Alot smoker changing to Iqos. Other players fare much better revenue growth. BAT using illicit cigarettes as excuses.. Their are late into the heat tobacco segment. Phillip Morris did a good job.
mean while many fund manager has started to move away from the viruses sensitive stock ,and Bat is the only one that is offering the same blue chip but at much discounted entry price,one miss this time you will regard..
In addition to stimulus packages, our Government immediate priority now is to tackle the “shadow economy” such as illicit smuggling. Additional revenue vital to ensure a strong economy.
All still doing very well. The Best Yet To Come for TOPman (4.30) and SUPERman (1.32). Their main spike will happen after their January to March 2020 results announced in May 2020 :-)
In a bear market, it has certainly moved from 11.38 (last week) to 12.20 today :-) I still hope it will move much higher for those that have higher entry prices so that we can all make monies together,
I have bought some but reserve some funds to buy in incase it dips down. Dow Jones is too high already, I can't imagine the situation if it cross over 30k points without major correction. Another risk is the coming QR announcement, it provides further guidance as to the situation of smuggling cigarettes activities..
Tobacco companies: Malaysia accounts for 60% of total consumption Nanyang Thu, Feb 20, 2020 12:10 am-8 hours ago
KUALA LUMPUR (July 19): Malaysian Tobacco International Corporation (JTI Malaysia) managing director Gorma O'Rourke pointed out that the smuggling of cigarettes in Malaysia has reached a worrying level, increasing from 58.9% of total cigarette consumption in 2018 to Last year's 62.3%, an increase of 3.4%.
Last year, 12.2 billion cigarettes were smuggled. The rampant smuggling problem has made Malaysia the world's number one "big illicit cigarette country" for two consecutive years.
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....
Alex Chua
178 posts
Posted by Alex Chua > 2020-02-19 10:38 | Report Abuse
Alot smoker changing to Iqos. Other players fare much better revenue growth. BAT using illicit cigarettes as excuses.. Their are late into the heat tobacco segment. Phillip Morris did a good job.