British American Tobacco is essentially a cash printing company. The big downside risks are regulation and reduction in tobacco use. I fully believe big tobacco firms will be able to capture a good amount of the vaping market over the next 3-5 years. In the meantime though the share price is at a ridiculous discount. and it is an excellent dividend payer. Solid solid solid financials and a real bargain for those seeking stable returns and also a 2 month trade plan.
Buy to hold long term under R561. Enjoy excellent dividend (quarterly) Sell at ~R640 if it gets there before October ends and wait for another entry. Stop loss R525.
Buy to hold long term under R561. Enjoy excellent dividend (quarterly) Sell at ~R640 if it gets there before October ends and wait for another entry. Stop loss R525.