Carlsberg EPs 0.9518 Par value 23.00 to 24.00. Future par value ? Further down from 23 to 24 as negative outlook. It makes good sense if big shark is to short sell. Good luck !!
Sold the remaining shares @RM20+ in August 2018 hoping to buy back at lower prices; however the price never looked back and went up all the way to RM39+ until the recent political turmoil.
In fact I switched from Carlsberg to Heneiken, but on looking back it was not such a smart move.
I hope to pick up some shares if the price bottoms out closer to RM21.
Current down is not on PAS. Price at 39 is a extreme bubble !! Par value is about 23_24 only. BUT, on CEO outlook comment, next FY is not going to be a good one. So, forward par value is at around 20 only. BUT, buy at par value, we have no margin safety, unless EPS is continue to grow. So, 18 till 16 is a safer bet . If not mistaken, Carlsberg is under attack by short seller too. Very bold , smart and brave move by the shark !!
PE 15x will look awesome, but of course if you have the option, it is better to pick the Carlsberg parent company listed in Europe because of higher reinvestment opportunity. But Carlsberg Malaysia is still a great steal at P/E 15. What you buy this year will determine your return for the next 10-15 years.
All shares prices unable to find their bottom yet due to uncertainty. Can covid19 be contained in short duration? Dont splander your hard earned funds. Be vigilant. This time is totally different. Caution.
the demand will slow drastically.....no tourists, no beer partying, no wedding dinner, no coffee shop.... and not seeing anyone buy beer in supermarkets to keep as essential items..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mf
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Posted by mf > 2020-03-06 01:24 | Report Abuse
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