BRITISH AMERICAN TOBACCO (M)

KLSE (MYR): BAT (4162)

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Last Price

8.00

Today's Change

+0.01 (0.13%)

Day's Change

7.99 - 8.05

Trading Volume

173,200


9 people like this.

12,619 comment(s). Last comment by Donator 2 days ago

Good_buy

121 posts

Posted by Good_buy > 2017-09-12 15:42 | Report Abuse

CI moving up 1800 soon? BAT not CI counter? Why YTD BAT down?

Good_buy

121 posts

Posted by Good_buy > 2017-09-12 15:44 | Report Abuse

20-Jul-2017 30-Jun-2017 774,090 193,976 147,310 144,078 19.03% 35.54% 51.60 43.00 1.4200 24.04% 208.73%
https://klse.i3investor.com/servlets/stk/fin/4162.jsp

rlch

4,140 posts

Posted by rlch > 2017-09-14 11:11 | Report Abuse

BAT is major shareholder not EPF. If BAT sell could mean something bad. I still see DY better than FD.

rlch

4,140 posts

Posted by rlch > 2017-09-14 11:25 | Report Abuse

YTD CI up. BAT not CI counter?

Taurus_

1 posts

Posted by Taurus_ > 2017-09-14 21:15 | Report Abuse

Tobacco is bad but industry creates jobs
http://www.thestar.com.my/opinion/letters/2017/09/14/tobacco-is-bad-but-industry-creates-jobs/

limch

3,036 posts

Posted by limch > 2017-09-24 10:57 | Report Abuse

Exclusive: 'Kiddie packs will help fight illicit cigarette trade'

By KALBANA PERIMBANAYAGAM and THARANYA ARUMUGAM - September 23, 2017 @ 9:37am
ALLOWING the sale of smaller packs of cigarettes makes sense for a number of reasons, tobacco companies argue.

The major reason, of course, is financial, but it is not just for the benefit of these companies, but others, such as retailers and the government.

The reason for this is the staggering numbers of illicit cigarettes available in the market, which go for anywhere between RM3 and RM5 per pack of 20 sticks, compared with between RM12 and RM17 for legal ones.

Citing government-culled statistics, they say an average of 60 per cent of cigarettes in the Malaysian market are illicit, meaning that the government loses out on 60 per cent of the revenue in the form of excise duties, and this amounts to billions of ringgit.

British American Tobacco (Malaysia) Bhd (BAT Malaysia) managing director Erik Stoel says the biggest challenge the industry faced is competing against illegal cigarette trade in Malaysia.

“The trade in illegal cigarettes in Malaysia has grown to an extent that it now dominates the market in the east coast states, where retailers are openly selling them on their shelves.

“These smugglers and retailers are not deterred by the punishment and fines they get, if caught, because the profit they make is worth the trouble.”

Stoel says penetration for illicit cigarettes varies.

For instance, he says, in states with more urban areas, the statistics are below the national average of 60 per cent.

But in the east coast, where the earning power is lower, the numbers are much higher.

Kelantan, he says, has a penetration of 83 per cent for illicit cigarettes, while Terengganu shows a 75 per cent market penetration.

“While enforcement is crucial and ongoing, it is a very challenging task to clamp down on the supply of more than 11 billion sticks of illegal cigarettes that is moving around.

“Strong enforcement to curtail supply is important, but this alone will not shift illegal into legal consumption.

“Due to this uncontrollable influx of smuggled cigarettes, the Customs Department has lost a lot to the illegal trade, especially in terms of tax revenue.”

JT International Bhd (JTI Malaysia) managing director Guilherme Silva shares Stoel’s views on the reintroduction of smaller packs, adding that there is the possibility of a reduction in cigarette consumption.

He says when a consumer buys a 20-stick pack, it is likely that he or she will finish the whole pack in a day and not keep it overnight because of freshness issues.

“If they buy smaller 10-stick packs, they might stop at one box a day and get a new box of 10 the next day.”


With the increased cigarette prices, says Silva, more and more smokers are turning to illicit ones, even though they know the risks of smoking such cigarettes are higher due to unregulated amounts of nicotine and tar.

“(If we have smaller packs), there is a possibility that these smokers will buy legal cigarettes with regulated amounts of nicotine and tar.”

Both Stoel and Silva insist that “kiddie packs” will not encourage the young to smoke.

They say excise duties on tobacco products are based on each stick, meaning that the price of a pack of 10 — between RM7 and RM9 — will still be higher than buying a pack of 20 sticks of illicit cigarettes.

Silva says the industry hopes that the government could consider their proposal for the reintroduction of small packs as a pilot project with a three-year duration, before observing its trend and impact.

“Malaysia is among the top three Asean countries in the trade of illicit cigarettes, above the Philippines, Cambodia and even Indonesia.”

He says this may well change with the introduction of “kiddie packs”.

While lauding Customs Department’s enforcement strategies over the last few years, Silva and Stoel say a joint effort between government agencies and the private sector, such as BAT and JTI, will produce better results in the fight against illicit cigarettes.

However, Stoel says, enforcement alone will not carry the day, adding that this is why the tobacco industry believes smaller packs would help the fight against illicit cigarette trade.

On the often-quoted Framework Convention on Tobacco Control (FCTC), which recommends that countries raise excise duties, among other steps, to curb smoking, both Stoel and Silva say one of the reasons illicit cigarette trade has increased so much in Malaysia is the increase in duties.

They claim that the increase in duties has been too drastic and fast, and point out that while they are recommended by FCTC, anti-tobacco lobbyists fail to realise or mention that the convention recommends a gradual increase so as to prevent such a problem as that being faced by Malaysia today.
https://www.nst.com.my/news/nation/2017/09/282946/exclusive-kiddie-packs-will-help-fight-illicit-cigarette-trade

curious2

1,812 posts

Posted by curious2 > 2017-09-29 16:45 | Report Abuse

T4Q DY | Payout %: 4.94% | 80.13% DY 4.94% fake?

ABSBOSS

904 posts

Posted by ABSBOSS > 2017-10-08 21:34 | Report Abuse

nexf year budget no increment in tabacco tax?

curious2

1,812 posts

Posted by curious2 > 2017-10-09 04:43 | Report Abuse

Likely no because more people will opt for illegal cigarette defeating collecting more tax purpose.

ABSBOSS nexf year budget no increment in tabacco tax?
08/10/2017 21:34

ongmari

2,003 posts

Posted by ongmari > 2017-10-16 10:47 | Report Abuse

buy signal ? or wait 40

Posted by IBestDividend > 2017-10-23 20:57 | Report Abuse

Another dividend 43 sen :-)

Good_News

601 posts

Posted by Good_News > 2017-10-24 11:00 | Report Abuse

QR poor so Budget 2018 no tax increase?

limkokthye

6,039 posts

Posted by limkokthye > 2017-10-24 11:17 | Report Abuse

bat no hope d, dunhill very expensive ,who want to buy leh? long term will down to RM20

confuse

570 posts

Posted by confuse > 2017-10-24 15:03 | Report Abuse

limkokthye Malay can smoke but they cannot gamble or drink beer. Chinese more than Malay in M'sia?

limkokthye bat no hope d, dunhill very expensive ,who want to buy leh? long term will down to RM20
24/10/2017 11:17

confuse

570 posts

Posted by confuse > 2017-10-24 15:04 | Report Abuse

EPS abt same with Dutch Lady why share price RM 18 different?

BN_menang

2,982 posts

Posted by BN_menang > 2017-10-25 11:20 | Report Abuse

Govn change? Smokers are Malay why govn must ignore them?

BN_menang

2,982 posts

Posted by BN_menang > 2017-10-25 11:41 | Report Abuse

A lot of smokers are Malay. If tax more BAT lose more votes and let Pakatan rule?

BN_menang

2,982 posts

Posted by BN_menang > 2017-10-25 11:46 | Report Abuse

If want to collect more taxes catch illegal cigarette operator is right method not tax BAT more.

who_am_i

31 posts

Posted by who_am_i > 2017-10-25 15:36 | Report Abuse

Very attractive price. Tomorrow break new low RM41?

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-27 00:34 | Report Abuse

start looking at bat cantik harga
good

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 00:37 | Report Abuse

after dividend likely below 40

who_am_i

31 posts

Posted by who_am_i > 2017-10-27 09:51 | Report Abuse

Start rebound today?

Posted by pakatan_harapan2 > 2017-10-27 10:35 | Report Abuse

If Pakatan in power we reduce tax to help rakyat. Why BN cannot? Weak leader?

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:05 | Report Abuse

some good news no tax hike

limkokthye

6,039 posts

Posted by limkokthye > 2017-10-28 08:39 | Report Abuse

all in

ABSBOSS

904 posts

Posted by ABSBOSS > 2017-10-28 19:33 | Report Abuse

hope BAT will go up again

hewusana

265 posts

Posted by hewusana > 2017-10-29 14:00 | Report Abuse

Wow. Good chance to go in 40.50

hewusana

265 posts

Posted by hewusana > 2017-10-29 14:03 | Report Abuse

Now 40.50

hewusana

265 posts

Posted by hewusana > 2017-10-29 14:04 | Report Abuse

Good to buy.. some predict at least abt 44.0

dompeilee

11,888 posts

Posted by dompeilee > 2017-10-30 15:54 | Report Abuse

Bought some of my old friend BAT @ 40.50 :D

Win188

276 posts

Posted by Win188 > 2017-10-31 10:40 | Report Abuse

bought some at 39.92

CityHuntEr

626 posts

Posted by CityHuntEr > 2017-10-31 13:03 | Report Abuse

Will keep dropping...especially they announce to get back Rothmans cigarettes in market...hahaha

dompeilee

11,888 posts

Posted by dompeilee > 2017-10-31 14:23 | Report Abuse

Nvm la...yesterday only bought 45 shares in odd lot market. Now my shareholding is 108 shares :)

dompeilee

11,888 posts

Posted by dompeilee > 2017-10-31 14:25 | Report Abuse

Already realised over 2k in BAT since playing this counter for the first time in Feb '14 :D

Kingoffry

172 posts

Posted by Kingoffry > 2017-10-31 15:00 | Report Abuse

Waiting below 38 then all in

Yukimura

76 posts

Posted by Yukimura > 2017-10-31 15:04 | Report Abuse

horrible drop

Posted by sarawakian63 > 2017-10-31 16:18 | Report Abuse

You short? Why Bursa sleeping?

Kingoffry Waiting below 38 then all in
31/10/2017 15:00

Posted by sarawakian63 > 2017-10-31 16:21 | Report Abuse

We also smoke. It is against law?

Posted by sarawakian63 > 2017-10-31 16:22 | Report Abuse

Smoking law U-turn under BN?

CityHuntEr

626 posts

Posted by CityHuntEr > 2017-10-31 16:42 | Report Abuse

Nicotine impact your health, thats y the tax base on the nicotine level...My opinion is recognize Rothmans wouldnt affect the illegal cigarettes, electronic cigarettes market even PMI market level, on the contrary most of the kent & lucky kaki may u-turn back to low cost 1... Dunhill maybe can mantain because they have old folk fans...lol

dompeilee

11,888 posts

Posted by dompeilee > 2017-10-31 16:53 | Report Abuse

With just 108 shares to collect dividend, I welcome further BIG DROPs in the price to lower my avg cost like I did in 2015 - 2016 :)

Posted by Tancheesiong111 > 2017-10-31 18:36 | Report Abuse

Don't worry RM 36 is bottom line

curious2

1,812 posts

Posted by curious2 > 2017-11-01 09:23 | Report Abuse

HLG cutting loss? HL Bank must sell.

Kay

290 posts

Posted by Kay > 2017-11-01 09:44 | Report Abuse

Wow! So low already

limkokthye

6,039 posts

Posted by limkokthye > 2017-11-01 10:05 | Report Abuse

drop below 10, bat no hope faster sell

limkokthye

6,039 posts

Posted by limkokthye > 2017-11-01 10:29 | Report Abuse

sell faster run ,

Posted by Dato_Haris > 2017-11-01 10:45 | Report Abuse

Q RM 38. Hope done.

Posted by HITMAN18 > 2017-11-01 13:30 | Report Abuse

Will be further down lower than 30. What criteria can remove from
the 30 KLCI index component?

Posted by Tancheesiong111 > 2017-11-01 14:09 | Report Abuse

"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"

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