KUALA LUMPUR (Feb 13): British American Tobacco (M) Bhd (BAT) will be removed from the MSCI Global Standard Index while Carlsberg Brewery Malaysia Bhd will be added to the equity gauge following the February 2020 quarterly index review for the MSCI Equity Indexes.
MSCI Inc said in a statement on Wednesday (Feb 12) that all changes will be implemented as of the close of Feb 28.
Following BAT's removal from the MSCI Global Standard Index, MSCI said BAT will be added to the MSCI Global Small Cap Index.
MSCI said Carlsberg and Kerjaya Prospek Group Bhd will be removed from the MSCI Global Small Cap Index.
So, the sell down was due to MSCI last day due on 28/2/2020. MSCI sold all BAT and switch to Carlsberg? If they did this, i think they made the biggest mistake in their entire investing life.
Bat sure can 20 why?? Today I went out everyone smoking inside the restaurant. So sales must be double on this qrt. Devidend may be can go back to 66cents.
Government not elected by people mandate, foreign funds surely run big time , Coronavirus another, bad time to be in the market .me not buying for the next few months retire from market.
Limit down? How about let me side bet with u alex5398. If tomorrow down another 10% I quit here if not pls go away bc u r not a real investor. Just come here to 9394.
With the correction mode of the Dow Jones n European market , Bat n other consumer counters may face more selling pressure ... n even the politic is stable for a while , later on maybe something still going on ..
so is the dividend okay or not now? looks to me that its still low due to the current political situation and the continued sale of illicit cigarettes..
BAT shares go up little by little. but dividend actually quite small. is the govt still enforcing the law against illicit cigarette sales? what about all those sale of unregistered vapes?
downside risks are always there, but at current price chances to go up is higher, the dividend yield too hard too resist for investors especially in current uncertainty
This wave is going to achieve another time new high 16 but make sure u enough money to pick up. Don't be like other only know chasing high drop a bit call run. How to win big??
eventhough BAT is on the UP trend, they are still losing quite a bit of dividend profit because of the illicit ciggie sales and high tax by the govt..once the enforcement cracks down on the illegal sellers, then we might see an improvement in the dividend..
the dividend seems smaller compared to last year..is it because of lack of enforcement by govt to punish all illegal cigarette sales that contribute up to 67% of tobacco economy..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CatchThe Bull
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Posted by CatchThe Bull > 2020-02-29 10:49 | Report Abuse
KUALA LUMPUR (Feb 13): British American Tobacco (M) Bhd (BAT) will be removed from the MSCI Global Standard Index while Carlsberg Brewery Malaysia Bhd will be added to the equity gauge following the February 2020 quarterly index review for the MSCI Equity Indexes.
MSCI Inc said in a statement on Wednesday (Feb 12) that all changes will be implemented as of the close of Feb 28.
Following BAT's removal from the MSCI Global Standard Index, MSCI said BAT will be added to the MSCI Global Small Cap Index.
MSCI said Carlsberg and Kerjaya Prospek Group Bhd will be removed from the MSCI Global Small Cap Index.
So, the sell down was due to MSCI last day due on 28/2/2020. MSCI sold all BAT and switch to Carlsberg? If they did this, i think they made the biggest mistake in their entire investing life.