BRITISH AMERICAN TOBACCO (M)

KLSE (MYR): BAT (4162)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

7.41

Today's Change

+0.05 (0.68%)

Day's Change

7.38 - 7.48

Trading Volume

116,400


9 people like this.

12,996 comment(s). Last comment by Income 2 hours ago

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-09 11:51 | Report Abuse

topup 13.66

freeze789

234 posts

Posted by freeze789 > 2020-12-09 12:25 | Report Abuse

the full potential back to rm20-rm30 after yesterday official announcement from Malaysia custom

IronShirt

3,178 posts

Posted by IronShirt > 2020-12-09 14:36 | Report Abuse

So confirmed 10% import for Vape (budget Or NO budget passed). Very, very Good news for BAT

JJchan

7,182 posts

Posted by JJchan > 2020-12-09 14:51 | Report Abuse

As i said before, 4Qr results will see significant improvement in BAT revenue bcos just after
Finance Minister announced sweeping changes in attacking illegal Cigs, my Port documentation
Boys had told me they see many New faces in Custom Dept.
Although Custom Dept didnT announced openly as Police Dept that many of their Officers are
facing relocation due suspicion of assisting smugglers, they are shifting "Old Hand" to other places

williamh

921 posts

Posted by williamh > 2020-12-09 15:21 | Report Abuse

Our country is the champion of curruption in the world,we had mil liong of illegal immigrant, near to 70% of illegal cigarette in the market,what do you think of the custom n immigration department performed,of course a small kid can till you why.and almost of it were malay,bringing down the country for their greedy

freeze789

234 posts

Posted by freeze789 > 2020-12-09 15:23 | Report Abuse

no time for you to wait. once break rm15 you will never get this price in next few year

williamh

921 posts

Posted by williamh > 2020-12-09 15:24 | Report Abuse

Removing these factors the country will be no 1 at least in Asia Economica and natural resourceful

troy88

3,026 posts

Posted by troy88 > 2020-12-09 15:30 | Report Abuse

Heading back to above 15. This time will not look back.

freeze789

234 posts

Posted by freeze789 > 2020-12-09 15:30 | Report Abuse

http://www.customs.gov.my/en/hl/pages/sann.aspx

all about Vape registration

Posted by Fundamental123 > 2020-12-09 15:32 | Report Abuse

Look at Top glove’s bet profit of about RM2.4 billion released today afternoon looks like crazy earning that will create better investment sentiment in Bursa.

freeze789

234 posts

Posted by freeze789 > 2020-12-09 15:33 | Report Abuse

illegal cigarettes is important but will budget enforcement rule at least will do something, The new vape market is the key turning point for BAT.

troy88

3,026 posts

Posted by troy88 > 2020-12-09 15:35 | Report Abuse

Yes, vape market will be a game changer for BAT. Big funds know the potential that's why they have been accumulating. You think they simply buy just to goreng a cigarette stock for nothing?

CharlesT

14,953 posts

Posted by CharlesT > 2020-12-09 15:36 | Report Abuse

The party is still early lah

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-09 15:37 | Report Abuse

Shooting back up again, but I'm calm because it's a long way 2 go 2 my ultimate target =)

Gusen

1,871 posts

Posted by Gusen > 2020-12-09 15:41 | Report Abuse

normally turn green from red which good sign, how deep the red this morning, how much the green later, TP 14.5

troy88

3,026 posts

Posted by troy88 > 2020-12-09 15:44 | Report Abuse

Weak short term holders who bought during the recent rally mostly took their profit already. Too bad they don't see the big picture in the coming future. Loyal BAT holders stay and will reap the rewards later.

Posted by alextan5680 > 2020-12-09 15:44 | Report Abuse

Ib already increase tp to 16.20
still waiting entry below 13?
Wait and wait maybe u have to pay more

Posted by SpartanXoXo > 2020-12-09 15:45 | Report Abuse

Good good counter and this is almost like my retirement fund ha ha

MOBAjobg

329 posts

Posted by MOBAjobg > 2020-12-09 15:46 | Report Abuse

I was trying to accumulate more of this company's shares and all of a sudden its price took off.

CharlesT

14,953 posts

Posted by CharlesT > 2020-12-09 15:49 | Report Abuse

CIMB TP Rm17.48
Affin Hwang TP RM16.20

Al revised their TP 996 fm earlier RM9+ or RM10+

Gusen

1,871 posts

Posted by Gusen > 2020-12-09 15:56 | Report Abuse

lol, topglove earn so much only give penny 16.5 sen dividend, laugh die me

freeze789

234 posts

Posted by freeze789 > 2020-12-09 15:59 | Report Abuse

Already in our early prediction. More fund will up this counter target price soon.

Ntpboon

664 posts

Posted by Ntpboon > 2020-12-09 16:02 | Report Abuse

--------------------------
----------------------------

烟从年轻抽到老,

税收国家征到饱。

我买烟钱哪里讨?

只能股息里边找!

------------------------------

williamh

921 posts

Posted by williamh > 2020-12-09 16:19 | Report Abuse

人老心不老,年輕抽到老,只想和你跑,与你一起老

BATFLY

722 posts

Posted by BATFLY > 2020-12-09 16:19 | Report Abuse

90% dividend policy with div yield of 9% beat EPF, ASB return.. FD only 2%..next qtr result will prove the effectiveness of enforcement..

Posted by 360Capitalist > 2020-12-09 16:20 | Report Abuse

KUALA LUMPUR (Dec 9): Affin Hwang Capital has upgraded British American Tobacco (Malaysia) Bhd (BAT) to a buy from a sell, and revised up its target price by 76% to RM16.20 from RM9.20, as it believes BAT's earnings could have likely bottomed out this year. The new target price of RM16.20 implies a potential 16% upside to BAT's current stock price of RM13.96.

The research house's analyst Chow Wei Nien said in a note today that BAT's value-for-money (VFM) offerings have by and large seen a good traction, and are poised to provide a steady earnings base for the group moving forward.

According to Chow, the previous two quarters saw BAT's domestic volume increase 15%/14% quarter-on-quarter (q-o-q) for the second quarter of financial year 2020 (2QFY20)/3QFY20, outpacing the industry's growth of +10%/+7% q-o-q, and this led to a market share gain of 2.1 percentage points to 52.5% over the period.

"Much of the volume improvement could be attributed to VFM offerings, Kyo and Rothmans, which garnered strong traction on the back of increased down-trading towards more economical variants.

"Notwithstanding the lower-margin nature of VFM offerings, we expect the growing volume sales to offset the lower profitability, and support sequential earnings improvement," he said.

He also noted pronounced measures laid out in Budget 2021 are likely to remain supportive of BAT near-term sentiment.

According to Chow, limiting the transhipment of cigarettes to dedicated ports and the initial imposition of import taxes are seen as keys to eliminate a major loophole in the tobacco black market.

"It is believed that 30% to 40% of illegal volumes are brought in via transhipments. Hence, if successfully executed, a blue-sky scenario would imply an elimination of almost about 4.5 billion illegal cigarette sticks per year."

"For every 1% reduction in illicit volumes, we estimate an increase in the 2021 net profit of around 3%," he said.

He also revised higher BAT earnings forecasts for 2021 to 2022 by 9% to 18% to RM271.4 million to RM282.4 million, to input higher VFM volume sales.

"Since the announcement of Budget 2021, BAT's share price has appreciated by about 37%, largely as investors have turned more upbeat on prospects of better control of the illegal tobacco market," he said, adding that he foresees further upside for BAT from the current juncture.

BAT's stock is down four sen or 0.3% today to RM13.96.

Joyce Goh

williamh

921 posts

Posted by williamh > 2020-12-09 16:28 | Report Abuse

有緣一起跑,从此不再老,人說抽煙不會老,今天家里增一宝

williamh

921 posts

Posted by williamh > 2020-12-09 16:31 | Report Abuse

EPF moving away from TG into bat..more to come

Donator

1,139 posts

Posted by Donator > 2020-12-09 16:44 | Report Abuse

那么有雅兴吟诗作对

wkc5657

289 posts

Posted by wkc5657 > 2020-12-09 16:55 | Report Abuse

if by year end can rm16, i very happy already....slow slow steady rise better than sudden spike...don't want to much speculative gyrations like yesterday...

freeze789

234 posts

Posted by freeze789 > 2020-12-09 17:11 | Report Abuse

As I said before after cross rm15. you no longer can get back the previous price.

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-09 17:12 | Report Abuse

tq tq managed to topup 13.66

Posted by kokchengkai > 2020-12-09 17:26 | Report Abuse

williamh EPF fund can buy BAT ??i tot government funds cannot touch tis kind sin company

SinGor

4,926 posts

Posted by SinGor > 2020-12-09 17:30 | Report Abuse

I tell you straight, most IB was collecting a month ago that is reason None give any Tp when
we were shouting 50, 50.----Such similarities exist when local Sifu was shouting TopGloves Tp 30,
no Bankers said anything

Gusen

1,871 posts

Posted by Gusen > 2020-12-09 17:39 | Report Abuse

This is the way

freeze789

234 posts

Posted by freeze789 > 2020-12-09 17:49 | Report Abuse

haha..2 different scenario bro.. Topglove already appreciate at least x6 of the price which had predictable. and BAT drop from rm70 to rm9 de-appreciate at least x10. now up not even x1 of the price.

Posted by Snowpiercer > 2020-12-09 18:07 | Report Abuse

love the volatility

SinGor

4,926 posts

Posted by SinGor > 2020-12-09 18:19 | Report Abuse

Current Banker Tp doesn't include 4Qr result which Jjchan said will have significant upside

freeze789

234 posts

Posted by freeze789 > 2020-12-09 18:25 | Report Abuse

Agree with you JJChan and SinGor. I can feel in this few months Malaysia Gov orgni re-shaffer on going.

Vulture123

405 posts

Posted by Vulture123 > 2020-12-09 18:59 | Report Abuse

15,16,17,18,19 BINGO :-)

williamh

921 posts

Posted by williamh > 2020-12-09 19:57 | Report Abuse

Yes ,epf is desperated to cover the short come from GLC ,they own before and they are revisited for the wrong move into tg

williamh

921 posts

Posted by williamh > 2020-12-09 20:03 | Report Abuse

Today and yesterday movement basically Building up stronger foundation after spining off some detail players ,its warming up on the high way now,last calling ,its definitely still not too late.25 is next stop.

Ntpboon

664 posts

Posted by Ntpboon > 2020-12-09 22:12 | Report Abuse

--------------------
-----------------------

饭后一根烟,

快活似神仙。

买股要占先,

穷追被带偏。

-----------------------

williamh

921 posts

Posted by williamh > 2020-12-09 23:30 | Report Abuse

不吃人間煙,求教活神仙,偏偏你占先,唯有站後边,來人把他煙,煙成英美煙。

UncleFollower

1,766 posts

Posted by UncleFollower > 2020-12-10 01:39 | Report Abuse

Poets!!! Look at the quality of BAT shareholders. Unparelled.

rojakmee

1,210 posts

Posted by rojakmee > 2020-12-10 04:34 | Report Abuse

Government needs money to trim ballooning debts , no choice other than to cut illicit cigarette, TP 30 withing 1 year

Posted by 360Capitalist > 2020-12-10 08:59 | Report Abuse

https://www.reuters.com/article/brit-am-tobacco-outlook/british-american-tobacco-sees-2020-revenue-at-upper-end-of-forecast-idINL4N2IP1N8

Dec 9 (Reuters) - British American Tobacco raised its forecast for 2020 revenue on Wednesday as the hit to cigarette demand from the COVID-19 pandemic was smaller than feared.

The world’s second-biggest cigarette maker, with brands like Dunhill and Lucky Strike, said it expects adjusted revenue growth on a constant currency basis to be at the upper end of its previous forecast of 1% to 3% in 2020. (Reporting by Martinne Geller in London and Yadarisa Shabong in Bengaluru; Editing by Ramakrishnan M.)

Post a Comment
Market Buzz