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Not sure if PM break out non US regions but based on these numbers looks favourable
"The fourth quarter also marked the first anniversary of our combination with Swedish Match, which delivered very strong results in 2023 driven by the stellar U.S. performance of ZYN."
https://www.businesswire.com/news/home/20240207811391/en/Philip-Morris-International-Reports-2023-Fourth-Quarter-and-Full-Year-Results-Delivers-2023-Full-Year-Reported-Diluted-EPS-of-5.02-and-Adjusted-Diluted-EPS-of-6.01-Representing-Currency-Neutral-Growth-of-11.0-Provides-2024-EPS-Forecast
Welcome to the smokefree generation: Soon it could be illegal to ever sell tobacco to anyone turning 15 this year or younger. Here's why...
https://www.dailymail.co.uk/news/article-13077725/Welcome-smokefree-generation-Soon-illegal-sell-tobacco-turning-15-year-younger-Heres-why.html
Zyn update i have been on zyn for over two months now.i have not wanted or had a smoke since starting on zyn.Good stuff that works.
"The company witnessed impressive results from the Swedish Match business in the third quarter, driven by ZYN in the United States. Revenues from smoke-free products (excluding Wellness and Healthcare) jumped 35.7% to $3,234 million (up 16.2% organically) in the third quarter of 2023"
https://finance.yahoo.com/news/philip-morris-pm-focus-smoke-124600110.html
So why is shell even thinking of delisting to Dow?
The Dinosaur Market can only value oil companies wouldn’t have a clue what ZYN is & probably thinks it’s a clothing brand!!! Joke market.. 70p!!
ZYN is very much fundamental to PM's future strategy
https://uk.investing.com/news/stock-market-news/philip-morris-internationals-expansion-in-smokefree-products-and-strong-zyn-momentum-reinforces-confidence-morgan-stanley-3177620
Take ZYN for your SINN.....stops smoking instantly
'In his speech to Parliament, King Charles said that the Government would 'introduce legislation to create a smoke-free generation by restricting the sale of tobacco… and restricting the sale and marketing of e-cigarettes to children'.
https://www.dailymail.co.uk/health/article-12719811/Rishi-Sunak-defies-Tory-revolt-vows-create-smoke-free-generation-law-banning-children-aged-14-buying-cigarettes.html
"You guys get more deluded by the day...wake up from that fairy tale land you're living in. The Fund managers have ten times more data and sources of information than a bunch of amateur detectives on here. If anything significant was in the offing the SP would have shot up by now, not declined to 60p...Wake Up!"
So please explain why the vast majority of active funds with the data rich, well connected fund managers always underperform the passive funds and I imagine also underperform expericienced private investors ?
How dare you moniman, "a bunch of amateur detectives on here"?
You have it from Pmh yesterday that these are all "seasoned investors".
LMFAO.
You guys get more deluded by the day...wake up from that fairy tale land you're living in. The Fund managers have ten times more data and sources of information than a bunch of amateur detectives on here. If anything significant was in the offing the SP would have shot up by now, not declined to 60p...Wake Up!
From yesterday: "narrowing trading range of 65.68 to 60.72, which it breaks first is important."
It broke down just below that range at open. Would guess it's going to need some help to hold in the 60s today.
*All of this and yet the SP is going to be in the 50’s come the end of the day…*
SP isn't the company and all that jazz.
Not sure it will close in the 50s.
There's a bit of support around 61p.
We're being sucked down by the US markets as far as I can tell.
Probably finish 5% up - that's about how predictable this SP is.
DYOR
Well its a WIP so not baked into latest numbers. you can see most of it is new/ under construction with products out of stock whilst they gear up. guess PM are not allowing THG to press release it (which is very normal, and Moulding highlighted this). until the sales come in, the lazy LSE wont count it, but it will unlock high GMW and ebitda once fully operational and this will of course help the Share price eventually
All of this and yet the SP is going to be in the 50’s come the end of the day…
lots of new country websites under construction (play around with the country to see) like denmark/ canada/ sweden/ ****stan/ international etc
thg has uk and switzerland for now, with more markets hopefully being constructed by them
https://international.zyn.com/en/international/?_gl=1*wwf048*_ga*mtk3nza4ndgymc4xnjk4mzg0nzey*_ga_jkhs4w8m5c*mty5odm4ndcxmi4xljeumty5odm4ndgyoc4ymi4wlja.
This is incredible research by 1pencil/ AS1/ Manc. Cigarette substitute products are perfect for d2c as high value/ low weight so perfect logistics, have very high marketing budgets to support through d2c and for customer acquisition, need explanation and education of the features, benefits and advantages (d2c is perfect where you as the brand owner can talk directly to your customer) and also get first party data to test and learn.
and it helps vivek background is tobacco (at BAT). this is a whale for sure, just need to get the lucrative US market, which the infastructure is all there for now
One more to add to the list, Shiro is the other leading brand owned by Phillip Morris.
Ingenuity also flagged for Shiro, site under construction (scroll to bottom)
https://storeleads.app/reports/thehutgroup/category/Smoking%20&%20Vaping
Interesting on that ZYN Uk link most of the products are sold out! Better get a few million more in the warehouse Matt…
THG - Global distributor of nicotine replacement products...would. Make. A. Fortune.
Nice one Manc, I must admit this one completely passed me by.
Could be our 'Red Bull' moment..
(lol)
Hi @1Pencil
I think you are spot on.
No doubt MMM will mock me for this...but in 2013 I did my MBA thesis on nicotine replacement products with 2 pharmacists. We concentrated at the time on the fact that they were the domain of start up companies. No pharmaceuticals would touch them. We predicted the market would switch to tobacco companies stealing the charge on these, because they absolutely had to and pharma companies couldn't be seen to compromise their health credentials by majoring on them. Anyway...
That is now irrelevant. The market for these is huge. I've bought a few vapes in my time, which I'm not proud of, but amazon is the go to, which is pants for this. A defined product supply chain for these will be far better and if THG can be part of that it'd be great business sense. Nicotine replacement is not going to go away, no matter what anyone says.
Great research as always. I also think it’s HUGE @1pencil that Ingenuity is rolling out for them in different territories. I’m amazed the market are not recognising this… ZYN Ingenuity UK Site below..
https://uk.zyn.com/
I was going to leave this post until the weekend but it feeds into this evenings posts on Ingenuity, could also serve as a template.
Some background on Zyn, tbh I dismissed the product without fully realising just how popular it is, starting with Philip Morris recent quarter results:
"The outstanding performance of Swedish Match – fuelled by the growth of ZYN in the U.S. – is accelerating our smoke-free transformation"
"ZYN nicotine pouch (NP) shipment volume in the U.S. of 89.9 million cans, representing growth of 53.1% versus second-quarter 2022 Swedish Match shipments of 58.7 million cans"
https://www.pmi.com/media-center/press-releases/press-details?newsId=26631
How much did it cost Philip Morris to enter this market:
"The company also made a huge move to acquire Swedish Match, which makes the oral nicotine pouch maker Zyn. The acquisition closed in late November and cost Philip Morris $16 billion"
"Zyn is immensely popular in the United States, where it has approximately 75.7% market share"
https://www.fool.com/investing/2023/03/17/a-bull-market-is-coming-3-reasons-to-buy-philip-mo/
GQ magazine commentary:
Why Are Zyn Nicotine Pouches Suddenly Everywhere?
https://www.gq.com/story/zyn-nicotine-pouches-suddenly-everywhere
Its easy to see where high GMV figures can be generated, just extrapolate quarter number of US sales for one year.
We only have a couple of sites confirmed Ingenuity at the moment as detailed below, this is a 10 year partnership until 2031 so plenty of onboarding time..