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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 RUFshreve
But international sales are not being hurt the way yours are.
As a matter of fact, they’re increasing for all brands.
As a matter of fact, they’re increasing for all brands.
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 1:47 pm to I Love Bama
quote:
Would love to be wrong on this, but I can't think of a time where a boycott had a lasting affect.
Unlike most other things, beer is an easy boycott.
Posted on 5/22/23 at 2:18 pm to RUFshreve
quote:I thought this thread was about a stock? Not your observations selling cheap beer to old drunks.
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.
OP, I've been looking into BUD some, but don't think I'm a player at it right now. Maybe somewhere below 55 and I might be.
FWIW, maybe check out PayPal if you're looking for a stock/company that's down with nice upside potential. I pulled the trigger a couple times last week on it. Once a little south of $62 and the next around $61.25. I plan on holding these for a few years while PayPal is working through this little funk. Prepandemic levels (before PayPal skyrocketed) it was in the ~$100 range, fwiw.
Posted on 5/22/23 at 2:57 pm to West Palm Tiger561
Cheap shite beer is an easy boycott because you can switch to another cheap shite beer 
Posted on 5/22/23 at 3:11 pm to saint tiger225
quote:
I thought this thread was about a stock? Not your observations selling cheap beer to old drunks.
I think some anecdotal evidence on the sales of the products that the company sells fits for a stock discussion. Based on his numbers they lost 90% of sales at that one restaurant. Probably not that large across the country, but its pretty significant.
Once people have switched to Miller or Coors, will they come back to Bud light even if the stigma has worn off?
This post was edited on 5/22/23 at 3:16 pm
Posted on 5/22/23 at 3:17 pm to Hermit Crab
idk. as a drinker of shite beer, at some point i started asking for budlight when i went to the bar, then it just started naturally rolling off the tongue when ordering cheap beer. once i get in the habit of ordering another shite beer, im going to have to consciously switch back over to budlight for whatever reason. like the other poster said they are easily substituted.
Posted on 5/22/23 at 3:20 pm to Hermit Crab
It was just a cheap shot by me. Messing around.
To your question, I think as others have mentioned
It's why I definitely wouldn't be in on it now. The current shite storm surrounding them is too recent and I think the stock will continue to suffer some. Even if it makes it to $55 or $50, I'm not even sure I'd be a buyer, but I'd definitely take a deeper look into it.
To your question, I think as others have mentioned
quote:
Unlike most other things, beer is an easy boycott.
It's why I definitely wouldn't be in on it now. The current shite storm surrounding them is too recent and I think the stock will continue to suffer some. Even if it makes it to $55 or $50, I'm not even sure I'd be a buyer, but I'd definitely take a deeper look into it.
Posted on 5/22/23 at 3:29 pm to I Love Bama
quote:same, will probably get in before 50
I'm a buyer at around 50.
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 4:36 pm to leeman101
These types of boycotts don't work long-term, unfortunately, and even if they did, InBev is too big and has too many different products that it sells all over the world for this to have a permanent affect.
I will be monitoring the stock and likely buy if it continues to drop.
I will be monitoring the stock and likely buy if it continues to drop.
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 7:03 am to Bjorn Cyborg
quote:
These types of boycotts don't work long-term,
Yea tell that to Schlitz. Back in the '70's they were the king. Changed formula and crashed. If you were out of Schlitz, you were out of beer.
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.
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