Interesting observation, after yesterday's Altria $MO results: Philip…

Skupnost

· Oct 27

Interesting observation, after yesterday's Altria $MO results:
Philip Morris sells more cigarettes in Indonesia than in the US (Altria).

It's one piece to the puzzle that shows how important emerging markets are in the cigarette business. In Indonesia, for example, almost 30% of the population over 15 years of age smoke.

https://x.com/tobaccoinsider/status/1717815293060472995?s=20

Osebni pogled člana skupnosti, ne naložbeno priporočilo. Pravila skupnosti

Daniela Duong @danieladuong Oct 27

But that's not news to me, a lot of tobacco focuses on Asia and young adults(or rather kids). If you start early,it's supposedly harder to quit. This was the reason I said no to tobacco :)

Rickie Reeve @rickiereeve Oct 28

It's not new, just a different perspective on the matter. I understand the moral dilemma well, though I don't follow it myself.

Claude Malouxe @claudemalouxe Oct 27

Here in Sri Lanka, they're smoking a hundred and six. 😂😂😂

Daniela Duong @danieladuong Oct 29

Yeah, I remember that every 2nd one of them was there, which means that the rest smoked passively:D It was impossible to avoid it at that time

⌘ K

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