to run the race because of it?
Formula One Hi Games, I see that Philip Morris stealth like sponsorship of Ferrari is causing problems for the first race in Australia.
Formula One There is something incredibly synonymous about F1 and cigarettes/tobacco. You can’t beat the old the Rothman liveries, or Marlboro McLaren, or JP Special, or Gitanes…
Formula One [link] Let’s hope it drives the share price a bit faster than of late. Games
BATtered Old - as are all stocks right now!
BATtered The relative bargain, is becoming an increasingly worrying bargain more and more.
Time to buy? A lot of cash sloshing around As per title, I am thinking this might be a tentative buy, however we cannot foresee global events, eg US/China/Iran, Brexit, Frexit, and other “Exits†that might pop up soon.
BATtered Have both. BATS is indeed a relative bargain.
BATtered Piled into Imperial a month ago…decent yield. Less exposed to Menthol apparently. BAT must be fair bargain now???
BATerred Not great - big drop 10% in a day – seems like a sea change on the Menthol side.
Share price decline smokes out changing of the guard at BAT Sky News Share price decline smokes out changing of the guard at BAT The giant cigarette manufacturer is preparing to announce that Nicandro Durante is to make way for a new CEO, Sky News learns. If you look at the SP graph over the last year, it’s probably best he departs. Let’s hope no kitchen-sinking goes on when the new CEO takes over!
Half year report Looks pretty solid to me and the currency whilst adverse this time around should be neutral or even +ve at the full year - glad I increased the holding now :- [link] Games