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BUD (the King of Beers)
| April 7th, 2023 at 11:52:53 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 30 Posts: 2506 | Looking for weaknesses, besides BUD's leveraged buyouts. The SABMiller bond deal was the second highest in history at the time. Those bonds could be deep under water, because of rates rising, so I have to check if they're marked to market. Below is a link to a monthly log chart of BUD. Image can be clicked on to expand the chart. Price is currently at the 50% log retracement from the all-time high to the all-time low (horizontal). Price is also bumping against diagonal resistance of previous highs (white line). The bottom white trend-line is downward sloping and represents strong support. There's only about a half to be made ($60B), not more than a half. -------------------------------------- https://imgur.com/6joHH9U -------------------------------------- |
| April 7th, 2023 at 8:26:31 PM permalink | |
| Gandler Member since: Aug 15, 2019 Threads: 27 Posts: 4256 | I love how all you guys on the right became obsessed with reading into the markets to see if bud will tank in the last two days. I guarantee nobody on the left cares either way. Heck, there are companies out there that I think are genuinely evil and I don't follow their value. The fact that a rainbow beer can (IE a nothingburger) is causing this outrage and obsessive pattern following is pretty silly. If this is what is causing drama in your heads and not what they did during the World Cup, you need to reevaluate your sense of morals. Of all the things to hate bud about, this is not something that should be causing this level of alarm or obsessiveness. |
| April 8th, 2023 at 4:04:38 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 30 Posts: 2506 |
Good post. It's good you posted some of their strengths so we can come back later and compare their state. I posted a chart showing the current price being a Fibonacci retracement of 50% (see my previous post). Only a weak firm would be at a 50% level with as much cash as the central banks injected. When the central banks pumped trillions during Covid when the low was hit (not just the USA, since this is an ADR), price was only able to retrace upward to the 61.8% line. Also, price was not able to break-out of the downtrend since 2016 after they incurred massive debt as the result of buying SABMiller. They are doing good (gutting the firm's assets) to pay down their debt since 2016. That's what leveraged buyout corporate raiders do. But they still hold too much debt (see article I posted on their debt). About only 20 stocks in the S & P 500 were responsible for the upward index moves since Covid. So it can make investors believe the economy is fine since the indices are so healthy but they're controlled through ETFs buying the same 20 firms. But much of the injected cash flowed to BUD's bottom line, even though they didn't participate in the Covid dead cat bounce, like the top 20 stocks. So the cash injections created an illusion of health for BUD. And they were very fortunate to be able to pay down their debt as much as they did. |
| April 8th, 2023 at 4:27:36 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 30 Posts: 2506 | Both reports are lengthy. BUD's report came out on 3/17/2023. I didn't want to access BUD's site directly because they have an age restriction that must (?) be entered. The WEF report was preliminary to Klaus Schwab's book "The Great Reset". WEF is a way for smaller countries (like Switzerland) to gain power to access larger country's resources (socialism) but he calls it stakeholder capitalism. See earlier post for the BUD and WEF connection. ------------------------------- BUD's most recent Annual Report: https://fintel.io/doc/sec-anheuser-busch-inbev-sa-nv-1668717-20f-2023-march-17-19433-5046 ------------------------------ WEF's 2010 report: https://www3.weforum.org/docs/WEF_GRI_EverybodysBusiness_Report_2010.pdf ------------------------------ |
| April 8th, 2023 at 4:44:30 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 30 Posts: 2506 |
The purpose of the post was to establish the general political environment in which BUD is operating. The attack of women. So two women don't cross party lines and another woman would break the tie. And they're the ones being attacked and don't even know it. We've already hashed out specifics of each others thoughts as it related to BUD on another thread. So no need to continue the hashing, unless you want to. |
| April 8th, 2023 at 4:50:12 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 30 Posts: 2506 |
LP is Libertarian Party? If you'd like to vent about Jesus and/or followers of Jesus and your personal feelings, I'll try to help you work through it. I don't mind being a punching bag as long as it will help you. |
| April 8th, 2023 at 4:52:29 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 30 Posts: 2506 |
What is your favorite topic? |
| April 8th, 2023 at 4:56:31 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 30 Posts: 2506 |
Are you referring to Ivanka Trump, his daughter? If so, do you have a reference so I know what you're referring to? |
| April 8th, 2023 at 5:02:04 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 30 Posts: 2506 |
The commonality of both of the threads I posted in regards to the support of the Biden admin, is changing biologically sexes, not only youth. So BUD's actions could influence all citizens of the USA, directly or indirectly. I began drinking beer about age 12-13. |
| April 8th, 2023 at 5:10:16 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 30 Posts: 2506 |
Exactly. For a commodity based big boy to get bigger, they usually have to acquire firms (cannibalize). Then gut the employees and consolidate plants. The Biden executive order is designed to limit the big boys, specifically beer. Hence, the social actions of BUD to entice the Biden admin to let them acquire more firms and increase market share. By the way, BUD had a transsexual TV commercial as early as 2016. So it's been downhill since then. However, they likely can continue to acquire foreign firms with ease outside of the USA jurisdiction but the quality access wouldn't be as good as the USA (richer). |