Investor Optimism Abounds Budweiser Brewing Company APAC Limited (HKG:1876) But Growth Is Lacking
With a price-to-earnings (or "P/E") ratio of 20.8x Budweiser Brewing Company APAC Limited (HKG:1876) may be sending very bearish signals at the moment, given that almost half of all companies in Hong
Budweiser Asia Pacific (01876.HK): Quarterly results are expected to be released on May 8
On April 23, GLONGHUI APAC (01876.HK) issued an announcement. The company's board committee will meet on May 7, 2024 (Tuesday) (after the trading session) to consider and approve the unaudited results announcement for the three months ended March 31, 2024. The Company expects to release the unaudited results announcement for the three months ended March 31, 2024 at or around 7 a.m. (Hong Kong time) on or around May 8, 2024 (Wednesday).
百威亞太:批准截至2024年3月31日止三個月未經審核業績的董事會委員會會議日期
Hong Kong Stock Concept Tracking | Valuation has reached the bottom of history, and institutions are optimistic about the beer industry improving (with concept stocks)
Benefiting from post-pandemic demand recovery, China's beer industry produced 35.555 million kiloliters (yoy +0.3%) in 2023, but there is still a gap compared to 2019. Judging from the price point of view, the upgrading trend in China's beer industry is slowing down or not downgrading, and the gross sales gap of enterprises continues to rise. In 2023, the number of domestic catering companies cancelled nearly 1.3 million, more than double that of 2022. The ready-to-drink scene is recovering slowly as the main position for upgrading the beer structure, compounding the pressure on overall consumption power. The high-end trend has slowed down, but the mid-tier products of wine companies have maintained good growth. The tonnage prices of major domestic wine companies all achieved low to medium single-digit growth in 2023
Changes in Hong Kong stocks | China Resources Breweries (00291) rose nearly 7%, leading the beer stock industry is about to break out of a high sales base, institutions say the peak season is worth looking forward to
Beer stocks picked up in early trading. As of press release, China Resources Brewery (00291) rose 6.81% to HK$34.5; Tsingtao Brewery shares (00168) rose 5.73% to HK$54.4; and Budweiser Asia Pacific (01876) rose 2.99% to HK$10.34.
Changes in Hong Kong stocks | The collective recovery of beer stocks during the peak season catalyzes falling costs or releasing dividends, and there is still plenty of room for high-end beer
Beer stocks picked up collectively. As of press release, Tsingtao Brewery shares (00168) rose 3.6% to HK$53.3; China Resources (00291) rose 2.49% to HK$32.9; and Budweiser Asia Pacific (01876) rose 1.42% to HK$10.02.
Changes in Hong Kong stocks | Budweiser Asia Pacific (01876) fell more than 4% to hit a new low. Major banks all expect the company's sales volume in the Chinese and Korean markets to decline in the first quarter
Budweiser Asia Pacific (01876) fell more than 4% in the intraday period, hitting a record low of HK$10.32. As of press release, it decreased by 3.72% to HK$10.36, with a turnover of HK$120 million.
Fangzheng Securities: There is still plenty of room for high-end beer to welcome value layout opportunities under undervaluation
Currently, leading valuations have fallen back to a low level of nearly five years, and there are opportunities for value allocation.
Fangzheng Securities: There is still plenty of high-end space, and the beer sector ushered in value layout opportunities
According to Fangzheng Securities, there is still plenty of room for high-end beer and strong certainty. Currently, the beer industry's valuation is at a historically low level, ushering in value layout opportunities.
The beer industry's view on financial reporting: high-end technology continues to “fight”, but it sits on a “cold bench” in the capital market
In 2023, the beer industry continued to advance towards high-end production, and most beer companies achieved a double increase in net revenue and profit.
Jefferies Adjusts Budweiser Brewing Co APAC's Price Target to HK$21.20 From HK$21.70, Keeps at Buy
04:48 AM EDT, 04/08/2024 (MT Newswires) -- Jefferies Adjusts Budweiser Brewing Co APAC's Price Target to HK$21.20 From HK$21.70, Keeps at Buy Price (HKD): $10.58, Change: $-0.64, Percent Change: -5.70
Hong Kong Stocks Close Flat as Investors Eye China Data
Hong Kong stocks finished flat in green territory on Monday, giving up early gains, as investors await key China data this week that could help them interpret the strength of the recovery of that econ
Changes in Hong Kong stocks | Budweiser Asia Pacific (01876) once fell nearly 7%, and its stock price hit a new low, and it is expected that sales in the Chinese and Korean markets will decline in the first quarter
Budweiser Asia Pacific (01876) once fell nearly 7%, hitting an intraday low of HK$10.4, a new low since listing. As of press release, it decreased by 5.35% to HK$10.62, with a turnover of HK$118 million.
Xiaomo: Maintaining Budweiser Asia Pacific (01876)'s “neutral” rating and lowering the target price to HK$11
Xiaomo expects an average compound annual growth rate of 5% in sales between 2023 and 2026 for Budweiser Asia Pacific (01876).
Hong Kong Stock Concept Tracking | Beer Structure Upgrading Trend Determines Alcohol Consumer Companies Attracting Attention (with concept stocks)
According to estimates of revenue and production data, the average price of liquor and beer has increased significantly
Is Budweiser Brewing Company APAC Limited's (HKG:1876) Recent Performance Underpinned By Weak Financials?
With its stock down 21% over the past three months, it is easy to disregard Budweiser Brewing Company APAC (HKG:1876). To decide if this trend could continue, we decided to look at its weak fundamen
BUD APAC To Go Ex-Dividend On May 22nd, 2024 With 0.41407 HKD Dividend Per Share
March 23rd - $BUD APAC(01876.HK)$ is trading ex-dividend on May 22nd, 2024. Shareholders of record on May 23rd, 2024 will receive 0.41407 HKD dividend per share on June 20th, 2024. The ex-dividend
Budweiser APAC's Profit Down in Fiscal 2023
Budweiser Brewing Company APAC (HKG:1876) recorded a decline in attributable profit for the year ended Dec. 31, 2023, to $852 million from $913 million during the year-ago period, a Friday filing on t
Budweiser Asia Pacific (01876): Under the maximum authorized limit of share-based compensation plans, 1,282 billion shares will be available for future grant
According to the Zhitong Finance App, Budweiser Asia Pacific (01876) issued an announcement. On the date of this announcement, after a series of grants and assuming that the company will issue new shares, the maximum authorized limit of the share-based compensation plan will be 1,282 billion shares that can be granted in the future. If existing shares are to be used for grants, the maximum authorized limit of the plan will be 1,324 billion shares available for future grants.
Budweiser Asia Pacific (01876) will pay a final dividend of $0.0529 per share on June 20
Budweiser Asia Pacific (01876) announced that the company will pay a final dividend of 0 per share on June 20, 2024...
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