Parece que el nuevo CEO es igual de inutil que el anterior
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Esto es ser claro y conciso
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¿Igual? ¿Y no vale decir que es MAS?
Porque este ya se encontró con toda la kk hecha, y lo tenía a wevo para sacar lo que pudiera quedar debajo de las alfombras y cargarlo en la mochila del predecesor y así poder de algún modo empezar sin piedras en la suya. Al menos sin piedras nuevas.
Parece que no ha habido suerte y seguimos en más de lo mismo.
@vash, tú que te hablas con la gente del mundo, ¿Por qué no levantas el teléfono y llamas a alguno de los de Reddit?
Ahora que los pillas ya en caliente igual …
Un saludo.
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Del amigo Stefan …
“Imperial also said it expects to continue to raise its
dividend annually and buy back shares after cutting down debt
towards the lower end of its net debt to EBITDA target range of
2-2.5 times.”
Así que como se empeñen en ir al rango bajo de 2 veces EBITDA hasta el 2023 ni flus.
Un saludo.
Pero no hay que preocuparse, que tienen un plan. Y en cinco años … todos calvos.
Previsión CAGR 1-2% en el período 2020-25. Se van a salir de la tabla, tendrán que dar pastillas para el mareo.
Imperial Brands to focus on top five cigarette markets
Imperial Brands <IMB.L> on Wednesday laid out a five-year plan under its new chief executive that will focus on the company’s top five cigarette markets, invest in more high-growth areas for its next-generation products and build out its sales force.
The announcement is the culmination of a six-month review by Stefan Bomhard, who joined as CEO in July.
The maker of Kool and Winston cigarettes said it would focus its investments on cigarette markets in the United States, Germany, UK, Spain and Australia, which generate about 72% of group profits.
It also said it was resetting its next-generation products (NGP) strategy – considered the next frontier for tobacco – pouring money behind heated tobacco products in Europe and e-cigarettes in the United States.
Imperial has scaled down its aspirations for next generation products after missing several sales targets over the past five years. The company wrote down the value of that business by 124
million pounds last year after sales fell 27% in 2020.
“We will be more targeted in our investments,” Bomhard said at its capital markets event, adding that growth would be driven by local consumer preferences and market data.
Bomhard has previously blamed underperformance in NGP on rolling out too many products too quickly without consumer insights and data being fully available. [nL1N2I30D4]
He has since promised to turn around the struggling British company’s performance, by bringing in new talent, changing incentive structures and culture and intensifying its focus on its top markets.
Shares of the FTSE-listed company, however, were down 5.2%, even as it kept its forecast for 2021 intact.
“We expect the new plan will deliver a gradually improving trajectory in net revenue over the five years with a compound annual growth rate of 1-2% from FY2020-2025,” the company said.
Imperial will increase investments in areas, including sales and marketing, by about 50 million to 60 million pounds annually, which will be funded by cost savings, and therefore will not impact operating profit, at least for the first two years.
Un saludo.
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Seguir comprando
M*
After digesting Imperial Brands’ new five-year strategic plan, we are tweaking our assumptions and lowering our fair value estimate to GBX 3,000 from GBX 3,400. Our lower valuation reflects what we think are realistic assumptions based on Imperial’s position in the marketplace: a highly cash generative business, but a company not in a position to drive industry growth. It does not imply a material change in view, and we still regard Imperial as being grossly undervalued. The stock trades at less than 9 times forward earnings and offers a dividend yield of 10%, even when last year’s dividend cut is annualized. The tobacco industry faces a structural decline in its core business, and it is fair to say that Imperial Brands will not be at the forefront of the shift to next generation products. However, with tobacco operating margins north of 40% and very high cash flow conversion rates of close to 100%, we expect the business to continue to generate a great deal of cash, and this is not being fairly reflected in the current market valuation. In fact, for the first time in a few years, Imperial has a realistic roadmap to better financial performance, that if delivered, has the potential to support a rerating of the stock to earnings multiples closer to historical averages in the midteens range.
Stefan Bomhard has a new mantra for Imperial Brands: focus. The new CEO has unveiled a five-year strategic plan that will concentrate investments both geographically and on emerging categories that are likely to become the largest profit pools in the future. We think the plan makes sense because it positions Imperial as a fast follower in most markets, albeit a highly profitable one with strong cash flow generation potential that should drive returns to shareholders higher in the coming years.
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Hoy han abonado el dividendo en IBKR. 8 días de retraso.
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Por menos días de retraso se han celebrado bodas.
Un saludo.
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A mí me lo pagaron el martes en ing
A mi en IB lo veo abonado, pero no me sale todavía en los reportes. Miraré a ver mañana, hoy me salia ya el de MERCK, el de glaxo era hoy, espero q se retrasen menos que con IMB.
Hoy por la mañana también lo han ingresado en SelfBank 
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Candidatura a inclusión en “Lo mejor de la semana”
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Buenas a todos
A pesar de que les leo a diario no suelo participar pero esta vez querría hacerles una pregunta. Yo tengo bats en Ing, me dieron la posibilidad de cobrar el dvdo o pillar más acciones sin coste y ahorrándome el peaje fiscal y como no necesito el dinero ahora me decanté por cobrar el dvdo en acciones pero veo que casi todo el mundo se decanta por el cobro en metálico , hice mal¿ sale más a cuenta cobra en metálico:?
Muchas gracias de antemano
No hay ahorro fiscal alguno. ING Direct te ofreció un DRIP.
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Yo tb me he decantado por recibir acciones. Como es la primera vez que lo recibo no sé cómo va, ya que las compré hace un mes.
Además, he activado esa opción de cobrarlo siempre así.
Imperial Brands Current Yield Details - 8.86%
Dividends Declared in Previous 12 months
Year End Type Announce Date Ex-Dividend Date Payment Date Dividend
09/2020 Q1 19-May-20 28-May-20 30-Jun-20 20.85p
09/2020 Q2 19-May-20 20-Aug-20 30-Sep-20 20.85p
09/2020 Q3 17-Nov-20 26-Nov-20 31-Dec-20 48p
09/2020 Final 17-Nov-20 18-Feb-21 31-Mar-21 48.01p
Total: 137.71p
Dividend Yield =
Total Dividends**Current Share Price
=
137.71p1554.00p
= 8.86%
Dividend Cut - 09/2020 annual dividend cut from 206.57p to 137.71p.
Nueva compra mensual 561 acciones a 15.39 libras
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Con compras mensuales de ese tamaño en un plis plas eres IF
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