5--10mil free float Trapped in Bullish Upwards Trend....easily another 100 candidates ( too young to know Hwai Tai but my remisier keep saying this name )
we all notice foreign fund all in now. once budget approved.
IronShirt, your are right. haha
---------------------------------------------------------------------------- freeze789 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.
That gradually and quietly buying were fund as compared to big players and retail buyers whose buying and selling behaviour seem to be quick and desperate.
As a result, there will be getting lesser retail and hot money but less sellers at prices despite BAT share price has been up since two weeks ago.
This indicates it is very BULLISH ( you can refer to candlestick and bankers bar chart) following under valued in BULL RUN as foreign and local fund are back as compared a few months ago where there was no vaccine actions, Biden’s Policy and local interest rate and monetary policies around the world that funds inject more into very strong fundamental counters like BAT.
If you like candlestick, you can find out the buying trend you have yet seen since a few years ago over this counter.
Hope investors hold this counter shares patiently until RM20.00 at least .
just 54mil Vol done. is rain drop to foreigner. When i was working in Singapore, my accountant always said there are 10Billion US$ sitting in Singapore Bank ready for action at any given time....that was 10years ago, now maybe Double
@John8882020 Agreed. A big, big Angpow for all the loyal BAT shareholders when they announced their QR4 for period/year ending 31/12/2020 in late January 2021, just in time for CNY :-)
In fact, Christmas already came early based on the past few days share price performance. Wonderful if it will be topped up with an excellent dividend for CNY since BAT paid out almost 95% of their profit as dividend. They really take good care of their Shareholders.
jackpot should be 30+ not 20 is the only stock selling poison n pay high dividend n run with excellent corporate governance unlike many therefore should deserve higher pe like consumer stocks
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....
apalumau
2,192 posts
Posted by apalumau > 2020-12-07 13:35 | Report Abuse
sorry guys, i wrongly send this, in this forum..... anyway, keep on uptrend for BAT!