Deleted
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Post by Deleted on May 14, 2017 10:17:57 GMT -5
Obviously the vast majority of investors don't live in our world; however, BTI (NYSEMKT) closed at a 52 week high Friday, $69.91. It appears the decision to discontinue production of Dunhill cigar and pipe tobacco lines hasn't hurt the corporation with investors which is somewhat curious. Are investors bullish on a potential sale of the lines, the corporation shedding these products due to lack of market competitiveness within the industry, a general decline in the enjoyment of these products or perhaps another intervening variable?
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Post by peterd-Buffalo Spirit on May 14, 2017 11:24:46 GMT -5
...thought provoking to say the least...
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jitterbugdude
Junior Member
Posts: 229 
First Name: Randy
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Post by jitterbugdude on May 14, 2017 12:40:02 GMT -5
Dunhill is small fish to BAT. They are more concerned with buying/selling millions of pounds of tobacco (especially to a billion Chinese).
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Post by stvalentine on May 14, 2017 13:08:02 GMT -5
There you have it, we will be ordering tobacco from China soon....
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Post by trailboss on May 14, 2017 16:39:20 GMT -5
There you have it, we will be ordering tobacco from China soon.... And it will have antifreeze in it, coal dust, and bits of dog food. |
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Post by papipeguy on May 14, 2017 17:02:08 GMT -5
The buy out of Reynolds helped. Being the big boy in the game is important and they recognize that Asia is a huge market. Eventual control over the vaping business is also a key. In short, follow the money, folks.
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charl
Junior Member
Posts: 490
First Name: Charl
Favorite Pipe: Stannie/Svendborg
Favorite Tobacco: Old Gowrie
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Post by charl on May 15, 2017 1:33:05 GMT -5
China is the biggest producer (and consumer, as far as I remember) of tobacco. Follow the money, I think.
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