Posted by Moneyking888 > 2020-10-26 20:50 | Report Abuse

Tahan sampai Khamis.... Harap boleh ceria

Posted by Investman1981 > 2020-10-27 10:23 | Report Abuse

Now 9.95 no jump

Posted by CatchThe Bull > 2020-10-27 11:14 | Report Abuse

https://www.chinapress.com.my/?p=2258266 Bad news for the black market, good news for sin stocks that contribute billion of taxes to country.

Posted by Moneyking888 > 2020-10-27 20:30 | Report Abuse

2moro QR date...... Hope can jump

Posted by williamh > 2020-10-28 12:09 | Report Abuse

P Morris has been marketing here and bat is in talk to also to start

Posted by flyingtomoon2020 > 2020-10-28 18:33 | Report Abuse

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=4162

Posted by Nepo > 2020-10-28 18:37 | Report Abuse

Not bad, Revenue and net profit improve when compare with last QR.The best part dividend also increase.

If using KYY rule, this stock has shown two QR improvement. So can buy

Posted by Above60percent > 2020-10-28 18:47 | Report Abuse

Solid result, uptrend continuous.

Posted by Investman1981 > 2020-10-28 18:56 | Report Abuse

Below my expection 25Cent dividend. Q4 could be lower further as CMCO is back now

Posted by Keyman188 > 2020-10-28 19:21 | Report Abuse

Can ask any expert or sifu here...

Outstanding debt about RM 520 million

Cash position only RM 39 million

Latest balance sheet can't find any further asset for sale to cover debts

So please guide how does management to settle off the debt???

Posted by williamh > 2020-10-28 20:08 | Report Abuse

There is a golden word invested only in the company had the company investors in their interest only,Bat is the only one in Malaysia you don’t find another like Bat,there’are many listed companies make billions but given a few cents only buy the directors were given millions of the company profits

Posted by mf > 2020-10-28 20:09 | Report Abuse

Dow futures sink 500 points as Wall Street

Posted by Equityengineer > 2020-10-28 21:06 | Report Abuse

If they don’t pay dividend can pay off in two years .. The result it good given current pandemic situation hitting the duty free , hope the contraband reduces ..

Posted by Keyman188 > 2020-10-28 21:43 | Report Abuse

Wooo...at least got people here understand part of Keyman188 point & view....

Can Keyman188 perceives that if management wants to slowly settle off all the outstanding debts, at the same time also can reward to shareholders but 5 years plan to reduce current dividend policy (perhaps from 90% reduce to 45%), another balance cash derived from profits to pay off debts

Is it sound very good .......

But all shareholders need to suffer to enjoy all time dividend reward....

So what is the consequences for the share price?????

Still can maintain at this current level !!!!!!.......

Posted by Equityengineer > 2020-10-28 22:07 | Report Abuse

I think management won’t reduce the dividend policy , implication is for stock price .but they will increase the company profit margin by going back to growth mode an getting back the lion share from gene illegal cigarette.

Posted by BATFLY > 2020-10-28 22:09 | Report Abuse

Overall, BAT Malaysia recorded a growth in Q3FY2020 outperforming the legal domestic industry with a growth of 14% compared with Q2FY2020 mainly due to Dunhill and the introduction of KYO," it said in a filing with Bursa Malaysia today.

Posted by Investman1981 > 2020-10-28 22:34 | Report Abuse

Pls read balance sheet if receive annual report. I think low cash could be high trade receivable or high stock level. It is in cigaratee distributor business which is need high stock to distribute

Posted by kokchengkai > 2020-10-29 07:10 | Report Abuse

Bat management explain the 500 m loan is revolving credit ..
Lets understand wat izzit if u wan invest bat

Revolving Credit循环信贷指的是一种灵活的浮动利率贷款，类似于透支(overdraft)，借款人可以随时支用贷款和随时还款，并且在还款后又可以根据需要再次借款。需要支付的利息则根据实际借款的金额和时长来计算。对于借款人而言，相当于有了一个相当便捷的私人资金池，可随时支取金额，且无需银行每次审批。

某种程度上，revolving credit和信用卡（credit card）的运作方式是很相似的。 但是在根源上，revolving credit是基于不动产抵押贷款的产品，所以可享受浮动的房贷利率，比起其他抵押形式的贷款（车，生意，个人信用等），利率非常有优势

Posted by Above60percent > 2020-10-29 11:06 | Report Abuse

Two quarters QonQ revenue growth.
Two quarters QonQ profit growth.
Two quarters QonQ dividend increase.
Dividend yield >8%.

Posted by heesing62 > 2020-10-29 11:56 | Report Abuse

The dividend is much higher than the FD rate. FD rate currently hovering around 2% per annum. At RM10 , undervalue. I believe BAT will continue declare dividend (quarterly). Good stock for dividend.

Posted by 8888_ > 2020-10-29 11:58 | Report Abuse

1 qtr dividend already >FD 1 year.

Posted by Above60percent > 2020-10-29 12:12 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/10/28/kyo-lifts-cigarette-firm-bat-malaysia-sales-in-q3

Posted by Danielgsk > 2020-10-29 13:31 | Report Abuse

From my reading and based on the references I have, am not sure why there is a big net profit gap between the last quarter (ended 31 Dec 19) vs the first quarter (31 Mar 20). This is obviously not 100% due to Covid. Since then the net profit is hovering around RM50M to RM65M. Quite hard for met to digest this. I don't believe Covid can hit cig company so much as it considers as essential for the addicts. I also don't believe during the lock down, illicit cig can be so widely distributed. This is a systemic problems and is growing over time.

Posted by Keyman188 > 2020-10-29 13:36 | Report Abuse

Not bad...Keyman188 has seen newbies can understand the business environment of this company...

Keyman188 give you +1 like..............



Posted by Danielgsk > Oct 29, 2020 1:31 PM | Report Abuse

From my reading and based on the references I have, am not sure why there is a big net profit gap between the last quarter (ended 31 Dec 19) vs the first quarter (31 Mar 20). This is obviously not 100% due to Covid. Since then the net profit is hovering around RM50M to RM65M. Quite hard for met to digest this. I don't believe Covid can hit cig company so much as it considers as essential for the addicts. I also don't believe during the lock down, illicit cig can be so widely distributed. This is a systemic problems and is growing over time.

Posted by ivanlau > 2020-10-29 21:36 | Report Abuse

Insider news, 2021 budget will only increase gambling sin tax ........maybe a good news for BAT

Posted by tai yee > 2020-10-30 09:31 | Report Abuse

wow.... very good dividend. so much better than my FD and unit trust investment

Posted by tai yee > 2020-10-30 09:33 | Report Abuse

This year return based on my holding cost is 8.5%. Happy in this economy scenario

Posted by heesing62 > 2020-10-30 09:42 | Report Abuse

The return is good but not the share price. It was a blue chip counter then .

Posted by johntkh > 2020-10-30 10:53 | Report Abuse

BAT bottom price can buy anytime

Posted by hotdogge > 2020-10-30 12:24 | Report Abuse

这个月便宜烟一直给offer，拿多少送多少，严重泛滥了，你说bat还能起？？

Posted by Keyman188 > 2020-10-30 14:21 | Report Abuse

Illicit tobacco trade hits new record high of 64.5% in August
Kang Siew Li

(theedgemarkets.com / October 30, 2020 14:10 pm +08)

KUALA LUMPUR (Oct 30): Malaysia’s illegal cigarette trade reached a new all-time monthly high of 64.5% in August, according to the latest Illicit Cigarettes Study (ICS) by the Confederation of Malaysian Tobacco Manufacturers (CMTM). The previous record of 62% was set in July.

JT International Bhd (JTI Malaysia) managing director Cormac O'Rourke said the illicit cigarette trends for Malaysia, already the world’s largest consumer of illegal cigarettes, point to a worsening illicit cigarette proliferation following on from the impact of Covid-19 lockdowns imposed since March, which continues to pressure the margins of legal tobacco companies and retailers here.

“There are certain quarters calling for a tax hike on tobacco products in the upcoming Budget 2021 (slated next Friday (Nov 6) but we must caution the government in the strongest possible manner not to impose any tax excise increase on tobacco products as it will only serve to worsen the situation and further damage legitimate retailers’ businesses which are already under pressure,” he told a virtual press conference today.

“An excise hike this year would widen the price gap between legal and illicit trade and will inflict damage on the legitimate industry and small and medium enterprises alike. There are some 60,000 retailers who derive up to 30% of their revenue from the selling of tobacco not to mention government tax revenue,” he added.

O’ Rourke urged the government to fully operationalise the Multi Agency Task Force (MATF) as soon as possible to check the proliferation of illicit tobacco products in the country, which he said is costing the country some RM5 billion in lost revenues every year.

Chaired by the Ministry of Finance and led by the Royal Malaysian Customs, the MATF comprises policymakers, enforcement officers from various agencies, as well as relevant private sector players. Its focus is specifically on cracking down on organised smuggling operations at the country’s borders.

“JTI Malaysia, together with other industry players, has proposed that the government enhance enforcement efforts with strong policy measures that would combat smuggling activities for once and for all,” said O’ Rourke.

He also called on the government to clamp down on transhipment foul play by imposing a ban on tobacco product transhipment and designating a single point of entry such as Port Klang and the Kuala Lumpur International Airport to support enforcement efforts better. “This transhipment loophole has been exploited for diverting duty-evaded tobacco products into the country with the false intent of moving the items to a neighbouring country.”

Earlier, the ICS for August was conducted with 20,400 empty packs collected nationwide. The latest survey saw illicit cigarette consumption for Kuala Lumpur and Selangor surging to 66.5% and 65.7% respectively in August compared with 61% and 60% in July. Sabah and Sarawak have the highest numbers at 89% and 84% respectively.


##https://www.theedgemarkets.com/article/illicit-tobacco-trade-hits-new-record-high-645-august

Posted by ngaploh_ > 2020-10-30 15:00 | Report Abuse

Danielgsk---i posted a few articles about the cigarettes business in the country a few months back, it seems that no body is paying attention to it,I am responding to ur Questions about Q4 2019 compare to Q1 2020,the big gap in PAT,usually all cigarettes companies ,namely BAT,Japan Tobacco international & Phillips Morris [Marlboro},as the market is contracting too fast due to pricing,less smokers,illegal cigarettes,infact legal market has dropped by more than 60% by volume compare with 10 years ago,for example ten yrs ago ,total market was 10 billion sticks a year,now only 4 billions sticks left,perhaps turn over[value] was not much different,but 10 years ago ,a packet was selling at$4.5,but now is $17.5,now all cigarettes company will give discount to the trade during the last 2weeks of every quater to push the sales up,usually $5 discount for every cartoon purchased,for these 2 weeks ,sales could go up by 50-80% [cigarettes sales is counted by week,week 1 to week 52 in a yr]but the discount can't benefit the smokers only the retailers,in fact is only the retailers stockings up the stocks for them & have to pay back the following Quater,this is why they have to repeat discount selling at every end of the Q to keep the sales steady,for your question,Q4 2019,push hard in the market during last 2 wks of the Q as is year end,if not up to target, will give higher discount to achieve to close the year more handsome looking,so Q4 2019,free selling,Q1 2020,lock down on 18.3.20 no sales no discount at all,so why so big different between Q4 2019/ Q12020 ,this is a sunset industry,only for short term ,long term sure die,$8 is not surprise within 2 yrs

Posted by flyingtomoon2020 > 2020-10-30 15:32 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2020/10/30/despite-lockdown-controls-malaysia-still-no-1-for-illicit-cigarette-trade/

Buy buy or bye bye?

Posted by ngaploh_ > 2020-10-30 15:40 | Report Abuse

Danielgsk ,my previous postings page 161. 7-8-20 then u have a thorough understanding of the cigarette industries

Posted by ngaploh_ > 2020-10-30 16:29 | Report Abuse

if even illicit cigarettes is down by 30%, the legal market will not go up by even5 %,this is just because people in the street just can't afford a packet of more than $10.they may give up smoking ,or reduced the no.of sticks they smoke each day,i was in this line for a number of years,it did happen when illicit cigarette was out of stock,but my sales just went up a bit & was only restricted to the cheap brand,those premium brand Dunill, marlboro ,melvis just remained stagnant,so don't have high hope on this.

Posted by shareinvestor88 > 2020-10-31 10:29 | Report Abuse

Sunset industry , better sell TP 2

Posted by Equityengineer > 2020-10-31 10:49 | Report Abuse

It’s not sunset business yet, of course don’t expect it to go to record high , but with 30-40% price up and dividend yield it’s good to buy in batches.

Posted by Moneyking888 > 2020-10-31 13:15 | Report Abuse

Ini kali lah

Posted by ngaploh_ > 2020-10-31 13:37 | Report Abuse

if it is not a sunset industry ,E cigarettes will not be introduced in this country ,sales was dropping like a rocket,& they don't fell the bottom yet, those can't survive have to make a gamble with new products to survive ,why don't they launch in Indonesia or Vietnam in which market are several times bigger then malaysia,because all of them are enjoying bumper harvest returns there ,why want to introduce new products to dilute the market,as the chinese saying, extra people extra ghost.my advise is trade short term long term price will go down,all companies are going for transformation,in other words they will reduce the no. of service to the retailers,usually high volume outlets to service twice a week, will cut to once a wk,those service once a wk, may go fortnightly resulting shortage of stock in the market as dealings are in cash,remember they are 3 BIG CIGARETTES companies in the country,20 cartons purchase will cost $3000. so less service, less sales, given illicit cigarettes a chance to grow fast especially in rural areas where service by the 3 companies is not effective at all .

Posted by ngaploh_ > 2020-10-31 14:27 | Report Abuse

there are few factors which lead to the fall of this industry 1)the pricing is out of the reach of the men in the street. 2)sponsorship is banned especially football which BAT Dunhill was the main sponsor for all live football matches all over the world ,even M League was sponsored by Dunhill, as the fans said no Dunhill ,no football as other products do not have the financial resources to sponsor solely. 3)the banned of advertisement in the TV, still remember Dunhill ad .image projecting ,sports car ,watches ,beautiful clothings ,with a young dynamic handsome model with the conclusion remarks ,this is style ,rich ,famous, this is Dunhill ,all new smokers were Dunhill smokers then .now gone were the days ,smoking no more can bring you a dynamic image ,in fact a unhealthy life style ,so u can judge by yourself ,look AROUND YOUR FAMILY &Friends ,how many smokers are there ,not surprising is a sunset industry.

Posted by ngaploh_ > 2020-10-31 15:11 | Report Abuse

BAT was formed in the the 90's with the merging of malaysian tobacco company (marketing Benson & Hedges ,Lucky strike,555 etc,i was with this company then)& Cigarettes Importers & exporters (marketing Dunhill ,Rothmans, Peter,Perilly"s ),Internationaly BAT bought over Rothmans of Pall MAll London & merge worldwide businesses into one, they were here for about a century already.

Posted by anzo888 > 2020-11-01 11:37 | Report Abuse

BAT @rm10 is indeed a very good buy. With 8% dividend yield, mutual /pension/insurance funds will be in.
Traditional cigs will still be in demand while its e-cigs biz will pick up.
As long as sales revenue n profit figure can be maintained at current lvls, i wont be surprised to see 20/30% capital gain , excluding the 8% div yield...

Posted by anzo888 > 2020-11-01 11:40 | Report Abuse

And any upside earnings surprise will be funds rushing in...

Posted by 8888_ > 2020-11-02 10:04 | Report Abuse

Hishamuddin Hussein DPM in making a smoker will ignore smokers in Budget 2021?

Posted by Super_Ivan_Man > 2020-11-02 10:09 | Report Abuse

will government reduce cig tax?

Posted by Super_Ivan_Man > 2020-11-02 10:37 | Report Abuse

Nice!

Posted by Simon_khoo > 2020-11-02 11:27 | Report Abuse

Today news reported, Philip Morris’ tobacco plant vaccine already a success vaccine with Canada government placed order for 76m vaccines...

Posted by Simon_khoo > 2020-11-02 11:29 | Report Abuse

https://www.facebook.com/255057814552667/posts/4043161489075595/?d=n

Posted by Simon_khoo > 2020-11-02 13:19 | Report Abuse

https://racetoacure.stanford.edu/clinical-trials/1379

Posted by Simon_khoo > 2020-11-02 13:20 | Report Abuse

BAT owned KBP-201 also on track