BAT is comparative very cheap now. Can always pick up slowly within your budget. Maybe 5 lots? And top up more when if it ever drops further.

Any stock which pays more than 6% dividend is worth keeping la. If lower better put your $ in EPF.

Well if one had invested in BAT five years ago, do you think they are making or losing money?

negative earnings growth. So making money, but making lesser and lesser with time. Maybe because too much of 'illegal' cigarette floating in the market.

negative earnings growth. So making money, but making lesser and lesser with time. Maybe because too much of 'illegal' cigarette floating in the market.

wow glove counters red. any insight? tq tq

Since 2015, BAT dividends totals...



2015 -- 312.00
2016 -- 278.00
2017 -- 169.00
2018 -- 155.00
2019 -- 118.00
2020 -- 50.00 **

** BAT dividend for 2020 so far is half year. Assuming same rate of payout, we are looking at total dividend of only 100.00 **
** clearly the dividends is declining like hell! **

from 2015 to currently, BAT has paid 1082.00 in dividend (ie rm10,820.00 per 1,000 shares)

.....
Price of BAT today is 10.76.

if one purchase or invested in BAT for its dividends about 5 years ago, the price of BAT on 23rd June 2015 is 60.80.

dividends collected is 1082
price today is 10.76

which means one is looking at a holding a loss of 39.22 (60.82-10.82-10.76) !!!!!

** if one purchase on 23rd June 2015, one collected less 176.00 in dividends, since these dividends were paid before June 2015!! **
so do be careful, do not simply invest just because of dividends !!!  Dividend investing has its fair share of risk!!!!
invested ~ 60k... for dividends... now losing 39k cos the share price has collapsed!!!

WTF, KLSE -3.5 and dropping.... while other Asean countries are in greens.

wow glove counters red. any insight? tq tq

Supernormal profit not for long, stock rally priced in

KUALA LUMPUR: Public Investment Bank Bhd has cut its rating on the rubber glove sector to "neutral" from "overweight"as it believes the supernormal profit is not sustainable in the long run.

Furthermore, PublicInvest said the glove stocks' current valuation had ran ahead of their fundamentals.

The firm said the Covid-19 pandemic outbreak had led to sharp spike in rubber gloves demand in recent months, as distributors and government agencies scramble to buy more medical gloves, in fear of a dire shortage of protective gears.

"The desperation for gloves has driven ASP (average selling price) higher and we expect the price uptrend to continue as demand for gloves remains strong," it said in a report today.

"However, we caution that such strong profits are unsustainable in the long-run and we expect earnings to peak in calendar year 2021, therefore we reckon it is not justifiable to continue valuing the glove players at +2SD (standard deviation) of its respective five-year historical mean,"it added.

PublicInvest revised Hartalega Holdings Bhd and Kossan Rubber Industries Bhd's earnings forecast for financial years 2020-2022 by 11-124 per cent to account for the higher ASP assumption and operational efficiency.

The firm kept its "neutral" call on Kossan and Hartalega, but upgraded Top Glove Corp Bhd to "trading buy" as its target price implied an upside of 25 per cent following a retracement in its share price since its recent downgrade.

"We reduce our price earnings multiple for both Hartalega and Kossan to 38x and 26x respectively, which is at +1SD of its five-year historical mean," PublicInvest said.

https://www.nst.com.my/business/2020/06/603...ck-rally-priced

Gov is gonna introduce tax on glove companies.

Everyone is panicking.
https://www.chinapress.com.my/?p=2090432

Singapore, Japan, Korea, Oz.... all +1%.

KLCI... zzzzzz.

MCO over, everyone gone back to work, working hard, no time for bursa?!

The slow death of 2018 - 2019 is coming back again.

Small pond many crocs and a sliding index