You have to make sense that those existing financial institutions suffered losses will push back the counter share price to RM20.00 in short term for their performance following stable financial result announced yesterday .
As I commented on 6/2, recent low of 10.22 is History, Tomorrow’s price Is Still A Mystery ! Congratulations to all the brave souls that accumulated aggressively between the price range of 10.22 to 11.40 recently. Yesterday’s 12.20 is also History, Future price Is Still A Happy Mystery !
If tomorrow’s EPF dividend declaration is less than 5.5% (highly likely), I will withdraw and shift all my funds (7 digit) into BAT next week with much higher dividend yield.
Exactly. Only old man like us have the luxury of time to invest and comment throughout the day. At the same time, we try our best to guide newbies to the best of our ability.
Ok there cld be profit taking along the way , as dividend is only 33 sen but they have pushup by rm 2...in one day.. So but any profit or drop taking cld be an opportunity to buy...
No brainer investment - if you have a spare RM1m, where will you put it now ? Using Worst Case Scenario Analysis : 33 sen/quarter x 4 = RM1.32/year in tax free dividend (not even factoring potential further improvement in results or RM1.55/year in FY2018). An 8% return will imply a share price of RM16.50 and one can sit back and enjoy the tax free dividend every quarter. Only IDSS/Day Trader will adopt short term trading strategy. If monies already invested at the low range of 11-11.5, one can just sit back and enjoy double digit % return every year and any Capital Gain is just an extra bonus. That was The One Moment In Time !
Out of 17analyst... 3 edi got buy call.. Credit suisses also got buy call price @ 17.00 wait more analyst... The price will go higher n higher..
As last time.. TP lower n lower.. Lowest is TA with 11.960... Now time to form higher higher.. Based on chart the price should reach around 24.00... In 2020..let c how its flow...
Illicit cigs played a very major role for BAT current standing. In my opinion, BAT could rise much more if illicit cigs aren't so severe in Malaysia right now.
Based on facts, 6 out of 10 cigarettes consumed in Malaysia is illicit as proven from the news as well. Based on facts:
- The research house has a hold call on BAT, and slashed its price target on the share from RM19.20 to RM11.50 previously
- Illicit market doubled since the surge in excise duty in 2015 (33.5% in 2015 vs. 63% in 2019
The government NEEDS to strongly enforce to combat the illicit market.
or the past one month I have bought BAT and Berjaya Food and the return so far is good. I will get dividend for these two stocks next month. Eyeing for third stock which will give dividend next month and the dividend yield could be around 4 %. One of the rare gem in oil and gas industry and this company has never incurred loss even in a single quarter For the past 10 years. In addition, I can hardly find a net cash company in a oil and Gas industry. Expect the company to report good result with dividend around 3 sen to be ex next month. Will the company enjoy good run such as Carimin? Hi Deleum, will pass the ball to you now!!!!!!! https://klse.i3investor.com/servlets/stk/fin/5132.jsp
i see a lot of positive energy here. which is good, i bought it around 11.50. i bought it nothing but prepare to enjoy the dividend to the rest of my life. i could see some newbie ( probably newbie) start projecting RM16 some even RM25. which is not so good, of course i hope it will hit rm25 next week as well, but if possible, dont dream too far, since most of us knowing that we had bought it at the right price and right yield. we should have a mindset that it may go south again, anything can happen in stock market. just make use of the dividend to reinvest, doesnt matter on the pricing. just reinvest, by doing this, im very sure in a few years time. i will laughing all the way to the bank.
It’s matter that EXISTING financial institutions wanted to push BAT back to RM20 or above plus new fund managers as well for their performance “ on the reasonable and stable financial result announced.
If government takes actions to further improve custom officials mgt efficiency over containers, new and existing financial institutions will immediately push the BAT share price to RM25 roughly in 6 months time.
Anyway, BAT share price will hit RM16 easily in 2 weeks that I estimate on the strong business fundamentals, reasonable financial result and very good dividend yield.
Current quarter nett profit excluding 15mill restructuring cost... 15m/285m = 0.05cents.. If add on dividend will be 38cents for this QR... ....fat fat dividen after 1H rationalisation.... Saving 35mil p.annum = 0.12 cents...
Assuminng every QR 0.33cents... After rationalisation will be 0.33 x 4 = 1.32 + 0.12 = RM 1.44 year for FY 2021...
When up, all looking it good, when down all looking it bad...
In fact the cigarettes smuggling activities still maintain at 63percents. Fundamental reason that has caused this stock to fallen still remain status quo ..so becareful next week may have profit taking activities after sharp rise.
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....
Panorama1
971 posts
Posted by Panorama1 > 2020-02-21 17:01 | Report Abuse
100k Buy Q @ 14.34. Tempted to sell but I think I will keep the shares for my grandchildren. No thank you, by all the existing BAT holders :-)