Carlsberg’s financial year end net profit 85.904 million decrease by 3.13% and a final dividend 7.5sen & special dividend 24.5sen less tax was declared. As I mentioned earlier in my post normally the bigger portion of dividend will be declared around this time, the question is will this poor result constitute to a price drop in Carlsberg share or a total 32sen dividend is enough to cushion the drop or spite up the price?
One should not expect much on Carlsberg as this is the nature of this share all this while. I doubt the result will have any great impact on share price in fact it might surge further if it able to break through the resistant price at RM5.60 (refer to chart). Carlsberg is currently on the uptrend & always remain for dividend play in my portfolio and I would recommend HOLD on this stock.
One should not expect much on Carlsberg as this is the nature of this share all this while. I doubt the result will have any great impact on share price in fact it might surge further if it able to break through the resistant price at RM5.60 (refer to chart). Carlsberg is currently on the uptrend & always remain for dividend play in my portfolio and I would recommend HOLD on this stock.
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