Seeking Alpha

The wave of the future?

  • Welsh authorities mull a ban on the public use of e-cigarettes over concerns it could lead to an increase in the consumption of conventional smokes. It would be the first such ban in the U.K.
  • Bans currently exist in Singapore and Brazil. Several U.S. cities including NY and LA restrict their use in some public places.
  • (LO) (PM) (BTI) (MO)
Comments (34)
  • gray67
    , contributor
    Comments (42) | Send Message
     
    Sounds good to me...... Ban e-cigs, ban soft drinks, ban marajuana, ban booze, ban MA pills, those bans have all worked well.....Haven't they?
    2 Apr, 12:09 PM Reply Like
  • bumbulus153
    , contributor
    Comments (13) | Send Message
     
    you forgot corrupt state and federal politicians, lobbyists,and the liberal mind set that gave us Obamacare..
    2 Apr, 12:12 PM Reply Like
  • yachtsman3
    , contributor
    Comments (121) | Send Message
     
    Huh?

     

    I think you've stumbled onto this page by mistake. This is an investment page, not a political platform.
    2 Apr, 02:13 PM Reply Like
  • nativearizonan
    , contributor
    Comments (13) | Send Message
     
    #bumbulus153 and #gray67: Are you people lost? This is Not a political forum here! The whole point of this article regards the implications of such a ban and how it will affect future performance and market values ofcigarette/tobacco companies if the trend in Wales becomes more internationally accepted. Altria is expecting to generate revenue by expanding into the e-cigarette market. This could certainly throw cold water all over that idea.
    It is all about making money here, not the mindless political obsessions of Replublicans and Democrats.
    3 Apr, 02:25 AM Reply Like
  • tomdgascop
    , contributor
    Comments (42) | Send Message
     
    Anything that people want you can bet Obama will tax it to death ! 
    2 Apr, 12:38 PM Reply Like
  • yachtsman3
    , contributor
    Comments (121) | Send Message
     
    Like being able to go to the doctor and not have it bankrupt you...

     

    Really? Really?

     

    And what do your political views in the US of A have to do with an e-cig smoking ban in Wales?

     

    Your credibility just went to zero.
    2 Apr, 02:12 PM Reply Like
  • seterk
    , contributor
    Comments (198) | Send Message
     
    Obama doesn't create laws, Congress does, and he can sign or veto them.
    2 Apr, 07:35 PM Reply Like
  • u01bsb0
    , contributor
    Comments (616) | Send Message
     
    thats like banning non-alcoholic beer in the fear those might use conventional beer....not that id ever care if non-alcoholic beer was ever banned.
    2 Apr, 12:38 PM Reply Like
  • jmjjmj1
    , contributor
    Comments (149) | Send Message
     
    wow, uk e cig ban is Obama and liberals fault...wow
    2 Apr, 12:40 PM Reply Like
  • tomdgascop
    , contributor
    Comments (42) | Send Message
     
    You bet if... YOU don’t like it or want it... don’t BUY it. Leave us alone worry about your self.
    2 Apr, 12:58 PM Reply Like
  • JDDurango
    , contributor
    Comments (137) | Send Message
     
    jmjjmj1,

     

    "wow, uk e cig ban is Obama and liberals fault...wow"

     

    Who said that?
    2 Apr, 01:18 PM Reply Like
  • yachtsman3
    , contributor
    Comments (121) | Send Message
     
    It looked like bumbulus153 implied it - although he might have meant something different.
    2 Apr, 02:15 PM Reply Like
  • frrizzo380
    , contributor
    Comments (573) | Send Message
     
    Spitting is also banned, as is adultery... some laws are unenforceable. Did lawmakers stop and think how they are going to enforce these laws?
    2 Apr, 12:45 PM Reply Like
  • Minutemen
    , contributor
    Comments (692) | Send Message
     
    They're just banning public smoking and not banning e-cigs outright. Its no different than banning smoking in restaurants and public buildings. This will have no impact on users who want to smoke, e-cig or otherwise. Smoking rates have been declining for decades due to more public awareness of the risks, not because they don't see people smoking in restaurants.
    2 Apr, 12:57 PM Reply Like
  • JDDurango
    , contributor
    Comments (137) | Send Message
     
    That's not what the article says...it's not just banning public smoking, it's banning public smoking because they believe it may lead to the increased use of conventional smoking.

     

    Not the same as banning smoking in restaurants and public buildings...at all.
    2 Apr, 01:21 PM Reply Like
  • Minutemen
    , contributor
    Comments (692) | Send Message
     
    JDDurango: regardless of the reason, they are ONLY banning e-cigs in "enclosed public spaces." They are not banning e-cigs outright. One could still smoke their e-cigs outside in a public park, public street, or in your own home.

     

    Although the data at this point is scares, there have been a couple of studies that have shown that teens who start using e-cigs are more likely to start using regular cigarettes later. That of course does not imply any causal relationship (the teens may have started smoking cigs anyway). Using e-cigs also does not appear to result in tobacco smokers quitting either (that's because, contrary to what people think, nicotine by itself is not addictive - it takes nicotine + about 7 other chemicals in tobacco to make it highly addictive).

     

    In any case, I do not see banning smoking in public enclosed spaces as having any negative impact on sales.
    2 Apr, 01:58 PM Reply Like
  • Buyandhold 2012
    , contributor
    Comments (1835) | Send Message
     
    I can think of a lot more things that the nanny state should ban: 1) corn starch 2) artificial sweeteners 3) potato chips 4) any drink with too much sugar in it 5) canned Spam 6) candy 7) plastic bags 8) artificial turf 9) hair extensions 10) hair dye 11) any movie with the word saw in it 12) that female singer with the last name Cyrus who acts strange on stage.

     

    Let's face it, the American public needs to be protected.
    2 Apr, 01:17 PM Reply Like
  • yachtsman3
    , contributor
    Comments (121) | Send Message
     
    @buyandhold:

     

    LOLOL. Especially #'s 9 and 11!
    2 Apr, 02:26 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3573) | Send Message
     
    Leave Spam (HRL) alone! A generic version called Treet is identical, and much cheaper, though. More salt bang for your bucks. :)
    2 Apr, 06:08 PM Reply Like
  • magi48
    , contributor
    Comments (159) | Send Message
     
    Ban this or that is nothing but a BIG smoke screen to cover the real problems in the world. It lacks good leadership. Our water and air is being polluted at an alarming rate. But no country is truly addressing any solution to a world problem.
    2 Apr, 01:33 PM Reply Like
  • maalem666
    , contributor
    Comments (7) | Send Message
     
    This is the firs step in order to treat e-cig exactly like conventional cigarets .
    The finality is to align taxation since low taxed e-cig are cannibalizing huge tax revenues from tobacco.
    2 Apr, 01:58 PM Reply Like
  • Be Here Now
    , contributor
    Comments (3760) | Send Message
     
    I think you hit it on the head. E-cigs and vaping are low margin businesses. Limiting their use will not only support tax revenues, it will also support tobacco profits.
    2 Apr, 02:46 PM Reply Like
  • JIMSK
    , contributor
    Comments (137) | Send Message
     
    here is another idiot plan...

     

    the government is putting grinder pumps [ to deal with sewage ] in the florida keys on each property
    instead of using proper waste management practices ,, guaranteed to ruin the
    coral reefs and the waters arround florida and the gulf of mexico
    try that on for size..

     

    and they say the reason they are doing it is because it is cheaper ..

     

    go figure ...

     

    jim
    2 Apr, 02:03 PM Reply Like
  • yachtsman3
    , contributor
    Comments (121) | Send Message
     
    @JIMSK:

     

    Uhhh...

     

    I think we're slightly off topic here.

     

    Back to the point: Wales has a total of three million people. For context, it has 8.9 million sheep. What Welsh authorities "mull" (let alone "do") about e-cigs - for whatever reason - is hardly likely to show up on MO's or LO's balance sheet or income statement, even as a rounding error.

     

    It will have even less impact on their dividends.

     

    This headline is a red herring.
    2 Apr, 02:24 PM Reply Like
  • nativearizonan
    , contributor
    Comments (13) | Send Message
     
    The Welsh government has a hidden agenda: to prevent all those sheep from second hand cigarette smoke. They won't be able to pull the wool over the public's eyes on this one. A ratio of Three sheep to every human. I'm sure there is another humorous story there somewhere. The Welsh version of " The Mouse That Roared."
    LOL.
    3 Apr, 01:23 AM Reply Like
  • dbt01
    , contributor
    Comments (371) | Send Message
     
    where will the government get their needed tax money then?
    2 Apr, 04:17 PM Reply Like
  • seterk
    , contributor
    Comments (198) | Send Message
     
    Good question for the Australian government now!
    2 Apr, 07:43 PM Reply Like
  • ppars
    , contributor
    Comments (29) | Send Message
     
    I have noted that non smokers are now vaping. Former smokers who had quit the real thing, are back to caping. I suspect that vaping will be a very big thing for tobacco companies. I own two of them, both doing well and giving me lots of dividends; but I aim to add MO very soon. I am a non smoker and only recently decided to add tobacco to my portfolio. Glad that I decided to.
    2 Apr, 09:48 PM Reply Like
  • JIMSK
    , contributor
    Comments (137) | Send Message
     
    what 2 stocks are you holding ??
    jim
    3 Apr, 08:54 AM Reply Like
  • jpate
    , contributor
    Comments (4) | Send Message
     
    A better idea--ban politicians.
    3 Apr, 07:34 AM Reply Like
  • JIMSK
    , contributor
    Comments (137) | Send Message
     
    better yet ban politicans that smoke e cigaretts cause they are cutting into our tax revenue
    jim
    3 Apr, 08:55 AM Reply Like
  • JIMSK
    , contributor
    Comments (137) | Send Message
     
    the reason people are posting off the wall items here is because of
    the rediculous article that was posted here
    jim
    3 Apr, 08:57 AM Reply Like
  • ppars
    , contributor
    Comments (29) | Send Message
     
    The two stocks that I hold are PM and RAI. PM is down a bit from my price, while RAI is up quite a bit. I do some traveling in Spain during the summer and you cannot imagine the pleasure it is seeing just about everyone lighting up their Marlboros. Some of our heavy smoking relatives have righteously taken up vaping. Some non-smoking relatives and friends have even taken up vaping. My own limited perspective sees vaping as a way to keep people addicted to the whole culture of the cigarette...holding something in your fingers, getting a nicotine fix, "relaxing" with that first coffee or with the evening cocktail.
    4 Apr, 08:42 PM Reply Like
  • JIMSK
    , contributor
    Comments (137) | Send Message
     
    cigaretts are like alcohol and govts love them as they are a geat cash cow ..
    so govts will continue to tax the h out of them .. but will stop short of killing the golden goose ..
    an investors dream better than coca cola

     

    jim

     

    but i could be wrong ..
    5 Apr, 09:16 AM Reply Like
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