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philip964 wrote

The Budweiser tent at Sturgis this year is empty.

Any sign of Antifa?
They bragged they were going to show up and shut Sturgis down.

Bill Gates just made an @100 million stock investment in Anheuser Busch

Excaliber wrote: Wed Sep 06, 2023 6:45 pm Bill Gates just made an @100 million stock investment in Anheuser Busch

If I had a bankroll like Gates, I'd probably consider that a good investment, too. Not in Bud Light per se (not much of a drinker at all, but when I have a beer I want to know I'm having a beer, not slightly bubbly dishwater), but the worst marketing mistake since the "new Coke" formula change announcement in 1985 is certainly what singlehandedly caused the stock to plummet.

The stock closed yesterday at $55.63. It bottomed-out May 31 at $53.40. On March 31, just two months before, it was $66.73. The 5-year high was July 22, 2019 when it closed at $100.49. But other than a COVID lockdown lag--I suppose because folks weren't going out and a lot of locations don't allow alcohol delivery--the median price since 2012 looks to have been around $80, give or take. The company has an operating margin of just over 24% despite the Bud Light fiasco, a 5-year average dividend yield of a little over $2 per share, and the enterprise value is estimated at $185.57 billion.

But as far as long-range financial strategies or call options go, I barely have enough spare change to invest in range ammo and fairly decent coffee. So...

Excaliber wrote: Wed Sep 06, 2023 6:45 pm Bill Gates just made an @100 million stock investment in Anheuser Busch

He probably wants to put his vaccines in AB products...

Seems like everything Bill Gates is involved in these days is awful.

Paladin wrote: Thu Sep 07, 2023 11:01 am Seems like everything Bill Gates is involved in these days is awful.

Some long time people in the tech industry might say everything Bill Gates has ever been involved in is awful.

Grayling813 wrote: Thu Sep 07, 2023 2:46 pm

Paladin wrote: Thu Sep 07, 2023 11:01 am Seems like everything Bill Gates is involved in these days is awful.

Some long time people in the tech industry might say everything Bill Gates has ever been involved in is awful.

He didn’t even write DOS, he bought it. Didn’t even invent pull down windows Xerox did that.

philip964 wrote: Thu Sep 07, 2023 3:26 pm

Grayling813 wrote: Thu Sep 07, 2023 2:46 pm

Paladin wrote: Thu Sep 07, 2023 11:01 am Seems like everything Bill Gates is involved in these days is awful.

Some long time people in the tech industry might say everything Bill Gates has ever been involved in is awful.

He didn’t even write DOS, he bought it. Didn’t even invent pull down windows Xerox did that.

He has never actually created anything except monopolistic wealth; he buys out every bit of competing software that most times is better than anything he offers.

The consultant who did our primary business application software from 1984 to 2004 was fond of saying that "Microsoft is NOT a technology company. Microsoft is a MARKETING company."

JustSomeOldGuy wrote: Fri Sep 08, 2023 5:26 pm The consultant who did our primary business application software from 1984 to 2004 was fond of saying that "Microsoft is NOT a technology company. Microsoft is a MARKETING company."

Bud is owned by Belgian Company InBev. Their profits increased this quarter by 5%.

Modello Especial has become the new number one beer brand in America replacing Bud Light who has held the title for 20 years.

Modello Especial is owned by InBev imported to the US by Constellation Brands.

philip964 wrote: Tue Oct 31, 2023 10:57 am Bud is owned by Belgian Company InBev. Their profits increased this quarter by 5%.

Modello Especial has become the new number one beer brand in America replacing Bud Light who has held the title for 20 years.

Modello Especial is owned by InBev imported to the US by Constellation Brands.

My understanding is that Constellation owns the rights to Modelo in the US. Modelo in the US is a complete separate company that does not have financial ties to InBev.

. In April 2013, the Department of Justice reached a settlement with AB InBev and Grupo Modelo. The settlement agreement allowed the sale to go through if AB InBev sold Modelo’s entire U.S. business to the company Constellation Brands.

seph wrote: Tue Oct 31, 2023 1:36 pm

philip964 wrote: Tue Oct 31, 2023 10:57 am Bud is owned by Belgian Company InBev. Their profits increased this quarter by 5%.

Modello Especial has become the new number one beer brand in America replacing Bud Light who has held the title for 20 years.

Modello Especial is owned by InBev imported to the US by Constellation Brands.

My understanding is that Constellation owns the rights to Modelo in the US. Modelo in the US is a complete separate company that does not have financial ties to InBev.

. In April 2013, the Department of Justice reached a settlement with AB InBev and Grupo Modelo. The settlement agreement allowed the sale to go through if AB InBev sold Modelo’s entire U.S. business to the company Constellation Brands.

I’m reading InBev owns Modelo out side the US. Constellation owns Modelo in the US. Question is who brews the beer InBev or Constellation? I read Constellation imported the beer.