I am telling my friends, smoking, (not vaping) can kill Covid virus in the lungs. My friends until today nobody believes in me. I told them, you see I never get ill by Covid, to prove my point to them. They Very hard to believe my opinion.
That's a fallacy, Income. If smoking is effective in killing the COVID virus, we wouldn't get vaccinated; instead, one person would get one pack of cigarettes😅
The power wants us to be pricked with needles… until now still offering walk in free jabs. So free one boxes of cigarettes are illegal in the eyes of the powerful poli tikus. So my theory is against the power wishes la.
My optimistic dividend estimate for BAT year 2023 is rm0.70 and usually investors have expectation of high or generous dividend yield about 8%. The formula to obtain its stock price is as follows;- (rm0.70*100) / 8 = rm8.75. Please check what is its stock price now.
Consider avoiding BAT, or sell at price spikes (even at a loss). Fwiw, since I got rid of BAT in Sep last year, my portfolio has been freed from this drag - and it went on to make new all time highs 17 times without the BAT drag, including today.
Whereas if one keeps averaging down on this loser, if this counter still doesn't run, or keeps declining like what it has been doing for the past decade, one might as well park that money into FD.
BAT is still downtrending longer term. The longer you hold, the greater the odds of losing, even if it doesn't crash - it creeps down after false spikes. The monies tied up in BAT are better deployed elsewhere (including EPF or even FD over past 10 years).
Buffett wisdom: 1. The most important thing to do, when in a hole, is to stop digging. 2. In a chronically leaking boat like BAT, energy devoted to changing vessels are likely to be more productive than perpetually patching leaks.
More Buffett wisdom, paraphrased by DividendGuy: 3. Focus on Quality and Value. Quality stocks grows EPS and DPS long term. Value comes from owning such stocks long term. Even greater Value comes when the rare opportunities come to let you buy Quality stocks at a lower Price.
I WONDER WHY THIS DIVIDENDGUY67 IS ALWAYS TRYING TO PUSH BAT PRICE DOWN? ALWAYS NEGATIVE NEWS, NOTHING POSITIVE. I THINK HE HAS ULTERIOR MOTIVE. ONLY ACTIVE HERE.
Dividendguy with 30 years experience in share investment only suitable to buy in heavyweight like Maybank to get 6% dividend yield .. BAT is too risky for older guys … Maybank like public bank will be at price range of 8.50-9.30 in next 24 months ( if nothing big happen ), still better than Public bank which has been in the range of Rm3.90-4.50 in past 3 years ….
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....
BradonOoi
724 posts
Posted by BradonOoi > 2023-12-27 12:04 | Report Abuse
Minister Rejects Call for Religious Cigarette Ban
https://tobaccoreporter.com/2023/12/26/minister-rejects-call-for-religious-cigarette-ban/