If you monitor closely with TA skill on chart, you will find funds are quietly collecting but big players have been moving slightly faster than them to collect.
Hope BAT will move to RM15.00 in a month time over vaccine hope and stable world market particularly US market and bull run for certain good counters like industrial & service in KLCI
Mayb can refer to price after 2009 US QE years .. US low rate USD cheap ... World USD flow to high interest rate share like BAT , wat price of BAT at the time...
KUALA LUMPUR, Dec 4 — The Langkawi Chinese Chamber of Commerce (LCCC) has urged the government to postpone the implementation of excise duties on duty-free cigarettes until a proper study is completed.
In a statement today, LCCC vice-president Ku Chin Loon said failure to do so may result in the island losing significant revenue with businesses going under, causing more job losses and an income crunch.
Funds like collecting shares at lower price rather than chasing for shares for investment . Simple is that unless there are many big players chasing for shares on certain TP.
Therefore, do not chase for shares but collect shares during correction.
It is matter of foreign fund and players buying at very good prices over vaccine that make the foreign fund confident in this high dividend policy counter
Last time everyone comment about BAT is very BAD, everyone like gloves. Those who want collect at very low price, but never took action into REAL buy, Haters just talk for fun. Now the trending U-Turn,no body want Gloves anymore even pandemic still continue, they want BAD BAT? Haters, talk non sense no more, Collect while BAT's margin of safety still low, trade at your own risk. Happy investing :)
BAT is a good dividend stock in my portfolio. Gloves stock especially TG is badly hit even it has good fundamental. The mystery will be unveiled on next Wednesday. Today I liquidated by all my Astro stocks and bought in more glove stocks. Lets see what will happen.
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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....
CharlesT
14,959 posts
Posted by CharlesT > 2020-12-04 12:46 | Report Abuse
AT- i c i also scare...
BAT- cash cow + capital gain potential...i also scare