Posters ripped your logic and argument. You don't just claim ...
a company lost $5bn in value with a mkt cap of ~$120bn without context. The board questioned your intelligence and justifiably so.
Yes, InBev is down about 5% in the last week. It's underperformed the Dow's F&B Index and Miller by about 4%. Heineken and Coors have even faired better. Negative whining on the internet can put short term selling pressure on an asset. We've seen it before. However, it's most likely not sustainable because it's not based on fundamentals. We won't know if Bud sales significantly down for at least a quarter, if not more.
Hence, while dumbasses try to manipulate InBev's price through fear/hate mongering, most investors will look to pick up InBev at a cheaper price unless there is an actual deterioration in fundamentals. That won't be known for quite a while. Thus, the value is most likely transferred ... NOT destroyed.
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In response to this post by JMHoo)
Posted: 04/13/2023 at 09:12AM