BAT will hold 4Q20 results briefings on 18 and 22 Feb to share more colour on the results and current developments. Already give plenty of time to get READY, Don't ever say no chance or miss out again. Happy investing :)
Many IB trying to distract the yo y ,but never mentioned the 3rd time Q o Q increase showing the reversal,my upgrade is 20 this year now for more positive things coming forward
One thing for sure bat is the best treating shareholders first and never printed new issues like some company,at the end the company share diluted like water they treat it as printing machines better than printing ringgits,and ultimately share holders stand to loose out
*****Gtrade be careful,Macquerie the short seller says buy******
Mac actually got Call warrant Due in Aug 2021. However Nobody is Buying its Call Warrant---- If Mac short BAT, the he cannot Sell Any Call Warrant.
If believe current selling is Real----from EPF ( last lots---saw comments in some articles ) That is the reasons price cannot drop below 13 ( even epf donT want to sell at a terrible loss )
Hahaha. yes, but you must Bet first. I think BAT CW of any Bankers are Not Hotstuff. Very few actual Buyers. What i saw Daily Bankers are not interested to Defend like CIMB C2(31 Mar ex date bcos very little Call Warrant Sold.
Added to the encourage Q1 overwhelming result will have officially legallies e cigarette and Vape and HNB coming toward in the next did months,positioning is the word of the day...
I am Not very convince that 12Bil Cigs (total Cig consumed by Malaysians) is a correct number. BAT, Philips, JTI controls almost 90% of All Legal Cigs in Malaysia. Aneka Karya Jaya, Golden Glode, Aktif Warni, Tai Chong Tobacco & Hiap Seng Trading Controls the Low ends Cigs------So how Illegal Cigs can Hit 62.4%----Rather Strange Number??
However if you look at 10million Illegal Workers from All Over South East Asia are Here, then the Number Do Changed. Technically there all More Illegal Worker smokers than Malaysian inside Malaysia.
But these illegal worker smokers can only afford RM5 / packet Cig bcos of their LOW Salary. However when JTI do the computation, It has included a Market size that Cannot afford Legal Cig price ( almost useless survey ----62.4% illegal Cigs )
Why BAT keeps its propaganda? Lets put it this Way, If Gov keep stealing Foods from Tobacco Industry's Dinner plate ( thru Heavy Taxes ) at some point they would scream ( Gov promise to Hit Illegal Cigs but keep sitting on his Hands ) The Real BAT intention is forced Gov to Reduce Taxes Or as one senator puts it ----RM8 / Packet for KYO-----The Cheap Market (RM5) is Below BAT production Cost. I donT think BAT wants it
If you look at BAT revenue falls, it become apparent that a Huge market segment has shfited preference. Instead of blaming themselves (management missing the Trend ) BAT hits illegal Market instead which is NOT even their Market but it become a convenient since JTI published its 62.4% illegal Cigs Survey. The Real Trend is Urban Malay Youth has shifted preference which has a Legal Cig market Size of 60%---------They shifted to VAPE
Anyway, Those bought at 10.00 will really Benefit in Capital Gain as BAT has finally shifting to VAPE and HNB in 2021. If you look at Legal Cig Market size based on BAT revenue, it is apparent price can Hit back to 70 with the same Market Size in 2010--15 ( excluding Illegal Cigs from Indonesia meant for low wages workers )
Vape distribution Outlets is Huge for BAT ( controls 54% of legal Cigs). BAT got 1576 distributors If One distributor services 30 outlets (mamak foodstore), BAT got 47,280 Outlets for VAPE
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....
CatchThe Bull
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Posted by CatchThe Bull > 2021-02-15 14:59 | Report Abuse
First time coverage by MACQUARIE GROUP, BAT TP16.30 https://klse.i3investor.com/servlets/ptres/58508.jsp