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Budweiser APAC IPO - Not for you...

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  1. #1

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    Budweiser APAC IPO - Not for you...

    Ooops. Not good news for a ton of people...

    BUD APAC had difficulty fixing the offer price as deal arrangers were struggling to find enough demand to price the stock within the current range after reviewing investor orders, Bloomberg citing sources familiar with the matter.
    https://www.aastocks.com/en/stocks/n...s/NOW.951958/3
    hannah01 likes this.

  2. #2

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    Some commentary from Bloomberg...

    https://www.youtube.com/watch?v=N5zHmuc7INE


  3. #3

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    I was interested to subscribe until I read that they plan to use the 10bn for paying off part of a 100bn debt....


  4. #4

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    Quote Originally Posted by Drunken Master:
    I was interested to subscribe until I read that they plan to use the 10bn for paying off part of a 100bn debt....
    You live up to your name.
    Drunken Master likes this.

  5. #5

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    Beer market share has been dwindling in the U.S. . . . and that was before the legalization of weed in some states.

    shri and TheBrit like this.

  6. #6

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    Quote Originally Posted by huja:
    Beer market share has been dwindling in the U.S. . . . and that was before the legalization of weed in some states.
    You are a budhead.

  7. #7

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    Quote Originally Posted by huja:
    Beer market share has been dwindling in the U.S. . . . and that was before the legalization of weed in some states.
    Beer consumption is in decline in the majority of markets.
    huja likes this.

  8. #8

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    I took one look at the asking earnings multiples and didn't bother reading further - even at the low end of the range it was ridiculously over priced IMHO.

    Last edited by traineeinvestor; 13-07-2019 at 06:12 PM.

  9. #9

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    Beer market in China is growing - I guess that is why they the want to list in HK?
    But I don't see why Budwiser would be 'allowed' to succeed there.

    There are a few other places where beer is growing - developing markets, e.g. Africa - and I think Vietnam, Indonesia. And for health reasons in Russia - where authorities hope they can get people to switch from vodka to beer

    I'm more interested in the baba listing.


  10. #10

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    Quote Originally Posted by Morrison:
    You are a budhead.
    Perhaps you're confusing me for another GXP member. My eating/drinking/recreation habits would make the Dali Lama blush.
    Last edited by huja; 14-07-2019 at 01:56 AM.
    Morrison likes this.

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