With the government policy to tackle illicit cigarette trades effective next year, BAT finally has come to see light at the end of the tunnel meaning it's at an inflection point. Current price level obviously is not the lowest price point, but able to buy BAT at the current low point could be something one can cheer about in the long run.
Stingray tis i dun agree.. BAT not cash cow in Bursa... i will quit if they buy glove company coZ glove story is going to End in 3 month time .. price n profit wil back to normal and quantity of glove wil triple increase coz whole world open glove factory now.
Whoever jumped in the glove industry or buying are like chasing higher,don’t you know tg started from around 2+ before any bonus,no sound mind will taking that risky
People that vapes already have their fav place to buy, some online some shop. BAT will have a tough time penetrating this market unless they have a very unique product.
Makes no different Online or Off-line, All subjected to 10% Tax. Normal Cigs is subjected to 40% Tax but Vape and "HNB" are subjected to 10%----GOV is obviously giving BAT a level playing field. If Gov levy a 40% Tax, BAT vape is dead on arrival. Pirate Vape has NO advantage any more bcos they got to used "rat Holes" ( contrary to most believe it is Not cheap---pay syndicate, pay police and pay runners------Just pay 10% Tax buy insurance for all problems )
As i say again, BAT has solid growth next year-----wait for RM50
As i see next year, Tax revenue is everything. Petronas Coffer is almost Dried, 30,000 Biz closed shop, More than 1 million get lay-Off. Gov is looking at every corners for money---Operation "cari wang" will kick-off soon
If look at 2021 Budget, the number is Huge 300Bil ( just number only, how to borrow so much money?) Even if China and USA lend us money, dont forget about Interest Payment---3, 5 or Ah Loong range 10% ) At 5%, Interest is 1.5 Billion per Month
Almost 30 ago I bought it at 13:50 limit down price and contra off too fast ,then watching it flying to 70 by side line..hahaha revisited again this time will wait for history to repeat maybe if vaccine is realit may reached 100.
Look at Bankers & Stock Broker Houses, they are reluctant to give TP. Compare this to TopGlove , they give TP every Hours (haha) Why? They are already ALL in. For almost a month after many local Sifu give Tp to TopGlove, all Bankers and Broker Houses remain tight lip. The moment they open their Tp, even local Sifu are speechless
haha..you all also notice right..when banker value low TP mean you need to get your bullet..when they value high TP mean you get ready release your bullet
I still remember my father said, during grandfather time Dunhill was 1.2--1.50 / 20cigs. How many years was that? Taxes than is surely around 7--10%....So BAT Vape taxed at 10% is very Good Deal for Legal smoking kaki
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....
JJchan
7,182 posts
Posted by JJchan > 2020-11-12 12:49 | Report Abuse
Once BAT hit 15--20 range, it will be relisted into 30 klse index stock. It is much easy to manipulate
BAT than say TG bcos it had little free float