CARLSBG (2836)

Carlsberg Brewery Malaysia Bhd is a Carlsberg Group subsidiary that produces and sells beer, stout, cider, shandy and nonalcoholic malt beverages in Asia.

MQ Fundamental Rating

Figure 1: CARLSBG’s daily chart in 3 years.

According to MQ fundamental rating of CARLSBG, it passes MQ Trader’s criteria (MQ Fundamental Rating > 2.5) to be categorized as a stock with good fundamentals. Figure 1 further supports this statement, as CARLSBG’s share price is increasing in 3 years showing that its value is appreciating with time. Hence, it is a stock that is suitable to be placed into our watch list for long term investment. 

Figure 2: Annual revenue of CARLSBG

Figure 3: Annual profit of CARLSBG

Figure 1 and 2 shows that both annual revenue and annual profit are growing steadily annually and having the similar trend. This proves that its sales have been converted to profit every year.

Figure 4: Annual ROE of CARLSBG

Additionally, CARLSBG’s ROE is growing tremendously especially during T4Q which generates more than 50% higher ROE than the previous year’s. Based on the fundamental analysis above, CARLSBG has a great potential to grow due to its healthy financial result with continuous growth in earning and return.

MQ Technical Rating

CARLSBG is undergoing bullish trend at the moment, as its MQ Technical Rating is higher than 3.0/5.0 which is the benchmark set by MQ Trader to be considered as a bullish stock. The main reason is contributed by the excellent financial result of the last quarter as well as high expectation on the sales of beer which is boosted by Chinese New Year.

EMA 5 Crossover Hourly Chart

Most of the MQ Trader trading strategies are showing buy signal in the technical chart. The most recent buy signal has been captured in EMA 5 crossover hourly chart indicating that the buying momentum is stronger than selling momentum at the moment.

MQ Live Backtesting

To confirm the buy signal quality, MQ Live Backtesting is performed and it gives a positive rating. The average return based on past 30 signals shows that the highest average return can be obtained on T+3 (23/1/2018) after the release of Backtesting result.

Figure 5: CARLSBG’s hourly chart

A spike is observed and detected by MQ Backtesing on the technical chart. Based on the calculation above, approximately 1.30% of return which is higher than expected average return (0.66%) can be earned within 3 days if MQ Backtesting result is followed.

Conclusion

For the time being, we can start to seize opportunity in entering our position by using MQ Trader trading strategies for buy signals. For short term traders, coupling MQ live backtesting with technical indicators is a good strategy to earn profit within a short period. However, one of the risks that traders especially day traders have to take note is CARLSBG has low trading volume which might lead to low liquidity of the shares.

MQ Trader Analysis Tool

To view CARLSBG’s fundamental analysis on MQ Trader: https://klse.i3investor.com/mqtrader/sf/analysis/fa/2836

To view CARLSBG’s technical analysis on MQ Trader: https://klse.i3investor.com/mqtrader/sf/analysis/stkta/2836

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Disclaimer

This article does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties in the Internet. We may or may not hold position in the stock covered, or initiate new position in the stock within the next 7 days.

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