Posted by Danielgsk > 2020-11-07 08:39 | Report Abuse

This is their duty, they should have done this much earlier. I think they need to do much more and should be measured with KPI.

Posted by Danielgsk > 2020-11-07 08:40 | Report Abuse

Lip service will not help

Posted by JJchan > 2020-11-07 08:48 | Report Abuse

EPF & KWSP has NO extra shares which they can use to " Block " any price Upward momentum.
They can only Buy when Sellers "sell " (cannot block and Buy ) EPF&KWSP are Not the only
big Fish in the market, other institutions also want to Buy. Long term retailers may rush in
for Dividend and Cap Gain( almost 100% sure massive gain in Revenue)

Expect V shape price Chart----RM10 to RM 50 in 2 years time

Posted by JJchan > 2020-11-07 08:57 | Report Abuse

Beware of "Loser Bankers" giving low TP. Most likely their Boss will "diao their backside kaw-
kaw on Monday meeting

Posted by CatchThe Bull > 2020-11-07 09:05 | Report Abuse

Extremely good Budget 2021 which benefit to LEGAL tobacco companies. Bro Najib, are you still in the group, how you think?
https://www.theedgemarkets.com/article/tobacco-firms-welcome-budget-2021-illegal-market-curbs
https://www.chinapress.com.my/?p=2272810

Posted by Above60percent > 2020-11-07 12:22 | Report Abuse

Excellent budget for BAT.

Posted by flyingtomoon2020 > 2020-11-07 12:31 | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2020/11/06/business-winners-and-losers-in-the-2021-budget/

LOSERS

Smokers

Smokers, vapers and tobacco companies like British American Tobacco Malaysia Bhd may be impacted. The government will impose an excise duty of 10% on devices for all types of electronic and non-electronic cigarettes including vape effective Jan 1.

Meanwhile, liquid used in electronic cigarettes will attract an excise duty at a rate of 40 sen per millilitre.

Posted by flyingtomoon2020 > 2020-11-07 12:31 | Report Abuse

Buy buy or bye bye?

Posted by Simon_khoo > 2020-11-07 13:08 | Report Abuse

If illegal cigarettes sales are slashed by 50%, legal cigarettes sales will be quantum leaps!

Huat ar!!!

Posted by SinGor > 2020-11-07 13:38 | Report Abuse

3Q2015 BAT was RM58....Revenve: 1.1Bil....Profit: 256mil....Dividend: 78cents

If Revenue said next Qr. to 1.2Bil (2X 3Qr results---Revenue 627mil) ...Profit 200mil++....Dividend: 70cents....Price ???? ( should around RM50+++ )

Posted by SinGor > 2020-11-07 13:50 | Report Abuse

Usually Custom Dept will start testing SOP for importation of Cigarette next week after Budget Announcement....The coordination takes months prepare so by 1 Jan 2021, it will kick start
without problem. However smuggling syndicate will avoid a direct confrontation so smuggling
activities will plunge in 4Q20....you will see BAT revenue flying up in 4Q20

Posted by SinGor > 2020-11-07 14:03 | Report Abuse

Budget 2021 will pass without much fuss. Nobody want to anger Agong bcos GE15 is just
2--3 months after Budget2021 (Umno cannot wait any longer,,,,,Dont want DPM position too )

Posted by Simon_khoo > 2020-11-07 14:24 | Report Abuse

Vape and refills are equally expensive from 2021...

Posted by TrendLai > 2020-11-07 14:46 | Report Abuse

All talk only, without help from no one can do illegal successfully. ha ha

Posted by TrendLai > 2020-11-07 14:47 | Report Abuse

To prevent illegal, what happens to my extra income

Posted by Simon_khoo > 2020-11-07 15:19 | Report Abuse

Moving fforward 2021, it’s government’s income vs personal extra income.

You own self evaluate which is more important....

Posted by Simon_khoo > 2020-11-07 15:29 | Report Abuse

Tax from genting / magnum / toto / 1+3D will be substantially reduced, government needs new revenue...

Posted by SinGor > 2020-11-07 15:51 | Report Abuse

If Vape and refills are getting expensive, smokers just switch normal Cigarette bcos it is cheaper
in comparsion.....It is All about Nicotine addiction and Price

Posted by Simon_khoo > 2020-11-07 16:02 | Report Abuse

KYO will be the game changer for BAt

Posted by IronShirt > 2020-11-07 17:10 | Report Abuse

what is the limit-up price for BAT??? On Monday

Posted by IronShirt > 2020-11-07 17:11 | Report Abuse

I think it is RM13

Posted by IronShirt > 2020-11-07 18:52 | Report Abuse

Sin tax

..Freeze on new import license for cigarettes
..Tightening of renewal of import licenses for cigarettes
..Restriction of transhipment of cigarettes to selected ports only
..Imposing of tax on the importation of cigarettes with drawback facilities for re-export
..Barring of all transhipment and re-export by small boats
..Imposing tax on cigarette and tobacco products in all duty-free islands
..10% excise duty on e-cigarettes and non-electronic cigarettes, including vape

Posted by flyingtomoon2020 > 2020-11-07 19:04 | Report Abuse

https://m.malaysiakini.com/news/549911

Posted by Nepo > 2020-11-07 20:50 | Report Abuse

诺希山：速拟新法令管控烟草
https://www.chinapress.com.my/?p=2274280

Posted by Simon_khoo > 2020-11-07 21:22 | Report Abuse

https://www.klsescreener.com/v2/news/view/750587/glove-makers-bat-malaysia-contractors-key-winners-in-budget-2021-says-cgs-cimb

Posted by Simon_khoo > 2020-11-07 21:23 | Report Abuse

All the good news keep pouring in for BAT...

Posted by IronShirt > 2020-11-07 21:33 | Report Abuse

CGS-CIMB also pointed out that the legalisation of vaporisers in Malaysia, by way of taxing the products, will benefit British American Tobacco (Malaysia) Bhd (BAT) as this allows the company to expand its revenue base.

"We are excited about the imposition of excise duty on vaporisers in the Budget.

"With this news, BAT would finally be able to enter the burgeoning vape market, whose popularity has grown from virtually zero market share in 2017 to 9% in 4Q19. This, coupled with tighter enforcement, will allow BAT to expand its earnings base," the research house said.


""""Don't Blink your Eyes on BAT (monday)....RM13 on Opening...Limit-Up""""""
By Friday( 13 Nov) RM25

Posted by greedy44444 > 2020-11-07 23:24 | Report Abuse

Williamh pls help push to limit up okay ?

Posted by awesome20 > 2020-11-07 23:36 | Report Abuse

Ppl predicted this get big benefit from 2021 budget

Posted by greedy44444 > 2020-11-08 01:19 | Report Abuse

KUALA LUMPUR (Nov 6): Following the release of the RM322.5 billion Budget 2021, Malaysia’s largest national budget on record, AmInvestment Bank Research's top stock picks are Malayan Banking Bhd (Maybank), Tenaga National Bhd (TNB), Axiata Group Bhd, Dialog Group Bhd, RHB Bank Bhd, Westports Holdings Bhd, Malaysia Airports Holdings Bhd (MAHB), Allianz Malaysia Bhd, MMC Corp Bhd and Kumpulan Powernet Bhd (KPower).

Why never mentioned about BAT ??

Posted by IronShirt > 2020-11-08 07:45 | Report Abuse

so why you are here?

Posted by SinGor > 2020-11-08 08:46 | Report Abuse

https://www.theedgemarkets.com/article/special-report-ministry-caught-between-rock-and-hard-place-over-vaping

Estimate Vape Biz is RM2 bil But with illegal import usually it is 5--6 Bil.....95% users are Bumi-
youth. This budget pump so much cash into Bumi-youth Pocket, Vape demand will Fly

Posted by kokchengkai > 2020-11-08 10:01 | Report Abuse

"We are excited about the imposition of excise duty on vaporisers in the Budget.

"With this news, BAT would finally be able to enter the burgeoning vape market, whose popularity has grown from virtually zero market share in 2017 to 9% in 4Q19. This, coupled with tighter enforcement, will allow BAT to expand its earnings base," the research house said.

As part of efforts to ensure the sustainability of government's revenue, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, during his tabling of the Budget 2021 yesterday, announced that all electronic and non-electronic cigarettes including vaping devices will be subjected to a 10% excise tax effective January next year.

Posted by pang72 > 2020-11-08 12:47 | Report Abuse

Is this meaning vape is legal now?
BAT can sell vape product legally?

Posted by jasonlingwj > 2020-11-08 13:20 | Report Abuse

i'm confused.... Star paper reported saying the biggest loser from Budget 2021 is BAT.... but CIMB research says that BAT will benefit from Budget 2021.... which one is true?

Posted by jasonlingwj > 2020-11-08 13:26 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/06/winners-and-losers-from-budget-2021

Posted by IronShirt > 2020-11-08 13:44 | Report Abuse

Previously Vape is all illegally imported. BAT also bring a small amount But BAT Cannot displace
VAP products on Legal Display Cig.Counter bcos No Taxes are paid ( more like No commercial License ) Now it is all Legal bcos Gov impose a Tax. BAT can now displace and
Sell Openly at All Commercial Counters ( big, big difference---Vol. will jump like crazy )

Previously, i buy Vape at street corner Or fr. Bangla Runners Or some shop that displace Photo only ( if you want they run / rush across a back lane and bring your item ----like illegal DVD transaction

Posted by Simon_khoo > 2020-11-08 13:57 | Report Abuse

1) contraband cigarettes sales slump
2) legal cigarettes will sure go up
3) vape sales on equal footing with import brands

BAT sales will just quantum leaps!

How can it be loser?

Posted by BATFLY > 2020-11-08 14:12 | Report Abuse

Obviously BAT will benefit from the budget.. But to what extend??

Posted by Simon_khoo > 2020-11-08 14:18 | Report Abuse

Government revenues dropped so much and needs to find every opportunity to increase tax, one of the best way is to ‘hapus’ contrabands and legal brands will just grow crazily and translate into higher tax contribution from legal cigarettes players...

Posted by Simon_khoo > 2020-11-08 15:52 | Report Abuse

Looking forward to 40-50c quarterly dividend from BAT next year....

Posted by greedy44444 > 2020-11-08 18:45 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/06/winners-and-losers-from-budget-2021

BAT one of the big loser. Pls don't try to twist the fact.

Posted by Simon_khoo > 2020-11-08 19:14 | Report Abuse

No need to argue, let the opening price tomorrow speaks for itself, greedy 44444

Posted by Simon_khoo > 2020-11-08 19:18 | Report Abuse

Put it this way, if you have invested in BAT, you’d want the share price to go up. If you’re so pessimistic about this budget, I suggest don’t waste your time in this forum....

Posted by Simon_khoo > 2020-11-08 19:38 | Report Abuse

The losers are the smokers, no more cheap cigarettes and Vapes + refills

Posted by kokchengkai > 2020-11-08 21:51 | Report Abuse

CGS-CIMB also pointed out that the legalisation of vaporisers in Malaysia, by way of taxing the products, will benefit British American Tobacco (Malaysia) Bhd (BAT) as this allows the company to expand its revenue base.

"We are excited about the imposition of excise duty on vaporisers in the Budget.

"With this news, BAT would finally be able to enter the burgeoning vape market, whose popularity has grown from virtually zero market share in 2017 to 9% in 4Q19. This, coupled with tighter enforcement, will allow BAT to expand its earnings base," the research house said.

Posted by kokchengkai > 2020-11-08 22:08 | Report Abuse

Anyway BAT oso have Vape products since 2013
Hopefully they open a new line in Malaysia

Posted by Virus t > 2020-11-09 09:01 | Report Abuse

Q4 result for BAT will be impressed as ppl will stock up b4 10% on jan 2020

Posted by Virus t > 2020-11-09 09:05 | Report Abuse

If BAT gained just 20% from illegal tobacco market mean every quarter can get at least 40sen dividend and turn out RM1.60 div per share annually. so nice.

Posted by speakup > 2020-11-09 09:05 | Report Abuse

upgrade to BUY
OVERWEIGHT!