From my reading and based on the references I have, am not sure why there is a big net profit gap between the last quarter (ended 31 Dec 19) vs the first quarter (31 Mar 20). This is obviously not 100% due to Covid. Since then the net profit is hovering around RM50M to RM65M. Quite hard for met to digest this. I don't believe Covid can hit cig company so much as it considers as essential for the addicts. I also don't believe during the lock down, illicit cig can be so widely distributed. This is a systemic problems and is growing over time.

Seems like many small sharks are waiting ya..

Somehow it is so obvious that somebody is accumulating. The vision and strategy is as good. Dont let the fog to blur ur decision

I think so, not sure it is the fact, just my 2 cents

Dnex has a chance to win. I dont think snap election will come any time soon. It is still not a right time yet. A few facts for your reference. Sabah election is still on the way, no clear strategy and path for bersatu to secure much higher chance to win. There are more things bersatu can do for publicity and secure ppl trust before snap election will be considered

Thanks JJChan, by the way I still don't see it. Regardless, I buy Dnex based by my experience and own analysis. I dont need to see to believe. With or without NIIS, Dnex will have a way to make money. Good day to you.

https://focusmalaysia.my/mainstream/this-consortium-is-frontrunner-for-rm1-5-bil-immigration-system-contract/

Refer to this old news, Dnex was not even being mentioned

NIIS will be a great bonus, a more sustainable business. it tells that Dnex price is well supported, and hence able to get through the storm ahead

not sure Dnex will be the winner. yet there is still a chance.

seems like Iris will continue to go downwards on Monday, may be at greater scale

I don't think NIIS will announce any time soon.

Dnex halt?

price slump

Iris collapsed?

Congrats... Iris holders

It is not about whether can secure this job, high chance right.. so, how much the price can b with RM1.2b project???

Agree, hold tight

Show time on Monday if this news is true..

Really hope for the best div 0.1365cent

Otherwise the price won't shoot up like crazy

240mil

If the news is correct

Everybody, ping sold

to be realistic, NIIS should be myeg baby

1b is due to the ping, but now got no sound no news no picture.

crude oil price stability is one of the key factors for the disposal.

due to the geopolitical instability and the recovery of crude oil price, Chinese buyers may have greater interest.

Wao.. fantastic enforcement team, same rat holes, tightened controls?? Well done, must give 2 thumbs up. Can continue to witness your achievements to be reported in the newspapers. We are expecting BAT result to continue its downtrend to below RM8. Well done

You may right, but the drop may still continue tomorrow

The last minute move doesn't seem real to me.

Not sure why fund house make a last minute move to buy all. Reason is not obvious at this moment.

World class.. speechless

No matter how good the management is, how much they spend on R&D and how much div they pay, the key point is the gradual increment of illicit cigs which will slowly eating up BAT profit. The worry here is not how good they r but how powerful the syndicate are operating. Salute the best ever government

Fyi, glove is totally diff species. Especially supermx.

Thanks all

To clarify, two weeks lock down for qtr1 and 1 mth for qtr 2 (april) means performance will be even worst for the coming qtr.

Dont use MCO as an excuse. This is an outright systemic issue which is beyond the management control.

Sustainable business? What a crap.

Personally, I dont expect a very good result, can maintain last qtr result is ok because I know malaysia is a very competitive and biz friendly country. That why it invites a lot of illegal biz to the country. Not bad ya

A bit funny though.. how can a black cat becomes a white one..

Sounds very constructive.. restart from the starting point.. show commitment itself is key to the success

I truly believe the ministry will try their best to clamp down and improve this systemic issue, hope dont normalise the abnormal.

Let's put it in perspective, why malaysia is always no 1? Means malaysia do not have talent to conduct what is supposed to be to improve the situation? Or always feel satisfied to stay in the comfort zone. Show to the public what has been done but is that enough? No doubt your efforts are much appreciated. Gambate by the way

I am not sure whether they are aware that there are many professional firms are able to provide investigative or forensic check on retail outlet and conduct observations even on the BAT van sales itself. BAT or the industry itself should collaborate with the ministry to do this right but wonder this has been put in place. Ministry should make the first step to engage the market players? Or vice versa.

Thanks I do noted that, but it seems the clamp down cases are just the tip of the iceberg, very strong syndicate, use residential and shop houses to store those stocks. Really no joke.

Should send some congratulatory messages to the ministry regularly, to be the world no 1. So proud

This issue is not happened just overnight, but over the past 6 years. Ridiculous man

Just wonder why the enforcement team cant be more efficient and effective in battling the issue. Dont know why they can stand with the bad name given, the world no 1 in smuggling illicit cigs and with a much lesser tax income. For me, I will be SIBEH BEH TAHAN

Thanks for sharing this useful piece, very informative and can be a good guide, to apply a more prudent decision. In short, the statements and the assumptions made are telling ppl how bad the enforcement team is doing. Agree with both hands

Yes, foreign fund has started to buy and I hope more to come not just them