Posted by SinGor > 2020-11-15 14:51 | Report Abuse

China is biggest producer for Vape in the World. 90% of Malaysia Vape comes from China....
Naturally BAT vape is also manufactured in China. Gov has imposed a Flat 10% tax rate for Vape
so price competition is Gone. However BAT has the upper hand in Distribution, 100 thousands
legal Store selling Legal Cigs ----- now carrying Vape too. Revenue explosion

Posted by JJchan > 2020-11-15 15:22 | Report Abuse

The just Signed "Regional Comprehensive Economic Partnership (RCEP") lead by China is the
2nd Largest Trading Block in the World (1st is EU). BAT will be allowed to import Vape and
China Cigs into Malaysia Tax Free And then export back to England using another Tax haven between Mal / England to reduce import tax-----So what is for BAT (Malaysia)?

Special Discount on Vape price from China Suppliers on economy of scale purchases And
China Cigs entering Malaysia Market???
Premium Chinese Cigs is not cheap ----from RM50---RM120 / 20 sticks ( most thought i would
said Cheap Cigs---hahaha )

Posted by JJchan > 2020-11-15 15:24 | Report Abuse

BAT has changed ownership as a "Export Co"----sure got reason

Posted by gemfinder > 2020-11-16 11:38 | Report Abuse

hold tight tight

Posted by freeze789 > 2020-11-16 11:58 | Report Abuse

let's see evening.

Posted by CharlesT > 2020-11-16 12:58 | Report Abuse

Limited downside risk with huge upside potential...backed by high DY...

Where to find?

Posted by CharlesT > 2020-11-16 13:37 | Report Abuse

I m glad that i can re enter back at this level after previous round eary this year

Posted by birkincollector > 2020-11-16 17:00 | Report Abuse

nice.....heading to 13.00 next

Posted by freeze789 > 2020-11-16 17:00 | Report Abuse

Good Job..next TP13.3

Posted by JJchan > 2020-11-16 17:02 | Report Abuse

looks like big fish pushing price...tomolo can go higher

Posted by CharlesT > 2020-11-16 17:23 | Report Abuse

Any small improvement of 5% to 10% reduction in illegal ciggs also can send BAT back to rm15 n above next year...

Posted by gemfinder > 2020-11-16 17:25 | Report Abuse

Now slow slow up. Then masuk 4 gear limit up

Posted by freeze789 > 2020-11-16 17:40 | Report Abuse

illegai ciggs level sure will drop, now is IGP and next is customs + budget 2021 enforcement rules
- https://www.malaysiakini.com/news/551142 (Major revamp of two 'hot' police depts, division in progress - IGP).

Posted by Moneyking888 > 2020-11-16 21:44 | Report Abuse

2moro TP 12.00

Posted by birkincollector > 2020-11-16 22:31 | Report Abuse

BAT has A LOT of room to go up...more than banks, tenaga, and other big caps

Posted by Simon_khoo > 2020-11-16 23:16 | Report Abuse

One thing for sure is, we hardly see negative peoples around...

Posted by gemfinder > 2020-11-16 23:23 | Report Abuse

Too cheap to ignore. Just hold tight

Posted by Equityengineer > 2020-11-17 00:51 | Report Abuse

Move slowly slowly haven’t acccumalate enough , and don’t want to attract sharks

Posted by philip31 > 2020-11-17 08:39 | Report Abuse

BAT will be RM13 by end of this month

Posted by SinGor > 2020-11-17 08:39 | Report Abuse

With 3 Sifu here give 50 next year And Bankers + Stock Brokering Houses all hiding in their Toilet
(refusing to give honest Tp)...This is TopGlove deja vu again.

Posted by kokchengkai > 2020-11-17 15:36 | Report Abuse

if 10% reduction from illegal dunhill....tis stock is above 30 oledi....
expert only hope 5% then enuf for BAT to climb up to RM20

Posted by Moneyking888 > 2020-11-17 20:59 | Report Abuse

Sikit sikit jadi banyak

Posted by wkc5657 > 2020-11-18 15:30 | Report Abuse

if budget 2020 cannot pass, back to square one.....better wait till parliament done with budget voting next week...

i'm very interested in this

Posted by lotuseater > 2020-11-18 15:44 | Report Abuse

Pls note that nobody is disputing this item in the budget

Posted by Togetherweearn > 2020-11-18 16:32 | Report Abuse

Aiyo. Sleeping dragon pls wake up

Posted by wkc5657 > 2020-11-18 17:22 | Report Abuse

true that nobody disputing on cigarette items, but if budget don't pass, this item ain't happening.

But it is good to take position now before full clarity, riskier, but i think worth it.

I'm going to readjust my portfolio holdings to include this counter within this month.

Posted by freeze789 > 2020-11-18 21:28 | Report Abuse

confirm can pass thru this item...this is not gov expenses..this items is gov is income..5billion untaxable...they debate for those items gov need to allocate or give money.

Posted by Equityengineer > 2020-11-19 00:56 | Report Abuse

Yeah If drop accumulate more , this is not the reason budget not passing

Posted by JJchan > 2020-11-19 08:18 | Report Abuse

This Budget will pass. BN + Pas will support----No Question about it. You don't want Voters
facing Hardship during Election period. Amendment on some items ----sure

Posted by wkc5657 > 2020-11-19 10:46 | Report Abuse

@JJchan

Anything is possible with malaysian politics, certain common sense "certainty" can be hijacked for political positioning now....

These politicians don't give a shit to the common people and taxpayers (this is the only utmost certainty in our political environment).

The government could have gone all the way to limit transshipment for only 1 port each of east and west malaysia respectively. More clarity on this would be best, now only say (at best), got limit, but don't know what is the actual limit.

But still, i'm going to take position in this....

Posted by freeze789 > 2020-11-19 12:04 | Report Abuse

of course in budget 2021 are items will proposal perfect with 100%. if they can archeive 50-70% to anti black market is more than good enough. you need to remember 1 more thing started next year the vape market is official legalized for BAT.

Posted by JJchan > 2020-11-19 14:12 | Report Abuse

wkc5657...BN + PAs just want to get over the Budget and Start GE15. I think GE15 is after CNY.
Most of the small Cap already in Rally mood.

Posted by JJchan > 2020-11-19 14:26 | Report Abuse

Previously Petronas always comes to the rescue when Gov is Broke. Come 2021 even Petronas is
broke. I see Gov. digging into every Rat and cockroach Holes to look for money----BAT is
safe with Or without Budget

Posted by williamh > 2020-11-19 15:40 | Report Abuse

Many has already started move the profit from glove counter into bat,let see how it work out

Posted by williamh > 2020-11-19 15:49 | Report Abuse

Cant understand EPF bought over 6% lately into TG when many ordinary has sensed that its about time to move the profit from the tables

Posted by gemfinder > 2020-11-19 17:19 | Report Abuse

https://www.theedgemarkets.com/article/bat-confirms-it-will-enter-malaysian-vape-market-once-regulatory-framework-firms-%E2%80%94-cgscimb

Posted by 360Capitalist > 2020-11-19 17:49 | Report Abuse

BAT confirms it will enter Malaysian vape market once regulatory framework firms up — CGS-CIMB

TheEdge Thu, Nov 19, 2020 03:49pm - 1 hour ago


KUALA LUMPUR (Nov 19): British American Tobacco (M) Bhd (BAT) has confirmed that it will introduce its vapes under the Vuse brand in the Malaysia market once the regulatory framework for the product category is finalised.

CGS-CIMB's analyst Kamarul Anwar said in a note yesterday that the tobacco group announced its planned foray into this growing market at a recent analyst briefing, which took place after the Budget 2021 tabling where it was announced that the government will impose an excise duty of 10% on electronic and non-electronic cigarettes, as well as 40 sen/ml on all e-cigarette and vape liquids from Jan 1 next year.

"As positive as we are on BAT’s decision to finally penetrate this growing market, there were a few details that were left unanswered. Chiefly, the timeline for BAT to launch its vapes is still uncertain. In fact, it is unclear whether there will be a need to amend the current law. The reason that vapes are illegal in the first place is because nicotine is one of the restricted products under the Poisons Act 1952," he wrote.

However, he said BAT's proposed foray into the vape industry was very positive.

"The group estimated that there are at least 1 million Malaysians who regularly vape, which is circa 20% of the number of smokers in the country. We postulate that many of these are former cigarette smokers, who have either been put off by the exorbitant prices or concerned about the health hazards from combustion-based cigarettes.

"There is also a growing number of young-adult vapers who have never even smoked a cigarette, deterred by decades of cigarette stigmatisation," he wrote.

Turning to its results for the third quarter ended Sept 30, 2020 (3QFY20), he noted that the group's margins, which now stand at 25.9% versus an average of 29.2% from 1QFY18 to 3QFY20, were being eaten by value-for-money (VFM) cigarettes, which now command a 26% market share from a negligible percentage just a few years ago.

"The silver lining from this is that BAT said its premium cigarettes’ market share has continued to stay at the 55%-mark. Hence, much of the down-trading must come from the mid-tier segment. BAT plans to re-deploy its operating expenditure savings to do more marketing for Dunhill and its new VFM cigarettes, Kyo, with more activities to be launched in FY21F, in order to attenuate the squeezed margins," he wrote.

To recap, BAT announced that its 3QFY20 net profit was RM63.74 million, which was up 16.72% from the RM54.61 million posted in the immediate preceding quarter (2QFY20), while revenue increased 14.81% in the same period to RM627.52 million.

When compared to the corresponding quarter in the previous financial year, BAT's 3QFY20 net profit fell by 23.32% to RM63.74 million from RM83.13 million in 3QFY19.

9MFY20 net profit was down by 31.8% year-on-year (y-o-y) at RM169.12 million from RM248 million. Revenue for the nine months was down 10.34% y-o-y at RM1.66 billion from RM1.85 billion.

"We believe BAT has a better chance now of appealing to lapsed and new customers with its imminent entry into the burgeoning vape market. However, we maintain our FY20-22F forecasts as it is still too early to factor in vapes’ contribution," said Kamarul, adding that it is keeping its "add" call and target price of RM12.65.

Its FY21 to FY22F yields range from 7.3% to 8.1%, backed by the group’s commitment to pay out at least 90% of its reported net profit.

“The upside risks include more effective enforcement against cigarette smuggling and a speedy launch of its Vuse vape products. While the downside risks are more down-trading and smuggled cigarettes’ supply replenishing on the black mark,” added CGS-CIMB.

At 3.13pm, shares in BAT fell eight sen or 0.71% to RM11.18, bringing its market capitalisation to RM3.21 billion.

Posted by SinGor > 2020-11-19 19:49 | Report Abuse

https://www.malaysiakini.com/news/551666

Very harsh word for refusing to Vote for Budget 2021-----TraiTor (from BN ) Budget sure pass

very exciting prospect for Bat----- 1 million active Vape user in Malaysia

Posted by Bingjiwang > 2020-11-20 08:50 | Report Abuse

Hisap kuat kuat lah, harga pun naik besar besar

Posted by freeze789 > 2020-11-20 11:28 | Report Abuse

Special Cabinet Committee agrees to establishment of code of duties and functions of Political Secretaries — PMO
TheEdge Fri, Nov 20, 2020 01:03am - 10 hours ago


KUALA LUMPUR (Nov 19): The Special Cabinet Committee on Anti-Corruption (JKKMAR) today in principle agreed to the establishment of the Code of Duties and Functions of Political Secretaries (Polsecs) as recommended by the National Governance, Integrity and Anti-Corruption Centre (GIACC).

The Prime Minister's Office in a statement said the move to enhance the integrity of political secretaries was among the important things achieved in the meeting chaired by Prime Minister Tan Sri Muhyiddin Yassin via video conferencing.

The statement said the code of duties and functions was in line with the objectives of the appointment of political secretaries to help manage matters related to political affairs only.

"Therefore, to complete the enhancement of integrity in the support process, the Prime Minister's directive on the Code of Duties and Functions of PolSecs can complement the previous directives issued specifically for government officials," added the statement.

A total of seven meeting papers were discussed at the JKKMAR focusing on initiatives to improve governance and integrity in the fight against corruption as outlined in the National Anti-Corruption Plan 2019-2023 (NACP).

The meeting also in principle agreed with the recommendation of the Customs Department to implement the Authorised Economic Operator (AEO) programme at the national-level which aims to increase compliance with industry, security and trade facilities at the border involving import and export matters.

To strengthen the disciplinary process in the civil service, the meeting also agreed for discussions to be held between the Malaysian Anti-Corruption Commission (MACC) with the Chief Secretary to the Government (KSN) and the Attorney General's Chambers to enable reports by the MACC and Enforcement Agency Integrity Commission (EAIC) to be used as evidence in disciplinary proceedings.

"This aims to increase the effectiveness of disciplinary action taken by the departments," according to the statement.

The meeting also in principle agreed for the GIACC, together with Senior Ministers, KSN, the Attorney General's Chambers and the MACC to refine the guidelines for issuing letters of support by members of the administration as a measure to strengthen the integrity and governance of members of the administration.

Also agreed upon were two recommendations from the Public Works Department (JKR) to improve the tender evaluation procedures and methods by improving the integrity of information in ensuring the effectiveness of tender evaluation.

They were to establish cooperation between JKR and the Companies Commission of Malaysia (SSM) to use the information available in the agency’s database for the purposes of tender evaluation and enforce the bid bond conditions for certain government tenders.

The meeting also in principle agreed for a comprehensive study to be done on the establishment of new legislation on Deferred Prosecution Agreement by the Attorney General's Chambers and MACC with regard to the provisions of Corporate Liability.

"This study is to look at the mechanisms and benchmarks of a commercial organisation that has been charged under Section 17A (4) of the MACC Act," according to the statement.

Today's meeting also noted the efforts to increase awareness on governance, integrity and anti-corruption via promotions and media publicity in line with the new norm.

Posted by kevinobc > 2020-11-20 12:32 | Report Abuse

https://focusmalaysia.my/business/the-zon-dont-tax-duty-free-cigarettes/

Posted by SinGor > 2020-11-20 18:57 | Report Abuse

I came to the conclusion that Tax on Cigarettes in Free Trade Zone is aim solely on Mahathir...
Langkawi....it is a Done Deal

Posted by JJchan > 2020-11-21 18:38 | Report Abuse

https://finance.yahoo.com/news/fastest-emerging-market-rotation-decade-065818704.html

Read this article carefully, i see "fat Uncle" coming Back soon

Posted by flyingtomoon2020 > 2020-11-21 23:44 | Report Abuse

Bat gogogo

Posted by flyingtomoon2020 > 2020-11-21 23:44 |

Post removed.Why?

Posted by Donator > 2020-11-23 16:28 | Report Abuse

pls dont go 1st... still wan to collect...

Posted by birkincollector > 2020-11-24 10:55 | Report Abuse

aiya stupid government dingdong the budget spoil the party

Posted by freeze789 > 2020-11-24 19:20 | Report Abuse

William GST benefit to BAT? once GST in and SST remove right?

Posted by longranger > 2020-11-24 21:32 | Report Abuse

what bat got to do with glove? :))

Posted by UncleFollower > 2020-11-24 23:30 | Report Abuse

One is already up waiting to come down...

One is already down waiting to go up...

In between in the short term the divergence can still go wider. The high goes higher and the low goes lower.

To each his own choice