Smokers keep rising if BAT drop mean even more bargain to buy. Govn must catch illegal cigarette operators so that not lose tax money just like illegal gambling.
if one look at the yields it is undervalued,but if u look at fundamentals,the future look bleak cos of the illegals and the high tax.all the sins stocks doing badly cos all got illegals to compete wif them.
better go for dutchlady or nestle. nothing can replace. no illegal milk or milo, maggi. stable business. unlike bat we have illegal cigarettes and tax issues
Slowly drop mean less rebound...... long term sure sideway. ppl buy it because of the div. Without that, next tp rm30 then rm20. Sorry to say that because of gov policy & piracy smoke & gst of course. Good luck all.
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....
Tancheesiong111
42 posts
Posted by Tancheesiong111 > 2017-11-01 14:13 | Report Abuse
Every 0.50 drop buy one lot. 38.00, 37.50, 37.00, 36.50