Even professionals have differing views based on different assumptions and parameters. Just look at the different TPs by all the Research Houses. No one can predict with absolute certainty and we just need to trust our own judgment.
BAT directors, if ur reading this, pls get some ex-IGP or ex-deputy IGP to be your directors, useless to employ angmohs to fill up directorships when they dun even know what to do. Learn from Genting group...
British American Tobacco (Malaysia) Bhd (BAT Malaysia), the country’s largest tobacco company, is undergoing another round of internal reorganisation, with 20% of its workforce in Malaysia to be laid off. The company employs about 500 people in Malaysia.
BAT was a good stock but badly affected by illicit smuggling activities due to big price differentials. Although the correct way forward, Government’s recent ban on smoking in eateries (stricter enforcement and higher penalties from 2020 onwards) and continuous health awareness campaigns is very negative for BAT. In light of the weak economy, is unlikely for Government to reduce excise tax rate but can help BAT tremendously if they implement stricter enforcement policies to deter smuggling. At this juncture, elevated earning uncertainties does not augur well on future dividends.
the PH gov is too stupid to realize the right thing to do is take action against illicit cigarette. instead these idiots choose the easier way out by continue to tax the legitimate company.
British American Tobacco (Malaysia) Bhd (BAT Malaysia), the country’s largest tobacco company, is undergoing another round of internal reorganisation, with 20% of its workforce in Malaysia to be laid off. The company employs about 500 people in Malaysia.
This comes on the heels of its smaller rival JT International Bhd’s (JTI Malaysia) announcement recently that it was laying off more than one-third of its 450-strong workforce here.
Cig business is no longer growing business. Think of 10 years ago, there's no vape, not much illegal cig, the revenue for BAT grow yoy. If BAT does not come out with sustainable strategic to beat all its substitutes, this business will goes sunset.
Cut 20% workforce also consider good ah? Each qtr cut 20% , after 5 years turn into a sole proprietorship company ah? Who wanna invest into a company that keep cutting cost instead of progressing?
Government must reduce sin tax. Government should not be the nanny for the people. Those who wish to smoke and get intoxicated let them be. Ultimately they will pay the price with their health or ,life itself. It is an alternative way of reducing unwanted elements in society.
By reducing tax to pre independence days, government can enjoy more revenue and more sponsors
BAT (4162) -Technical Analysis November 7, 2019 | HONG WEI GIET Technical Analysis ============== - BAT shares prices decrease by around 50% from RM35.41 to RM17.60. A failing angel.- BAT EPS 2019 has confirmed cant beat and/or match last year EPS 2018 (164.2 cents) and revenue recorded lower low due to serious penetration of illegal cigarette sales.- Since Sept 06, 2019, we noticed that there are buying force enter markets to support BAT shares price and
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....
AntiPondan1
33 posts
Posted by AntiPondan1 > 2019-11-01 12:07 | Report Abuse
DBT 18.28 who willing? Save brokerage win-win.