Posted by kd88 > 2020-12-30 13:39 | Report Abuse

Yes vape is a game changer.
.

Posted by Simon_khoo > 2020-12-30 13:50 | Report Abuse

Fund managers rebalancing portfolio vs IB, let’s see who’s stronger...

Posted by sunbird > 2020-12-30 14:06 | Report Abuse

If it goes down, pick up a few more. This is for the long run. Patience and wait for the first week of February then it will move a bit more. When the results come out in may and they are good, it will surge.

Posted by Gmarc > 2020-12-30 16:54 | Report Abuse

https://www.malaymail.com/news/malaysia/2020/12/30/no-more-new-import-licence-for-cigarettes-from-jan-1-2021-says-customs-d-g/1936051

Posted by Simon_khoo > 2020-12-30 17:21 | Report Abuse

https://www.chinapress.com.my/20201230/%e9%a6%99%e7%83%9f%e8%bf%9b%e5%8f%a3%e6%96%b0%e5%87%86%e8%af%81-1%e6%97%a5%e8%b5%b7%e5%81%9c%e5%8f%91/

Posted by Simon_khoo > 2020-12-30 17:21 | Report Abuse

Tomorrow is the day

Posted by freeze789 > 2020-12-30 17:58 | Report Abuse

After you read this you feel more excited on BAT "Pelan Strategik Kastam 2020-2024 (page 13)"

http://www.customs.gov.my/en/Download/Pelan%20Strategik%20Kastam%202020-2024-Web-2.pdf

Posted by Nepo > 2020-12-30 18:33 | Report Abuse

https://www.enanyang.my/node/375541

Posted by 360Capitalist > 2020-12-30 21:49 | Report Abuse

https://codeblue.galencentre.org/2020/12/16/ahmad-maslan-moots-rm8-cigarette-packs-to-fight-black-market/

Will Government implement RM8 Cigarette Pack soon ?
If yes, BAT share prices will fly.

Posted by spectre007 > 2020-12-30 23:44 | Report Abuse

PUTRAJAYA (Dec 30): There will be no more new import licence for cigarettes issued by the Royal Malaysian Customs Department (JKDM), effective from Jan 1, 2021, said Customs director-general Datuk Seri Abdul Latif Abdul Kadir.

However, he said the existing import licences could still be renewed.

"To tighten the renewal of the Cigarette Import Licence, the additional conditions for importing the minimum quantity of cigarettes that have been set within 12 months must be adhered to," he said in a statement today.

He said from Jan 1, 2021, all trans-shipment of cigarettes, tobacco products, electronic and non-electronic cigarette devices, including vape and nicotine-free liquids/gels used in electronic cigarettes, is only allowed at five ports.

Abdul Latif said the ports are the West and North Port in Port Klang, Selangor; the Tanjung Pelepas Port, Johor; the Sandakan Port, Sabah and the Senari Port, Sarawak.

"ISO containers must be used for trans-shipment activities and they must only be Full Container Load (FCL) shipment as break bulk activities are not allowed," he said.

Abdul Latif said transit activities for export purposes by road are allowed, provided they are imported through the five ports, travel from the trans-shipment port has been set directly to the final destination abroad, and they comply with the provisions of the Customs Act 1967, Customs Regulations 2019 as well as department policies which are in force.

He said from Jan 1 2021, trans-shipment of cigarettes and re-export of cigarettes, tobacco products, electronic and non-electronic cigarette devices cigarettes by small boats would be disallowed.

He said the imposition of tax on cigarettes with drawback facilities for re-export will only be allowed in the Free Zones (ZB) and this is also subject to JKDM’s conditions.

He said in accordance with Section 93, the Customs Act 1967, re-export should be made within three months from the date duties were paid, while return claims can be made within three months from the re-export date.

Abdul Latif added the imposition of tax on cigarette products at all Duty Free Islands (PBC), namely Langkawi, Labuan, Tioman and Pangkor and the Free Zones (Retail Business), will start on Jan 1, 2021.

"As such duty exemption for cigarettes and tobacco products for visitors and tourists will no longer apply from Jan 1, 2021," he said.

The free commercial zones involved under Section 6A, Free Zones Act 1990 are those located in Stulang Laut, Johor; Rantau Panjang and Pengkalan Kubor in Kelantan and Bukit Kayu Hitam, Kedah.

Abdul Latif said the remaining cigarettes and tobacco products that had been imported into the PBC and ZB before Jan 1, 2021 could be stored, owned, sold and disposed of in the same PBC and ZB.

He said the remaining cigarettes labelled with red tax stamps (MDNP) and duty-unpaid tobacco products that are to be taken out to the Customs Main Area (KUK) should be settled before Jan 1, 2021.

In addition he said, from April 1, 2021 duties and taxes would be imposed on cigarettes and tobacco products imported from abroad or purchased from Duty Free Shops through all modes of transportation when products are brought into the KUK.

These measures are in line with Budget 2021, which were tabled on Nov 6, as part of strategies to improve revenue collection and address smuggling activities, especially for high-duty goods.

Posted by troy88 > 2020-12-31 09:34 | Report Abuse

Slow and steady for serious long term investors. Gamblers stay out.

Posted by JJchan > 2020-12-31 09:48 | Report Abuse

rumors getting stronger BAT will be listed as Index Stock....

Illicit Cig is selling 7.50 / 8.0 this morning. If Gov implement RM8 / pack, illicit Cigs will be wipe-out

Posted by vcinvestor > 2020-12-31 10:06 | Report Abuse

BAT market cap is RM4.0bn, smallest counter on the KLCI is sime darby with a market cap of RM15.85bn - are you suggesting BAT is going to rise fourfold? Biar betul man

Posted by JJchan > 2020-12-31 10:35 | Report Abuse

vcinvestor BAT market cap is RM4.0bn, smallest counter on the KLCI is sime darby with a market cap of RM15.85bn - are you suggesting BAT is going to rise fourfold? Biar betul man

KLCI is a weighted Index that reflect the "Entire Market" Mixed...not ALL big Cap can be listed

Posted by vcinvestor > 2020-12-31 10:47 | Report Abuse

And i quote from Bursa's website:

Selection of FTSE Bursa Malaysia KLCI Constituents
The FTSE Bursa Malaysia KLCI comprises the largest 30 companies listed on the Main Board by full market capitalisation that meet the eligibility requirements of the FTSE Bursa Malaysia Ground Rules.

Posted by williamh > 2020-12-31 11:27 | Report Abuse

Buy only the company put the share holders first,bat had a very strong management in financial and marketing and strong guidance

Posted by Simon_khoo > 2020-12-31 11:32 | Report Abuse

37c is too ambitious. I predict 25-28c...

Posted by Simon_khoo > 2020-12-31 12:11 | Report Abuse

Very interesting, strong buy @ 14.18, eating non stop...

Posted by JJchan > 2020-12-31 13:46 | Report Abuse

most people thought Nestle price 134 today is gained over many Decades----Hell NO----
Nov 2017 when Nestle ( RM85 ) and Press Metal were included in KLCI---2018 (after 360days )arrived 134----Almost 99% of people here knows BAT was 74 before ( 5yrs it went down to 9.0 )

What make you think BAT cannot arrived at 99 in One year if Vape and RM8 Cigs are implemented. BAT has "unlimited Capacity" to increase its Volume bcos Indonesia Has "Unlimited Capacity to Supply "----Technically Indo just switch illegal into "Legal Cigs "

Posted by JJchan > 2020-12-31 13:58 | Report Abuse

https://www.nst.com.my/business/2017/11/309321/nestle-and-press-metal-be-included-fbm-klci-index-replace-bat-and-ijm

Posted by JJchan > 2020-12-31 14:59 | Report Abuse

FTSE Bursa Malaysia KLCI December 2020 semi-annual reviewwww.ftserussell.com › press › ftse-bursa-malaysia-klci-...
Dec 3, 2020 — All constituent changes take effect at the start of business on Monday 21 December 2020 and the next review will take place in June 2021

Posted by vcinvestor > 2020-12-31 15:12 | Report Abuse

if you truly truly believe that BAT can reach that kind of valuation in a tobacco market that is declining not just due to illicit cigarettes but due to better awareness of the dangers of smoking

https://ourworldindata.org/smoking#smoking-rates-are-falling-in-almost-all-countries

then i hope you max out your margin finance and bet your house on BAT because you're going to be a rich, rich person.

I will check back on this in a year's time 31/12/2021 and lets see how correct you are ok?

Posted by JJchan > 2020-12-31 15:20 | Report Abuse

Born loser

Posted by s3phiroth > 2020-12-31 15:41 | Report Abuse

Yes smoking rates are failing in almost all countries, but not malaysia.

basically domestic cigarette consumption is still remain 20bil +- 1bil sticks per annum in last 5-6 years.

Posted by williamh > 2020-12-31 15:42 | Report Abuse

My conservative prediction is 40 next year .

Posted by freeze789 > 2020-12-31 15:43 | Report Abuse

Haha...Hi JJchan, i'm agree and support you. don't care much on those outdated thinker.

Posted by s3phiroth > 2020-12-31 15:51 | Report Abuse

if the transshipment ban only manage to cut the illicit white cigarette by half then we are looking at the total illicit cigarette around the level 5-6 years ago.

Country like singapore/australia has lower than 20% illicit cigarette because they ban ciggy transshipment too! So 40 is very possible!

Posted by freeze789 > 2020-12-31 15:52 | Report Abuse

Pls do proper study 1st. don't base on 1 statistics and judge the future.

Of course we know smoking rate is drop -> that is conversion cigarette and most of smoker had change to e-cigarette/ vape = That's why in 2021 is the year of BAT revive.

BAT Malaysia NOT equal to worldwide business. the statistics of smoking rate falling is not fully apply to BAT Malaysia.

Posted by 360Capitalist > 2020-12-31 16:12 | Report Abuse

The drop in illicit cigarettes and introduction of Vuse E-Cigarette will improve Topline & Bottomline of BAT. I believe it is STRONG double digit growth for 2021 & 2022.

Posted by freeze789 > 2020-12-31 16:30 | Report Abuse

360Capitalist...confirm double digit growth for next few years since the action enforcement + license control + Vape market was activated + tax on competitor. They have no reason for BAT at bottom level now...unless you told me the price at high hill level then we need to be caution.

Posted by SinGor > 2020-12-31 16:39 | Report Abuse

When KYO first came Out, I saw most Cigs counters had 2-3 pack KYO per Row of BAT cigs.....
yesterday my favourite Cigs shop has "2 Rows of KYO "...if it is not selling well why pack so
many KYO on their Display Counter

Posted by freeze789 > 2020-12-31 17:02 | Report Abuse

Very obvious the intention when closing low, anyhow wish all of you Happy New Year 2021 and enjoy the holiday.

Posted by SinGor > 2020-12-31 17:15 | Report Abuse

Call Warrant Operator in Action. Cannot do much just pulling underwear and T-shirt to slow down
a charging Bull

Posted by s3phiroth > 2020-12-31 18:36 | Report Abuse

IBs didnt cover their cw because it was almost for sure BAT will stayed around rm10 level for quite some time when they issued those cw. They thought time and high dividen yield will favor them but the budget caught them off guard.

Posted by s3phiroth > 2020-12-31 18:40 | Report Abuse

now they have no choice but trying to put a big block to slow the upward momentum to limit their losses on c1 and c2.

Posted by freeze789 > 2020-12-31 20:45 | Report Abuse

No worry, next month when foreign fund come in, there is no way to block the uptrend.

Posted by JJchan > 2021-01-01 13:57 | Report Abuse

British American Tobacco (Malaysia) Bhd

British American Tobacco (Malaysia) Bhd’s (BAT) share price staged a strong rebound in the final two months of 2020, recouping most of the lost ground as it hit a 20-year low of RM8.80 in March.

Still, its current share price remains fairly undervalued compared with its historical price. The tobacco manufacturer was trading at RM40 three years back, constituting a 65% decline.

Valuation-wise, BAT is trading at a trailing 12-month PER (TTM PER) of 14.99 times, cheaper when compared with its five-year average PER of 18.58 times, based on Bloomberg data.

CGS-CIMB Research, which has a "buy" call with the highest target price of RM17.48, expects BAT’s long-term growth could come after it enters the burgeoning vape market.

“We think its earnings visibility looks clearer for the first time in years,” said CGS-CIMB Research.

The anticipation of more effective enforcement on illicit cigarettes would be another re-rating catalyst for the stock. Any effective clampdown on cigarette transshipments in 2021 will give a boost to BAT’s earnings, which had been eroded by the rampant contraband products.

Besides, BAT, which declares regular dividend, is currently offering an indicated dividend yield of 6.36% — which is deemed attractive.

Posted by JJchan > 2021-01-01 14:01 | Report Abuse

https://www.theedgemarkets.com/article/stock-picks

BAT one of the Edge stock pick for 2021----Monday should be Good show

Posted by williamh > 2021-01-01 21:23 | Report Abuse

I bough it at 13.50 limit down prices more than 20 years back then the PM suddenly annouce of currency control and almost all the blue chips were thrawn like rubbishs then even TNB was slighty above 2,but it bouned back very strong the next two days when the pictured was clearer,you will not be able to buy at this bottom prices if ff start to revisited bat,right now ff is moving their profilor ,you need to positioning before ff move in

Posted by JJchan > 2021-01-02 09:17 | Report Abuse

I saw 2 previous Chaotic Custom procedures--1) Introduction of GST 2) GST back to SST
My Custom Documentation boys donT even know who to talk to during these Operations.

However current Gov attacked on illicit Cigs seems to kick-off much earlier, just after MOF
announcement ( illegal Cigs will be Hit by 30% before 1 Jan 2021----Full impact on 1Q21 )

Yes, you will see strong results on BAT 1Q21 Bottomline from MOF attack on illicit Cigs .
The major different between current and Other similar Operation on illicit Cigs-- is Current Gov
coffer is Completely Empty

Posted by freeze789 > 2021-01-02 10:42 | Report Abuse

then that is a good news..thanks for sharing this valueable infornation.

Posted by JJchan > 2021-01-02 15:16 | Report Abuse

https://www.malaysiakini.com/news/557355

MOF even extend 4D to 22 Draws---Legal ways to get Extra Money for empty Gov Coffer.
I believe Custom and Police will go all out to Kill illegal Cigs so that more Taxes will be
collected by MOF

Posted by freeze789 > 2021-01-02 15:33 | Report Abuse

if like that most likely GST will be restore in short period as well. that will be win-win situation for GOV and BAT.

Posted by 8888_ > 2021-01-02 22:40 | Report Abuse

CIMB, Affin manipulate bec SW? Why HEIM, Carlsberg no SW?

Posted by williamh > 2021-01-03 06:56 | Report Abuse

Bat will save millons on GST reintroduction

Posted by Airline Bobby > 2021-01-03 10:11 | Report Abuse

Ah this stingray going to be looked for by SC haha

Posted by Simon_khoo > 2021-01-03 23:16 | Report Abuse

https://stocklight.com/stocks/us/consumer-non-durables/nyse-bti/british-american-tobacco?media_id=78641

Posted by Simon_khoo > 2021-01-03 23:17 | Report Abuse

BAT UK announced to start COVID-19 vaccine production in 06/21

Posted by Edison Chen > 2021-01-04 01:05 | Report Abuse

BAT malaysia vaccine Ada sangkut tak?

Posted by Simon_khoo > 2021-01-04 09:05 | Report Abuse

If your father manufactures vaccines, will it benefit you?