For the full year of 2019, BAT Malaysia’s net profit fell 26.96% year-on-year to RM343.81mil, while revenue declined 11.14% to RM2.51bil. This marks the group’s fourth consecutive year of decline in performance.
In view of the bleak future of Malaysia’s economy and politics, I have decided to dispose all of my holdings and keep cash at this moments. Today sharp drop of stock market has reflected investors has no faith on the ability of new government to govern this country. Sad to say that.
at this time most of the local investors will want to exit , think again who are buying now ?? i believe the funds are collecting , so if you can hold should be good investment , dont worry n dont let fear control you
Inconsistencies in enforcement not only cost the government billions of ringgit in tax revenue but also crippled the goals of the national health agenda.
shares become cheap, dividend becomes smaller..hopefully authorities curb the sale of illicit cigarettes, make BAT get more profit from sales, and us investors get more dividend huhu
Need to factor in the increasing presence and preference for e-cigg, especially among younger generations. And do consider our govt has been doubling down on cigarettes tax and rules for the past few years, which undoubtedly have adverse impact on BAT stock
Stay Invested :-) At 11 plus & 12 plus entry prices, dividend yield is double digit in this environment of low interest rate and we are not even factoring in the potential Capital Gain. I rest my Case.
Impact already seen in the stk price... as far as results no deterioration... it will be fine! Any chance that the other side will relax on smoking ban?
If GST replace SST, then BAT profit will increase by 6 %. Assume profit = 400 million X 6% = 24 million / 300 million shares, dividend increase by approx RM 0.10
@Nepo ...If GST replace SST, then BAT save money as current they pay 10% SST on importing ciggs. GST also can claim input tax. Depends on what percentage is GST rate.
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....
slts
2,193 posts
Posted by slts > 2020-03-02 15:12 | Report Abuse
just buy n keep. too cheap aldy
if can hold. eventually u will earn big
in the mean time, just collect fat dividends every qtr