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    • Sue58
    • By Sue58 4th Dec 17, 2:23 PM
    • 104Posts
    • 24Thanks
    Fundsmith/Imperial Brands
    • #1
    • 4th Dec 17, 2:23 PM
    Fundsmith/Imperial Brands 4th Dec 17 at 2:23 PM
    I see from the Fundsmith monthly factsheet that Terry Smith has exited on Imperial Brands even though the current share price is fairly low? Is this because he is happy to concentrate on Philip Morris as his tobacco giant holding or has he lost confidence in Imperial; Brands?
Page 1
    • Prism
    • By Prism 4th Dec 17, 2:30 PM
    • 185 Posts
    • 129 Thanks
    • #2
    • 4th Dec 17, 2:30 PM
    • #2
    • 4th Dec 17, 2:30 PM
    I imagine he has been selling for months and in some ways influencing the lower price. Its probably due to IB selling to the US whereas Phillip Morris don't sell anything to the US.
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