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Coz Auditor kept giving very negative views in past 12 months ; most retail investors didn’t dare to buy even 1000 shares at below $5.50-5.70 in past 6 months ..
this is a very good dividend stock, opportunity comes only once in decades, but there is a sinkalan old uncle kept giving negative comments on this stock, frightening retailers away from making money, hahaha
His view good for someone to get cheaper price. Depend how u read his comment. His comment about BAT from above Rm10. Ntg wrong. The price drop to Rm4.. Now plot twist because of strong MYR and gov work ban on smuggle cigarettes.
I have been holding BAT since 2020… Tok Tiong U r mainly buying shares by technical analysis right ? His views quite professional but he created pessimistic for BAT in past 12 months , ppl known little about shares investment would have sold all at below 6.00-7.00 coz few policies of the government kept affecting the profitability of BAT…