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CARLSBERG -B- (CARL-OMX)

TOP PICK
(Top Pick Jan 30/12, Up 1.22%) Stable revenue business. 40% earnings are from Russia. Are taking out a major competitor that will be accretive. Recovered quite nicely. It has recurring revenue.
TOP PICK
Carlsberg Beer. (Trades on the OMX Exchange). Became a value stock last year when it fell on the back of some weak earnings from Russia. Russia accounts for about 40% of the company's earnings. Expect that beer production will increase going forward.
TOP PICK
Company is based in Denmark, worldwide company. Largest brewer in old Soviet Union. Russian government is worried that Russians drink too much and came out with new laws. Now people are going back to their habits. Their volumes are coming back. There is lots and lots of upside on this one.
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