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Msg  11854 of 11950  at  1/11/2017 1:49:31 PM  by

mo_strategist


 In response to msg 11846 by  Korynd
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Re: Another Wells report

Korynd: Why can no one just state a simple truth and leave it at that? PMI has not struggled "with other challenges" to its profit growth. They have had strong consistent local currency profit growth every single year since they were spun off from MO in 2008, with the past five years being no different in that regard.  The only significant difference in the past five years has been negative currency, not some additional other vague "challenges".
 
With the caveat I raised before (global cigarette consumption is currently falling), it looks like someone from the Motley Fool has been reading this board, because its just today put out a new article going over this very issue.  
 
Its a whole article on currency effect and PM.   Bottom line is, this author is bearish with respect to currency effect in 2017.
 
 "PM's biggest challenge"
 


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Msg # Subject Author Recs Date Posted
11855 Re: Another Wells report Korynd 0 1/11/2017 3:34:47 PM


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