| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 615.1 | P.M. was once known as "Big MO" | PIPE::DODGE | | Mon Nov 15 1993 09:29 | 13 |
| I own Phillip Morris now (at $50). Also American Brands (at $30).
I think they have another 15% to go in the next 6 months, even from
these levels. My sell targets are $70 for P.M. and $40 for Am Brands.
Both stocks pay around 5% dividends, and are near their 52 week lows.
P.M. is very big in non tobacco businesses (Kraft) and about 60% of
its tobacco business is outside the U.S. Other countries are not as
wild about healthcare or smoking as we in the U.S. are.
I would buy now and hold for 15% gains, plus the 5% dividends, over the
next 6 - 9 months.
Don
|
| 615.2 | Learn thy subject well ! | BLOFLY::SMITHP | Beware the knights who say "NT"... | Wed Nov 17 1993 07:33 | 25 |
| The stock has been largely out of favour this year, and is undergoing a
re-rating by the market. PM looks diversified enough to sustain their
dividend yield.
It makes good sense to buy into a price rise, rather than trying to
"pick the top or the bottom". It's fine to set a price target, but
why not let the stock (and the market) dictate this :
Why not say "I'll sell (take profit) if the shares drop 5% (say)
from a recent high." Get to know the company, and get a feel for
how the stock price reacts in the marketplace.
Also, ask yourself who is buying ?? Look at the historical performance;
is the current rate of increase consistent with rises over the last 5
years ?? A large institutional order could be pushing the price based
on dividend expectations. How does the recent turnover compare ??
Oops; letting my technical analysis run away with me; all I'm really
saying is get to know your prospects real well ...There could be 20%
or more in there, but who knows !!
Cheers,
Peter.
|
| 615.3 | Any thoughts ??? | CSCMA::BALICH | | Wed Aug 31 1994 16:54 | 15 |
|
Is the worst over ?
Philip Morris just announced a HUGE buyback of outstanding shares.
PLUS increased dividend from $276/share to $328/share, 20% increase.
Currently the stock is -
Symbol : MO Exchange : New York Stock Exchange
Description : PHILIP MORRIS COS INC
Current Price : 51.000 Volume : 7994400
$ Change : 2.500 % Change : 5.15
52 Week High : 61.000 52 Week Low : 45.375
|
| 615.4 | Wrong | PARVAX::SCHUSTAK | Digital...AndProudOfIt! | Wed Aug 31 1994 19:16 | 7 |
| Re -.1
I dount that's correct. You show a last price of $51. It's been trading
in the $55- $58 range the last few days, and In unnerstan it was up
today (hopefully the $2.5 I'd heard it was up at one point :-).
SteveS
|
| 615.5 | | CSCMA::BALICH | | Thu Sep 01 1994 11:27 | 5 |
|
re .-1
Your correct ... It was a mistake ... should read $61.
|
| 615.6 | | RANGER::CLARK | | Thu Sep 01 1994 18:21 | 2 |
| ... and if that dividend is really at $328/share for a stock trading at
$51/share, where can I get lots of shares fast %^)
|
| 615.7 | Gedne Howe has lots of investment opportunities | UCROW::PEARSON | | Fri Sep 02 1994 17:23 | 5 |
| Send check to Gedne Howe, in care of U. S. Marshals, Boston, MA.
I'm sure he has plenty to sell. Just don't expect to get the
dividend right away.
8-})>
|
| 615.8 | Dividend was raised | 2155::michaud | Jeff Michaud - ObjectBroker | Wed Aug 28 1996 16:23 | 5 |
| FWIW, as I reported in the tabacco topic, earlier this
week the expectations were that MO would either raise
their dividend or announce a stock buy back later
this week. Well they announced an increase in their
dividend (though now I don't recall how much)
|
| 615.9 | Tobacco stocks | CSCMA::BALICH | | Tue Sep 03 1996 12:30 | 8 |
|
re .-1
MO increased dividend from temping $4.00/share to a yummy $4.80/share.
A 20% increase.
|