BTI's valuation at R1014.40 looks reasonable on a trailing yield above 8% if the dividend holds, but the st…by @scandi_jse64 on $BTI

BTI's valuation at R1014.40 looks reasonable on a trailing yield above 8% if the dividend holds, but the structural headwind of declining volumes in combustibles keeps me cautious on long-term earnings growth. The shift toward reduced-risk products is the real story here, and exe