I say revenue and profit quarter by quarter in year 2020 in prove. Profit margin and dividend per share quarter by quater also increasing in year 2020.
Cigarettes and Beer going to come back. Once the vaccines reach the masses in the next few months, the demand going to shoot up. It's human nature whether you like it or not.
2020 annual report saw Singapore Gov dumped BAT. But CIMB (local) bought a Big Block. Cimb always has advance knowledge when Foreign Funds are coming in ( Cimb always Buy to dump at Foreign Funds Or recovered Call Warrant Losses
Cimb could be Buying again for C7 ( dump before C7 ends in 30 July ) Cimb could push BAT above 15 but Mac C6 is due on 13Aug at 16.88....Mac wants C7 to be above 17 to attract buyers still got 5months......Big fight between CIMB and MAC, who will Win? But BAT will win for Sure
The theme in us in 2021 is high yield stock...funds are moving from low yield to high yield....consistent high yield stocks in bursa will be the nex darling....bat..no brainer...
Thats the big trend...recovery lead to i flation..inflation lead to higher yield in bond and recovery stock dividend yield. Naturally funds will flow bak to the high yield assets. Bat dividend yield will keep go up due to recovery. Funds will flow bak to normalise these assets class yield. Slow but sure process.
nex wk if go up and break 14...result shld be very good. . price will move above 15 if it record 80 m and above for qtr 1 2021.compare to qtr 1 2020 50m ...profit will show great increase 60% qtr to qtr.
On paper, BAT looks like a good company to invest in. Undervalued, strong EPS, strong cash flow, low PE. But in truth, funds won’t touch this company because people are getting much more educated about the danger of smoking and using e-cigarettes. Consequently, investing in a tobacco company is frowned upon within the investing community and Wall Street. Unlike in US/Canada, tobacco companies here do not have the same catalyst/growth potential because weed will never be legalised in Malaysia and people will smoke less and less as time goes by. Bearish
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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....
gemfinder
6,880 posts
Posted by gemfinder > 2021-03-23 19:50 |
Post removed.Why?