The resigners... - Part 2
So, Alison Cooper is bailing out of Imperial Brands. Below is the link:
https://www.investegate.co.uk/imperial-brands-plc--imb-/rns/directorate-change/201910030700016319O/..
So, Alison Cooper is bailing out of Imperial Brands. Below is the link:
https://www.investegate.co.uk/imperial-brands-plc--imb-/rns/directorate-change/201910030700016319O/..
Shares in Imperial Brands are enjoying a little bounce today. The stock is up around 3pc because Japan Tobacco's new chief executive, Mitsuomi Koizumi, has said:
"If there is a good M&A opportunity, company will pursue regardless of size."
So, naturally speculators are putting 2 and 2 together and coming up with...well, I have pasted a note below from Exane BNP Paribas so you can see what the broker thinks...
Tongues are wagging in the Square Mile (the City of London) after Imperial Brands decided to suddenly host an "investor webinar" tomorrow.
According to my moles, Alison Cooper - chief executive of Imperial Brands, formerly known as Imperial Tobacco - is planning to talk about the company's strategy with investors...
I guess today's stock market reports in the Financial Times and The Daily Telegraph edge the flag pole alert series further forwards. In case you missed it, I have pasted a link to Bryce Elder's report in the Financial Times below:
https://www.ft.com/content/80db9440-f929-11e6-9516-2d969e0d3b65..
I realise this is a bit a late in the day but a loyal reader has got in touch with an interesting nugget from Japan Tobacco's results earlier this week.
Tucked away on page 6 of Japan Tobacco's investor presentation is an intriguing line about how is looking to "expand geographically notably through acquisitions". Here is a link to Japan Tobacco's investor presentation in case you haven't read it:..
This announcement (see below) from Imperial Brands (formerly Imperial Tobacco) about a joint venture with China Tobacco has got a few market watchers all aflutter.
http://www.investegate.co.uk/imperial-brands-plc--imb-/rns/joint-venture/201701111300019232T/
One follower of the company described it as "massive news" likely to flush out the Japanese...
Apparently, Japan Tobacco are in London town this week for a "presentation". This has set a few tongues wagging. However, from what I understand the Japanese ciggie giant is here to talk to investors i.e. they are in town for an investor roadshow.
Still, I'm re-introducing Betaville's flag pole series in case there is more to it. For readers who don't recall, I have pasted a few links of past flag pole stories...