- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Is BUD a buy?
Posted on 5/22/23 at 1:12 pm
Posted on 5/22/23 at 1:12 pm
Buy low. BUD, by most measures is low.
Was 66 when the tranny issue hit. Now at 58.
16 PE.
1.3% dividend and they just raised it.
Sales are being hit but does anyone think that they won’t rebound?
Was 66 when the tranny issue hit. Now at 58.
16 PE.
1.3% dividend and they just raised it.
Sales are being hit but does anyone think that they won’t rebound?
25
Posted on 5/22/23 at 1:35 pm to SlidellCajun
NO ONE is buying it. I work at a Cajun restaurant/bar and bud light was by far the top selling beverage. We from selling 15-20 a night, to 2-3 a week.
All my regulars who only drank bud light, won't touch it. They've all sworn it off.
So no, I don't think it'll rebound.
All my regulars who only drank bud light, won't touch it. They've all sworn it off.
So no, I don't think it'll rebound.
Posted on 5/22/23 at 1:42 pm to SlidellCajun
I'm a buyer at around 50.
I'm happy to be proven wrong, but every time there is some sort of social justice boycott, it dies out within a few months.
Would love to be wrong on this, but I can't think of a time where a boycott had a lasting affect.
I'm happy to be proven wrong, but every time there is some sort of social justice boycott, it dies out within a few months.
Would love to be wrong on this, but I can't think of a time where a boycott had a lasting affect.
This post was edited on 5/22/23 at 1:44 pm
Posted on 5/22/23 at 3:48 pm to SlidellCajun
I sold mine to sideline money in case there is a recession. I would not touch it. However there could be a short squeeze in the future.
Posted on 5/22/23 at 5:30 pm to SlidellCajun
Tranny stock.
Posted on 5/22/23 at 6:28 pm to SlidellCajun
16 PE with earnings pre-boycott?
What % of sales is Bud Light? I’m assuming they have more than beer but maybe not. What % of sales is beer?
What % of sales is Bud Light? I’m assuming they have more than beer but maybe not. What % of sales is beer?
Posted on 5/22/23 at 6:41 pm to SlidellCajun
quote:
Sales of the US’s No. 1 beer were down 24.6% for the week ended May 13 compared to a year ago — slightly worse than the 23.6% dip they suffered a week earlier, according to Bump Williams Consulting and Nielson IQ research. Even more alarming, industry experts say, is the negative impact on Anheuser-Busch InBev’s other brands, including Budweiser, Michelob Ultra — with the latter being the nation’s No. 3 beer last year with more than $3.3 billion in sales last year. Michelob Ultra sales were off 2.9% versus a year ago in the latest week, in line with a drop a week earlier, according to a Bump Williams analysis of Nielsen IQ data. Sales of Budweiser, last year’s No. 7 beer with more than $1.8 billion in sales, were down 9.7% in each of the two most recent weeks. “Bud Light is ‘sick,’” Bump Williams,
Posted on 5/22/23 at 7:19 pm to SlidellCajun
16 isn't that great a PE and 1.3% isn't that great a yield.
I'd hold off. They'll likely have an earnings miss on their next quarterly report.
I'm just glad I picked $TAP instead of $BUD at the start of the pandemic.
I'd hold off. They'll likely have an earnings miss on their next quarterly report.
I'm just glad I picked $TAP instead of $BUD at the start of the pandemic.
Posted on 5/23/23 at 8:58 am to SlidellCajun
Their Q2 numbers should be awful. I would wait until 2 days after their next ER report to buy if you are going to.
I had an old friend a long time ago that told me no matter what happens with the economy or life in general.. people are always going to keep drinking.
I had an old friend a long time ago that told me no matter what happens with the economy or life in general.. people are always going to keep drinking.
Posted on 5/23/23 at 9:15 am to SlidellCajun
quote:
Is BUD a buy?
IMO no. They alienated their customer base to grow in an area that was never going to grow. Just baffling how out of touch these people are.
Posted on 5/23/23 at 9:17 am to SlidellCajun
lol, the ESG lovers are trying to keep it pumped up.
If I was into shorting, I would place a 4 or 5 month expiring one on it.
If I was into shorting, I would place a 4 or 5 month expiring one on it.
Posted on 5/23/23 at 4:58 pm to SlidellCajun
If by buy, you mean buy some long-dated puts than hell ya I’m buying. Their next earnings is going to be uglyyyyy
Posted on 5/23/23 at 5:47 pm to SlidellCajun
When you have pissed off your core audience it's not going to be an easy fix. Ask the Dixie Chicks how long it took them to be somewhat forgiven for their little stunt of pissing off their core Audience. Agree the next earnings report will be UGLY. If you can hold out to then it should be around 50 or less. Bud better hope the Core group now boycotting doesnt find another cheap beer to stick with. If that's the case hope it was worth it.
Posted on 5/23/23 at 8:04 pm to SlidellCajun
quote:you dont lose 25% of your base and expect them to come back. Ever.
Sales are being hit but does anyone think that they won’t rebound?
Posted on 5/24/23 at 11:27 am to SlidellCajun
quote:None of this strikes me as particularly enticing in a 5% interest rate environment especially.
16 PE.
1.3% dividend and they just raised it.
Posted on 5/24/23 at 2:21 pm to SlidellCajun
I would wait until Go Woke Go Broke hits home still too early IMO
Posted on 5/24/23 at 9:01 pm to SlidellCajun
If your queer
Posted on 5/30/23 at 9:45 am to SlidellCajun
Dang Bud sure hope it was worth losing 25% of base to try and gain barely 1%.
Posted on 5/31/23 at 9:05 am to SlidellCajun
Bud Light's new marketing team royally screwed the pouch with their woke stupidity. The brand will recede to a pool of gay bars.
Wait until what AB marketing does after stepping into the honey bucket. If they double down, remember to jump over the barrel of alcohol after sliding down the razor blade.
Wait until what AB marketing does after stepping into the honey bucket. If they double down, remember to jump over the barrel of alcohol after sliding down the razor blade.
Posted on 5/31/23 at 10:22 am to SlidellCajun
quote:
Was 66 when the tranny issue hit. Now at 58
and eight days later it is at $53.30
Do not try to catch a falling knife
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News