(29 quotes found)
“Yes there has been bad news but it's all in the stock. At this point, it is very attractive. It's certainly more attractive than RJR or UST,”
Martin Feldman
“The family reunion is a nice media expression. It's not really realistic at all. RJR has no interest in going back into the food business, ... Now it looks like it can buy $30 in cash for something less than that.”
“Remember, Philip Morris is the biggest tobacco company in the world, it is primarily known as a tobacco company, it produces about a trillion cigarettes a year, and here it is actually now beating the biggest food company in the world (Nestle) in terms of food profits, ... So it's a gigantic deal for Philip Morris.”
“It would be imprudent for RJR to pay down any of its existing debt,”
“Philip Morris is my favorite name in the group. I do like the stock at this point for three key reasons. One, I think litigation has been over-discounted. Two, the earnings growth does remain very attractive. And, third, I expect Philip Morris to enhance shareholder returns very significantly over the course of the next year or so,”
“RJR's [international operations] is much weaker than the others. It still presents better growth than its domestic business. But its margins have been shrinking.”
“Yes there has been bad news but it's all in the stock. At this point, it is very attractive. It's certainly more attractive than RJR or UST.”
“Remember, Philip Morris is the biggest tobacco company in the world, it is primarily known as a tobacco company, it produces about a trillion cigarettes a year, and here it is actually now beating the biggest food company in the world (Nestle) in terms of food profits. So it's a gigantic deal for Philip Morris.”
“It would be imprudent for RJR to pay down any of its existing debt.”
