@DividendGuy67

I definitely agree with the point that you’ve raised and has certainly shatter my confidence in this company’s strategy.

@Cslee1215

Of course, not.
Anyway, what bad news can you share with us about Utd Plt?

@KYLai968

I never knew that there is a stock that can replace BAT former glory years when its price was above rm25 until I take a look see of Utd Plt’s technical analysis price chart that was shared by you.
This stock is going to explode or takeoff in flight during its price discovery stage if can break rm17.
Utd Plt is a no-brainer stock to invest if can get it cheaper than rm16 or even, slightly higher.

Based on my charting understanding from “The Technical Analysis Course” 3rd edition book by McGraw Hill’s Meyers, there is an immediate resistance from rm9.15 to rm 9.18 if broken should propel its price to above rm10.
It’s probably or most likely to happen mid next year when the USA Fed could reduce its rates and then, stocks will become attractive again.

Of course, there are more Tesla shares to be sold in the future when its stock price hits or surpasses usd 400, 500-600, 700-800 and 1,000 may take many years to happen.
Yes, I’m optimistic about Tesla stock and I look forward to divest all its sales proceeds into MBB.
Hope my expectations go according to plan.

I’ve decided to invest in MBB today instead of BAT because the latter stock has been tarnished by government’s policy and illicit cig trades.
I will compare the stock performance of MBB and BAT diligently to ensure that my monies will get the best ROI under the category of low or minimal risk.
Tesla (listed in USA Nasdaq) is my #1 and only stock for long term investment under epic high growth risk category.

An additional Tesla 110 shares at usd283.40 still in sales queue awaits to be divested for MBB in the next 6 months. I will be checking my post to see if it has aged well or not.

Sold Tesla 100 shares at usd273.40 yesterday and using its sales proceeds to try my luck with MBB 13,000 shares at rm9.12 today. Hope for reasonable or decent ROI knowing that capital appreciation is not MBB forte. I would be pleased with above 6% dividends and 2% to 3% stock price gains annually.

@smartly

rm5,000 * 10 * 12 = rm600,000 principal
…must be a rich fellow if do as you’ve just suggested.

Anyway, why Maybank and not, Tesla (a USA Nasdaq stock) for long term investment ? I’ve been picking up Tesla shares slowly but surely or dollar cost average starting this year and am happy with its stock price progress, so far.

Risky effort to inflate its price from rm10.20 on March 17 to rm11.18 had happened without knowing Q2 2023 dividend would dropped by 23.5% as announced on May 29.

GEG could be implemented a year earlier than originally, planned.

...seems likely, the major support of 9.75 to 10 could be tested next. Hope its price can hold or stabilize at this range.

The trend seems to be MyEG is losing our Government's concessions left, right and center.

As the price of this stock has been dropping solidly, it's so likely to fall within the range of rm10.25 to rm10.50 for some support.

Thank goodness I'd divested from BAT and invested in Tesla (NASDAQ) at the beginning of this year. So far, an unrealize gain about 91.5% for 6 weeks of hodling and its price is still soaring.

...just loaded up on some BAT shares for the time being.

Sold (its price was quite high) when I'd heard about the proposed GEG and Buy (price is reasonable at the moment) after you-know-who lost.

@unicornbird

https://www.bursamalaysia.com/market_information/market_statistic/securities
Have a look-see.

@supersinginvestor
This is not your grandfather counter so anyone can do what they want, so please don't talk kok and get the fack off my case.

"Be fearful when others are greedy" or "Be greedy when others are fearful" as quoted by Warren Buffet so I'll never be buying back this counter shares at a higher price for sure.

tyvm, for boosting up the price so that I can sell my shares for a profit of 3x.

Luckily, I've sold all of my shares in this company just right after an umno politician became the PM recently. I'd expected bad news to happen for it.

^ 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.

"BAT: 1Q net profit soars to RM63m, declares 21sen dividend. British American Tobacco’s (BAT) net profit grew 24.32% YoY to RM63.11m in 1QFY21, supported by growth in the group’s domestic volume. Revenue increased 17.75% YoY to RM566.55m as the group’s total market share rose to 52.3%, underpinned by the strength of its strategic brands such as Dunhill, Rothmans and KYO. The group declared a first interim dividend of 21 sen per share.". as quoted from PublicInvest Research.

This news gives great hope for better things to come so I remain confident with future prospects of BAT.

The next 3 noteworthy resistances are at 17.70, 19.60 and 22.50 ...should be interesting.

It's not intelligent to sell this share for below rm20.

The best investment that I've ever made in my life is trusting my money in BAT instead of KWSP/EPF.

I've an objective to collect 69,000 shares of BAT and still short about 40%. As its price keeps increasing, it's getting more expensive to reach my goal. I may have to stop at 50,000 shares and be happy about it.

Seems to me, most analysts are incompetent to forecast BAT share price correctly. Most of them deemed that BAT is worth below rm12. I must agree to disagree about their views.

The other half amount of my money is invested in cryptocurrency such as Bitcoin (BTC) and one top secret project.

Cryptocurrency profitability certainly outperforms shares enormously. Just imagine I'd bought USD 3k per BTC coin back in year 2017 and still intends to hold for another 5 to 8 years. Its price is USD 60k currently.

I've about the same quantity of (fully paid) shares as compared to the number of BAT's outlets. It's such a pleasant coincidence !

^, damnit no comparison of course it's BAT for the rich & also, because I'd bought it for a steal at rm10.02

Luckily, I'd sold all of my Genting Bhd shares at rm7.02 on 30/4/2019 because it was managed by a person who is the highest paid in Bursa by far. No words can described my utter abhorrence of him when he made the dubious decision to buy the loss making Empire Resort Inc that had triggered a massive Genting Bhd shares sell-off.

I was trying to accumulate more of this company's shares and all of a sudden its price took off.

If the price drop a lot or laosai ?!, ...Wow! I've just got another opportunity to buy more.

My paper (floating or unrealised) profit is more than rm160k and am still holding all the shares of this company that I'd bought in September.

Why do you want to sell now? No point to sell yet.

...that means profit taking will start to commence.

Price resistance at rm15.20 was smashed, ...hmmm

Don't let any1 scare you to part with your shares of this company for under rm15.20

Wow!, its price resistance at RM13.20 was just breached w/o any trouble so hopefully, the bulls can still keep charging ahead.

Bought some shares at RM10.02 after my recent retirement in September this year with money withdrawn from EPF and thought that its price was just simply way too irresistibly low.

...but how much higher it'll go, I don't really know lolz

I'm so happy now because this counter has staged a remarkable recovery and on its way to up, up and up.

Last I'd checked, its price was about rm7 so it seems as though the likelihood of acquiring shares of this company cheaper or more cheaply can become a reality soon.

The last time I'd sold Genting shares was on 30/01/19 at 6.92 and watched its price risen up above 7.50 so, I won't be repeating the mistake again ! Patience is a virtue.

^Fixed,... highest paid CEO by far but its share price is like poop or weak sauce.

An uptick in its share price today, so bought some units @rm9.01 luckily, I'd waited (price was hovering above rm10 in the past) ...patience is usually rewarded well.

I've to say it, ...Singapore Boleh la ! Worst case scenario about Hyflux has become a reality and is no longer a pipe dream.

Perhaps, I should make it crystal clear that the price of this share has been on a downward trend that goes way back to May 14, 2018.

Of course, if you don't care about your money or investments being burnt or substantially reduced for this share/stock, then please go ahead and buy, buy & buy now by all means but it's better to err on the side of caution to stay out until an uptick direction appears.