justskiing brings up the same subject I related
to in post #798. Does anybody posting on this board
know where these inventories are and how much longer
before they "replenish" seemingly low inventories?
I heard (this week-end) that there is consideration
of another quota cut of 15% next year. Now we all
know that quota cuts here only disturbs the domestic
production. Are the foreign tobaccos at high enough quality
to replace domestics for the correct blend, burn,
taste, etc. etc.?
Thus Dimon's international
business had better be gearing up to make the difference
of the domestic slide, right?
As for the
liquor industry being next on the target list.......you
are way, way wrong about that.
information from those of you much closer to the 'insiders'
than me would be much appreciated.
see monk picked up 300k of dmn.good for
when oh when will the board recognize that w/o pricing
power, and none is in sight - the commodity business
must consolidate. call uvv today, please - we ain't
goin anywhere until they do.
Dimon is very active on the auction this
season.they are purchasing a good portion for P.Lorillard
Co.This will be processed in Dimon's factory.Maybe Dimon
will have agood year in the flue cured.The burley crop
is a near disaster due to dry conditions.Hopefully
with good sound management things will turn arround
and head north.