will carlsberg continues to soar? That's kind of difficult to answer.
carlsberg stock has been doing exceptionally well recently. Dated back to one month ago, if history is a good guide in decision making, we shall reach to a conclusion that the approximate RM1 appreciation on paper, from march to mid april signals some exciting selling to realize the gain. Will the trend keeps going? A slip is anticipated due to potential shorting on carlsberg. However, upon that continual appreciation is foreseeable in view of the products that truly catch the heart of non-muslim buyers in malaysia both citizens and foreign visitors.
Note: above is just my own personal judgment.
