MCO extended until 28th April...If the graph is not flattened, MCO will be further extended to May..take profit and cut loss now since permit is revoked until MCO..better to have cash in hand at this unforeseen wave of impact.
Carlsberg has had be in manufacturing operation since MCO; but stopped short when PAS came in to voice out their disatisfaction. May Carsberg and Henniken need lots of blessings from this new goverment; I hope. No wonder trading trading volumes have shrinked so much; since the stop order.
The business has a strong competitive edge over imported alcohol due to the high import tax. Once the economy is opened, sales would begin to normalized but at a lower range. The company has a strong cash position and should be able to weather this storm. https://focusinvesting484855354.wordpress.com/2020/04/22/carlsberg-vs-heineken/
This year bad year All events cancel this year Hotels closing down everywhere Genting close till further notice Wedding dinners extend to 2021 later GG edi folks.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mamatede
3,950 posts
Posted by mamatede > 2020-03-25 09:55 | Report Abuse
Soon trader will need to accept the reality that 2020, in Q1 and maybe Q2 will be very weak due to MCO.