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the new government is promoting healthy lifestyle prevent more people from visiting hospitals. this will save government more money in hospital subsidies
10 smokers, maybe 1-2 can completely quite smoking only, the sales drop due to high price for legal cigarette, illegal smoke was increased at the same time, currently 2 out of 3 cigarette was illegal in the market...
Cheap ciggerette getting harder to find as government really got take action about it, u may ask your surrounding who supply illegal ciggeratre or beer one
Should be time for rebound d, today BAT big shareholder called me, told me they not happy with current BAT price. My new year Ang pao depend on BAT liao
Yutaka, if u using NTA to measure stock value I will laugh u 99, how nestle? NTA 3? Share price 145, super big bubble? F&N? Some of their value discounted by depreciation and so on...
Actually why you all still looking good on bat? Their business were declining drastically for the past few years. Same goes to the share price. What you all expect on bat? Except just small rebound wave can catch. The only turnover is hoping government new policies that benefit this sunset business.
