You have to give atleast 95% trust to BAT Rm 22 Tp given by JPM....TopGlove today Hit 3.50. Most likely the most Heated / Contested TP in Bursa...My comment was instantly deleted the moment i mention TG JPM's TP (many, many times ..) Now it is History.....Patiently waiting for BAT's TP RM 22.....Chun-Chun one says JPM
Now Parliament is keeping rumour WindFall Tax alive---WHY----Malaysia Gov is so Poor, every Tax Ringgit counts-----You can assure Illegal Cigs is having a Tough Time
@JJchan - Windfall Profit Levy was already implemented long ago. Rumour is about the Government might increase the rate as the CPO Market Price is increasing drastically. It has nothing to do with Ilicit Cigarette.
i would like to inform all share holders that BAT is going for on line purchase with effective today in upper North,namely ,penang ,kedah and perlis,BAT is using upper north as a trial run and set up an apps for all customers to place an order and will be delivered by third party [some thing like shopee service] all distributors had been terminated in upper north,this is popular in the west as drop in sales and rise in overhead will eventually eat into their profit,judge by yourself buy more or trim your holdings
in time to come ,bat will roll out on line purchase nationwide,i think south thailand is not the smuggling route for cigarettes as most counter brands are manufactured in vietnam,if they dont do it now ,they will suffer if another price increase and E cigarettes will come in a big way in a month's time,ten years ago ,price for a Daihatsu cigarette van costing rm 40,000. plus ,now rm 70,000 plus,ten years ago ,a cigarette van sales starting pay was about rm1500,now still paying the same,matter of time u cant get manpower,so market strategies have to be changed to adapt to the enviroment,pay third party for delivery service to save up cost,if not we all know what is the end result.
Obviously someone is trying squeeze as many shares out current situation " without Foreigner" However i see FF coming back sooner than expected bcos of Oil price. Ringgit will appreciate bcos Malaysia is Net Exporter. Funds flowing to ASEAN region will be more than expected bcos of China EverGrande debacle. Yuan will be depress with expectation More property sector will default (coming.}
My Bet is November onwards, BAT will surge with Good Results
I donT think Qwek Len Chan of HLG will stop collecting...I heard sapu anything below 15..... This is how Billionarie used money to make money....Look at MPI, without HLG pushing ----you thing MPI can reach 44.....When Qwek buys MPI at 7.50 many years back, i started collecting MPI too ( the reason given by HLG was different from current lack of IC. Anyway i made alot money too )
^ No logic, had declared $0.24 for latest quarter by company but estimated a lower dividend for coming quarter by you. I expect at least $0.24 if not, higher by a few more cents due to the lifting of certain restrictions during Covid lockdown.
Why BAT is called a Institution Stock bcos it moves in very predictable Ways. It has Hit bottom at 9.00 and now moving Up in a Controlled manner.. This is not a place for Contra players----there is no Show so popcorn and Instant Coffee have no use--------------Just a Good Old Cuban Cigar will Do
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....
Lanmum
360 posts
Posted by Lanmum > 2021-09-04 18:25 | Report Abuse
@auditorandconsultant, Really appreciate your sharing, thanks. Will keeps monitor. Take care bro