Today, I have newly added British American Tobacco $BTI to my portfolio. I'm playing my cards right now with the current valuation, a decent dividend, stability, and the replacement of the CEO with the very experienced Tadeo Marrocco.
I am also very positive about the attitude of BTI investors who are pushing for the reintroduction of share buybacks.
What about you and tobacco companies, do you have them in your portfolio?
A community member's personal view, not investment advice. Community Guidelines
I'm happy about that - my largest position in my portfolio is $BATS and I overbought today. I have great confidence in the future of the company, especially after the CEO change you mention. The planned buybacks and debt reduction will also do the trick.
Well about vaping I could write here what a mess $PM makes 😁 but they know how to sell a tribute and that's why they are better no... Otherwise I have BTI and I'm not buying yet because there are better other opportunities outside of this sector. But we'll see how they handle it they have some catching up to do no doubt. 👍
I have it in my portfolio, but unfortunately I liked it before and bought it at $40, so I'm still sitting on a loss there, so I'm hoping they catch up with the competition and as you say, the new CEO will show some growth changes. 😊
I don't have a position here, but I've been following it for a long time. I don't think it's a bad investment. After all, maybe the dividends could cover any losses that can be sat on and then sold at a profit👍.
I don't have anything against tobacco either. But I think BTI's vaping is a bit of a bottleneck, they're missing out on the competition. I keep $PM myself.
I acknowledge that, vaping revenues are currently inadequate, but I wouldn't dismiss them. As I write in the post, there is a new CEO in charge and we may see changes soon.
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