BAT, British American Tobacco
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 Feb 23 2020, 11:25 PM
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#1
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21,458 posts Joined: Jul 2012  
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QUOTE(DexterLim93 @ Feb 23 2020, 08:49 PM) Ah i didnt know that! Still a newbie here. Anyhow, whats your thoughts for long term investment in BAT? Possible to invest long term and go past 35 like last time? You expect sales of legit ciggies to rise? |
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Feb 26 2020, 10:11 PM
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#2
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21,458 posts Joined: Jul 2012
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QUOTE(jasliniceicekal @ Feb 26 2020, 02:30 PM) Illicit market doubled since the surge in excise duty in 2015. High tax is often counter productive. To increase tax revenue from ciggies and alcohol; besides lowering duty and tax, anti smuggling need also to improve.Perhaps (33.5% in 2015 vs 63% in 2019) The Malaysian Government must be held accountable and radical actions such as demand-driven solutions that include a review of excise duties must be explored |
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