British American Tobacco slumped more than 6%, leading a broad decline for tobacco companies after a report that the Biden administration is considering a requirement for reduced nicotine content in all cigarettes sold in the U.S.
Philip Morris 1Q21 doesnT reflect BAT Malaysia advantage----We got MoF directive in Jan2021 to Close All Rat's Holes----Regardless what, Police and Custom have to show they are following this Directives Or else their immediate Boss position will Change ( no more power)
Do expect a substantial jumps in premium Cig Sales----so profit is unpredictable at Best---Not SuperNormal But abnormally High Profit
In AGM, BAT ceo is concern enforcement agencies will relax on current operation. The fact is the initial Jan 2021 operation is very effective so BAT sales should jump 1Q21
BAT for the last 2 weeks is moving in tandem with the Big League (Nestle etc ) For the last 50yrs BAT is always the taiko in Big League until Gov banned smoking in Public Places and no more advertisement. Revenue plunged when Smoking Trends shifted to Vape. Blaming illegal Cigs is a way out for Management as JJchan said. Indonesian Rokok is not suitable for Malaysian likings. How can Rokok be counted in the Survey.....
I've an objective to collect 69,000 shares of BAT and still short about 40%. As its price keeps increasing, it's getting more expensive to reach my goal. I may have to stop at 50,000 shares and be happy about it.
‘Untouchables’ needed to overcome illegal cigarettes super cartel
28 APR 2021 / 11:20 H.
PETALING JAYA: An elite team that embodies the virtues of integrity, bravery and morality is critical to overcome the illegal cigarettes super cartel, said a former police chief of Sarawak, Datuk Dr. Yusoff Nook.
His comments came following recent reports of four officers from the Royal Malaysian Customs Department being charged for releasing two containers of seized illegal cigarettes. “This unprecedented case underscores the severity of criminal infiltration into our law enforcement agencies that have propelled Malaysia into the No. 1 spot of illegal cigarettes trafficking in the world,” he said in a statement today.
“This endemic problem can only be overcome if we have an elite team like The Untouchables spearheading the Multi-Agency Task Force (MATF), which has been operationalised to counter the illegal cigarettes trade problem.”
Yusoff was citing “The Untouchables” which is a 1987 American movie directed by Brian De Palma and produced by Art Linson. It featured Sean Connery and Kevin Costner.
Yusoff confirmed that the illegal cigarettes business is currently being facilitated by a super cartel involving high ranking people from both the private and public sectors.
+ “Malaysia losses RM5 billion each year in uncollected tax revenue to this economic crime. If this problem has been resolved earlier, the government does not have to utilise this same amount of money from the National Trust Fund (KWAN) to fund our vaccination programme,” +
Seize cigarettes make legal by distribution back door is open secret!not sure?ask your supplier and they will tell and ask you how much you want,they are the agents of all the seize cigarettes,never in Malaysia history where were the seize gone?it is the work of the corruption of custom and enforcers,to make the country no 1
usually from what i saw in Port Klang, illegal Cigs caught are Burned after Custom finished documentation. Maybe some are stolen on the way to burn-site and resold but qty is not more than what their hands can Hold. ( no more entire container disappeared )
@ williamh. If 90 mil profit, how to pay 36 sen dividend? If BATMAN can pay 30 sen dividend this 1st quarter it will be good news. Anything more than 30 sen dividend, and the price will break RM15 easily, cheers.
If BAT hit 1.0bil sales in 1Q21, maybe for the first time you see a "Big Blue" hit Limit-up. This will remove some of the thunder DataPrep is creating on a daily basis
These are 1Q revenue i pulled out from record BEFORE no smoking at public places and Doubling of Cigarette Taxes... 1) 31/03/2017.........1Q17 (revenue)......RM 770,724,000 2) 31/03/2016..........1Q16......................RM 1,021,012,000 3) 31/03/2015...........1Q15.....................RM 1,274,017,000 4) 31/03/2014............1Q14....................RM 1,154,310,000 5) 31/03/2015............1Q13....................RM 1,095,739,000
One Billion Sales on 1Q21 is a easy job for BAT if there is a "shock in the Rat Holes" for premium Cig just after MoF announcement to centralised Container shipment for Cigs.
Only your 5years Old son will believe you if you said there is no illegal Cig from 2000 to 2017... The real falling knives that killed premium Cig was banning smoking in public place ( Big Boss cannot smoke so demand drops....RM18/pack is just wanton mee to me.....no big deal )
anyhow dont be too positive minded. I expect profit to be a bit better but wont grows a lot. I still can find illegal cigarettes in many different grocery shops, you know what it means.
maybe you have mistook "local Brand as Illegal Cigs ) There are atleast 3 other Local Cigs Manufacturers beside Philip Morris and BAT----As my Understanding of illegal Cigs means, BAT Cigs from said Pakistan that pays 15% Taxes are redirected to Malaysia Port and Sold as Local "Fully Paid Tax Cigs" For your info: My Pakistan workers are buying from Pakistan Airport Premium BAT cigs around RM 4.50--5.00 per pack. My office sapu every Carton they can bring back at RM10 / pack
as you already know, my office now cannot get any Tax free BAT Dunhill Cig from Pakistan--- workers cannot go Home and come back therefore supply chain is broken-----the same will happen if " Malaysia Rat Holes" are Closed----BAT Malaysia sales lost out to smuggled Cigs will be recovered without doing anything bcos Customer donT even know whether Dunhill they bought is from Pakistan Or BAT Malaysia!!!!!!
RSS from 636,362 To 598,662, The more we come up "comments" to support BAT, Shorty gets chicken-out easily. Stock market is First about GungHo spirit, TA/FA last
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Simon_khoo
705 posts
Posted by Simon_khoo > 2021-04-20 16:10 | Report Abuse
Let’s see whether can close green today