Posted by alibiii > 1 month ago | Report Abuse

Don't forget this year CNY is on February so festive purchase will roll over to Q1 24 from Q4 23.

Posted by observatory > 1 month ago | Report Abuse

Analysts like to mention the early/ late CNY effects. However, it’s hard to find the evidence from the historical revenue data.

For example, the CNY of 2017, 18 and 19 fell on 28Jan (early), 16Feb (late), 5Feb (normal). The Q1 as a percentage of full year revenue was 21% (low), 21% (low) and 23% (low).

2023 CNY fell on 22-January (early), but 1Q23 revenue as a percentage of FY2023 was 28% (high).

Of course, this maybe explained by the weak consumer sentiments in the subsequent quarters of 2023. Maybe the revenue distribution was also skewed by price hikes (unfortunately I don’t have volume data to work out the effects).

My point is the data doesn’t seem to show much of a correlation.

Posted by yielder > 1 month ago | Report Abuse

If Heineken shift factory to Vietnam, and close down all Malaysia brewery, how much will this share worth? will it drop 90% to RM 2? since that's the only asset they have in Malaysia.

Posted by sell > 1 month ago | Report Abuse

Sales, EPS(profit) drop who chased high? Avoid better.

Posted by rickygiam > 1 month ago | Report Abuse

when is 88cents dividend approved?

Posted by rickygiam > 1 month ago | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2024/03/28/heineken-carlsberg-beer-prices-to-go-up-by-5/

Posted by rickygiam > 1 month ago | Report Abuse

I wonder will go up next weeek...

Posted by pushparaj > 1 week ago | Report Abuse

Final dividend declared 88 cents. Ex date 27th JUNE

Posted by rickygiam > 1 week ago | Report Abuse

Such good dividend also drop so much?? Can buy??

Posted by ElijahYH > 5 days ago | Report Abuse

IF u got healthy cash flow, surely u can buy 😁 btw, It doesn't drop like Carlsberg. ha

Posted by yielder > 4 days ago | Report Abuse

is Heineken mostly selling to local market? or made for export