I hold BAT, Scandinavian Tobacco and bought Imperial today.
BAT and Imperial are worldwide and i think dynamics and regulation will differ from country to country. They trade at 6 to 7 times Free Cashflow, so i think there is a big margin of safety.
With Scandinavian i see a lot of potential with their cigar business. Plus pipe tobacco and…
I hold BAT, Scandinavian Tobacco and bought Imperial today.
BAT and Imperial are worldwide and i think dynamics and regulation will differ from country to country. They trade at 6 to 7 times Free Cashflow, so i think there is a big margin of safety.
With Scandinavian i see a lot of potential with their cigar business. Plus pipe tobacco and cigars are treated different by the regulator (no tobacco tax for cigars in some US states). Scandinavian doesn't have to print horror picture on cigar and pipe tobacco packaging in Germany. So i think Scandinavian has not so much headwinds as the big cigarrete players.
I hold BAT, Scandinavian Tobacco and bought Imperial today.
BAT and Imperial are worldwide and i think dynamics and regulation will differ from country to country. They trade at 6 to 7 times Free Cashflow, so i think there is a big margin of safety.
With Scandinavian i see a lot of potential with their cigar business. Plus pipe tobacco and cigars are treated different by the regulator (no tobacco tax for cigars in some US states). Scandinavian doesn't have to print horror picture on cigar and pipe tobacco packaging in Germany. So i think Scandinavian has not so much headwinds as the big cigarrete players.
Why not also MO pure play USA with BUD stake and on! nicotine pouches no2. In USA?
I Think the same. In my opinion BAT, IMP and scandinavian Tobacco are must haves.
Do you reinvest the dividend in these stocks ?