It can go into Guiness record everyday down all the way from around 70 till around 10 today,strongly recommended to delisted it,this counter is sabotage
It is safe now to buy. Will rebound soon. Have faith. People will not eat but will not stop smoking. Its a pleasure to smoke. You feel wonderful after a puff. So let start smoking and support our battered BAT. Lets push it up to at least RM20/- per share. I am having some shares. I bought at RM38/-
Smoking ban everyway but still got ppl smoke, the problem is illicit cigarette everyway, no baning on vaping & soft drug are damp cheap. I thk in long run the counter will go private n I thk they try to push down for the privatisation
if privatisation of BAT shares is their aim, it will disappoint many shareholders, especially those who bought them high. Especially those who bought at RM40-50 range some years back, stands to regret most and this applies to Institutional investors too.
The government should reduce duty to those cigarettes in order to address the issue of 70% illicit cigarettes in the country ; if the legal cigarettes can be reduced by RM1.50 per box , plus more strict to catch the smuggling of illicit cigarettes, the highest percentage of illicit cigarettes in bad reputation can be improved a lot as well ...
Question posed to Jonathan Reed the current MD of BAT
In your opinion, what are the biggest challenges that await you as the new MD of the Company? I think my biggest challenge would be to turn around the business to deliver sustainable growth, and this remains my top priority. To achieve this, we would need structural reform to reduce illicit trade whilst also creating the platform to win in new categories. But all of this wouldn’t be possible if we don’t simplify our business so we can continue to move bolder and faster to tackle the headwinds that await us.
It's a bad time for consumer stocks, not just BAT. Pandemic is killing all the consumer stocks so the recovery will be slow especially for beer and cigs.
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....
JC1425
325 posts
Posted by JC1425 > 2020-07-13 10:00 | Report Abuse
Run guys. This counter is hopeless