Posted by trum > 2021-07-19 14:43 | Report Abuse

PE too high

Posted by Pinky > 2021-07-19 14:54 | Report Abuse

PE high is not important

BATM is more a trading co than a manufacturing co now, as all ciggies are imported now

It can distribute almost 100% of its earnings as dividends

Hence we should value BATM on dividend yield

Posted by JJchan > 2021-07-20 16:27 | Report Abuse

Maybe next 2 days results will be Out. BAT profit (hence Dividend ) should depends on Premium Cigs rather than KYO and RothMans ( competing with illegal and Local Brands ) Local Brands
that did not pay Taxes are replacing Cigs from Indonesia ( due to Raging Covid there )
However Local Brands Cost are moving rapidly Up due to small manufacturing scale.

Imported premium Brand( illegal) has plunge 70% not bcos of very effective Checking but rather
the logistics is Killing their profit rapidly.

Killing illegal Premium Brands would provide a Cushion for Falling demand of BAT premium
Brand due current economic situation.

My estimate a QoQ increase from 8--10% Or 27% increase YoY ----Maybe RM 69mil profit

Posted by UncleFollower > 2021-07-20 16:28 | Report Abuse

PE High? Are we looking at the same company

Posted by UncleFollower > 2021-07-20 16:28 | Report Abuse

PE High = CTOS MRDIY lol

Posted by JJchan > 2021-07-20 18:29 | Report Abuse

There is a critical shortages of Bangla and Indon in Malaysia. Therefore i think illegal Cigs
Runners are also in shortages ( Road side store need people to Sell and daily Delivery--cannot
store large quantity )-----BAT Legal Stores are less likely affected by labor shortages, but Sales
will also drop due LockDown / no job----That why i think low ends like KYO and Rothsman will
suffer while Premium Cigs will still survived ( profit margin for Premium Cigs is almost 2X KYO )

Keep fingers Crossed

Posted by Pinky > 2021-07-20 21:41 | Report Abuse

Jjchan thank you for your analysis

Posted by batman666 > 2021-07-23 16:37 | Report Abuse

Sell down before qr.

Posted by momo0698 > 2021-07-23 16:49 | Report Abuse

aih, seem like tis qr not good again.

Posted by batman666 > 2021-07-23 17:11 | Report Abuse

Omg... 72m... what????

Posted by BATFLY > 2021-07-23 17:25 | Report Abuse

Dividend 24 cents.. Profit.. 71.6 million.. Increase by 31% agst corresponding qtr..

Posted by JJchan > 2021-07-23 17:28 | Report Abuse

I have No Complaint bcos I only expect 69mil Profit But final results is 71mil ( 24 cents )

Posted by JJchan > 2021-07-23 17:32 | Report Abuse

QoQ and YoY numbers are within expectation----I didnT finished last Quarter Dividend yet ( no
where to spend ) I believe BAT is a True Arabian Horse in 2021 / 22 ( Out Standing in all earnings
aspect and always fall within Expectation )

Posted by Pinky > 2021-07-23 17:35 | Report Abuse

Good enough

Posted by UncleFollower > 2021-07-23 17:39 | Report Abuse

Profit is 25.1 cents

How is this qr not good...1/6 FMCO we get better profit than 1Q2Q3Q201Q21 and only a little short of 4Q20. Notably margin has increased by a bit, and is at the highest since 4Q19. This shows premium segment gain

Posted by Pinky > 2021-07-23 17:46 | Report Abuse

Waiting for auditor consultant to give his words

Posted by SandCoffee > 2021-07-23 18:47 | Report Abuse

Any news on the vape regulation?

Posted by Gerrardo > 2021-07-23 18:49 | Report Abuse

Why? Do you hear anything should be announce?

Posted by SandCoffee > Jul 23, 2021 6:47 PM | Report Abuse

Any news on the vape regulation

Posted by JJchan > 2021-07-23 19:11 | Report Abuse

I think in August BAT will import Vape for Distribution ( pay 10% Sales Tax ) Quarter Results
for 2nd Half of 2021 will Change very Radically ( 1--1.5mil Malaysia Vape users ) Each Vaper will
spend about RM150 or 300 per month ( about 450 / 900 per Qr )
If I take the High side, RM900 * 1.5m, Malaysian Vapers spend about 1.35Bil / Quarter----If BAT
can capture 50%---------It is 675mil Extra Reveenue / Quarter---However Vape is also very
competitive Market----I have No idea what BAT's profit Margin yet But it will be PROFIT

As for Vape Manufacturing License which BAT is dying to get----Parliament Debate and Standard
selection is required. However I believe Malaysian Gov will select British Standard----Guess
what BAT is already Manufacturing Vape in England

Posted by auditorandconsultant > 2021-07-23 20:58 | Report Abuse

Pinky, how do you find the dividend of 24 cents... Not bad right.. The result is not bad especially during this pandemic

Just hold and I believe bat is still a safe counter..

Just hold to earn capital gain while waiting for future development in bat

Posted by Pinky > 2021-07-23 21:07 | Report Abuse

Hi auditor! Long time no c

I actually expected only 20 sen. 24 sen is a big surprise

Posted by JJchan > 2021-07-24 15:01 | Report Abuse

Although the arrival( distribution ) of Heat-Not-Burn (HNB) product is plan for End 2021 launching
But bcos of Covid, maybe it will be delay---HNB is next big, big product after Vape. As a matter
of fact 45% of Japanese smokers already switch from Burning Raw Tobacco leaves to HNB.
Current patent lawsuit (HNB) between 2 Giants ( Philip Morris vs BAT ) show that HNB will
replace Traditional Smoking Method sooner than expected

Without a Doubt, BAT will Capture huge Malaysia market share of Both VAPE and HNB bcos
BAT already Got a International Followings for Vape and HNB, about 9millions.
Whatever Malaysia market share BAT lost after Gov banned public smoking will return back
in 2022 ---about 1.0Billion plus Revenue per quarter Or 70 cents Dividend ( finger Crossed )

Posted by batman666 > 2021-07-24 17:29 | Report Abuse

72m in q2 is very good.

Posted by RainT > 2021-07-26 09:04 | Report Abuse

.

.

.

Posted by troy88 > 2021-07-26 09:07 | Report Abuse

Well done!

Posted by Pinky > 2021-07-26 09:50 | Report Abuse

hahaha Kenanga upgaded TP

Posted by Ntpboon > 2021-07-26 11:03 | Report Abuse

--------------------
-------------------------

来来来................

闲来无事来打油.............



控制疫情不给力
各行各业难呼吸
英美烟草出业绩
还是照样派股息

银行利息真的少
不如买英美烟草
股价若没往上跑
股息也能收到饱


---------------------------------

Posted by williamh > 2021-07-27 12:14 | Report Abuse

提升控制战斗力，理应万変深呼吸，只有珍惜那业绩，那怕一再派高息！问君可否收成少，何不乾脆美烟草，问世間情为何物，直叫人以死相许

Posted by SinGor > 2021-07-27 18:25 | Report Abuse

why HLG so slow to give TP???? Quek Leng Chan still Buying??

Posted by Gerrardo > 2021-07-27 18:31 | Report Abuse

Heat not burn should give a good impact towards tobacco industries

Posted by JJchan > Jul 24, 2021 3:01 PM | Report Abuse

Although the arrival( distribution ) of Heat-Not-Burn (HNB) product is plan for End 2021 launching
But bcos of Covid, maybe it will be delay---HNB is next big, big product after Vape. As a matter
of fact 45% of Japanese smokers already switch from Burning Raw Tobacco leaves to HNB.
Current patent lawsuit (HNB) between 2 Giants ( Philip Morris vs BAT ) show that HNB will
replace Traditional Smoking Method sooner than expected

Without a Doubt, BAT will Capture huge Malaysia market share of Both VAPE and HNB bcos
BAT already Got a International Followings for Vape and HNB, about 9millions.
Whatever Malaysia market share BAT lost after Gov banned public smoking will return back
in 2022 ---about 1.0Billion plus Revenue per quarter Or 70 cents Dividend ( finger Crossed )

Posted by bigwill > 2021-07-28 11:24 | Report Abuse

HLIB new TP $12.95 (From $11.75)

Posted by IronShirt > 2021-07-28 18:22 | Report Abuse

Looking for MacQuarie & AffinHwang's TP...both 16.20 ---16.30 last round

Posted by UncleFollower > 2021-07-28 22:48 | Report Abuse

Unfortunately phillip morris not on bursa...IQOS is far superior

Posted by troy88 > 2021-07-29 11:19 | Report Abuse

Eventually will be back to RM16 just a matter of time..

Posted by Pinky > 2021-07-29 11:33 | Report Abuse

I still think people will eventually stick to traditional cigarettes

There's nothing like lighting up a cigarette and see it burn down

Posted by newbie2828 > 2021-07-29 22:58 | Report Abuse

major concern
1. lockdown smoker smoke less at home sinve Jun till now end Jul.
2. covid drags on, consumer pocket dried up
3. c3 and c4 expire in aug. these 2 are big one.
4. fighting illigal cig = fighting corruption.
5. parliament in a mess, bo lat for any law changes include vape regulation. vape legalised = hell break loose, all illigal business sudden all became legal.
the list goes on..

Posted by BILLC > 2021-07-29 23:53 | Report Abuse

JPmorgan says tp 21.00,,,,so no worries,,,

Posted by newbie2828 > 2021-07-29 23:59 | Report Abuse

can sleep well buddy

Posted by williamh > 2021-07-30 13:43 | Report Abuse

Seeing IB players orscratra bat up n down is amusing

Posted by SandCoffee > 2021-07-30 14:54 | Report Abuse

@ newbie2828 - Yea, seems like Government is not ready to come out with the new Vape Regulation.

Posted by Bgt 9963 > 2021-07-30 16:25 |

Post removed.Why?

Posted by IronShirt > 2021-07-30 17:59 | Report Abuse

https://themalaysianreserve.com/2020/11/27/govt-could-rake-in-rm300m-from-vape-tax/

For 10% tax on Vape in 2021, Gov can get 300mil so Total estimate Sales is 3 Billion ( regulation
or No regulation--Home Made also can Sell (just pay 10% sales Tax )

If BAT can capture 50% of this Sales next Month, it is 400mil extra Revenue

Posted by IronShirt > 2021-07-30 18:01 | Report Abuse

What JJ predict 1.0 billion Revenue per Quarter is more than possible by year end --2021

Posted by IronShirt > 2021-07-30 18:04 | Report Abuse

BILLC JPmorgan says tp 21.00,,,,so no worries,,,

I like to see JPmorgan 21 Tp if possible..thanks

Posted by auditorandconsultant > 2021-07-30 20:57 | Report Abuse

Be positive and BAT is always a choice to hold long term for investment

This is a cash cow. No need worry

Posted by SandCoffee > 2021-07-31 01:43 | Report Abuse

With Regulation, BAT can maximise their Vape Profit. Without Regulation, everyone can go sell in the market. There is about 3k+ Vape Seller in the market, so how you justify that BAT is more competitive advantage compare to the others?

Posted by SandCoffee > 2021-07-31 01:52 | Report Abuse

I do agree with auditorandconsultant that BAT is good for long term investment. But it would be another added value if they can maximise the profit with Regulation.

Posted by Bgt 9963 > 2021-07-31 09:03 |

Post removed.Why?

Posted by wallstreetrookie > 2021-07-31 14:39 | Report Abuse

I really hate. hate investing in tobacco companies. But the dividend yields are just too sweet. Hopefully some activist investors can come in and turn around the company and focus on non-addictive vape/nicotine alternatives

Posted by SandCoffee > 2021-07-31 15:35 | Report Abuse

Yeah, they are generous in distributing dividend every quarterly. The dividend yield and dividend payout ratio is absolutely amazing.