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Old 10-12-2008, 11:30 AM   #1
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BUD

Any thoughts on BUD - Budweiser? It has dropped to about $55 per share, but is supposed to merge with InBev in a few months at $70.
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Old 10-12-2008, 05:10 PM   #2
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I've been drinking the heck out of it lately.
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Old 10-12-2008, 05:13 PM   #3
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I won't drink it, but I've got a buy limit order on it for $45. If it gets that low Dawg can help finance my retirement.
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Old 10-14-2008, 05:51 PM   #4
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Even from these levels ($63), it could be an attractive play. The Inbev deal is supposed to close by the end of the calendar year. A $7 gain equals about an 11% increase in 2.5 months. While not announced yet, I believe there is another dividend payment that will be forthcoming and prior to the deal closing.

This is all assuming that Inbev can secure the money to complete the transaction. They had a press release today that reaffirmed they have backing from the banks. But until the money is in hand, I assume Wall Street will be leary.

I guess it comes down to what the probability is that Inbev can obtain the money via lending and issuing stock. My guess is that they will complete the deal as anticipated.

If the deal falls through, look out below. BUD could be trading below $50 if that happens.
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Old 10-14-2008, 06:27 PM   #5
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I won't drink it, but I've got a buy limit order on it for $45. If it gets that low Dawg can help finance my retirement.
I wouldn't buy anything I wouldn't drink. What if the ragged masses realized how awful it really is?
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Old 10-17-2008, 05:28 AM   #6
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I've been drinking the heck out of it lately.
Well then, this Bud's For You!
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Old 10-17-2008, 01:15 PM   #7
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Even from these levels ($63), it could be an attractive play. The Inbev deal is supposed to close by the end of the calendar year. A $7 gain equals about an 11% increase in 2.5 months. While not announced yet, I believe there is another dividend payment that will be forthcoming and prior to the deal closing.

This is all assuming that Inbev can secure the money to complete the transaction. They had a press release today that reaffirmed they have backing from the banks. But until the money is in hand, I assume Wall Street will be leary.

I guess it comes down to what the probability is that Inbev can obtain the money via lending and issuing stock. My guess is that they will complete the deal as anticipated.

If the deal falls through, look out below. BUD could be trading below $50 if that happens.
Up more than $2 since noon today. Word must be out that I looked at it, but didn't buy it.
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Old 10-17-2008, 05:31 PM   #8
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I've been drinking the heck out of it lately.
I recently tried a pack of American Ale by Bud. Nothing like the potent Belgian ale that I now prefer, but a welcome change from the old Bud that I still drink. Have you tried it?
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Old 10-17-2008, 05:44 PM   #9
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I recently tried a pack of American Ale by Bud. Nothing like the potent Belgian ale that I now prefer, but a welcome change from the old Bud that I still drink. Have you tried it?
No I haven't. I'll give it a try.
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Old 11-18-2008, 12:06 PM   #10
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The deal closed yesterday @ $70 and the stock is not longer trading as of today. I ended up with a tidy profit, but I assume others made a higher percentage than I did. Most of my purchases were in the $62-63 range, and it was trading at times in the high $50s.
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