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Overview
Financial Highlight
HeadlinesBusiness Background Carlsberg Brewery Malaysia Bhd is a Carlsberg Group subsidiary that produces and sells beer, stout, cider, shandy, and nonalcoholic malt beverages in Asia. The company produces its products in Malaysia, and nearly all sales are in Malaysia and Singapore. Carlsberg Brewery Malaysia also exports products to Sri Lanka, Thailand, Taiwan, and Hong Kong. Carlsberg is the company’s flagship brand. Other brands include Kronenbourg 1664, Somersby Ciders, Asahi Dry, Royal Stout, Skol, Jolly Shandy, Nutrimalt, Connor’s Stout Porter, and Corona Extra.
  Stockgod8 My news inform that big portion of alcohol in Malaysia market are fake, they have 100% similar sticker and packaging. Is Carlsberg still an attractive share if fake beer getting more and more popular? 07/05/2017 12:51 Kensington on 17 May, the Co announced that it has cancelled all of its 2.33 million treasury shares, thus making each share of its outstanding 305.7 million stock proportionately more valuable. 19/05/2017 19:10 Good_stock Switching my portfolio to Petronm given its surprising 2q result soon...... Please refer to https://klse.i3investor.com/blogs/david_petronm/129620.jsp 10/08/2017 09:26 pakatan_harapan2 NGOs protest against beer festival in Shah Alam Read more at https://www.thestartv.com/v/NGOs%20protest%20against%20beer%20festival%20in%20Shah%20Alam#HCetmfXY35vxhO65.99 22/09/2017 22:38  Activeinvestor Switching my holdings to Petronm ------------------------------------------------------------------------------------------------------------------------------- Extract of Analyst Report from RHB Petron Malaysia Fuel Happy We initiate coverage on Petron with a BUY recommendation. Our TP of MYR16.20 (60% upside) is based on a 12.5x FY18 P/E. The company owns over 580 service stations nationwide, distributing gasoline, diesel and LPG products. Petron also owns an 88,000bpd refinery in Port Dickson, Malaysia with a Nelson Complexity Index of 3. We believe the refinery would provide the company with a competitive advantage, thereby enabling it to take advantage of refined product spreads. Third largest retail station operator in Malaysia. Petron Malaysia (Petron), a major fuel retail distributor in Malaysia, has the third largest market share in the country behind Shell and Petronas Dagangan (PETD MK, NR). It owns over 580 service stations nationwide, distributing gasoline, diesel and LPG products. Besides retail marketing, the company also owns an 88,000bpd refinery located in Port Dickson, Malaysia with a Nelson Complexity Index of 3. The refinery is capable of producing gasoline, diesel, liquefied petroleum gas (LPG), kerosene and low sulphur waxy residue (LWSR). The refinery has an average utilisation rate of c.50% due to the unfavourable economics of LSWR which, in turn is due to its low complexity rate. The company is 73.4%-owned by Petron Corp, the largest oil refining and marketing company in the Philippines. The refinery could provide alpha. Its retail fuel segment plays a volume game, ie the more retail stations imply a higher volume. As such, we expect its retail volume to grow by c.4% each year, driven by the opening of new stations. Our base case scenario assumes Petron would open 15 new stations every year. Its commercial fuel segment earnings are driven by spreads for naphtha, kerosene and LSWR. We expect spreads for naphtha and kerosene to range between USD2-7/bbl for the long term. As such, we believe the commercial fuel would provide the company with a higher earnings growth potential, compared to that of its peers. Healthy balance sheet. As of 1H17, it is a net cash company; we expect Petron to end FY17F in a net cash position. Total borrowings are at MYR66.4m, while its cash position is at MYR156m. This is comparable to the situation at the end-FY16, when it was in a net debt position of MYR136m. Net cash from operations and free cash flow has been on an increasing trend, attributed to better cost management as well as the asset performance mechanism (APM), which transmits changes in oil prices to retail fuel prices. BUY. We initiate coverage on Petron with a BUY recommendation, supported by a TP of MYR16.20. We arrive at our TP by pegging a 12.5x P/E to FY18F EPS of MYR1.30. As a comparison, Petronas Dagangan is trading at 24.6x P/E for FY18, at a 70% premium to Petron. We like Petron as we believe its retail fuel segment would provide a stable base of earnings due to the APM mechanism, while its commercial fuel segment would provide an earnings boost, an advantage the company holds over its peers due to its refinery. 03/10/2017 09:41 LeeFoundation Ooi Teik Bee According to the chart I checked. Bought Petdag on 1/1/2007 at 3.43. Price on 30/12/2013 at 28.54. You must make a lot of money. Bought Petdag on 1/1/2014 at 28.54. Price on 10/11/2017 at 21.60. You must lose a lot of money. If you believe very strongly on Petdag, Petdag is on strong down trending now, please buy more at 21.60 now. I need to correct my earlier statement, the price of Hengyuan will overtake the price of Petdag in 2019, definitely not 5 years. Thank you. Ooi 12/11/2017 15:58 Pls note Petronm will fly together with HY too 12/11/2017 22:11 Guy2017 Are we talking about beer or oil now? Hello... if talk oil, better not to confuse us. We are mabuk now ! 30/11/2017 19:32 Crazy11223 Some ppl don't know this forum is for Carlsberg, bcos he is idiot, always talk ABT others 12/01/2018 07:48 PureBULL . PureBULL . > Feb 8, 2018 01:01 PM | Report Abuse X Dear kpolee22, " BREAKOUT!! BUY NOW BEFORE FLY.. LOOK AT CHART URSELF " CORRECT CORRECT CORRECT It has NEVER been a better time to LONG CARLSBG now ... CHEERS always 08/02/2018 15:49 Activeinvestor Sold most and now switch to Petronm for its low pe high net cash biz 12/02/2018 14:47 PureBULL . PureBULL . > Feb 14, 2018 04:04 PM | Report Abuse X CARLSBG, Finally it's abt to begin flying now at RIGHT Timing 14/02/2018 16:12 gooman Kesm is a good buy now. Its outlook is very good after the recent AGM.It is likely to surge befor e the next QR announcement. Automotive semiconductor stock 19/02/2018 08:24 Imposterranger Dragonpick Let Petronm stablise for the time being and you will see the hidden super powerful reward it will bring later on the back of its : 1. Healthy and debt free B/S; 2. Strong net cashflow; 3. Steady biz growth; 4. Higher dividend payout; 5. Attractive P/E < 10; 6. Opening more retailing petrol stations; 7. Prudent and quality management team; 8. On the radar of Public Invest and RHB Invest. 23/02/2018 13:38 23/02/2018 13:43 Kensington Investors are seeing real value in this counter as a strong dividend counter you can rely on. 07/03/2018 19:57 Sebastian Sted Power although my entry price is slightly high at 18-19; but late better than never 08/03/2018 09:31 yuanlong57 Better late than never. I went in at 18.10. Since then it went up till all-time high of 20.20. Drinking stock like Carlsberg don't get drunk despite market volatility, only drinkers do. LOL. 09/03/2018 23:12 yuanlong57 Michael Yeo With KLSE Screener apk as reference, the RSI (14): 96.03 is almost at bursting point. 13/03/2018 20:50 Matthieu Seven Can I ask my brother attend AGM on behalf of me? IS there any proxy form to fill to allow someone attend on behalf? I dont think will purposely fly from sarawak to attend any AGM in KL 14/03/2018 00:48  bobby Hi Mathieu seven, yes you can appoint proxy to attend the agm... you can download the annual report 2018 from the link below.. https://carlsbergmalaysia.com.my/investor-relations/annual-reports/ The proxy form is within the last few pages of the annual report.. 17/03/2018 19:38  bluebiznet Panic buy on carlsberg today yet heim declare 50sen dividend. Wrongly target ah? LOL 11/04/2018 20:11  |
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