3Mon·

$PM (-0.2%) After some time, there is some movement in the share price, partly due to a small sector rotation, but it seems that the market now believes PM more.

Significantly more expensive than $BATS (-0.23%) and also $2914 (-0.62%) do you see this as justified?

I'm still worried about the mountain of debt and I think the valuation is slowly stretching a bit too far.

3 Comments

I think the valuation is justified in view of the RRP share of sales. Debt is also still OK
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I have both $BATS and $PM and am quite happy with both, the dividend yield is just better with BATS
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