KUALA LUMPUR (April 4): Prime Minister Datuk Seri Anwar Ibrahim said it is too drastic to ban the use of electronic cigarettes (e-cigarettes) and vape products containing nicotine.
“Taking extreme action to ban vaping, e-cigarettes, is quite drastic, and cannot be done in any country in the world. Many people still smoke, even if we hold [several] campaigns,” he said in the Dewan Rakyat on Tuesday (April 4).
With the prospect of higher profit in next 6 months n good dividend income , the share price should climb up to above $11.50-11.60… Bad news of last 2-3 months seem like faded as well …
just my 2 cent of logic and common sense in analyzing this BAT stock
-that time it fly till RM12-13 a lot investor got confident in this stock and a lot has invested in during those price and due to today price, a lot of them still stuck in those price and yet they still holding it, if they average down it will be more holding in BAT stock as well in the market -As u know, no matter what smoker will always be the smoker. So i believe smoking is the only entertainment by most of the ppl either in releasing stress or something which cant be control to stop. -although the company is not performing well at the moment, but BAT is one of the highest payout dividend yield counter among other counter in BURSA Malaysia. -there is still a lot of unknown investor holding in this company for long run dividend without concerning the company price right now. -During pandemic or bad market, this counter still able to holds it price above RM 10, so i believe the fundamental and public confident towards BAT is still there. -as per record, always the MAY/JUNE dividend payout will be the lowest and being compensated back in the upcoming dividend payout in the next quarter, so stay tune for upcoming next dividend payout. -regardless who is the CEO, as those major stakeholder in the board it won't let their best ship sink as money is all they concern and yet this is not a SCAM/CON counter to earn money for stakeholder like serb*** and etc.
As above analyzing, i believe BAT will still has a good run at the moment.
Wish me luck in the journey with BAT for future more dividend payout ^^ RM 10.30 is a good price
Risky effort to inflate its price from rm10.20 on March 17 to rm11.18 had happened without knowing Q2 2023 dividend would dropped by 23.5% as announced on May 29.
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USA spends $500mil campaign against Cigs.....Banned all sports and advertisement that sponsor Cigs, after 25years.....FDA said they got a "New Problem" ----FENTANYL ( blamed CHINA as a major supplier ). Smokers just switch other Drugs. Guess what Cigs is the safest among all Bad Habit bcos it kill smokers ( only 25% ) in between 25---80years-----FENTANYL kill users in 3--5years
The Group amplified its operational spending in the current quarter to facilitate the transformation into a true multi-category organisation. Besides allocating resources to reinforce the combustible portfolio, the Group has also invested in the launch of tobacco heating product (THP) and to prepare for the upcoming vapour launch. As a result, operating expenses increased by RM72 million versus the immediate preceding quarter while profit from operations grew by 23.9% from RM59 million to RM73 million. ______________________ Interesting--- BAT has anticipate VAPE launching ( PH needs BAT taxes----removed Nicotine from Poison Act) Stronger next Qr results if VAPE is launched this Qr
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....
Diamond7
2,160 posts
Posted by Diamond7 > 2023-03-30 11:14 | Report Abuse
BAT.....steadily up up