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 )

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

Bankers that Loan to Tony for RI purchases and personal Loan (800mil ) are supporting AA.
However there is always a Breaking point. The moment Bankers throw-in the Towel---Tony will
declare a Bankrupt and Banks will loose Hundreds of Millions ( extremely scary scenario---
may Hit this point somewhere Dec 2021 )----Same scenario at AAX both are more deadly than
Delta Covid

eventhough Ernst is appointed by Bursa, I think Serb can delay and postpone any definite
report for another 6--9 months. My best guess tactic is---my Dog died of Covid ( need to arrange
proper funeral service ) Then my Cat too died of Covid (Delta Variant ). Need to queue for
Cremation-----one month Delay

China vaccinated 40% of population as of Today with One dose. 2nd Dose might need another
4--6 months. But Delta Variant need a Booster Shot----China is NOT going to Open Border until
Mid-2022 provide there is NO new variant ( Sigma ) coming out

Without China Market where AA planes are going Fly to?-----2022 is going to be a Loss year.
Maybe AA Fortune will return in 2023 But Bursa will Delist AA in 2022 ( or in PN 17 )

nowaday if my Biz Colleague Call to inform that he received a Contract----my first impression is
RM 3000--5000 contract for LongKang extension. If Saprng Boss call me and said He received a
1.2Billion Contract-----My First impression is-- " is it in Rupiah "

This is How bad the economy Now. It really reflects into Stock Market

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

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

KPMG is also doing External Auditing works for EPF and KWSP ( both dumped Serb. immediately)
I suspect KPMG also alert EPF and KWSP ( maybe Bursa is LAST one to know )

Take extreme Caution if you know nothings ( I only recommend T+2 play and nothing else Unless
Bursa is satisfied with Erst's Report later....then we can really Wallop Serb )

When Qwek Len Chan ( owner of Hong Leong )wants to Buy, he always send HLG to drop
the price First. I built many ceramic Tile production lines for Him

When KPMG quit as External Auditor, it only meant Management refused to submit certain
critical documents for Inspection. What makes Ernst and Young to neglect and covered up
for Management unless some heavy "underTable cash is transfer" ( I donT think so since Ernst
is appointed by Bursa ) The Truth will prevail-------Play Contra and fast poker---Every Hand is
like touching Venomous snake-----The thrill is unbeatable but.......

my suspicion become apparent clear when RSS volume refused to shrink even TG profits keep
climbing last 2 Quarters. Only Malaysia Bankers and a few GLC have RSS License to play---most stock broker House donT have RSS license----These "few " will /already makes Billions when
TG price collapse further

6 months ago HK based Fund managers already downgrade TG after China based Glove Co.
achieved FDA recognised Consensus Standard. 6 months ago, 99% Malaysia Bankers are
still giving very High TP----I believe they are Buying time to unload ----Within last 2 weeks, one
after another Banker started raising Red Flag on TG in such a short time span ( They cannot give "Forward Guidance" like JPM )

The last time PNB (AmanahRaya) Buys was in 23Nov2020------203mil one day Sapu. If Tomolo Volume Hit 500mil, you know who is the Market

EPF buys then we are looking another 200--300mil ( being sapu) in next 2 weeks

wow. someone sapu almost 25mil of 0.130 @ 4:36PM-----Maybe PNB

as usual strong Tp from Banker begins

Any rally depends on a Single Spark. One Big fish suddenly jumps in and 20million ikan Bilis
will follow.----Now All Banker will hide under their Desk if you ask them to give a up-beat Tp.
But once Velesto Rally, these bankers will suddenly become "very Brave" shouting in All
Directions-----This is Stock Market-------10% Real 90% Con

Gold is classified as a Risk-Free asset under Basel III. So Banks have to accumulate more
"physical Gold" instead of paper Gold (used as Trading instrument ) If Bank only Buys physical
Gold But DonT trade physical Gold (problem with delivery)-----Demand for Gold will slowly Drops
I believe China Yuan and Russian Ruble will get stronger if basel III is fully implemented-----
China and Rusia has been buying Plane load of physical Gold to support their current ( all the
time ) While US$ is totally Not supported by Gold----US$ is "in God we Trust "

dont touch Dnex until ALL warrants are converted. All Good News--Foxconn, Ping are wipe aside
immediately when players saw 58m warrant converted at 50cts.

strong feeling current selling are done by Bonus holders---They are still making money even at
this price, thanks to TanSri 2:1 bonus

everybody waiting for the Que to jump in. Oil--75--76-78, surely One spark will create massive
Rally in next 10 days

buy Q. (0.150) is now 500% Sell Q----operator is squeezing last sellers.

Looks like someone is wiping out Top contra parking (14.60) Usually he wants to sell at much higher price----Big Fish playing

massive fund/cash pump into Green energy will result under-invest in Oil----Looks like Green
Energy might not cope -up with lastest energy Demand. Even EU is switching back to Coal
to meet demand. $100+ Oil might arrive earlier than expected

https://www.vox.com/energy-and-environment/2018/2/16/16926950/hydrogen-fuel-technology-economy-hytech-storage

Hydrogen mixed with Diesel, Petrol will result in Green Fuel----Far more efficient than Electric
Fuel Cell ( Tesla Car Battery )

HSBC is a cork-screw Bank. No face given if you breach their loan and even if you Biz account
doesnT show any movement ( they closed it )----Bad time sees little customers support ( gulung
tikar for sure )

There are 7 or 9 Foxconn factories in China beside Shenzhen plant ( $200bil Revenue ). Looking
at Biden policy which i think not much different from Trump ( maybe worst bcos of HK )---The
other 7 factories maybe also on the GO on short notice.

Hon Hai Taiwan, mother of Foxconn, bought 5% of Dnex for Silterra ( PNB's wafer plant). We
have being discussing this Foxconn's " moving out" of Shenzhen China bcos of Trump's policy.
Now it is confirmed. Foxconn shenzhen plant is 30% closing Down as of today ( employed more
400,000 workers the last time i visited the plant in 2019 )

Part of the plant actually plan for India entry level smartphone, LapTop goes to Vietnam...so
what Foxconn plan for Johor Or Penang plant????

My Guess is High End LapTop or 5th Gen smartphone bcos Singapore and Penang can supply
Good Components

So what Biz can KPS get from Foxconn $200Billion ( RM800 bil ) divestment from Shenzhen
China-----I think Electronics Plastic injection from Toyo and CPI will benefit And CenBond
High Quality Carton Box and Printing for packing will enjoy massive Biz----

6 months ago we just Talk about Foxconn, now they are Here......

Even Petronas is bidding for a Digital License. Strange but quite obvious if you see EU wants
to go Green Tech ( like tomolo hahaha ) So will Digital Bank helps Petronas, Yes and No. But
OLH will surely benefit bcos He is stock Trader. Can start a online Trading House where you
can pay your fees using yr Smartphone

BAT controls 55% of Malaysia Market and just a Cash-Cow. Management are Not interest to
raise Cash( RI ) to expand into others products beside Cigs and Vape----Having a 500 share
price just show prestige Image after all Cigs cannot Advertise in Sport, Entertainment or what-not about its Image.

https://www.barrons.com/articles/philip-morris-stock-buyback-repurchase-dividend-51623420505

I can give up Dividend if BAT follows Philip Morris to Buy-Back Shares. Management controls
50%, if buyback 20% from Market there is only 85.8mil shares in the market. But Top 30 shares
holders are holding about 20% so technically only 28.6mil free Float-----Can beat Nestle 138 price
in 6months

Having RHB shares is really a pain in the ass for OLH----you cannot dispose to a individual except
to a listed Co. And if you want to delist, you are required to hold less than 5% by Bank Negara.
Average RHB acquired cost is between 7.25--7.50 as revealed in AGM a few year back

June will be a fantastic month for BAT-----None of the Road Stalls can Sell legal Or illegal Cigs
during One Month Lock Down.
Almost 35--40% of local Brand Or illegal Brand are Sold thru Road Side Stall

Keeping finger crossed that BAT's 2Q results will Fly out 1 July ( Very Good Results always Out
very Fast )

https://malaysiastock.biz/Company-Announcement.aspx?id=1325486

with 552mil new shares (PP) what-ever profit from Vietnam will be diluted. Sell

There must be a reason why OLH and Sister want to be working Director in RHB----(Both can
play Golf everyday working as OskH Directors)

Normal Commercial banks has Too Many Regulation---Digital Bank is too New for Regulator
to control properly------Goreng BitCoin, DogeyCoin

I quite sure OLH will divest RHB when its price Hit 7.25 ( most likely next year or so.) and used
the proceed to Buy a Digital Bank ( become CEO). Both OLH and Sister are training Directors
in RHB for more than a Year now

First of All there is hardly any foreign Funds in Malaysia. 15 of JPMorgan FF has no BAT.
By comparsion Malaysia Bank Rate is atleast 200 basis point Above EU and USA. So Bond
Holders has No where to Go. Of Course Afghanistan offer 15% Bank Rate if you want to deal
with Taliban

Bank Negara rate is now 1.75%---with MCO, most Co. can stay 25% above waterline. With Lockdown 90% are Below WaterLine ( you can feel it so chaotic in SOP minister bcos they are
trying to save a Drowning Man )

June ----Bank Negara will announce Next Rate. My Bet is 1.50%. It will pull Down to 1.0% if
LockDown continues. Bank FD rate will be 1.75---2.0. BAT Dividend will Stay above 7%( annual--
2021 )

Bank valuations should gives KPS Tp 2.0 for takeover....management has plan.... Sprint takeover and Menara Sale can raise 250mil plus Cash ----another mmc maybe ( not getting my Vote )

Petronas need more Oil and more drilling----MCO3 need another 48Bil----Where Gov is going to
get the Money???? Only Petronas

Moving black market Cigs to unload at smaller ports will increase shipping cost by 200--300%----
slowly killing illegal Cigs.....This is the cost i paid when my Bangla workers run away during
Covid Raid

For me, Management go for Insurance Claim is very Sound. Depreciating savage cost and downtime cost together with Interest payment on Naga 7 is Not worth it bcos Green Technology
is moving too fast. The most Velesto asset may last 10years. Oil price may go higher and higher
But Drilling may come to a complete Halt in 15years. There is going to be many Rig in Saudi &
MidEast that will be left Idle soon (Velesto can Rent these Rigs) Even Saudi is moving away from Oil----
Taking 400mil Insurance Claim and look for Other Biz venture is really a better Option

now we wait like fishing....Velesto will Leap very High when any Contract is secured ( just bcos
Velesto Got More capacity to Run more Rigs than before).....it is just a mind set...from owning a
Rig to renting a Rig

Cost of Money is now Not a problem bcos of Money from Insurance Claim

The Biggest Bet now is " secured Contract from petronas "

Naga 7 is not going to be savaged but going for insurance claimed as printed. Bullish now bcos Cash from Insurance can be used to Rent 2 or 4 Rigs if Velesto secured Contracts

https://malaysiastock.biz/Company-Announcement.aspx?id=1323177

If Company Secretary with NO financial Education ( typing and filing ) thinks there is Value
in KPS----I suggest Bursa Sifu should Eat Banana everyday to upgrade their Skill

https://malaysiastock.biz/Company-Announcement.aspx?id=1322543

Maximum Goreng Allowed