BTAFF News and Press, British American Tobacco Plc From 12/12/23

2023-12-12 14:50:16 ET Summary Last week, British American Tobacco p.l.c. shocked investors with a £25 billion impairment charge, mainly relating to its U.S. cigarette brands acquired in 2017. Given that Altria Group, Inc. only sells its cigarettes in the U.S., British Americ...

2023-12-09 14:32:06 ET British American Tobacco p.l.c. (BTI) 2023 Full Year Pre-Close Trading Update December 6, 2023, 3:30 a.m. ET Company Participants Tadeu Marroco - CEO Javed Iqbal - Interim CFO Victoria Buxton - Head of IR Conference Call Participants ...

2023-12-09 07:00:00 ET Summary "Sin stocks" are shares in companies involved in activities considered unethical, such as alcohol, tobacco, gambling, adult entertainment, or weapons. Certain investors tend to exclude sin stocks, but different cultures have different opinions on wha...

2023-12-08 15:00:52 ET Summary British American Tobacco announced a $31.5 billion write-down, causing its stock prices to plummet significantly. I will explain why the market has overreacted to the write-down, creating an unusual opportunity for investors. I do not expect any ...

2023-12-07 10:02:44 ET Summary British American Tobacco p.l.c. writes down value of its U.S brands from $80 billion to $50 billion, jolting the U.S. tobacco stocks. Marlboro continues gaining market share slowly but surely. Reinvesting at this level is likely to recoup origina...

2023-12-07 07:06:12 ET Summary British American Tobacco's shares slumped by close to 10% after announcing a write-down of intangible assets on its balance sheet. The write-down does not impact the company's cash position, cash flows, or dividends. BTI's reduced-risk products p...

2023-12-06 15:39:11 ET Summary British American Tobacco p.l.c. today announced a £25 billion impairment charge, mainly relating to its U.S. cigarette brands, sending BTI stock tumbling. The impairment charge is due to the change in the estimated useful life of the U.S. combus...

2023-12-05 22:50:05 ET Summary Our 3-step process focuses on wide-moat stocks (as per Morningstar’s rating). We are only interested in those targets that are attractively valued in historical comparison. We share the heat map of the most investable candidates that may b...

2023-12-04 01:28:10 ET Summary Tobacco giants such as British American Tobacco, Altria, and Philip Morris attract income-seeking investors with high dividend yields, yet face a shrinking customer base. PM is in a better spot for growth, given its market share in the heated tobacco...

2023-12-01 15:53:02 ET Summary Reframing from "What to buy?" to "What to sell?" I take an alternative look at Altria Group, Philip Morris International, and British American Tobacco. I will show which of the three companies has the least strong brand portfolio, the most opaque fut...