Entries Tagged 'Conferences' ↓

Tobacco Plus Expo 2010

The Show that means business for all those in the tobacco business. It’s @ the Las Vegas Convention Center, March 3rd & 4th 2010. Who’s going? Report back! Tell us what was good? What was new? What you learn? Have a great time! – See you at the show!

TabInfo Asia 2009 – Bangkok Thailand – fallout.

Even before it opened TabInfo Asia 2009, held in Bangkok Thailand November 11-13, had problems which only became worse.

Originally arranged as a private Tobacco Industry event, the Thai government declared it public shortly before opening. This meant all Thai tobacco restrictions on advertising and tobacco product display (which are stringent) were effective – something the organizers (Tobacco Reporter and Think Event Marketing) thought had been covered.

Caught wrong-footed the organizers rushed to issue statements to exhibitors advising the new restrictions and the penalties for violators. With this back-drop it became unviable to show any tobacco products or advertising without risking fines and / or imprisonment - something not too many exhibitors were willing to risk.

Under goverment pressure the Thai Tobacco Monopoly converted their mega show-case anchor stand into a Welcome to Thailand Center.

Demonstrators gathered outside the site to protest on the first day – kept at bay by last-minute security personnel.

Total attendance was less than 1,000 visitors over three days leaving plenty of time to renew acquaintances with tobacco colleagues and fellow exhibitors from around the world. Opportunities to develop contacts and conduct business evaporated -leaving dismay and cost.

Post exhibition; the original decision to hold a show in Thailand looked flawed. The exhibition hall at the Impact Centre (sic)  was a considerable distance from the centre of Bangkok requiring a commute of 40 minutes each way – assuming traffic cooperated (which it didn’t.) Predictably exhibitors were upset – raising the broader issue of the number of Tobacco exhibitions in close proximity between Tobacco Reporter (TR), World Tobacco (WT) and Tobacco Intenational (TI.)

To illustrate; in 2010 Tobacco International (TI) holds its annual show in Krakow Poland April 15-17. WT plans its show in Hyderabad India April 21/21, TR a networking forum (gtnf) in Bangalore in October – followed by WT Asia in Jakarta October 27-29. 2011 sees a WT show in Munich November 8-10 then TR Prague November 15-18. WT plans another show in Jakarta in November 2012.

The industry can’t keep up. The Tobacco Industry cost structure has changed and the show organizers show no sign of acknowledging this fundamental shift. The signs are all around. Big tobacco withdrew its participation about 10 years ago, followed by the larger machinery suppliers. Shows have shrunk and so has attendance.

The show organizers need to reconsider their events as there is mounting evidence it is unsustainable.

Feel free to add your comments and suggestions…………………………

Tab-Info Asia

Will be held this November 11 – 13 at the Centara convention centre in Bangkok Thailand, hosted by Tobacco Reporter and organised by Think Event Marketing. Besides the exhibition there will be a concurrent congress on topical issues affecting the industry presented by Global leaders from the Tobacco Industry.

I plan on attending and will be pleased to see you there.

Let me know

Vice Fund – USA Mutuals – Free conference call

  A COMPLIMENTARY CONFERENCE CALL 

 UNDERSTANDING SIN INVESTING 

POTENTIAL OPPORTUNITIES IN UNCERTAIN MARKETS 

With Special Guests:

Dr. KC Ma, Roland Chair of Investments at Stetson University and author of Sin Stock Returns with Dr. Fabozzi of Yale University

Mr. Thomas Schumann, Chairman and Co-Founder of German Tobacco Group AG, Frankfurt 

 A COMPLIMENTARY CONFERENCE CALL 

 UNDERSTANDING SIN INVESTING 

POTENTIAL OPPORTUNITIES IN UNCERTAIN MARKETS 

With Special Guests:

Dr. KC Ma, Roland Chair of Investments at Stetson University and author of Sin Stock Returns with Dr. Fabozzi of Yale University

Mr. Thomas Schumann, Chairman and Co-Founder of German Tobacco Group AG, Frankfurt 

 

You Heard About the Vice Fund…

Now Learn Why Vice Investing May Be For You!

The past year has seen unprecedented market volatility. But while these turbulent markets have been painful for traditional sectors, they have created greater awareness and appreciation for the widely misunderstood Sin sector. 

Ask the experts your own questions during our audience Q&A segment!

Registration is limited, so secure you place today online, either reply to this email or click http://www.usamutuals.com/contact.aspx to reserve your spot.

 

Please join us on a special conference call as we  further educate investors on the potential opportunities within the Sin sector.   

Past performance is not a guarantee of future results.The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other information about the investment company, and it may be obtained by contacting 866.264.8783 or go to www.USAMutuals.com, or contact your financial advisor. Read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.  The Vice Fund is non diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund.  Therefore, the Fund is more exposed to individual stock volatility than a diversified fund.  The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.  The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility.   

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

The USA MUTUALS Funds are distributed by Quasar Distributors, LLC.

 


Charles Norton, CFA portfolio manager of the USA Mutuals Vice Fund will be moderating an informative and entertaining  discussion featuring two of the  leading experts on Sin Stocks as they discuss:

  • What is considered a Sin/Vice company?
  • Empirical evidence on how sin stocks have performed versus the S&P 500, on a risk-adjusted basis, for the period January 1970-June 2007
  • Performance of sin stocks in different market conditions
  • Potential financial cost of abstaining from ‘Sin’ stocks
  • The business of tobacco
  • How investors may potentially profit from investing in ‘Sin’ related industries such as Tobacco
  • How will the new government programs influence the market?
  • Should Sin stocks  be a core part of an asset allocation investing strategy?

You Heard About the Vice Fund…

Now Learn Why Vice Investing May Be For You!

The past year has seen unprecedented market volatility. But while these turbulent markets have been painful for traditional sectors, they have created greater awareness and appreciation for the widely misunderstood Sin sector. 

Please join us on a special conference call as we  further educate investors on the potential opportunities within the Sin sector.   

Charles Norton, CFA portfolio manager of the USA Mutuals Vice Fund will be moderating an informative and entertaining  discussion featuring two of the  leading experts on Sin Stocks as they discuss:

  • What is considered a Sin/Vice company?
  • Empirical evidence on how sin stocks have performed versus the S&P 500, on a risk-adjusted basis, for the period January 1970-June 2007
  • Performance of sin stocks in different market conditions
  • Potential financial cost of abstaining from ‘Sin’ stocks
  • The business of tobacco
  • How investors may potentially profit from investing in ‘Sin’ related industries such as Tobacco
  • How will the new government programs influence the market?
  • Should Sin stocks  be a core part of an asset allocation investing strategy?

Ask the experts your own questions during our audience Q&A segment!

Registration is limited, so secure you place today online, either reply to this email or click http://www.usamutuals.com/contact.aspx to reserve your spot.

 

 

 

 

 

  

Past performance is not a guarantee of future results.

The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other information about the investment company, and it may be obtained by contacting 866.264.8783 or go to www.USAMutuals.com, or contact your financial advisor. Read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.  The Vice Fund is non diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund.  Therefore, the Fund is more exposed to individual stock volatility than a diversified fund.  The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.  The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility.   

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

The USA MUTUALS Funds are distributed by Quasar Distributors, LLC.

  Logo_XSmall.gif
 
  Conference Call
Information
 
 
 
  Date:   Wednesday, July 29, 2009  


  Topic:   Understanding Sin Investing  


  Time:   3:30 p.m. Eastern  


  Register   Email Info@USAMutuals.com  



  Website:   USAMutuals.com  
 
 
       

 

You Heard About the Vice Fund…

Now Learn Why Vice Investing May Be For You!

The past year has seen unprecedented market volatility. But while these turbulent markets have been painful for

Past performance is not a guarantee of future results.The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other information about the investment company, and it may be obtained by contacting 866.264.8783 or go to www.USAMutuals.com, or contact your financial advisor. Read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.  The Vice Fund is non diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund.  Therefore, the Fund is more exposed to individual stock volatility than a diversified fund.  The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.  The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility.   

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

The USA MUTUALS Funds are distributed by Quasar Distributors, LLC.

 


You Heard About the Vice Fund…

Now Learn Why Vice Investing May Be For You!

The past year has seen unprecedented market volatility. But while these turbulent markets have been painful for traditional sectors, they have created greater awareness and appreciation for the widely misunderstood Sin sector. 

Please join us on a special conference call as we  further educate investors on the potential opportunities within the Sin sector.   

Charles Norton, CFA portfolio manager of the USA Mutuals Vice Fund will be moderating an informative and entertaining  discussion featuring two of the  leading experts on Sin Stocks as they discuss:

  • What is considered a Sin/Vice company?
  • Empirical evidence on how sin stocks have performed versus the S&P 500, on a risk-adjusted basis, for the period January 1970-June 2007
  • Performance of sin stocks in different market conditions
  • Potential financial cost of abstaining from ‘Sin’ stocks
  • The business of tobacco
  • How investors may potentially profit from investing in ‘Sin’ related industries such as Tobacco
  • How will the new government programs influence the market?
  • Should Sin stocks  be a core part of an asset allocation investing strategy?

Ask the experts your own questions during our audience Q&A segment!

Registration is limited, so secure you place today online, either reply to this email or click http://www.usamutuals.com/contact.aspx to reserve your spot.

 

 

 

 

 
 

Invest Your Knowledgesm

 For more information regarding USA Mutuals and the USA Mutuals Vice Fund  please visit us at                               http://www.usamutuals.com/.  

 

   


 
  Past performance is not a guarantee of future results.The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other information about the investment company, and it may be obtained by contacting 866.264.8783 or go to www.USAMutuals.com, or contact your financial advisor. Read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.  The Vice Fund is non diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund.  Therefore, the Fund is more exposed to individual stock volatility than a diversified fund.  The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.  The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility.   

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

The USA MUTUALS Funds are distributed by Quasar Distributors, LLC.

 


TMA Conference – a big success

TMA held its annual conference and meeting again at the Kingsmill resort in Williamsburg Virginia – May 18 – 19 2009.

The theme was pending FDA industry regulation and its potential impact. There was lots to discuss and a lively debate ensued on several diversely related topics.

Clearly FDA regulation will have a profound impact on the industry – when it eventually happens. Clearly there’s much work to do.

World Tobacco – Asia (and WT Magazine’s subsequent demise)

The World Tobacco Asia – 2009, exhibition and congress was held again in Bali Indonesia at the Westin Nusa Dua – April 22 – 24 2009.

The resort is gorgeous and a great location for the exhibition as the center is within the resort complex. It was well organized and exhibitor participation reasonable – although many said it was small. Another plus is Indonesia’s relaxed smoking policy and regulations: There aren’t any!

Visitor traffic was the usual mixture of suppliers and vendors. Missing were lots of new local faces and contacts as well as any significant showing from the multi-nationals (PMI, JTI and BAT.)

The WT staff did a great job with organization and were rewarded on their UK return with the news the magazine was closing to concentrate on Events only which will be promoted by TJI.

Victim of a declining tobacco market or contracting print media market – or both?

We wish those let go from WT all the best and thank them for their good work and dedication to the Industry.

TMA’s 94th ANNUAL MEETING & CONFERENCE

I highly recommend this conference. Last year it was one of the most informative and interesting conferences that I attended. 

 

 

Kingsmill Resort & Spa

Williamsburg, Virginia

May 17 – 19, 2009

 

Preliminary Agenda

 

CONFERENCE GOAL

 

With the likely advent of FDA/FCTC tobacco legislation and continually increasing economic and social pressure on the industry and its customers, not the least of which is the recent SCHIP tax increases in the US market, it is more important than ever to discuss issues impacting the state of the industry and what options the industry has to ensure compliance at least cost.  Given this situation, the conference will provide attendees with a global overview of the current state of the industry, with an added focus on the US market, what the likely future has to bring and how alternative actionable methods may be used by companies to address these challenges. 

 

The 2009 conference program agenda was designed based on survey responses from past attendees and focuses on issues identified as most important by this group.  As such, the program primarily concentrates on providing a marketplace overview with additional emphasis on the pending FDA legislation and likely ratification by the US of the Framework Convention on Tobacco Control (FCTC) and its implementing legislation.

 

SUNDAY, MAY 17th

 

Golf Outing: 10:00 AM – 3:00 PM

TMA Board Meeting: 4:00 PM – 6:00 PM

Welcome Reception: 6:30 PM – 9:00 PM

 

MONDAY, MAY 18th

 

What Is

 

8:00 AM  Continental Breakfast

 

8:30 AM – 9:20 AM

 

1.     Welcome – Farrell Delman, TMA President

2.   Global Tobacco Leaf Trends – James H. Starkey, TMA Chairman

3.   Product/Market/Regulatory Trends and likely SCHIP Impacts – Farrell Delman

 

9:20 AM – 10:40 AM

 

4.     Security Analyst Panel -  Nik Modi (UBS), Adam Spielman (Citigroup), Erik Bloomquist (JP Morgan) and possibly David Hayes (Nomura), Anne Gurkin (Davenport) and Judy Hong (Goldman Sachs) – Moderator: Darryl Jayson, TMA Vice President

 

Review the historical, current and future projections for tobacco Industry manufacturers, wholesalers, retailer and suppliers.  How will the financial community incorporate the short and longer term implications of the US tax increases, the FDA legislation, the FCTC and the overall worsening global economy, in their forecasting and reporting for the US and other markets?

 

10:40 AM – 11:00 AM  Coffee Break

 

11:00 AM – 11:30 AM

 

            Introduction of Nick Simeonidis, Patton Boggs – Moderator for Remaining Program

 

5.     US/World Regulatory Overview: FCTC- FDA

Moderator: Adrian Payne, President Tobacco Horizons Inc.

o   A broad comparison of the FCTC with the proposed FDA legislation

o   Key issues (concerns) present in the FDA legislation

o   Global implications of US FDA legislation in terms of FCTC working groups & protocols

o   Additional concerns posed by the FCTC

o   What’s on the horizon?

 

11:30 AM – 12:15 PM

 

6.     Nicotine & Non-Nicotine Alternatives:  What’s Hot, What’s Not?

Moderator:  Pharma Representative and David O’Reilly, BAT, invited

o   Overview of this category of products

o   Legislation in progress related to these products

o   Evolution of this product category

o   Current Global Status of THR

o   New knowledge on the scientific front

o   Advances/declines from last year

 

12:30 PM – 2:00 PM  LUNCH

 

Keynote: “Tobacco Harm Reduction – Congressman Buyer vs. Congressman Waxman”  Speaker:  Congressman Stephen Buyer, invited

 

2:00 PM – 4:00 PM

 

7.   The Devil’s in the FDA Regulations – Nick Simeonidis, Moderator

o   Overview – Legal – John Manthei, Latham & Watkins

o   Dealing with FDA: the Pharma Experience – Uwe Trinks, Foresight Group

o   Impact on Manufacturing Practices – John Lauterbach, Lauterbach & Associates

o   Impact on Suppliers – Roger Penn, Mane France

o   Impact on Product Testing: The Canadian Experience – Bill Rickert, Labstat, invited

o   Impact on Product Development & Reporting – Jim Swauger – RAI, invited

o   Impact on Marketing and Sales – Bhavani Parameswar, President, KingMaker

o   Impact on Retail & Distribution – Terry Gallagher, CEO, Smoker Friendly, invited

 

4:00 PM – 6:30 PM  Free time

 

6:30 PM – 10:00 PM  TMA Annual Meeting and Dinner

 

6:30 PM – 7:30 PM  Cocktail Party

7:30 PM – 8:30 PM  Dinner

8:30 PM – 9:00 PM  Annual Meeting (dessert)

9:00 PM – 9:40 PM  Keynote Address:

     Kurush Grant, ITC Limited, Chief Executive Tobacco Division

       “India’s Experience Under the FCTC and an active Health Minister “

 

TUESDAY, MAY 19th

 

What Will and Could Be

 

 

8:00 AM  Continental Breakfast

 

8:30 AM – 8:50 AM 

 

8.   TMA’s Tobacco Product Compliance Center (TPCC): Update

                                    Darryl Jayson, TMA Vice President

 

8:50 AM – 9:10 AM

 

9.     What FDA/SCHIP Means for Adult Consumers

 

Adult tobacco product consumers are exposed to increasing prices, social pressures and the communication of tobacco related information by health care personnel and federal health agencies.  What can consumers expect in the future and what steps will the tobacco industry take to communicate with, and meet the wants of their consumers in a way that reasonable elements in tobacco control and the regulatory authorities condone.

 

 

9:00 AM – 9:30 AM

 

10. What FDA/SCHIP Means for Youth Smoking

 

Eliminating youth tobacco consumption in any form is a benchmark for the success of regulation.  FDA and SCHIP are both designed in part to discourage, even prevent, the initiation of youth tobacco use. How is youth involvement with tobacco currently being measured?  What do we know about how youth smoking has evolved over the past few decades? How will FDA regulation and higher prices due to SCHIP along with escalating State excise taxation further impact initiation? What is the likelihood that youth will migrate to alternative forms of tobacco?  In the best of all possible worlds, what sorts of messaging would government encourage to reduce health risks associated with youth tobacco consumption.  Lyle Smith, DLC Services, Inc., formerly RJRT

 

 

9:30 AM – 11:00 AM

 

  1.  Towards An FDA Industry Advisory Group – Moderator: John Lauterbach

 

Faced with the operational (manufacturing, marketing and reporting) restrictions, product limitations and reporting requirements resulting from FDA legislation, what should companies be doing now to prepare their organizations and their consumers to meet these hurdles?

 

11:00 AM

 

Q & A with Various Conference Speakers:  Uwe Trinks (Foresight Group), Roger Penn (Mane France), Nick Simeonidis (Patton Boggs) John Manthei (Latham Watkins), Lyle Smith (DLC Services) and additional panelists including Bryan Haynes (Troutman Sanders) and Bill Greiwe (Cheyenne Tobacco).

 

 

World Tobacco – Macau

General concensus is the show was well organized and the venue good (at the Venetian) – albeit small for Asia and not well attended by the Chinese.

This aside, there were a good number of visitors from most Asian countries and the level and quantity of inquiries should translate into future business. Most of this took place during the first two days – the third was dead and many stands wrapped-up early.

The show may have been better attended (by the Chinese) if it had been held in a major China location like Shanghai or Beijing – or even Hong Kong. Still, this may not have been pragmatic as the Chinese authorities have been difficult with visas since well before the Olympics.

The Venetian resort was stunning; even surreal, it didn’t feel like China and for those who stepped outside it was equally surreal. The Venetian is located on Macau’s Cotai Strip; well away from the Ferry / older city area. The new strip is surrounded by half-built mega-casinos going up all around and when it’s finished it will look like a not-too-mini Las Vegas.

As a foot-note to the global meltdown,  most construction work halted, with the lay-off of 7,000 construction workers, a few days after the show ended.

Another show is provisionally scheduled for 2010.