you cant compete against illegals... whether illegal gambling, illegal cigarettes, illegal video box... there is just no way to justify if your product competes against illegals... I believe all the industry cigarettes, video box, gambling will suffer huge drop in profit unless govt takes stern action. right now, I have cut loss on all companies that compete against illegal products whether is Astro, GENM, BAT and others... the only thing I hold now is Carlsberg and Heineken cause even though there are contrabands people still will think twice from putting questionably sourced alcohol and putting into their mouth.
enforcement on no smoking at eatery gonna have impact on sales of legal cigarettes at kedai kopi and nasi kandar etc... sales may further slow.. some smoker may decide to quit due to no freedom to smoke.. hmm... like no good prospect
Come and buy SCable.Only 35-36 cents.Got potential.BAT let wait till early April 2020. Michael Kwok 1244 posts Posted by Michael Kwok > Jan 10, 2020 8:18 PM | Report Abuse X
Trying some new method here.Seing 57-67 cent as worst case scenario.I call it a buy.Cut loss at 33 cent below(made sure below after 4 pm on that day).price 36 cents.
I started to make BAT in my watchlist when RM 20, they say RM 18 is a good price to enter, luckily no more money during that time, and when RM 16, i almost buy this stock... After get my bonus this month, i started to look at BAT again.. but then within few days drop so many....
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....
casanwk
1,496 posts
Posted by casanwk > 2020-01-21 16:39 | Report Abuse
For daytrading only