Vulture123 It was a “no brainer” decision. Their Dividend > EPF dividend and FD interest rate way too low for a retiree. Capital Gain will be an added BONUS. 03/12/2020 10:17 AM
As retiree, our hard earned monies investments driven solely on attractive dividends in this environment of low interest rate. In addition, BAT has Corporate Governance policy second to none and take good care of shareholders. Solely on dividend concept of investing, it’s FV still has way to go.
Bought some shares at RM10.02 after my recent retirement in September this year with money withdrawn from EPF and thought that its price was just simply way too irresistibly low.
Before celebrating too much, BAT has reached RM13 and stayed at RM13 for 3 weeks, only to slide down again. Don't put in more than you can safely hold for a while. Illegal cigarettes has been eating into BAT profits since 2015. Half a decade ago. It has been a chronic problem for the industry.
Illegal cigarettes market shares eroding very fast due to enforcement clamp down. No more Island duties free for cigarettes that contribute to smuggling actiivities. We should foresee minimum 60% jump in PAT by FY2021 as 1% market share gains will contribute to 6% additional profit for BAT bottomlines. The current 65% illegal cigarettes market shares offer huge upside potential for BAT.
The coming month will see new Impressive QR release by BAT. With increase of market shares and new Vape business segment, we should be able to see BAT's share price moving back to RM20.00 within 6 to 9 months.
No way can skip, 2021 budget enforcement + new Vape market = price will back to 2018->2017->2016->2015->2014. You all should know what are price moving on in next few years.
In year 2018 to 2019 the price was around rm33 with no action with no vape market, 2019 to 2020 price drop sharply to rm15 due to we are Malaysia Boleh "Blackmarket TOP 1 in the world" + SST + no vape market.
Start 2021 with 2021 budget support + vape market + tax on 0.40 per mil + SST 10% might be change back to 6% + Gov potential gain back from 5 Billon taxation (blackmarket).
@ gemfinder This is just the start of an uptrend. I will definitely not let go despite accumulating huge, huge amount of BAT from panic sellers from 11-10 ! All 30 + years of hard work save in EPF & reinvested in BAT will result in additional bumper harvest.
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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....
probability
14,499 posts
Posted by probability > 2020-12-02 23:36 | Report Abuse
what a day for charlest sifu...
more wonderful days await
Posted by OTB > Dec 2, 2020 4:14 PM | Report Abuse
CharlesT,
I help you to clear 12.00.
Thank you.