Carlsberg just announced Q2 result and declared Interim Dividend of 5 Sen and Special Dividend of 2.5 Sen, total up to 7.2sen dividend. Bravo, another good Q !! Net profit of 30m for this Q about 250% increase compare to previous corresponding Q. Thanks to the World Cup and the synergy from Carlsberg (S) aquisition. Earnings per share for the quarter grew to 10.08 sen versus 4.21 sen a year ago.Simply, by adding Q1 EPS with Q2 EPS, we get 12.38 + 10.08 = 22.46 sen. 2 more Q to go, just X2 we get a total estimated 22.46 * 2 = 44.92sen.
PE = 5.2/44.92 = 11.57
FV = 15 * 44.92 = RM 6.73 (ho ho ho)
Making money just as simple as that. Buy this type of value stock and keep them for long term. AHA, would not it just as simple as 123....
1. buy...
2. keep....
3. rewards.... :) :)
1 comment:
elmo,
i saw there was an announcement on GENM that, they r having shares buyback now. maybe can hold till they are done.
376mil shares for next 10 mths to be acquired. :)
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