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BTI sitting at R1058 is pricing in some decent dividend yield given the tobacco headwinds, but the currency…by @mogale_morning on $BTI

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Mogale K.@mogale_morning·Neutral

BTI sitting at R1058 is pricing in some decent dividend yield given the tobacco headwinds, but the currency tailwind and cost discipline are keeping earnings resilient. Question is whether ESG outflows accelerate faster than management can cut costs.

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