INTRODUCTION 2023 is well into the 2nd quarter, and today we take a fresh look at tobacco stocks. We will look at a summary of the stocks’ performance since April 2021 and for 2023 year-to-date. My reports make no forecasts about tobacco stocks, but many of you are interested in their prospects. In the two years that these posts have been published, I have been fortunate to meet (virtually) several really great analysts who examine the companies in great detail.
There are also the foreign stocks or local listings of international players e.g. BAT Kenya (NSE: BAT) exports around the region, Eastern Tobacco (EGX: EAST) are the makers of the Cleopatra brand of cigarettes which is one of the most popular cigarette brands in Egypt and is sold in nearly every country in Africa etc were covered in my last week's post: https://emergingmarketskeptic.substack.com/p/em-fund-stock-picks-commentary-may-16-2023
There are also the foreign stocks or local listings of international players e.g. BAT Kenya (NSE: BAT) exports around the region, Eastern Tobacco (EGX: EAST) are the makers of the Cleopatra brand of cigarettes which is one of the most popular cigarette brands in Egypt and is sold in nearly every country in Africa etc were covered in my last week's post: https://emergingmarketskeptic.substack.com/p/em-fund-stock-picks-commentary-may-16-2023
I hope it’s OK with you if I mention two posts I recently published, one on Vector Group and the other on the FDA’s proposed menthol ban:
https://open.substack.com/pub/debunkingthedebunkers/p/vector-group-traditional-discount
https://open.substack.com/pub/debunkingthedebunkers/p/revisiting-fdas-proposed-menthol
+1 for including Invariant on the list