“For example, every year our country records RM8 billion loss due to cigarette and liquor smuggling. For Customs Department, it is only smuggling. But, to smuggle something, the smuggler would have committed bribery, used his mafia gangs, evaded tax, did some company layering and some suspicious bank transactions.
Industry is adversely affected by illicit cigarette trade, which amount to ~58.3% of total cigarette sales in Malaysia Earning per share in last 5 years were overall decreasing, EPS were 288.3, 315.8, 318.3, 252.6, 172.5 sen per share, respectively
“The first case charged under the amendments involved two Pakistani nationals after they pleaded guilty to possessing illegal cigarettes, worth RM152.
“They have been sentenced to a RM100,000 fine. Failure to do so would result in a one-year jail sentence,” he said, adding that the department would send all similar cases to court.
BAT the EPS on decreasing trend in last 5 years, decreased by around 110%, the PE ratio is quite high around 25, the ROE is 103%, dividend yield is 3.98%
wow a bull bearing shit statement yoo...some elergic with smoke, not included kaaa..i cant stand funny question, Smoking ban behind BN Cameron win kikiki laugh die me. PHub (DAP) and its RBA lost bulshiting idea already
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....
PH_better
602 posts
Posted by PH_better > 2019-01-10 09:38 | Report Abuse
RM 1 billion extra tax can collect if catch contrabands more.