Read the financial statement! How is the revolving credit being utilised? Not in operating expenses but to pay the fat div to shareholders. Basically being listed is a big burden! In good time that's OK to share the cake. In bad time keep the smaller piece of cake to ourselves!
Many asked is BAT a good company. BAT have been classified as Top Employers Malaysia 和 Top Employers Asia Pacific 和 Top Employers Global. How BAT manage to get this award?
At this price 1yr div equivalent to 11% market cap. Bat owns 50% total shares. Meaning 5yrs saving in div is sufficient to privatise. I can't si any reason not to privatise unless Bat love us as much as it's own children.
Company already bought back so many shares at lowest price, just some basic demand and supply theory, all investors are holding at price above RM10.30, you still think BAT can collect at RM9?
Not easy to privatize because its holding co only holds 50%. If the dividend yield is good, the other 50% holders may not agree.. some more the cost of the other 50% may be far far greater than RM15..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
monetary
4,447 posts
Posted by monetary > 2020-01-30 23:28 | Report Abuse
Take a look at 10yrs chart. These 2days volume r unprecedented.