Short position


Getting smoked 

Talk about a stock that is going up in smoke. British American Tobacco (M) Bhd’s (BAT) latest quarterly results were a shocker, as not only did its net profit drop by about 30% from a year ago, but sales volume also saw a 7.7% drop in the first quarter of its 2016 financial year compared with the fourth quarter of last year.

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Business , Short position , Tanah Makmur

   

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