New Toyo

[Curiousparty]

Tien Wah has seen several thousands lots (its total no of shares = 99mil) of shares transacted in recent days.
By the way, New Toyo is still languishing. The following development is very positive indeed for Tien Wah and New Toyo...

*******
CTBAT International Limited Has Officially Commenced Business Operations
30 August 2013
CTBAT International Limited, a joint investment of subsidiaries of China National Tobacco Corporation and British American Tobacco and incorporated in Hong Kong, has commenced official business operations recently.
The Joint Venture is created in accordance with the Joint Venture Agreement signed by both companies. It will own and manage worldwide international cigarette trademark State Express 555. It will also own the worldwide rights outside China to the leading brand Shuang Xi.

[Louhan]

New Toyo shares are thinly traded, and its share price is languishing indeed. There isn't any interest and news about New Toyo lately.

[pianist]

surprised by this news
the disposal of NTPS’s 100% equity stake in Nanning Shen Jiu Packaging
Materials Company Ltd for RMB13.3 million

[potatolover]

surprised by this news the disposal of NTPS’s 100% equity stake in Nanning Shen Jiu Packaging Materials Company Ltd for RMB13.3 million

may I ask if you are pleasantly or negatively surprised ? Tks

[pianist]

surprised by this news the disposal of NTPS’s 100% equity stake in Nanning Shen Jiu Packaging Materials Company Ltd for RMB13.3 million

may I ask if you are pleasantly or negatively surprised ? Tks

mixed feelings la :] what about u

[potatolover]

With so much excess cash (at 3Q - $58mil; probably reaching $70mil by Q4) on balance sheet and more to come from the rationalization of land holdings and disposal of properties/investment properties, it should not come as a surprise that a few more rounds of special dividends might be on way...

[potatolover]

New Toyo paid out $10mil or 2.28 cents of special dividend 6 months ago....

Going by the amount of cash now , it can dish out 7 rounds of special dividends ...

[Boon]

Smoker numbers edge close to one billion

By Michelle Roberts
Health editor, BBC News online
8 January 2014

Although smoking is becoming less popular in many parts of the world, the total number of smokers is growing, global figures reveal.

In 2012, 967 million people smoked every day compared with 721 million in 1980, data from 187 countries shows.

The rise is linked to population growth, researchers told JAMA.

With the Earth's population having more than doubled in the last 50 years to seven billion, there are simply more people to take up the habit.

Several large countries, including Bangladesh, China and Russia, have seen increasing numbers of inhabitants take up smoking in recent years, the figures show.

Indeed, some of the highest smoking rates are now seen in the developing world, according to the JAMA report from the University of Washington's Institute for Health Metrics and Evaluation (IHME) in the US.

But global smoking prevalence - the proportion of the world's population that smokes - has gone down.

Around three in 10 men (31%) and one in 20 women (6%) now smoke daily compared with four in 10 men (41%) and one in 10 women (10%) in 1980.

In terms of countries with the highest prevalence of tobacco use, East Timor tops the list with 61% of its population smoking every day.
____________________________________________________________
Countries with the highest and lowest smoking prevalence for men in 2012
Highest:

East Timor
Indonesia
Kiribati
Armenia
Papua New Guinea
Lowest:

Antigua and Barbuda
Sao Tome and Principe
Nigeria
Ethiopia
Ghana
Source: IHME study published in JAMA
____________________________________________________________

The twin Caribbean islands of Antigua and Barbuda are bottom at 5%.

Certain countries, including Canada, Iceland, Norway and Mexico, have been more successful than most at getting inhabitants to either quit or never take up smoking.

In terms of ill health, the greatest toll is likely to be in countries with both a high prevalence of smoking and a high consumption of cigarettes, say the researchers - namely Greece, Ireland, Italy and Japan as well as China, Kuwait, the Philippines, Russia, Switzerland and Uruguay.

Lead researcher Dr Christopher Murray, who is director of the IHME, said: "Despite the tremendous progress made on tobacco control, much more remains to be done."

The World Health Organization says millions of additional lives could be saved with continued implementation of policies such as increased cigarette taxes and smoke-free air laws.

Amanda Sandford of Action on Smoking and Health (ASH) said: "As the overall number of smokers worldwide is still rising, this study shows how important it is for all countries to implement a range of tobacco control measures to curb the terrible toll of tobacco-related illness and death.

"Low and middle-income countries in particular face an enormous challenge to fend off the powerful tobacco industry and stop smoking rates escalating."

Simon Clark, director of the smokers' group Forest, said: "We support campaigns that educate people about the health risks of smoking.

"However, many tobacco control policies involve excessive restrictions on where people can smoke and the deliberate stigmatisation of millions of consumers worldwide."

He added: "Tobacco is a legal product and consumers should be treated with respect, not vilified or forced to quit through extreme and often illiberal regulation."

Globally, an estimated 6.25 trillion cigarettes were smoked by people during the year 2012 compared with 4.96 trillion in 1980

http://www.bbc.co.uk/news/health-25635121

(not vested)

[Curiousparty]

http://www.cnbc.com/id/101352537

If BAT goes on M&A to take over say Imperial or Reynolds Americans (increase stakes) , to what extent would New Toyo benefit?


"British American Tobacco will soon be free to build on its 42 percent stake in Reynolds American Inc. But bankers say British American could also take interest in U.K. rival Imperial Tobacco Group if it can overcome antitrust hurdles in Europe. CNBC's John Jannarone explains."

[wahkao]

http://www.cnbc.com/id/101352537

If BAT goes on M&A to take over say Imperial or Reynolds Americans (increase stakes) , to what extent would New Toyo benefit?


"British American Tobacco will soon be free to build on its 42 percent stake in Reynolds American Inc. But bankers say British American could also take interest in U.K. rival Imperial Tobacco Group if it can overcome antitrust hurdles in Europe. CNBC's John Jannarone explains."

no affect at all