2021, Gov's Coffer is completely Dried. Looking at Gov so drastic measures to curb illegal Cigs, vested interest players will step back, to avoid confrontation with Tax collectors. They have to hide to give some face to Gov. or else things can get very messy
Technically there are only 80mil free float available for public holding (mother took 50% + 30 majority took 20% nosh ) TopGlove cannot reached 20 bcos it has 8 billion
Tomorrow retailers holding glove counters might panic sell and dive into BAT and other such counters. Dont be surprised if tomorrow up another 70 cents lol
Read RHB analysis on BAT. Obviously He has NO experiences on what is going on outside his office Bldg. After the Singapore fiasco, when their Lady top analyst left, RHB analysis are done by mostly Mara Graduate. Before and In a Covid pandemic, Gov spending is greatly handicapped by Civil Servant paycheck (85billion ). 2021 Gov. borrow to pay Civil Servant salary, what about 2022? So 2021 is where Tax Revenue must increased by 200%. They have to cover every leaking Holes. I can see PM asking Tax / Custom Dept everyday about Tax Revenue update( this will put enormous pressure on Tax Officers )---I have never see such a comprehensive shutdown on illegal Cigs even during Asia financial Crisis-----It shows Gov's Coffer doesn't has a Cent Left
pricing & illicit cigarettes are the 2 main factors contribute to the down fall of the industries, it will capture back some market share but won't be a double digit growth ,sales will grow within the CMCO period as most of the illicit cigarettes can't be delivered to the selling points because of road block ,this is one of the reasons why 2nd Q was good ,if u meet the cigarette salesman in the coffee shop, just ask them sales during cmco as compare to normal days? they will give u the same answer as i did.
as far as i know 40 yrs ago ,BAT holding company was Chelwood of UK ,holding more than 50% of the market share ,i don't think they will take the company private as the company is not as bright as before & the future is bleak, volume has contracted by 60-70 %, in the case of Japan Tobacco International [formally RJR] Japanese bought over as they needed it to expand their own brand Mild Seven now renamed Melvis ,if still owned by the Americans ,will they put millions in to promote the brand not own by them ,anyway good luck to those having BAT,but i still suggest don't hold long term.
BAT is a wonderful company selling for a song at current prices. The business is on a recovery due to a confluence of factors. More recovery in earnings is anticipated in the coming quarters. Once EPS rises and match by increasing dividends, many pessimists will regret not buying. When the share price has shot through the roof, then they will moan and groan. FF love this stock and when the buying starts it won't be cheap to collect anymore. Remember, always buy companies which are well managed to protect your capital,cheers.
I check almost 23 stores selling LEGAL cigs to find out whether any of them are carrying VAPE. NONE dare to Sell. Come 1 Jan 2021, BAT Vape Revenue Explosion will ignite
Big fish are shaking the "Tree" to scare contra players ( to sell off.) Surely after tomolo they will keep pushing up. There is No reason why BAT's revenue will Not increase by 50% next year. VAPE zero legal Sale 2020 ( illegal market size almost 50% normal Cigs ) Fast growing New Hype "" Heat Not Burn" like Vape is Legal in 2021 ( also Zero Sale 2020 )
If just drop a bit already scared, might as well don’t buy or play the share market. In fact, based on the high volume on Mon, today’s profit taking was well-absorbed. Btw, those who bought today will receive 21 sen dividend.. just in case you don’t know.
that is no way or any reason for this stock still at bottom level. -Revenue increase for following Q - electronic vape legal to sell by BAT -2021 budget to enforce policy to world no1 illegal black market (5.2 billion) -anti black market campaign and cut cost program launch last 2 quarter with good response. -almost 94-96% dividend payout for every quarter
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....
SinGor
4,926 posts
Posted by SinGor > 2020-11-09 22:03 | Report Abuse
2021, Gov's Coffer is completely Dried. Looking at Gov so drastic measures to curb illegal Cigs,
vested interest players will step back, to avoid confrontation with Tax collectors. They have to
hide to give some face to Gov. or else things can get very messy