EPF is not smart to jump into TG n other related after these Stocks had gained more a few hundrend %,instead they should go for Bat,EPF is just chasing like many retails players,its still not too late for them to jumpship into Bat,and the rocketing of bat will off-set their lost in TG,the longer they holding the more the lost for EPF,let wait n see
No way to take a breath, volume + 2021 budget (new potential and trend vape market) will tell everything. will more event faster than TG because only 285mil share /2 = 142.5mil.
In short period, fund willing to paid extra rm1-2 to collect more share. remember 90% dividend policy where to get?? average dividend payout is 94%.
Mean company earn 100% net profit will paid out 94% to all shareholder.
BAT can easily make profit of 200mil every quarter like during her golden age. Tobacco market never shrinking instead variable choice available now - vape, e-cirg etc.
Based on below factors, BAT is quite likely to be held for a year and test RM20.00
Fundamental123 Hi retail investors,
My two cents as follows:-
1) FUNDAMENTAL TECHNICAL ANALYSIS ON BAT
Two weeks ago started good bull run market of KLCI following :- i ) Vaccine hope into real action where UK, first country in the world, will be injecting vaccine ( it will be real action but in talk) ;
ii ) US incoming president, Biden Joe, who is pandemic prevention rather than triggering more serious COVID-19 by Donald Trump and Biden’s friendly negotiation policy for world; and
iii ) Low local interest rate and above factors have encouraged more funds and big players buying back good fundamental stocks like BAT ( Oligopoly business, one of best dividend policy under blue chip, good corporate governance management and new potential product, Vype ).
2) TECHNICAL POTENTIAL TARGET PRICE OF BAT’S SHARES
After funds and investors started buying shares in good fundamental stocks in banking, telecommunications , industrial & Services and so on.
Now, level of the stocks price resistance are important Reach BEFORE COVID-19 level in Jan -Feb 2020. For example of BAT, the level of price resistance that was in Jan 2020 was about RM15.00. This RM15.00 resistance level is to be tested technically in this current just indicated bull run.
3) ADVANTAGES OF EARLY BIRD
If you are retail investors, you have to analyse BAT very early and have good confidence in this stocks particularly in just indicated bull run currently and do not wait for reaching RM15.00 and then just to build up your confidence in this stock that will be quite late, higher risk in term of selling pressure for you (normally, most of retail investors always listen to Neighbouring friend without real study for taking responsibility for their real hard-earned money) as more investors might consider to sell the shares at RM15.00. Is it fair for you at that level of price ?
Furthermore, lower prices meaning lower risk of investment and more in quantity of shares are managed to be bought for higher margin of profit as compared to higher prices where you may just see clearer picture to just build up your confidence in this stocks.
Early analyse like above factors, huge volumes shares of fundamental counters ( but not penny stocks) traded like BAT indicates funds buying and big players exist that are able to push up the shares prices in the past weeks and coming as well in good market run, technical analysis like EPS, financial performance and dividend policy plus mgt.
From Market sentiment view of point, firstly coming vaccine action and secondly Biden taking president position in Jan 2021 that have become most motivation to share markets other than China economy recovery.
Hope these can help you more and less and good luck to All of you ! 05/12/2020 3:33 PM
Fuyoh, become Batman again! I always believed Batman would be back. Good mat salleh management company always come back not like those makan duit GLC companies.
once the big fish makan nothing can stop them...somemore it's still at relatively low level compare to all other cos like Nestle Dlady Psonic Heim Carlsberg etc
Bcos supply and demand. After deducting Mother holding, only 140million free float. price drop from 68 to 10 trapped many in this range (said 50%= 70mil free float left) Trade this another 30days, might left only 20 mil free float in the market....If 90% looking at 50 to sell, maybe only 5--10mil LEFT
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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....
williamh
926 posts
Posted by williamh > 2020-12-06 14:12 | Report Abuse
EPF is not smart to jump into TG n other related after these Stocks had gained more a few hundrend %,instead they should go for Bat,EPF is just chasing like many retails players,its still not too late for them to jumpship into Bat,and the rocketing of bat will off-set their lost in TG,the longer they holding the more the lost for EPF,let wait n see