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Philip Morris International Inc. (PM)

NYSE - Nasdaq Real Time Price. Currency in USD
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101.720.00 (0.00%)
As of 11:20AM EDT. Market open.

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  • s
    stefanos
    A little bit of "observation" news. The new IQOS ILUMA device is being introduced in places like Greece. I had a chance to talk to several users of this device, ex IQOS users and they LOVE IT. ILUMA for those that don't know, is the brand’s first tobacco-heating system to introduce induction-heating technology, which utilizes no blade and requires no cleaning. I also believe this device blows away BAT's case (which was BS in the first place) in the US as it doesn't use the blade in question (correct me if anyone knows differently).

    I know PM has this device in the FDA's approval pipeline and I am certain it will win approval and reduced risk status just like the original IQOS did. So where does that leave PM with distribution of ILUMA in the US? I think if we do buy Match, we go along at it and basically blow away the market, because as I said the response of ILUMA has been phenomenal. Or we licence it to MO and I so hope this time they role it out much faster than the original IQOS. Either way, ILUMA will become a game changer in the low risk tobacco field, believe me.
  • M
    Michael P
    Mexico has blocked the import of Iqos. Now that is a big bummer for us here.
  • d
    dbltrbl
    What's the latest on the Swedish Match acquisition? I read that several Swedish Match shareholder activist groups were opposing the sale and might have the muscle to block it. Anyone know about this?
  • D
    Dan K
    This has been dead money for six years.
  • J
    John
    PM stock crossed 200 day moving average which is a bullish sign. It also briefly touched the 50 day moving average which is also bullish. PM stock looks like it will continue to breakout to the upside. In my opinion the market still has not fully digested the magnitude of the growth in IQOS users that PM showed in the recent earnings report. This will be huge going forward. Also the magnitude of the revenue beat in the recent earnings report was incredible.
  • N
    Nick
    What do you guys think they will raise the dividend to next month? I'm think $1.30 a share
  • J
    John
    After Walmart's announcement about inflation, I will be heavily investing in PM stock as tobacco stocks tend to do much better than most other sectors during periods of high inflation. Not to mention the recent earnings from PM were great and the future looks bright with the great growth in IQOS users. For these reasons, I am loading up on PM. I will take advantage of any market weakness in the morning to buy more PM.
  • J
    John
    PM had a great earnings report. The percent of growth in IQOS users was large and this is a very important positive statistic. PM should be trading higher.
  • s
    stefanos
    So have we learned anything from this week boys and girls? You don't trade PM. You wait, collect the dividend, reinvested it if you are not retired yet, rinse repeat. Any wonder why I was able to retire at 58? With 100K coming from this one great company every year in the form of dividends lets just say I sleep well at night.

    Going forward I think PM will raise the dividend in September by 2%-3%. Like I said, rinse-repeat.
  • J
    Josh
    Resistance at 103. Any move back to 90 move all in
  • S
    Steve
    Josh: Don't you have anything else to do?
  • s
    stefanos
    Philip Morris Intl Q2 EPS $1.32 Beats $1.25 Estimate, Sales $7.83B Beat $6.67B Estimate
    BY Benzinga

    This is a huge beat for PM. I am in Greece right now and I can tell you that every other person is using IQOS. Asking around they love the device and I notice something else. They are chain smoking it. Some of the comments I got were. "I don't cough anymore". "I like it better than cigarettes'" The wife and I can now smoke in the house and our house doesn't smell like chimney anymore".
  • w
    william
    Let’s have our selves a day PM board! We deserve it! And a day where we hold our gains and stay heavy green into the A.H.
  • S
    Steve
    PM flying crammer and cnbc not a peep as usual but If it was down
  • J
    Jon
    It is all about pricing power,,,,,nice beat smoking hot.

    Philip Morris Intl Q2 EPS $1.32 Beats $1.25 Estimate, Sales $7.83B Beat $6.67B Estimate
    BY Benzinga
    — 7:00 AM ET 07/21/2022
  • J
    Jon
    $100 = by Labor Day,
  • C
    Courtney
    div raise to 1.30 coming soon to a share holder near you!!
  • D
    DennisK
    another divi increase around the qtr?
  • N
    Nick
    I think PM raises the dividend in Sep to $1.30 what do you guys thinK?
  • c
    chris
    PLEASE never ever mention Cramer again. Why would anyone follow or quote him. PLEASE he along with foul language should be banned from board.

    Wishing longs very well.