Posted on 05/04/2023 1:38:45 PM PDT by dware
I hate to say this, I really do, but Bud Light parent company AB Inbev is going to be just fine, even after this whole fake woman fiasco. I also hate saying that even the Conservative side has #fakenews, and the constant pounding of Bud Light by Conservative media outlets is kind of outrageous, and only serves to further rile us up.
Here's the truth:
I've been watching the AB Inbev stock since this whole thing started. As of March 31, the stock was sitting at $66, slightly under the 52 week high, $20 above the 52 week low. Since then, it has bounced between $63 - $66 per share. Today it is sitting at $65.
Have their sales suffered? Absolutely. Estimates have their losses from this around $6 or $7 billion. That may or may not be true. I've yet to find anything with substantive proof that is the case, however, but we can work with it. We'll call it $7 billion, which is certainly plausible with the size of the present boycott. Now, consider the fact that, last year, AB Inbev made $58 BILLION. Overall, they are a company worth $130 billion. At the end of the day, $7 billion will make a tidy little tax write off.
Will the stock sink at some point? It's entirely possible. If it's going to happen, I think it will happen sometime in July, when their 2nd quarter earnings report is released. Unfortunately, by that point, we will have mostly forgotten about the whole situation. We'll be too occupied by the next thing to come along. Americans have very, very short attention spans. So, while it may slump a little, it will rebound and probably fairly quickly.
Don't get me wrong, I'm no fan of Bud Light. My beef with Bud Light stems less from them putting a fake woman on a beer can, and more from the fact that it's a crappy beer. The reason I'm writing this is because I'm getting so sick and tired of #CLICKBAIT #FAKENEWS Conservative so-called "News Outlets", such as Gateway Pundit, Sean Hannity among others. It's time we do better and quit listening to these clickbait machines whose only goal is to rile us up. We got enough to be riled up about without having these individuals and websites working to rile us more with the claims they are making.
If that's what you want to do, that's fine. I'm not going back to Bud Light, simply for the fact that it is crap beer, there are far better selections in local craft brew and I can brew my own damn beer anyhow.
I never said we surrender. I said the situation is NOT what the so-called "Conservative" news outlets are saying. Yes, AB Inbev lost some sales. I would say the biggest impact on them would be the venue & concert sales they have lost. Their stock is doing just what it was doing before all this, however. They may see a slump in July when 2Q earnings are reported, but they will recover.
Meanwhile, we have these #fakenews outlets pounding away every damn day telling us just how horrible the situation is for Bud Light! Pfffffft...nonsense and just more tools to divide the tools.
In the real world, what happens to our kids and our culture is the most important thing and we will fight with everything we have to defeat evil and corruption wherever it springs up, however hopeless you and your ilk may think the cause may be..
But you go ahead and wave your white flag (or gay flag, if that's where you're coming from).
So, they are negatively impacted and suffering from the implementation of this advertisement campaign, that has totally backfired. They gained nothing from it, but they have lost dearly with regards to this particular product directly from this advertisement campaign. While the company will survive, at least for now, this product is rapidly becoming toast.
Unless they have product that they do not currently bring to market, then there is really no place for them to go within the company, because they already have people for the products they do bring to market. So, they have to depend on either replacing someone who is incompetent, retiring, or recently deceased. The last may be the most likely with the sudden unexplained deaths, that began to appear shortly after the rollout of the "vaccines".
Yes, they are going to be so alright that they are doing everything to stop the bleeding. Forget the stock market, this is about finishing off the light beer. Those beer drinkers are done with Budlight. Of course they did hire a bunch of Republicans who are no doubt trolling the internet to discourage the boycott.
#111 describes you perfectly.
Profits regardless of consequences.
I thought I was the only one...
I thought I was the only one...
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