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Tuesday, February 4, 2014

Head of Sales

Question about British American Tobacco ( beat racket): BAT Bangladesh looks interesting based on recent ROE, giving cash-flow and dividend performance. just now as your colleague Shahnewaz observes, BAT suffers from the drawbacks of higher(prenominal) measurees, rising health thought among consumers, and the remotion of g all in all all overnment incentives for baccy plant cultivation. The company in like way does non seem to be exporting raw baccy or cut rag: I am not an agronomist, notwithstanding would I be right in asseverate that Bangladesh has too much peltingfall to have competitive service in tobacco production? Increased sales evaluate is indeed expected to have an effect on record growth in FY2012. However, the silver lining for BAT is that genuinely low-end cigarettes (cigarettes priced BDT 1 or lower) and biri (a very low-end and hand-made tobacco product) are doing well, not being subjected to the same sales tax. BAT, by the way, also has over 90% of the high-end cigarette securities industry. As for rising health awareness - there are advocacy groups at work unless increasing migration to cities, nationwide ban on alcohol, and a solid ground median age of 22 - probably cumulatively compensate. As for BAT, in 2010, the company invested heavily to improve efficiency - the import of which has been a significant improvement in the YTD performance ( much than 3% improvement in gross and operating margins). Traditionally, tobacco has been civilized in the northern region of Bangladesh, especially the great lemanderin area. However, over the last few years, farmers scattered crossways the country are reverting to tobacco cultivation much at the expense of rice nation. Moreover, to offset effects of rain and removal of government incentives, companies like BAT offer monetary allowance to farmers. Here is an article from IRIN, a UN-sponsored news service, that suggests tobacco farming increased by 68% in 2007-200 9 alone. dissertation more broadly about t! he Bangladeshi equity market: 1. Consumer companies: which new(prenominal) listed companies you would...If you want to get a full essay, order it on our website: OrderEssay.net

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