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Posted on 4/12/23 at 10:23 am to Motownsix
quote:
stock is up $3.40 a share since the end of March.
It was twiced that before the tranny debacle. They were at an all time high of 9%, in March, now below 6. And this is just the beginning. 3% is going to hurt
Posted on 4/12/23 at 10:53 am to the808bass
quote:
Right. So I would think a targeted boycott of the product doing the idiotic campaign would be most effective. That’s Bud Light.
My rational is to get the attention of labels like Modelo who will then put pressure on their AB distributor that the idiot leading the Bud Light catastrophic and idiotic marketing strategy needs to be fired.
Posted on 4/12/23 at 3:47 pm to Motownsix
Last 5 days its down $4.60 (not counting Wed)
Today it was down $1.73 or 2.66%
Adding to prior 5 its now down $6.33 in last 6 trading days and 8.01%
And its just getting started.
Ball is who makes Bud can stock and they are down 8.94% in last 6 days. I think Bud is 13% of their overall annual sales, so that tells me Bud can orders have slowed way down.
Today it was down $1.73 or 2.66%
Adding to prior 5 its now down $6.33 in last 6 trading days and 8.01%
And its just getting started.
Ball is who makes Bud can stock and they are down 8.94% in last 6 days. I think Bud is 13% of their overall annual sales, so that tells me Bud can orders have slowed way down.
This post was edited on 4/12/23 at 3:57 pm
Posted on 4/12/23 at 3:57 pm to OU Guy
As has been pointed out in various threads, beer is one of the industries where you can see your response on short notice between direct distribution and the turnaround time on product because it is very perishable.
InBev going radio silent appears to be a sign that the numbers suck and they are hoping it goes away if they ignore it, staunching the bleeding.
The longer BL continues to sell poorly, the worse off they are.
Even if this is only a short time thing, it means that there is a LOT of product out there which is not getting sold.
If demand rebounds, it means a short term glut in beer before things return to normal.
If it doesn’t rebound, it means they now have a lot of capacity churning out something that doesn’t have the demand it used to. Which should scare the shite out of them for a number of reasons.
InBev going radio silent appears to be a sign that the numbers suck and they are hoping it goes away if they ignore it, staunching the bleeding.
The longer BL continues to sell poorly, the worse off they are.
Even if this is only a short time thing, it means that there is a LOT of product out there which is not getting sold.
If demand rebounds, it means a short term glut in beer before things return to normal.
If it doesn’t rebound, it means they now have a lot of capacity churning out something that doesn’t have the demand it used to. Which should scare the shite out of them for a number of reasons.
Posted on 4/12/23 at 4:07 pm to Motownsix
quote:
The stock is up $3.40 a share since the end of March.
@ you getting dragged over thisPosted on 4/12/23 at 5:02 pm to UncleFestersLegs
Lol yup. Thing is Bud Light is $4B in sales per year so the InBev valuation loss is more than a years wirth of total BL product.
——
Bud Light Update - Good news!
On 3/31, @AnheuserBusch had a $132.38 billion market cap
As of 4/12, it’s now $125.73 billion
This means the Bud Light Boycott has shaved off *$6.65 BILLION* in company value
The bleeding hasn’t stopped
On the contrary, it’s only getting worse
——
Bud Light Update - Good news!
On 3/31, @AnheuserBusch had a $132.38 billion market cap
As of 4/12, it’s now $125.73 billion
This means the Bud Light Boycott has shaved off *$6.65 BILLION* in company value
The bleeding hasn’t stopped
On the contrary, it’s only getting worse
Posted on 4/12/23 at 5:07 pm to Landmass
I'll never pay for a Bud Light again.
Posted on 4/12/23 at 5:08 pm to imjustafatkid
I have a feeling they are going to be giving away a lot of it soon to get old product off the shelves.
Posted on 4/12/23 at 5:16 pm to Landmass
Do you think they did this on purpose for some reason? Like a good conspiracy or something?
This post was edited on 4/12/23 at 5:17 pm
Posted on 4/12/23 at 5:37 pm to tigerjunior
Drink Miller Light, it's better anyways
Posted on 4/12/23 at 5:41 pm to Lsuhoohoo
quote:
Come on guys. If you're going to do a boycott of a product, you gotta figure out what alternatives are owned by the same company and not buy those too
Eh, the main point is they learn their lesson. If Bud Light gets smoked, then good.
Posted on 4/12/23 at 5:51 pm to SoDakHawk
quote:
Drink Miller Light, it's better anyways
miller lite is the worst beer i have ever drank.
i'll turn down free miller.
Posted on 4/12/23 at 5:59 pm to 3nOut
More Miller Lite for me then. Thanks.
Posted on 4/13/23 at 9:07 am to This GUN for HIRE
quote:
It was twiced that before the tranny debacle. They were at an all time high of 9%, in March, now below 6. And this is just the beginning. 3% is going to hurt
Let me know when it falls behind it’s 100 day moving average or falls below it’s 52 week low. If the brand was getting crushed those things would have happened already.
Posted on 4/13/23 at 9:09 am to OU Guy
quote:
Bud Light Update - Good news!
On 3/31, @AnheuserBusch had a $132.38 billion market cap
As of 4/12, it’s now $125.73 billion
This means the Bud Light Boycott has shaved off *$6.65 BILLION* in company value
The bleeding hasn’t stopped
On the contrary, it’s only getting worse
Up 1.17% today
Posted on 4/13/23 at 9:10 am to Landmass
If they want to brand of me as a “hater“, then I gladly accept. Toss in deplorable or irredeemable, I am all for it.
Posted on 4/13/23 at 9:11 am to Motownsix
quote:same
Let me know when it falls behind it’s 100 day moving average or falls below it’s 52 week low
I've got pocket change in my Fierce account, I'll grab a couple shares of BUD
Posted on 4/13/23 at 9:11 am to OU Guy
quote:
This means the Bud Light Boycott has shaved off *$6.65 BILLION* in company value
Have they fired the retard girl yet?
Posted on 4/13/23 at 9:58 am to patnuh
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