IMO the 'premium beer' market is totally propped by capital investment, and molson is one of the oldest players in the game. all time high is 110$, absolute worst case is the stock goes to 10$, which is why im going to start buying in slowly over time. IMO a lot of the selling pressure on the stock was because of suspending dividends for 2020 as well.
168 = Tsingtao Brewery Group
600573 = Beijing Yanjing Brewery
SPX = S&P 500
CARL = Carlsberg Group
HEIA = Heineken N.V
TAP = Molson Coors Brewing
ANH = Anheuser-Busch InBev --- owns Corona beer brand
(This list excludes mixed drink companies like Diageo (DGE).)
As can be seen in the chart above, the US and European brands all significantly underperformed the S&P...
I am dubious as to why Hexo doesn't have cannabis beverages on shelves in Quebec where "only" Hash & Cannabis Beverages are allowed as 2.0 products, or elsewhere in Canada when they have a Alcohol company like Molson backing them & involved in a JV via Truss?
I just don't see why this pattern would play out bullishly when the company is diluting shareholders &...