William already sold 13 something. Smart fellas you Minion and William...sell at 13 something. While you all sell, then we wait....and price go back down to 12.... Hehe...
BAT got batted down by smart early sellers. These sellers say going to 13.50...,buy 13 something they lari. Now they having teh Tarik cos they buy only 200 to 300 shares ! Quickies play ...hehe
Personally, I've traded BAT once in '12, once in '14( bought 59.80, sold 68.90) & multiple times in subsequent yrs. Trading profits & divs total over $7,700 which exceeds my paper loss of $6,200...it pays me amply to wait for the bull market to return to wipe out said paper loss.
F&N Quarter Result Quarter Result on 31-Dec-2022[#1] QoQ + 101.03% YoY + 113.87%. _______________________ Consumer Spending on Soft Drink leapfrog by 100% ( Buying for CNY 2023 ) I think Cigs and Alcohol Sales are also Leaping if Not 90%, could be 70% increase. Almost everybody decided to Balik Kampong this CNY making SoftDrink and Cigs/Alcohol a Must have item. Anyway 7--8Feb, Qr results will be Out
Strange feelings that BAT is under reporting to avoid paying for Covid TAX. 4Q21 is much higher than 4Q22, for me is strange bcos that timeframe was when Covid Delta going rampant ( everybody just freezed at that time ) To cement something is wrong with Covid Vaccine purchases ( even when Anwar just step-in as PM, he already hint us something is Wrong ),Today, Anwar is submitting a "white Paper" to Parliament ( no idea what is going to Happen ) -----I think many, many Corp. may report less for 4Q22 to avoid Vaccine Tax---Tax money suppose to pay for vaccine, happen to slip into someone pocket
KUALA LUMPUR: British American Tobacco (Malaysia) Bhd's (BAT) net profit fell 6.7 per cent to RM262.52 million for the financial year ended December 31, 2022 (FY22) from RM284.86 million last year.
The company's revenue also fell 13.6 per cent to RM61.73 million in FY22 from RM71.46 million a year ago.
To deliver on the strategy to simplify the portfolio, the company saw a planned decline in overall market share of 0.8 per cent compared with last year, primarily due to the delisting of Kent and Pall Mall brands.
"Annual volume fell slightly by two per cent compared with 2021, where a one-off benefit in volume was observed during the Route-to-market model transition," it said.
In line with the downtrading trend observed in the market, BAT Malaysia's value-for-money (VFM) brands, KYO and Rothmans, captured an additional one per cent market share.
Despite the contraction of the industry's overall share of the premium segment by one per cent during the year, BAT Malaysia's Dunhill brand secured growth of 1.1 per cent share in this segment, indicating the premium brand's strong foothold.
For FY22, the board of directors has declared a fourth interim dividend of 21 sen per ordinary share, amounting to RM60 million, payable on March 7, 2023, to shareholders.
For the fourth quarter (Q4) ended December 31, 2022, BAT Malaysia's net profit fell to RM61.73 million from RM71.46 million, while its revenue decreased to RM770.66 million from RM861.89 million.
BAT Malaysia managing director Nedal Salem said that despite the economic headwinds, the company are optimistic about the prospects for 2023.
Salem said that with the launch of its tobacco-heated product, glo, which hit the market in February 2023, BAT Malaysia can now offer a choice with reduced risk potential to adult Malaysian smokers.
"We are also encouraged by the new government's priority to implement economic reforms to stimulate growth and strengthen the foundations of the country.
"In the November 2022 Budget tabling, various measures were announced to reduce the levels of the black tobacco market, including introducing a single-entry point policy in the northern region, enhanced controls at landing points including private jetties and a special rewards scheme for enforcement to stop smuggling activities.
"We strongly encourage the new government to maintain these measures in the February 2023 Budget tabling while also exploring science and evidence-based regulations to legalise the vapour market," he said.
as long as 4Q22 profit are register in 1Q23 for Taxes, what can Gov do?? Trying to prove BAT avoid Vaccine Tax, is more difficult planning to go to MARS bcos management has ONE year to plan how to avoid this Tax
Thank goodness I'd divested from BAT and invested in Tesla (NASDAQ) at the beginning of this year. So far, an unrealize gain about 91.5% for 6 weeks of hodling and its price is still soaring.
Why toP loser? Becos many ppl CHASE in the new yr expecting bumper results but actual report is only so-so factoring in the stupee d tax & the deteriorating economy. Many loss-cutters who are kancheong spiders & prob never earned a single dividend in their lives because they never hold thinking they are so smart trading in & out LOL
Typical of such long-term loser investors is a remisier in one of the major IBs(hint:logo is red) called Ms Y****g who is like TakeProfits above, thinks she's so smart trading in & out of the mkt yet is not ashamed to follow tips & is a "proud" owner of scam stocks like Technax @ 16c & Euro @ $2.00+(!!!!!) LOL... She said she doesn't want to hold because she has no confidence in the economy & doesn't care for dividends, always claiming that stocks lose more than the dividend after the ex-date(not always true eg Maybank, Pelikan etc) yet is so greedy that she chased Maybulk for the dividend @ 47.5c after I gave her ample notice that I was buying continuously when it was 41-44c before that. 30 + years "experience" yet still dunno the difference between investment & speculation LOL
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....
stncws
10,647 posts
Posted by stncws > 2023-02-02 10:32 | Report Abuse
too slow....people oledi use it