The Company cash position is still good as well as fundamentally still okay. They have been reserving the IPO cash for the purpose of expanding their business.

Indeed a disappointing result. 50m loss + 90m write down inventory to NRV.

The QR result will be released by next week. Hopefully the profit is good :)

As you wish, Lctitan price up today. hahaha

Ehh wait. How many approval they need to legalise the plan? Apparently they got the Cabinet approval and now pending from parliament?

Cabinet has approved to prohibit smoking for those born after 2005. But Vape Regulation not out yet.

@positiontrader - I didn't study Technical Analysis, thus I'm not a Day Trader. How to estimate when the market is recovering / time to enter the market?

I see the market sentiment is quite bad. So right now, still holding some cash wondering which counter to buy. Haiz.

@positiontrader - So you're saying that best to short the market during the "Declining Stage"? But not everyone can short tho.

Naysayers keep coming to spread negativity and irrelevant information. All the while is like that, so just bear with it. (-.-)

Extracted from the link Paragraph 5
https://www.theedgemarkets.com/article/lotte-chemical-3q-profit-plunges-87-qoq-declares-18-sen-special-dividend

"The special payment, which represents about 50% payout from its earnings, translates into an attractive yield in excess of 6% based on its share price of RM2.74, last traded on Oct 27. This special distribution will be independent of its dividend policy and its board of directors upon closing of the financial year will determine the subsequent final dividend payable for the financial year ending Dec 31, 2021 (FY21)."

What you're talking about? Those food are good as long as you consume in moderation. Unlike Cigarettes, it's bad to health even if you're just a social smoker.

@Winklse188 - No idea man. Market is doomed since the Budget 2022.

@zxccvnm - Okay, maybe there's still certain stubborn smoker smoke in the eateries. But definitely much lesser compared to last time. You hardly see cigarette butt on the floor now.

@Winklse188 - Sad to see that the prohibition includes Vaping too. If that's the case, BAT is officially a sunset industry.

Hope can back to Rm3

Previously netizen also denied that Gov cannot control smoker to smoke in eateries. But the fact is everyone comply with the rule which resulted in lesser smoker in MY.

Wow, meaning the Company intend to give Dividend Payout at 88%++ (Assuming Final Dividend at 23cent)

Nope, the 18cent special dividend should be accounted into the Company's minimum 50% payout.

Final Dividend should be around 5 cent

Q4 should be out by next week. Hope the result is not disappointing.

@ Danielgsk - Yea, there's about 3k+ Vape Shop operating in Malaysia. Gov got put effort to curb the illicit cigarettes, perhaps still not good enough to wipe the black market.

Tbh, these newly proposed legislation wouldn't affect BAT's profit now. But it's definitely will be affected after year 2027 where future generation are permanently ban for consuming cigarettes. Believe the market is reacting to this risk now.

@ Danielgsk - Depends on the Barrier of Entry set by the Government. Believe high barrier of entry would benefits BAT, otherwise the take-up rate would be low due to competitive market.

Extracted from the link Paragraph 3
"This new law will not just regulate e-cigarettes and vape products, but also enforce what Khairy described as a “generation end-game” for smoking in the country in the long run."

Look at the bright side. E-cigarettes & Vape is going to be regulated in Malaysia. Got pro and con from the new proposed legislation.

Bad for BAT
https://codeblue.galencentre.org/2022/01/15/khairy-hints-at-smoking-ban-for-next-generation/

I hope ASCM will continue to fight for 0.1% rate and slightly increase in Rm200 capped. I personally think that 0.15% rate with Rm1k capped is ridiculously high too. The linked below was dated 20 Dec 2021.

https://www.theedgemarkets.com/article/stockbroking-firms-talks-regulators-maintain-stamp-duty-rate-reinstatement-cap

I don't understand why you guys is holding grudge in stock market. Stop investing if you're being emotional and cannot handle the stock volatility. In fact, we should have focus on earning profits! Others may have their rights to share their opinions and thought in the forum. Whether we believe anot is up to us. Invest at your own risk!

Government have revised the Stamp Duty capped amount at Rm1k. What do you think? Do this effort sufficient to encourage foreign fund back to KLSE? Refer link provided below.

https://www.theedgemarkets.com/article/mof-confirms-higher-rm1000-cap-stamp-duty-share-purchases-edge-report

How you know Lotte Indon up 93%?

Stop that nonsense

Relaxing with a cup of Coffee :)

Finally up abit haha. At least help to reduce my paperloss lol.

Please stop these kind of nonsense. It's annoying.

You're in whole new level. Insulting your own family omg. Such a shame man.

Guys, please do yourself a favour by seeking for other opportunity stock. Stop spreading negativity and falsify information for your self satisfaction. You may argue that forum is a place for discussion. But in actual, you're just being a keyboard warrior as well as involving in cyber bullying. Hope you could leave for good.

EGM to propose the Letter Of Award (Line Project). Thanks for sharing.

Why EGM?

Grow up kids. This is not a playground. Go get some life.

Well, you need to anticipate the increase in profit margin spread too

Hope that Q3 can achieve Net Profit @ 600m-650m (EPS: 25 Cent)

What's the difference between private placement and right issue?

Please stop the nonsense

@OTB - Can share how you come out with your justification that Steel/Metal Industry is going to be prosper until September 2022?

Revenue mainly from Low Density Polyethylene ("LDPE") and Polypropylene ("PP") both ASP is increasing.

Just wondering why they're making loss in year 2019 & 2020?

Well, the ASP is rising along with the Cost (Naphtha & Brent Oil). Go click the link shared by members as above.

@drken91 - Can share how you come out with that ranging?

@ Aaron_tan - Lmao, your statement is hilarious. You try post those on other group and see how others flame you.

Those NED already sold half of their holdings on 22 Sep 2021 and yet the shares price is still increasing on that day. Their holdings is insignificant so don't let this affect your consideration.

Macam mana boleh pegang kuat-kuat jikalau harga turun secepat kilat?