Friday close saw the first time Big Fish started buying. They don't want to waste time so at the end of the Day, they gave extra 10cents at closing to collect 100K
i have increased my BAT holding by another 30% after Bursa 3Q results. Not only 4Q20 is looking pathetic, 1Q21 and 2Q21 will be lethargic too. Vaccine will Not save 1Q21, 2Q21, maybe jump start Bursa in 3Q21
BAT makes progress on COVID-19 vaccine & provides community support
Our potential COVID-19 vaccine has been shown to produce a positive immune response and is poised to move to the next phase of testing.
Kentucky BioProcessing Our efforts to address the impact of COVID-19 We are committed to creating A Better Tomorrow for all our stakeholders. We are continuing to evolve and build on the many initiatives we have in place to address the global impact of COVID-19.
Additionally, we are ensuring the well-being of our staff around the world and making sure our business continues to operate effectively in these challenging times, whilst providing many forms of direct support.
Vaccine development In April, BAT announced that its biotech subsidiary, Kentucky BioProcessing (KBP), was developing a potential vaccine for COVID-19.
Since then, we have been completing pre-clinical testing and are pleased to report the potential vaccine has been shown to produce a positive immune response. As such, the vaccine candidate is now poised to progress to the next stage which will be Phase 1 human clinical trials pending FDA authorisation.
We have committed funds to conduct these clinical trials, which could start as early as late June, pending the responses from relevant health bodies. We have also invested in additional equipment to boost our manufacturing capabilities should they be needed.
We have submitted our Pre-Investigative New Drug package to the U.S. FDA who have acknowledged its submission whilst our correspondence with other government agencies around the world continues. We are hopeful to receive further feedback in the coming weeks.
Other forms of direct support In addition, as our Chief Executive, Jack Bowles recently highlighted, we are contributing in several other ways including:
Loaning the UK government equipment from our R&D laboratory for use in COVID-19 testing centres Utilising our 3D printers to make components that will be used in protective face shields Donating funds to one of our suppliers to secure the manufacture of 25,000 more protective face shields In several international markets, such as Brazil and Kenya, we’re using our distribution networks to ensure that medical and hygiene equipment reaches vulnerable communities In Bangladesh, our factory is making a first batch of 60,000 bottles of hand sanitiser In the U.S. specifically; The Reynolds Foundation donated to the COVID-19 Response Fund for Forsyth County, N.C. Our U.S. subsidiary partnered with North Carolina Gov. Cooper and the N.C. Department of Emergency Management donating N95 masks Whilst also donating provisions to the King Outreach Ministry, a local crisis-intervention organisation These global efforts are complemented by donations to emergency and disaster funds, supporting governments as they fight the pandemic on a national scale.
Evolving support As the COVID-19 situation evolves, the type of support required globally, and in the communities where we operate, will undoubtedly change. BAT’s support around the world will flex and evolve, responding to the ever-changing needs that this crisis creates.
Good opportunity to buy now as price is very low & dividend is high - around 8%. Profit is expected to shoot up with Government control on illicit cigarette (around 65%) and approval to sell Vape cigarette. Government is too poor now and need to control illicit cigarette in order to tax to sustain the economy.
Yeah, another dollar up from now is reasonable and likely, considering it's hit an inflection point as it may claw back some market share from the illicit cigarette market with cooperation extended by relevant government agencies.
It is easy for Dr Zarihah Mohd Zain( Pas member) to say, just raise Taxes and investigate Corrupt enforcement officers. The benefactor of illicit Cigs are 100% politicians and how is politician going to pay Election campaign Cost.
Illicit Cigs not only of security issues it also caused many enforcers to tumble and almost all are malay,any corruption will cause hardship for the rakya for the price of goods gone up many can’t reached,it’s complicated to the extent that will bring the country and the malay to fall,to save these only the Malay can saved but the temptation out there is just too big..PAS is talking big,ultimately pas will bring down the country and the malay and the rest
There is a institution re-balancing porfolio---Yesterday saw the largest sell down on Public Bank and other Banking shares( 30Nov)---Last 2 days BAT shares keep jumping after Closing(4:50). Today a continuous push starting in morning----Big Fish afraid to attract ikan Bilis piranha(go slow) but buying non-stop
yes..what ceo said in AGM they really re open a bigger factory in Malaysia...then price wil go back to 40 -60 level or mayb higher . BAT din ask government to give any incentive but jst have to working more hard to knock down black market activities ,be responsible to country in TAX collecting jobs ... RM wil not stay in malaysia if black market saiz bcum more bigger
It'll be cleared, just a matter of time. BAT is primarily an institutional play. It's just that institutional investors were burnt and suffered immensely holding on this stock in the past 5 years. Nevertheless, things are making a turn for good and in a low yield environment dividend yield paid by BAT is simply irresistible! As it's ultra difficult to collect BAT in bulk, it'll wise for them to clear the block at $12 to have meaningful exposure in this stock. It's still not late to participate in the much upside ahead!
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....
williamh
922 posts
Posted by williamh > 2020-11-28 14:41 | Report Abuse
GST reintroduce in very short time and bat will benefit from saving a lot