CRE NEWBREWCO: Preparing for the Special Div, and SABMiller/ABInbev possibilities
17 Sep is the last day of trading with special dividend attached. On Friday, this HK$24-25 stock will (based off the last week's range)...
341 Views
QUICKNOTE: CRE Breaks Out vs Tsingtao, Finally... And Goes Ex-Div This Week
As Jon wrote in "Beer is Cheap, But Is It Cheap Enough" 5 months ago, CRE NEWBREWCO looked cheap vs Tsingtao. It took a while for the market to...
298 Views
A Sack full of Cash and Cheap Beer (or "The Good, The Meh, and the Ugly")
This trade deserves to be looked at again and again. The fair value of the residual portion (NEWBREWCO) - i.e. what you own after the Special...
379 Views
Best of Smartkarma: The Guest Editor's Slice & Dice #23
Welcome to the 23rd Edition of the Smartkarma [Guest] Editor's Cut, a weekly summary of the key themes and ideas of the last week's research on...
423 Views
Accounting with Beer Goggles On
(4 Aug 2015) I realized when I got a few comments back on my tables published earlier here that EV/EBITDA is a sensitive calculation. The...
470 Views