James Harries (Troy) - Exercising Discipline For Global Dividend Growth
Far From The Finishing Post
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The Future of the Tobacco Industry
Troy has an investment process whereby we are puttin quality before all other considerations. And by that, one means financial productivity, competitive positioning and brand depth and breadth of distribution. B at made a poor capital alocation decision when it bought the part of reynolds that it didn't own back in two thousand 16. They had close six times net debt to ebit do on the balance sheet. The market quite rightly punished them, and the show price pretty much harved over a period of time. E p s qurt year on year, was uninterrupted. An if you looked at the beight share price, you'd have thought i had several profits worn it. Actually, it
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