More importantly, BAT has excellent corporate governance that is second to none. I am confident that the English Gentlemen at BAT UK (HQ) will not let us down.
The recent announcement states that Bat's last buying is as stipulated in the announcement. Someone else is responsible for the recent buying. T2 the price sustainable. Mon market is expected to b rough. If uptrend sustainable on Mon v likely to si v shape rebound! Hopefully everyone here will prosper from Bat. G luck!
Chilax and enjoy a lovely Sunday. All the negativity will get us nowhere. In view of 2019-nCoV, spent quality time with your love ones at home. Listen to Music, keep abreast with news and perhaps appropriate time to watch “Inside Out” movie again with your young kids and grandchildren.
@monetary, that's not important.We are buying its future when we invest in that company.Just take Hartalega as an example, ipo was 1.80 in 2008 n it even went down to 1.30.If you had invested 10,000 shares at ipo price in 2008.It costs you RM 18k.Now after a few round of bonus issues n one spilting , you ended up with 120,000 shares n at current price of RM 6.00, you would have paper gain of RM 702K...a huge profit.Many early investors have become millionaire in here.My buddies on paper gains are between 8mil to 30 mil.The same is opposite to Icon Offshore when listed a few years back at RM 1.85.Now with capital reduction of 50 to 1, many early investors loss at least few hundred thosands to a few million.Coming to BAT, I foresee it will never hit the previous high a few years ago At best, around RM 20.
yup... unlikely it will go previous level... past glory is past glory. IPO price is irrelevant (LCtitan IPO 6.50 right?) look like Mon it gonna get hit first, and whether can rebound/ stabilize later...
That’s the main reason that I predicted the wrong bottom @ 16 and have been averaging down but average cost is still higher than the current price of 11.78. However, I am confident that the “Vaccine” (“Cash” -averaging down) will work in due course.
...The country’s largest tobacco company, whose share price had seen a sharp fall in recent weeks, said its stock performance was not reflective of the company’s strength and quality, but rather the failure to tackle the rising illegal cigarette trade.... just too bad you are in the boleh land for wrong purpose at least till now.
Just some common sense, company insider bought on date between 28/1 ~30/1 when the 2019-nCoV already started. They have more sources to "sense" BAT share price's direction, why they not wait anymore longer to buy back at lower price? Come on @DollyLucky, if DJI down 500 or 1000, It won't effect much for BAT share that already free falling since year 2019.
Be patience. Never sell fundamental stocks at their Lows. 10.22 will be history once situation stabilizes and illegal cigarettes smuggling curtailed and reduced. Only Day/IDSS traders are trying to time their Buy/Sell trades.
@CatchThe Bull, Just wondering whether it is old news but posted it on 30 Jan 2020, listing the main shareholders.No written news on shares bought on that day.
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....
William Ng
893 posts
Posted by William Ng > 2020-02-01 19:51 | Report Abuse
https://www.sinchew.com.my/pad/con/content_2190048.html