Posted by freeze789 > 2021-02-08 10:39 | Report Abuse

Countdown for 6days

Posted by Donator > 2021-02-08 11:32 | Report Abuse

countdown for what ?

Posted by Edison Chen > 2021-02-08 13:21 | Report Abuse

Countdown for bonus issue

Posted by wkc5657 > 2021-02-08 14:54 | Report Abuse

siao la.....BAT is not splitting and will not do so in the foreseeable future....

When price was above 50 also didn't split, why want to split now? No need to create liquidity for this counter....

Posted by williamh > 2021-02-08 21:55 | Report Abuse

A shareholder priority company seldom split the share,many company in Malaysia always took the advantafe to do so, after the x date there were diluted like water and tthere were no cost at all for the boss,I.e is tg

Posted by Edison Chen > 2021-02-08 22:34 | Report Abuse

Hahaha,relax , I say syok only....hahaha

Posted by freeze789 > 2021-02-09 10:11 | Report Abuse

Countdown for 5days

Posted by JJchan > 2021-02-09 14:33 | Report Abuse

call warrant banker defending

Posted by JJchan > 2021-02-09 14:34 | Report Abuse

my call 4Q20 revenue up 30%.----1Q21 revenue will blow Call warrant Banker to Holland

Posted by williamh > 2021-02-09 15:54 | Report Abuse

I noted mpi is into the short picture,any stock which has Home up so much is subject to under short list

Posted by JJchan > 2021-02-09 16:06 | Report Abuse

MPI has about 210--250m shares---same as BAT....RM37 for MPI.....RM50 for BAT( not a over
statement. After all Bat was 70 before while MPI is now peak at 37 since listing )

Posted by troy88 > 2021-02-10 06:32 | Report Abuse

BAT's good days will come but patience is needed. When it eventually hits RM20 it will not look back. In the meantime, it is giving you dividend yield far greater than the pathetic FD that you get from banks.

Posted by sunbird > 2021-02-10 07:59 | Report Abuse

I agree with JJchan that the banker is defending its call warrant. After march it should really move up and when the May results are published and shown to be positive it may well be on a very positive trajectory.

Posted by JJchan > 2021-02-10 08:57 | Report Abuse

If you look price before opening, parking price is 10.22. If nobody buys, price will stay at 10.22. Reason is that there is hardly Any sellers. But after Opening, Banker will come in to Sell down
to 13.00 with only very little shares-----Anyway Bat need foreign Funds And most important
Quarter Results with Huge Dividend!!!!!

Posted by somo1 > 2021-02-10 09:35 | Report Abuse

A tall order to fill. The later may materialize but the former maybe hard to come by.

Posted by JJchan > 2021-02-10 09:42 | Report Abuse

somo1 A tall order to fill. The later may materialize but the former maybe hard to come by.
10/02/2021 9:35 AM

I marked down this comment as a reference.

Posted by freeze789 > 2021-02-10 11:59 | Report Abuse

Countdown for 4days

Posted by wkc5657 > 2021-02-10 14:11 | Report Abuse

JJchan, how you derive the 30%?

i don't think will top 750m revenue.

Posted by sunbird > 2021-02-10 14:43 | Report Abuse

I would be happy for 700m. Anything more is a bonus. The first Quarter is the deal maker in terms of the share price.

Posted by Simon_khoo > 2021-02-10 15:22 | Report Abuse

PBT & PAT will go up for sure due to the weakening of USD...

Posted by JJchan > 2021-02-10 16:06 | Report Abuse

KYO demand jumps more than 15% in 4Q And illegal Cigs drops by 20% ( Indo Covid blocks
many shipments ---- I heard this from Shipping agents )---Guess Estimate BAT Sales should
increase in proportional Numbers

Posted by sunbird > 2021-02-10 16:10 | Report Abuse

What I would love to hear is their roll out plans for the liquid market.

Posted by freeze789 > 2021-02-10 17:24 | Report Abuse

10 Feb BAT 4 2020-12-31 660,229 ↓ 0.3% 72,720 ↓ 25.6% 25.50 27.000 Vie

Posted by FSL 冯时龍 > 2021-02-10 17:27 | Report Abuse

the higher the country is being educated, the lesser the amount of the smoker, believe it or not, can see from the revenue over the years.

sunset company but luckily still have high dividend.

Posted by sunbird > 2021-02-10 17:42 | Report Abuse

@FSL, you should go to Japan!

Posted by batman666 > 2021-02-10 17:50 | Report Abuse

Tmr limit up.

Posted by somo1 > 2021-02-10 17:56 | Report Abuse

Not just Japan, all Northeast Asian countries as a matter of fact. Despite having a big portion of pupulation being smokers, people there on average still live long and healthy.

Posted by sunbird > 2021-02-10 18:04 | Report Abuse

I will still wait for the May report and try and figure out what is the way forward. It will be interesting what the brokers say. Actually it was my broker who suggested BAT before the last report . Have to give her a thumbs up.

Posted by SinGor > 2021-02-10 18:12 | Report Abuse

JJ your estimate qoq missed by 50%. However Bat is almost back to pre-Covid revenue...
Dividend is the highest amount bursa stocks....maybe none can match Bat....SuperMax gave
3.8cents and all the analyst give "Thumb Up" ....I said most Bank analyst are screw head

Posted by gemfinder > 2021-02-10 18:12 | Report Abuse

Qoq stil increase. Performance stil in good shape

Posted by SinGor > 2021-02-10 18:18 | Report Abuse

If you look at Management said, illegal Cig still very High for 4Q20....but Mof kill illegal Cig was
Not implemented. So the real surprise is yet to Come 1Q21....50cents dividend for 1Q21...haha

Posted by IronShirt > 2021-02-10 18:26 | Report Abuse

I received Dividend for whole year 2020 as 17, 18, 21 And 27 cents. Bought at 9.80.
Dividend 8.45%.....I really regret Not buying more....Pls shorty attack, i need to load up before
Bat RM20

Posted by momo0698 > 2021-02-10 18:31 | Report Abuse

earning per share 84.7 ... dividend payout 83...
98 % ... that is crazy .

Posted by IronShirt > 2021-02-10 18:38 | Report Abuse

Mother BAT is British. This is how they can take profit "without Tax" ----Home.

Posted by IronShirt > 2021-02-10 18:40 | Report Abuse

Also to loser.....this is also called Milking the Cow, Or Cash Cow

Posted by observatory > 2021-02-10 18:43 | Report Abuse

There was a 40% run-up in share price in Nov last year after the government announced new measures to curb illicit tobacco. Some people were so carried away as to predict RM20 before the end of 2020.

I wasn’t very popular then when I commented on Dec 5 that “a share price recovery is only sustainable if EPS keeps on increasing in the coming quarters”. The closing price at that time was RM13.38. BAT briefly touched RM15.32 on Dec 7 before retreating back to RM13 level. As a result, the excitement in the forum died out and everyone quietly waited for another 2 months.

2020Q4 results show the decline has been reversed. But is it sustainable?

On QoQ basis,
Revenue at RM660m (RM628m in Q3) increased 5%
Gross margin at 26.5% (25.4% in Q3) up by about 1%
Operating margin 15.8% (14.0% in Q3) up by about 2 %
Profit before tax at RM104m (RM84m in Q3) increased 25%

Margin improvement has allayed concern about margin compression due to emphasis on low margin VFM products. The combined increase in revenue and better margin leads to 14% increase in net profit QoQ.

Despite the good results, BAT still has a long road ahead if we study the past 17 quarters of EPS as shown below.

12/31/2020 25.5
9/30/2020 22.3
6/30/2020 19.1
3/31/2020 17.8
12/31/2019 34.2
9/30/2019 29.1
6/30/2019 26.7
3/31/2019 31.0
12/31/2018 40.8
9/30/2018 51.1
6/30/2018 38.6
3/31/2018 33.7
12/31/2017 28.4
9/30/2017 51.0
6/30/2017 51.6
3/31/2017 41.6
12/31/2016 101.3

Recall in 2018 share price increased from RM23 to RM38. The share price increase in 2018 was backed up by three consecutive quarterly EPS increase from 28.4 cent to 51.1 cent before EPS faltered again. To go above RM20, RM30 or higher, BAT needs to deliver consecutive quarters of EPS leaps. Today result is not convincing enough.

The pledge for tougher enforcement has already been factored into the current share price. But also check out Note B7 which says “The tobacco black market continued to record a high illegal cigarette incidence at 64%”. Apparently, actions are still lacking.

As for investors attracted by the apparently high dividend yield of 9%, please watch out this is based on historical dividends only. Can the dividends sustain?

Refer BAT cash flow statement. For 2020 net cash flow from operation is RM196m, but the total dividend paid is RM254m. The dividend paid by BAT has been partly supported by borrowing. Borrowing has increased from RM421m in end 2019 to RM510m in end 2020. Without better results in coming quarters, dividends will be trimmed.

Posted by IronShirt > 2021-02-10 18:52 | Report Abuse

Observatory....Banker Call Warrant ceo??? Enforcement starts 1 Jan 2021

Posted by SinGor > 2021-02-10 18:56 | Report Abuse

The moment someone mention limit-up tomolo......Banker Call Warrant operator immediately
jumps in to attack...fact or Not fact he doesnt care

Posted by somo1 > 2021-02-10 18:56 | Report Abuse

https://focusmalaysia.my/mainstream/malaysian-vape-industry-holds-strong-potential-valued-at-rm2-3b-annually/

Posted by sunbird > 2021-02-10 19:00 | Report Abuse

Thanks observatory. We will see if the new import regulations have done anything. Places like Sabah is still having a thriving illegal business, but that place is so porous. BAT has to do better!

Posted by observatory > 2021-02-10 19:06 | Report Abuse

It's funny that some people only want to hear good comments. Frankly, I don’t even check out what are the warrants out there.

Each of us is free to indulge in our own bullish or bearish views in this forum (note I'm neither a bull or bear). However, by the end of the day, it makes no difference to the share price which is dictated by the institution's money in the short term, and the company fundamentals in the long term.

If you're here for a quick profit, BAT is the wrong counter, there are much better choices.

If you're here as a long term investor, better spend some time studying the company fundamentals instead of hoping to talk it up.

Posted by SinGor > 2021-02-10 19:11 | Report Abuse

The next big thing is Not Vape but HNB (heat Not burnt). If you dont burnt Cigs, more than 300
chemicals are not released in the Cig smoke....the risk of Cancer is significantly reduced
HNB is coming to Malaysia the same time as Vape is Legal (meaning 2021---10% Tax )

Posted by SinGor > 2021-02-10 19:21 | Report Abuse

Bangla and Indo smoke Cheap Cigs ( Bat cannot replaced below cost products ) Urban Malay
youth smokes Vape And coming HNB ( lastest Fad ). You must know where is the Market,
dont simply follows Account.....no market All Biz died. Observatory just a Form Five analyst

Posted by Simon_khoo > 2021-02-10 19:24 | Report Abuse

Based on today’s closing price, 27c dividend is equivalent to 12 fixed deposits interests...

Posted by kfbusjd > 2021-02-10 19:28 | Report Abuse

qoq 14% better but Yoy 8 times (2 years) all red...

Posted by Simon_khoo > 2021-02-10 19:30 | Report Abuse

PBT & PAT almost back to 2019 records

Posted by sunbird > 2021-02-10 19:41 | Report Abuse

After reading the report it is apparent that the government still has its work cut out. The customs had better pull their finger out as the country needs all the money it can get to fight the pandemic.

Posted by BATFLY > 2021-02-10 22:54 | Report Abuse

With the latest earnings, it announced a fourth interim dividend of 27 sen totalling RM77 million, to be paid on March 9. This means a total dividend payout of 83 sen for FY20, versus 118 sen for FY19.

Posted by Goodprofit > 2021-02-11 08:23 | Report Abuse

dividend getting lower n lowest, next 15sen

Posted by JJchan > 2021-02-11 08:56 | Report Abuse

At the peak of Pandemic, Bat still makes money and give Dividend. In Good Times, you will be
rewarded many times Over