Sign in

    Mirza Faham Baig

    Stock Analyst at UBS

    Faham Baig is a Stock Analyst at UBS specializing in consumer staples, with a particular focus on the tobacco industry. He has actively covered major companies such as Philip Morris International, Altria Group, and British American Tobacco, issuing price targets and ratings backed by twelve total recommendations. In terms of performance, Baig ranks #4,314 out of 4,955 analysts, with an 11.11% success rate and an average return of -15.47%, reflecting recent challenging market conditions in his sector. While specific prior career history and securities licenses are not listed, his work at UBS demonstrates engagement with key industry leaders and public performance metrics.

    Mirza Faham Baig's questions to ALTRIA GROUP (MO) leadership

    Mirza Faham Baig's questions to ALTRIA GROUP (MO) leadership • Q1 2025

    Question

    Mirza Faham Baig of UBS asked about the impact of tariffs on imported disposable vapes, Altria's view on synthetic nicotine products, and the reason for the decline in MSA settlement payments during the quarter.

    Answer

    CEO William Gifford stated it was too early to see the full impact of tariffs but hoped they would lead to increased enforcement. He also noted Altria's view on synthetic nicotine has evolved and it is now assessing opportunities. CFO Salvatore Mancuso explained that the decline in settlement payments was driven by the expiration of the legal fund, a benefit that will continue through the first three quarters of the year.

    Ask Fintool Equity Research AI

    Mirza Faham Baig's questions to ALTRIA GROUP (MO) leadership • Q4 2024

    Question

    Mirza Faham Baig of UBS asked about the potential timeline for an NJOY relaunch if patent issues are resolved, the reason for a sharp increase in Q4 smokeable division costs, and the growth outlook for the nicotine pouch category.

    Answer

    CEO William Gifford stated that an NJOY relaunch timeline depends on the final product changes and would likely follow the more rapid, though unpredictable, SE exemption process. CFO Salvatore Mancuso attributed the Q4 cost increase to timing and emphasized ongoing cost discipline. Gifford noted that nicotine pouch growth depends on converting cigarette smokers, not just MST users.

    Ask Fintool Equity Research AI

    Mirza Faham Baig's questions to ALTRIA GROUP (MO) leadership • Q3 2024

    Question

    Mirza Faham Baig asked for an update on the JUUL patent lawsuit against NJOY, questioned the drivers of the strong EBIT margin in smokables, and inquired about Altria's expectations for the heated tobacco category's impact on cigarette trends.

    Answer

    CEO William Gifford confirmed the late December timeline for the ITC's final determination on the JUUL lawsuit and noted NJOY has filed PMTA exemptions for tweaked products to avoid 3 of 4 patents. CFO Salvatore Mancuso explained that the strong smokables margin was due to the timing of controllable costs, which were higher earlier in the year, and should not be extrapolated. Gifford reiterated that Altria expects e-vapor to be the largest smoke-free category, followed by nicotine pouches and then heated tobacco.

    Ask Fintool Equity Research AI

    Mirza Faham Baig's questions to Philip Morris International (PM) leadership

    Mirza Faham Baig's questions to Philip Morris International (PM) leadership • Q4 2024

    Question

    Mirza Faham Baig questioned the competitive dynamic of moist versus dry nicotine pouches in the U.S. and asked whether the strong growth of the vapor category represents a long-term headwind for the broader tobacco industry.

    Answer

    CEO Jacek Olczak stated that the total nicotine pie is growing and that the vapor category is part of that, though it needs better regulation. On product dynamics, he noted that new moist pouch competitors have gained minimal share and that consumer insights suggest dry pouches like ZYN appeal more to smokers, while moist products appeal more to traditional moist snuff users.

    Ask Fintool Equity Research AI

    Mirza Faham Baig's questions to Philip Morris International (PM) leadership • Q3 2024

    Question

    Mirza Faham Baig questioned a competitor's claim that vapor is more effective than heated tobacco for smoker conversion in Europe and asked about measures PMI is taking against illicit nicotine pouches in the U.S.

    Answer

    Chief Financial Officer Emmanuel Babeau strongly disagreed with the competitor's claim, stating that PMI's experience shows a much better conversion rate for heated tobacco (IQOS). On illicit trade, he affirmed that PMI is at the forefront of fighting it globally, using measures like terminating sales to certain customers, sending cease and desist letters, and working closely with regulators.

    Ask Fintool Equity Research AI