Agree with you Troy88...these fellas don't know selling just to get dividends the net after paying commission will result in a lesser dividend amount. Crazy fellas as they can't even hold on to their BAT??
Reiterate OUTPERFORM. As earnings are revised upwards, we raised our TP of RM16.70 (RM15.70 previously) applying an unchanged (FY22E PER of 17x – closed to its 3-year Mean).
Given its potential tax contribution to government coffers, enforcement in curbing illicit products looks likely to be strengthened coupled with the momentum of economic recovery which would boost sales.
Its dividend yield is among the highest in our consumer universe at 2x higher than the peers’ average.
Undervalued at this juncture with a compelling dividend yield of >6% we reiterate OUTPERFORM.
Safest “FD” when it was ~ RM10 last year. It is a stock that you can Buy and need not monitor on daily gyrations. Just earn the excellent dividend yield.
There will always be opportunities in stock market. Always invest only with spare funds and excess savings that can withstand a time horizon of at least 3-5 years. Retail investors must never ever use margin financing no matter how confident you are with your stock picks. Funds/IBs with deep pockets will “kill” you with their RSS strategies. The stock market will always face market irrationality and subjected to unpredictable market vagaries. As such, the stock market is not for emotionally driven investors. Strong Balance Sheet, Cashflows & generous dividend yields are always the best barometers guide. In terms of Corporate Governance, BAT is second to none.
Omicron is Coming surely. BAT is the only stock Not affected by Wuhan Covid, Delta And surely NOT Omicron----No factory Closing, No Demand Drop( only Up )---Always received Dividend
BAT Management has No buy-Back request to Bursa but that doesnt means Mother BAT ( UK ) cannot ask JP Morgan and MacQuarie to pump-up last minute. Most of the last minute pump-up previously also has No news------just pump-up 10--15 cents
Portfolio Manager shares allocation ( change portfolio ) will start between 15 Dec to 30 Jan 2022. With Banks, Construction, Properties and Gloves in Doldrums, Coupled with Rising interest Rate and Inflation, BAT and others Sin Stocks are more stable and provide adequate returns. Even if DOW / US economy collapsed, BAT & sin stocks are hardly affected bcos they are not exporting to USA. Beer and Cigs are exclusively meant for Local consumption
There is so much uncertainties in Bursa with Omicron, you have to get insurance from Trusted stock like BAT to face Omicron....extremely Good Dividend payout and No Sale Counter Closure in All previous LockDown
This Qr (4Q) has ended with no lockdown....Revenue is expected to be like previous 4Q results ( no lockdown ) between 660--580mil....Profit expected between 72--83mil And Dividend around 29--30 cents
The justification given that non-smokers support smokers healthcare doesn't hold water. The tax alone from cigs sales is in Billions. In addition smokers live a shorter life and a majority are from low income, meaning the government actually spent less on smokers and get much more in return. FYI I am writing as an ex-smoker and am totally unbiased in my statement of fact.
Khairy is trying to get popular Vote. Gov. with Custom and police cannot stop 10billion illegal Cigs flooding black Market, he (khairy ) is talking about banning smoking for 14years Old...Illegal Cigs are every where ( 10billion Cigs Not 10 cigs ) Some more as if he doesnT know, 90% of Legal Cigarette import License are BN politician family owned including many TanSri and also Supreme Top, Top fellow that Police dare not to touch.
We donT know who is the next Health Minister in 6 months time Or after GE15....One thing for sure Khairy will wipe out by Saddiq Muda youth.....As i said it again, Khairy playing popular VOTE for GE15
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....
TakeProfits
1,229 posts
Posted by TakeProfits > 2021-11-15 15:08 | Report Abuse
Agree with you Troy88...these fellas don't know selling just to get dividends the net after paying commission will result in a lesser dividend amount.
Crazy fellas as they can't even hold on to their BAT??