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- BRITISH AMERICAN TOBACCO (M) BHD BAT (4162)
British American Tobacco Malaysia founded from the combination of the tobacco businesses between Rothmans of Pall Mall (Malaysia) Berhad with the Malaysian Tobacco Company Berhad on 1999. This create the most expensive stock companies, with a lot of pooling talent, sharing of experience and an better portfolio of most important international brands to establish the biggest tobacco company in the Malaysia. Currently BAT are market leader of the Malaysian cigarette industry, with nearly 64% share of the nation market, and with top ranking among the top 12 companies on Bursa Malaysia Securities Berhad in total assets calculation. British American Tobacco Malaysia produce and marketing high quality cigarette with different variety. What I observed is this few days KLCI movement look just the same as BAT .BAT had reach it TC of low should be time to turn north .CI able to hold at it auto support then turn north too, if tomorrow CI able to hold above 1650 I believe CI will start go north.