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.
The company’s latest quarterly reporting was for the period ending March 31st, prior to the Mulvaney advertising campaign. That reporting doesn’t take into account the current drop in sales and orders that have occurred since then. I suspect when this quarter’s numbers are released sometime in July we will see a drop in the share price.
Also, who is currently buying stock and keeping the price close to the 52 weeks high? Is it institutional buyers? Buyers such as Vanguard, Fisher Asset, Edge Capital, Morgan Stanley etc.? Or, is it individual retail investors? That makes a difference when it comes to perceived customer support and actual customer support. When this quarter’s earnings reports are released this summer, that will tell the true story.
There are ways to write off business losses. AB Inbev has been rising in profits every year for at least the last 3 or 4 years that I saw. A bad year will not necessarily benefit them, but it will not be a huge obstacle.
Big beer is already losing hard to local craft beers. Their only saving Grace is exclusivity at large venues. How much faggot beer will people but at the Daytona 500 this year? The next Rockies game?
Watch out for that prenatal chicken counting.
Which is exactly what I said in my post. July, I expect to see a short term drop in stock price, and it will return to normal thereafter. By the end of the year, it will hardly be a blip, especially with them running damage control and the amount they are about to dump into that.
For me it is not a boycott. Not sending a message or making a statement.
A-B has made it clear they do not want my business so they will no longer get it. The success or failure of AB in the long run is not my problem. Other people can do what they want.
On the other hand, A-B has made it easy for trans-curious to signal their interests.
The day to day stock price is nothing more than noise. It’s meaningless. See what happens when they continually lose sales.
Of course, all this could be just a blip, but I think you are jumping to some conclusions.
An opinion piece does can never be a bombshell. There has to be significant actual news.
Of course, they’ll be fine. But a message was sent and appears to have been received.
I don’t drink much beer and, when I do, it’s nothing from their portfolio.
Lately, I’ve been sipping vodka, Ukranian vodka actually
It’s not about the beer company, per se.
I am absolutely jumping at some conclusions, like the fact that they lost $7 billion in sales. Have they lost sales? YES! They have (and rightfully so). But it isn't what these #fakenews clickbait outlets are trying to lead us to believe.
It’s not how tax write offs work unless you are a shareholder and sold for a loss.
No, it isn't. A fake woman on a beer can is merely symptomatic of the larger issues we have in America. I am certainly thankful for those "bigwigs" who have taken a stand against this nonsense, but ultimately my point is that these mouth breathing outlets are doing nothing but working us all up over what will eventually be a non-issue on the radar of American business. Kind of like the whole Coca Cola original recipe fiasco.
Bed bath and beyond went woke and broke
Annheuser-Busch is doing all it can to change the narrative. Wonder if anyone was paid to write and disseminate this article. Much of the Bud Light on retail shelves will not be sold prior to the expiration dates. The losses are continuing. Decent rational people don’t want to be associated with a beer linked to perversion or even associate with people who buy it or drink it.
Since you don’t know what a tax write-off is, the rest of your article is useless to even read.
Russian vodka, Ukrainian vodka...all rotten pathetic communist dictator vodka.
Not to mention that the people who worked for the Bud Light brand will become unemployed as a result.
(tax write-offs)
All these big companies......they just write it off!!
You don’t even know what a write-off is!
Do you?
No, I don’t!
Well they do, and they’re the ones writing it off!
Pretty much my take. Well written, BTW.
GM survived the Vega...
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