lamyenzoro1

lamyenzoro1 | Joined since 2020-02-22

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2020-02-26 19:40 | Report Abuse

Impressive!! Almost RM15!! Short term buy fast and sell fast guys. Illicit cigarettes are still there to haunt them in long term

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2020-02-22 12:57 | Report Abuse

Illicit cigs played a very major role for BAT current standing. In my opinion, BAT could rise much more if illicit cigs aren't so severe in Malaysia right now.

Based on facts, 6 out of 10 cigarettes consumed in Malaysia is illicit as proven from the news as well. Based on facts:

- The research house has a hold call on BAT, and slashed its price target on the share from RM19.20 to RM11.50 previously

- Illicit market doubled since the surge in excise duty in 2015 (33.5% in 2015 vs. 63% in 2019

The government NEEDS to strongly enforce to combat the illicit market.