Not caring, not arguing, but still here apparently caring, and apparently arguing.

Man, you're clever. (I respect your opinions, generally, but you obviously have an undisclosed personal bias against these stocks - perhaps you should just disclose that and we can move on.)

1 ...

Report Post

Posted by OnTheBrink

Member since Mar 2012

5418 posts

Posted on 3/31/14 at 10:03 am to Ace Midnight

quote:
but you obviously have an undisclosed personal bias against these stocks

Not trying to jump in the middle of anything, but he did say:

quote:
Fundamentally, it's only slightly overpriced right now, IMO. However, as I've always stated, it's the types of investors holding these companies that scare me, not the business itself.

I didn't take that as a bias against PM at all.

1 ...

Report Post

Posted by Ace Midnight

Between sanity and madness

Member since Dec 2006

89538 posts

Posted on 3/31/14 at 10:15 am to OnTheBrink

quote:
I didn't take that as a bias against PM at all.

PM's P/E is about 15 1/2 - that does not appear to be overpriced in any way - considering the profitability of the company, I would consider that a borderline value pick.

MO with a P/E at about 16 1/2 - that's priced just about right - their future value is a little bit speculative, as cigarettes continue to get beat up in the U.S., but they have the potential to be a big player in nationally legalized marijuana.

Again - this is not a situation where a person "chases" a dividend yield, rather it is a company that makes money, consistently, and pays the dividend from those profits.

I don't see why the characteristics of a person that holds a stock has anything to do with an analysis of whether or not it is a good investment. Shouldn't due diligence stand on its own?

This post was edited on 3/31/14 at 10:16 am

0 ...

Report Post

Posted by Kerndog

Member since Nov 2008

34 posts

Posted on 3/31/14 at 12:43 pm to GeauxTigers777

Long PM

Will be adding MO to the portfolio in the coming months.

1 ...

Report Post

Posted by GeauxTigers777

Member since Oct 2007

1572 posts

Posted on 10/16/15 at 11:09 pm to Kerndog

Curious for a quick revisit. I held then and this makes a substantial amount of my young portfolio. With the dividend increase and all time high stock levels, I am baffled what to do. On one hand, I've almost double my money in mo over a 7 year time periods, but on the other hand,I fear the future of cigs in the US. PM is close to a 1 year high but paying close to 5% dividend with speculative growth.

Page 1 2