Ask honest questions to ourselves. Where is BAT now? 1. Market is optimist and share price hits all time high - high risk with low return. 2. Market is pessimist and share price knocks all time low - low risk with high return.
Using market cycle is a good bet In 2009, when us, Europe and Japan is printing cheap money. BAT price went up for 4 straight year. In 2015 , when there is sell off in Asia share particularly China. It went downhill until today Be patient wait for the next bullish mkt cycle. Ps. Using quarterly chart for both klci and bat for comparison.
The Customs Department has increased the minimum fine to RM100,000 or a minimum jail term of six months or both for selling or smuggling contraband cigarettes from January this year. Previously, those found guilty were subject to a minimum of a day’s jail and/or a RM1,000 fine.
In the Finance Minister Lim Guan Eng’s Budget 2020 speech in October, on the government’s allocation of RM235 million to purchase 20 additional cargo scanners to be placed at strategic ports of entry.
I buy BAT because it is cheap, good dividend yield and the above reasoning.
Look at Bjtoto & Magnum. The government’s efforts to eradicate black market is bearing fruits.
Buy XDL.Net cash at least 35 cent Worth 10.5 cent.Please read my past posting;
Posted by Michael Kwok > Aug 3, 2019 9:29 PM | Report Abuse BAT
I will say it will drop till rm 15 and below then consider a buy.No point accumulate now as trade war restart back.Someone say in this website 1200-1400 point which I fully agree.Look like if things get very bad the downside will be fast and steep not just Malaysia but other market.
Market noises and negativity are always good or it would have been impossible to accumulate BAT at current bottom fishing price of 14.54-14.66 range. I started too early at 16.30 but have no regrets as impact has since been minimised via aggressive cost averaging down strategy and approach. Similar situation happened to SP Setia at the 1.17-1.20 range & SKP at the 1.03-1.05 range too. Market has No Memory. Always remember : Time & Tide Waits For No Man.
The Q-to-Q result has stabilised. That means the bottom is already reached. If the government can wipe out the illegal 4D (I was told many 4D small black market operators have quit due to aggressive actions by the PH).
I expect the illegal / smuggled cigarette activities will soon face the same actions.
4D is different, it is nothing to do with health and environment, but smoking is affecting health to smokers and people beside them, that's why although gov need money from tax, but they wont easily adjust down the tax
RM18 to RM21,then drop to RM17 and increase back to RM20. each low is become lower, now RM 14.5... the risk is very high and dividend cant cover the capital loss....
We, Ikan Bilis, are so easily flushed out when Share Price increased or decreased and especially when it was subsequently sold down without strong fundamental basis. We need to invest WISEly : Withstand - Strongly Invest - Steadily Stay - Firmly End - Well ;-)
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....
abang_misai
2,550 posts
Posted by abang_misai > 2019-12-13 12:23 | Report Abuse
simple answer - it's the value for money.
Ask honest questions to ourselves. Where is BAT now?
1. Market is optimist and share price hits all time high - high risk with low return.
2. Market is pessimist and share price knocks all time low - low risk with high return.