Analysis file – CARLSBG-FY17-Q3
9MFY17 results were quite impressive even if so many people complaint “no money”. YoY growth rate of revenue and net profit was 7.7% and 8.4% respectively.
As Q4 2017 and Q1 2018 are festival seasons, I expect consumption of alcoholic beverages to be relatively higher. Thus, I expect #CARLSBG will enjoy very fruitful FY17 closing.
In my opinion, at 15.94, valuation of CARLSBG is fully valued where I believe its fair value range from 14.7 to 16.2. Its dividend yield is around 4.8%.
As of now, I won’t accumulate #CARLSBG, but to hold it for extremely high dividend yield as my average cost for #CARLSBG is extremely low.
At the time of writing, I owned shares of #CARLSBG.
https://lcchong.wordpress.com/2018/01/31/carlsbg-updates-31-jan-2018/
