detomweri wrote:Guys,help me understand something,the BAT counter has been facing North even after trading ex dividend and the demand has been high compared to the supply.What is happening here?
BAT is trading on a P/E of 11 and historically it has a P/E of 18-20..
It has a dividend yield of 9% and historically it has a 6.5% dividend yield..
Dont forget expansion into South Sudan and Rwanda... I expect 2012 profits to be up 50-70%...
Going by these I think BAT ought to be trading at 500bob a share...
The only reason i actually hold this thing is because every single buddy of mine is a chain smoker...
Mark 12:29
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