OldValueInvestor
Posted - 5 hours ago
$BTI …. $PM $MO should be rebalancing this way …… menthol ban is out in 2024. Put buying to hedge long term positions is abating. Call buying is coming. Patience.
realreturnplus
Posted - 5 hours ago
$MO $BTI Menthol Cigarettes Ban Gets Shelved. What It Means for Tobacco Companies.: https://www.barrons.com/articles/menthol-cigarettes-ban-altria-british-american-tobacco-d3dd6673
OldValueInvestor
Posted - 5 hours ago
$BTI …… 🖍️ crayons are out. Menthol ban is out in 24. Meanwhile some nice RSI/price divergence on the chart. 📈 See past examples RSI/price divergence and subsequent ramp… run 🏃♂️ ⬇️ (ex dividend) 👇 I really think Bats/BTI re rates to the 30s and could run to $40. 👇 …. 1st step to the pop… side ways chop and rsi /price divergence.
TopazFrenzy
Posted - 6 hours ago
$BTI $MO These tobacco companies should charter flights where smoking is permitted, they'd make a fortune!
ManagerofRisk
Posted - 13 hours ago
$BTI $MO $PM it seems like this (menthol ban) has been a hot topic each decade for about a year to a year and half and then goes away for another decade … I am old
AlertsAndNews
Posted - 21 hours ago
$BTI $MO $PM Biden administration delays plans to ban menthol cigarettes
https://www.cnbc.com/2024/04/26/biden-administration-delays-plans-to-ban-menthol-cigarettes.html
OldValueInvestor
Posted - 1 day ago
Right. ⬇️ 👇 $BTI … even at $40. It still has a FCF yield of 15% and a 7% dividend. $28 or less dips IMO fully price in all the risk of menthol ban. (Which is out in ‘24) ….. I think 💭 that price/area keeps getting defended. As has been the case. Then you are just waiting for the combustible to non combustible transition to keep inflecting. Stabilizing revenue. Execution. My point is ….. the stock continues to get zero credit for being able to execute well on this long term nicotine subject. …. It’s priced for a 20% revenue haircut. 💇♂️ w/ this $28/$29 price action. It really should trade in 30s. Oh well. I’ll
Keep adding. And the stock buybacks debt buyback work better when it all trades at a discount …… patience. I could understand bearish arguments at $40-$45.
jonas1986
Posted - 1 day ago
$BTI ITC Hotels Demerger: Local Media Reports
- BAT is likely to end up with 15% stake in ITC Hotels Ltd (plus 10% indirect stake through ITC)
- BAT's direct stake could be worth $400Mn
- ITC won't buy BAT's direct stake
- ITC Chairman says "BAT won't sell at a discount" and "ITC won't be involved in BAT's stake sale"
OldValueInvestor
Posted - 1 day ago
$BTI …. Keep saying. Menthol ban is out for 2024. It needs to reprice. $31/$32. Min expectation this year. Upside to $40-$45. GL….
Suckmaidk
Posted - 1 day ago
$BTI Barron's said delay in ban will save BTI "billions". Of course tobacco stocks down wtf. Decided to heavily add while rest of world was on 3 martini bender when news came out late Friday afternoon
Dicktater143
Posted - 1 day ago
$MO $BTI $PM to any of you desperate bears claiming the menthol ban is “delayed” and not cancelled , I have news for you . You’re literally counting on the word of a politician over your own eyes witnessing his actions lol . If democrats actually cared and thought banning menthol was a core tenant of theirs it would already be in the courts being fought . The fact that the White House made an official announcement means they WANT PEOPLE TO KNOW THE BAN IS BEING DROPPED . How anyone can turn a simple news story into a 4d chess narrative of Biden working his magic to ban cornpop’s favorite brand of cigarette is beyond me . It ain’t that deep fellas , ban isn’t happening .
Suckmaidk
Posted - 1 day ago
$BTI half the news said drops ban half the news said delays the ban which one is it?? (please)
Dicktater143
Posted - 1 day ago
$MO $BTI $PM lecorb blocked me because I called him out on his perma bear thesis , boy does it feel good today to be vindicated . How do you like them apples 🍎? https://www.wsj.com/politics/policy/menthol-cigarette-ban-explained-0c41df7a
Dicktater143
Posted - 1 day ago
$MO $PM $BTI tobacco bears be like “ menthol ban coming tobacco is uninvestable.” Also tobacco bears “menthol ban is done ? Whatever tobacco is still bad because like … I was told so.” What’s keeping down tobacco stocks again … hint not much … buy and hold as usual .
dayandswing22
Posted - 1 day ago
$BTI last chance to get in under $30
Wiseman55
Posted - 1 day ago
$BTI $MO the menthol ban being ditched was not priced in lol they just probably sold the brief pop to buy tech stocks. Welcome to investing in 2024
DonCorleone77
Posted - 1 day ago
$BTI $MO $PM $IMBBY $SPY Man, politics sure is a dirty business: HHS says proposed menthol cigarette rule to take 'significantly more time' U.S. Department of Health and Human Services Secretary Xavier Becerra issued the following statement on the proposed menthol cigarette rule: "This rule has garnered historic attention and the public comment period has yielded an immense amount of feedback, including from various elements of the civil rights and criminal justice movement. It's clear that there are still more conversations to have, and that will take significantly more time." Publicly traded companies in the tobacco products space include Altria Group (MO), British American Tobacco (BTI), Imperial Brands (IMBBY) and Philip Morris (PM).
tiktokstocks
Posted - 2 days ago
$BTI we already knew the ban would be withdrawn. It was already stated. So this drop back down is just correction on overreaction. Now bti needs to step up lobbying to 🔴 infringement of our freedom. Bidet is also back peddling on tik tok as well because both issues, are bulk of his voters. Ban Chinese vapes. They're dangerous.
BigSal69
Posted - 2 days ago
$BTI what was with that surge 20 minutes ago?
OldValueInvestor
Posted - 2 days ago
$BTI $MO $PM $XLP $XLU Called it. Menthol ban. … patience. These are going higher. If it can move there. It can go there. BTI for example 30+
tiktokstocks
Posted - 2 days ago
$BTI 🙂
BABAyaga2024
Posted - 2 days ago
$BTI oooooooo
CedricL
Posted - 2 days ago
$BTI look at the shorts still trying to keep it under 30. Unbelievable. They're not even trying to make sense anymore.
DonCorleone77
Posted - 2 days ago
$BTI $MO $PM $IMBBY $SPY So let me get this straight...the White House planned to ban menthol cigarette to benefit the health of people in society but decided to reverse course because they didn't want to offend Black voters. So...I guess it's okay for the health of black people to deteriorate as long as they vote Democratic while their alive??? White House drops plan to ban menthol cigarettes, WSJ reports After the White House weighed the potential public-health benefits of banning menthol cigarettes, the Biden administration is reversing course on its plan to avoid the political risk of angering Black voters in an election year, people familiar with the matter told The Wall Street Journal's Jennifer Maloney and Liz Essley Whyte. The administration is expected to announce its decision as soon as Friday afternoon, according to the sources. Publicly traded companies in the tobacco products space include Altria Group (MO), British American Tobacco (BTI), Imperial Brands (IMBBY) and Philip Morris (PM).
AlertsAndNews
Posted - 2 days ago
$BTI Biden Administration Is Abandoning Its Plan to Ban Menthol Cigarettes WSJ
wallstengine
Posted - 2 days ago
$BTI $MO $PM | The Biden administration is reportedly stepping back from its plan to ban menthol cigarettes. The announcement is expected as soon as Friday afternoon. Menthols account for over a third of all cigarettes sold annually in the U.S.
Wiseman55
Posted - 2 days ago
$MO $BTI Biden giving up on menthol ban
Wiseman55
Posted - 2 days ago
$MO $BTI whoa news? No menthol ban?
CedricL
Posted - 2 days ago
$BTI $MO Does anyone know why there is such a gap between the two after Altria's results (buybacks and leverage difference would be my guess but it still seems excessive to me) ? Should I suggest the company change its name to FuckYeahMurica Tobacco at the next general meeting or something ?