I remember the first time I bought Carlsberg - about RM5.80 (during the GFC) which subsequently fell to 3.60. Then sold all at about RM4.50. A sad story indeed.
This Heim AGM actually provide a good business indicator during RMCO recovery for Heim witj 80 to 85% business sales back to pre Covid19 time during Mid Jun to end Aug. Roughly estimate, the business will go back to 85% prior pre Covid19 business sales. Expected robust recovery towards 85% revenue and earn profit back in Q320 and subsequently full business operation and sales back recover back to previous Q419 on YoY comparison especially during year end sales.
HEIM shoot up, opportunity big for Carlsberg to follow up higher. We all know coming Q3'20 Qtr result will be way better than Q2'20 due to MCO lock down mid Mar till mid Jun to lift off. So expected Q3'20 July to Sep result be much better, assumption hit EPS 18 to 20sen conservatively based on 80% to 85% business sales recovery in Q3'20 per HEIM AGM stated. Dont miss this opportunity to climb above share price RM30.00. Prior pre-Covid19 Carlsberg end Feb hit RM38.80, so estimate RM30 sound reasonable.
Carlsberg has business in Singapore. Whereas Heineken only in Malaysia. Singapore business control by Asia Pacific Brewery. So maybe this the reason always Carlberg shares are higher than Heineken.
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....
hendrycheah
441 posts
Posted by hendrycheah > 2020-09-08 10:48 | Report Abuse
@sheldon, buy both, then u own 99% of malaysia beer marrket