I donT think there is a Big Shorty here. However a Huge Collector is more likely. Press Down in the morning to Collect And offer 20cents premium at closing to Buy ( i mean really Buy type)
i wish to inform all investors cigarette industry is a sunset industry, the market total volume has dropped more than 2/3 as compared 10yrs ago.BAT is of no exception,10 yrs ago BAT market share was 63% ,now is only about 53%,as it is the market leader ,it still can afford to pay good dividend as compare to Bank interest ,for ur information, there is a multinational cigarette going for retrenchment& demarketing exercise end of next month it is doing away with half of it's sales executives [70 +] ,merging it's distributors into only 2 in the country,& cutting down the van salesman of the distributors in large numbers to safe cost ,i hope all investors will not over commit yourselves in this counter, can hold for short term, no prospect at all in long term as fast consumer product once it drops, there's no looking back ,wish u all good luck
Ngaploh has a point. After a while, say two years, the world is a better place those officials can start screwing the system again. Those who bought under 12 are in a good place but still have to be on their toes.
well I have to be positive! Although I talked to a friend Sabah yesterday, his driver smokes a philippine cig called ERA. It is still being smuggled in as it still only costs Rm4 for 20 sticks.
The higher health risk of smoking contraband cigarettes are well documented. Why take the extra risk? If you want to smoke, don't be penny wise pound foolish, cheers.
Posted by kelvin61 > Feb 4, 2021 11:45 AM | Report Abuse
The higher health risk of smoking contraband cigarettes are well documented. Why take the extra risk? If you want to smoke, don't be penny wise pound foolish, cheers.
17/2/21 written in BAT calender. So many frighten sellers after someone dump and dump then sapu everythings (3 weeks now)....Very Big Operator....Afraid to pull down below 13.0 bcos I have 2 lorries of cash waiting
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Simon_khoo
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Posted by Simon_khoo > 2021-01-29 11:28 | Report Abuse
Does it look like collection mode?