03-14-2015, 01:29 PM
(03-11-2015, 12:54 PM)Kerim Wrote: such as plain packaging initiatives.
Just last week the UK government made a decision for plain packaging.. think it was supposed to start at the beginning of 2016 but I'm not sure on that.
I don't know what the situation is on the other side of the pond but in Europe it's not only the governments that are anti tobacco. It's more and more of the people... smoking just isn't viewed as "cool" anymore and year after year the amount of smokers is dropping. It's a change in people's attitude and it's noticeable.
I hold a very small position in PM (one of my smallest ones) and I'm definitely not buying more. I even thought about selling but decided to see what happens and enjoy the steady dividend stream.