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
The price of 17.50/share (similar as Dunhill Lucky Strike) yesterday was too tempting even for a non-smoker. Vulture123 swooped in for 20,000 packets of cigarettes based on the “bottom fishing” strategy (17.50-0.29 = 17.21 Value For Money price) as the share will go Ex-dividend of 29 sen next Tuesday.
Free dividend of 29 sen although small capital gain based on yesterday’s ex-Dividend price range of 17.52-17.60 :-) Good timing to monitor for “bottom fishing” investment yet again.
Pekan nanas ppl like nanas instead of cigarette... Nanas good for health... In fact that cigarette good for nothing except lung cancer....and 2nd hand smoke
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....
scotthong
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Posted by scotthong > 2019-11-07 22:59 | Report Abuse
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
More: https://www.fundamental-technical-analysis.com/