Dod101 wrote:Seeing the dismal performance of BAT in 2018, Woodford got his sale correct so you never know he might be right in buying in again. I am still in shock when I see the 50% loss on BAT over the year. It now yields about the same as Imps so maybe it is about right and the peak of over £50 was simply froth. Anyway I suppose we ought simply to be glad that the dividend is holding up well enough. It looks oversold but I will not be buying any more.
People rarely miss a chance of knocking Woodford but he may be right on this one. In any case, it should give potential BAT buyers some confidence. Very British to knock the successful: the Brits pull people down a peg or two: the Americans lionise them. Could that feed back into national success or failure?
Like everyone, I was pretty amazed to realise how much BATs had fallen from grace. It is now No 2 in my top-up table, and that seems quite strange. The market is a weird place anyway just now and it wouldn't surprise me if the FTSE went below 6000, so for the moment I am trying to resist temptation until after B-day at least. Well, perhaps just a little morsel here and there.....
As ever, the problem is: so many sweets to choose from now the shop is open.