Saturday, April 16, 2011
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.