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And why you would trademark a brewery name when you don't own a brewery...yet.
I couldn't surmise one way or the other. But I will offer this information that might prove useful.
First, it has become obvious that nothing is going to do anything for Drinks until the market is convinced the company has changed for the better. That could come in the form of increased sales like that from KR beer or the closing of the China deal, or M&A activity, or new products on the shelves. So, the market may ignore the acquisition of a name like Rolling Rock until it proves out through closing and accretive sales.
Second, is communication on the issue. Looking back at Labatt, we know nothing of that deal other than PK's general comments that Labatt was a qualified iconic brand that they could pursue. If in fact they did pursue it, it would answer many questions why he is and was silent on that process because of non disclosure requirements. Since Rolling Rock is yet another InBev brand, then he would have to remain quiet on Labatt, as well as Rolling Rock, until all the current negotiations between the two companies play out completely. So, in that sense, we will know when we know.
Third is viability. We know Drinks was a player for Rolling Rock in 2006 before it ultimately went to AB. It would almost be a given now that Rolling Rock is back in InBev's lap again that Drinks would be a natural candidate to either be contacted to submit a bid or for Drinks to call on them. In order to have made that bid then with not alot of cash, Drinks had to have some private equity backing to have made that all cash offer. I would expect that Drinks would be far better positioned now to follow through with an offer of magnitude now that they have Kingshott's capital in their pocket.
Fourth is positioning. Rolling Rock at their height was selling 15.4 million cases. That number has fallen dramatically more than 50% to 7.2 million cases per year. Drinks could give the brand a dramatic shot in the arm by branching out to global distribution in The Rim and Europe where Rolling Rock does not currently have a presence and where the brand would sell well on its affordability and taste factor. Plus, it makes perfect sense to marry Kid Rock to Rolling Rock on their similarities just in naming alone. That in and of itself, would reverse the downtrend and increase domestic sales almost immediately. This would have to give Drinks a "head above the crowd" persona over other would be suitors as nobody else has the global footprint that Drinks does AND the Kid Rock name.
So, on these factors alone, I personally have to believe Drinks is involved in the process and would be missing a colossal opportunity if they were not. But, as I said, the market will respond accordingly when the issue proves out one way or the other.
If we now own the name and the rights to a brewing company then certainly that would be for the express purposes of owning a brewery and manufacturing beer. Me thinks Kid Rock Beer is not the only thing PK and Kid will be dancing around the summer bonfires with. After all, if Michigan Brewing Company has its own name then why trademark yet another brewery name for the same product? Think about it. No brainer. Rolling Rock for sale huh? C'mon Kingshott, open those pursestrings!
Word Mark AMERICAN BADASS BREWING CO.
Goods and Services IC 032. US 045 046 048. G & S: Beer
Standard Characters Claimed
Mark Drawing Code (4) STANDARD CHARACTER MARK
Serial Number 77702235
Filing Date March 30, 2009
Current Filing Basis 1B
Original Filing Basis 1B
Owner (APPLICANT) Drinks Americas CORPORATION DELAWARE Suite 163 372 Danbury Road Wilton CONNECTICUT 06897
Type of Mark TRADEMARK
Register PRINCIPAL
Live/Dead Indicator LIVE
The point was not a reference to market cap versus the price it is trading at. Then we begin to deal in multiples and there are far too many peole willing to jump up and insist this is the only stock in the world that doesn't deserve to be trading at any multiple whatsover. The point was that DKAM has a value as a company. ADSL has a value as a company. YARR has a value as a company. When you put them all together, it equals the value of DKAM as the whole of all three combined. One can no longer talk about DKAM sales now or sales past. DKAM is gone in that respect. Let the deal happen. Let the deal close. Then we can all predict and expect them to do whatever they will do on those $20 million in sales AND resulting profits. Then we can add in the sales from the other products like KR, SV, and LC and what they will do on their entry into China. YARR and ADSL combined have a value of $40 mil or so. Add to that whatever value we want to argue about forever for DKAM. At no point will you derive a value of $12 million which DKAM is trading at now.
So, yes, in that respect, the entire investment community is stupid.
Basically yes. The caveat is that the whole investing world is not aware of this stock nor this deal. The only way they learn about the deal is if it goes from 15 cents to $1.50 overnight. Then it's the greatest thing since sliced bread. They'll learn about it in due time.
The sum of the parts cannot be less than the whole. And please don't patronize me with some mumbo jumbo that it is anything other than that. The share exchange for ADSL valued the company at $27 million. Not the mkt cap, but the pure value of the company. The YRMN mkt cap went out on its last day at $37 million.
I'm not even going to waste my time with the math. We all know what is going on.
Thank you. Finally some sense among the non sensible. Nobody wants you to remember that PK told everyone in October this was coming. They knew they'd have to put ADSL and YARR together first, then roll it into DKAM. It was done then. As hard as they try, they cannot stop it now.
Oh wait! I get it now! How could I be so stupid. InBev is "allowed" to show dramatic declines because they bought somebody. The whole financial world is "allowed" to show dramatic incompetence because the gov't will bail them out. JSDA is "allowed" to show continual massive losses while their stock price goes higher because of what the immediate future holds.
DKAM bought somebody. DKAM bought another somebody. DKAM expanded while everyone else is tightening. DKAM is immune from the exact same consideration as everyone else because....
There is no reason. None whatsoever.
I just saw this post. Answers so many questions. Fits right in along with Anoop. Allowed to hang around long enough to prove to America that he just doesn't have it. Entertainment, or rather comedy only second to Sunjaya in the ridiculous.
LMAO! Please sell.
Global Beverages is building a national retail and distribution footprint in China by continuing its consolidation of highly accretive acquisitions at low multiples in a fragmented Chinese beverage distribution market. Global Beverages has just recently opened the first and one of several planned Big Box retail superstore concepts in Wenzhou for beers, wines and spirits.
And yet, we just bought them. I guess it all comes to a halt now.
Yeah right.
I am not going to back down one bit from what I have stated, nor allow anyone to distort what he said or she said or they said.
The plain fact remains that PK cited exponential growth in October to $20 million. PK cited growth by acquisition in the Shareholder Letter. PK cited 300% growth in the Wall Street Journal.
BAWAWAWAWAWAWAWAWAWA!!!!!!!!!!!!!!!!
No this...no that. Mommy hold my hand!
The fact remains that sales are without a doubt, cannot be stopped, emphatically, undeniably, and in the face of the world's worst economic disaster going over $20 million exactly as he said.
BAWAWAWAWAWAWAWAWWAWAWA!!!!!!!!!!!!!!!!!!!
But it doesn't count cause it wasn't the way it was laid out in the Shareholder Letter, and because I didn't get updates along the way, and because the sun was in my eyes.
FOUL! FOUL! FOUL!
My mistake. Profit PLUNGED 95% for InBev. Kudos to you for once again diverting the courtyard's attention away from the real emphsasis of the story, and that is DKAM's 1000% growth year over year for four straight quarter's going forward...
http://www.iht.com/articles/2009/03/05/business/inbev.php
I figured it out. We were supposed to be out of business by now. They thought surely the economic downturn would drive a dagger through management and shareholder's hearts. The economic downturn saw a 95% decline in sales for InBev; and still here. It saw JSDA post more than a 50% decline in sales over two quarters ago; gushing losses at every turn to $12 million+; and JSDA seems to go higher every day; and being touted as a buy.
But here we are, the ONLY company being buried every day in the technicals of what was, as if we are the ONLY company that has had to create its own life support system to continue moving forward.
Back up and take a look particularly those lurking who are scratching their heads. The economy falls to pieces. Drinks acquires Olifant. They scream declining Olifant. Well duh. Drinks has to reapply to sell Olifant in many states. Thus 6-8 weeks to get fully back on line. But shhhhhh! Don't tell anybody that part.
Yes, I figured it out. Sure we have said this and that. Use this analogy. Tiger Woods is winning everything. What hole did he double bogey in the 2000 US Open the final day? When he shoots 65, which is more important? A 65 with 10 birdies and a triple bogey? Or, 7 birdies and no bogeys? They both add up to 65. The card says 65. The score goes down in history as 65. They don't take trophies and titles away because they discover after the tournament is over that a year ago he made a double bogey on the last day.
The same holds true here, and why the ferocity of such complete and opposite agendas? This GBAL is going to happen. In fact, it is about done. They wouldn't have announced it if it wasn't. There is nothing anyone can do to prevent it. Oh, trust me, we know you've tried! That means a year from now, the combined companies will most assuredly be doing more than $20 million in sales. They will be distributing 30000 cases of Yarraman into the US. They will be representing no less than THREE billion dollar plus brand names in the virtually untapped regions of China and the Pacific Rim.
A year from now, because of this last quarter, the numbers become more staggering. Instead of an "over the top" growth rate of 300% on the older numbers, based on our current run rate, this company will be boasting 1000% growth in sales.
That means EVERY quarter, for a minimum of FOUR quarters in a row, this company will be posting a 1000% increase in sales over the year ago period. The likes of Rodman & Renshaw who represent DKAM will be citing the parabolic growth curve, that no other company on any exchange can boast, coming out of the throws of the worst economy this nation has seen since the depression.
Go ahead, cite that it isn't intrinsic growth. Just because they bought somebody it doesn't count. Well, guess what, a 65 is still a 65, and over $20 million in sales doesn't get cancelled because it didn't come from where somebody thought it should.
Like I said, a year from now. The thing about it is, the market is looking this very moment for the strongest growth story that will play out over the next year. (A year from now means the GROWTH has been realized. It begins the day the deal is closed. No, actually it began on 3/23/09)
Fun and games are over.
Perfect analysis based on the set up and the way it will play. Nobody will really get it on the two tier play in China versus the three tier play in the US.
Those numbers begin to show just what it means.
Once again, you missed the point completely. Whether OTC or not is irrelevant. Whether they hold those levels is irrelevant.
What is relevant is that PK will never hire a hedge to run his stock to the upside.
However, that is no longer his decision and too many people have a far greater interest in seeing the price of this stock go immeasurably higher now.
These guys do not mess around. The K & W boys will see to it this stock never fails. In fact, they wll see to it that all of a sudden out of nowhere.....
Whether you like it or not, DKAM is now a China play. Go ahead and give your pros and cons for such a label. There is one undeniable characteristic of being a China play that you cannot ignore. Every single China play out there. Every single one where any entity, particularly foreign, held a sizable stake in that particular "China" play saw the price of the stock go on a major run to the upside. I don't care which one you choose; CTDC, CHNR, CPSL, CMED, EFUT, and on and on. It's simple. These guys all hire groups or hedges to put on these major runs so they can move paper. Maybe before the deal is done. Maybe before the restrition comes off. Maybe after.
The point is there will be absolutely nothing anybody here can do to prevent it. Absolutely nothing you say between now and then will stop it, or prevent it.
Like an evolving solar system. On January 23, InBev sold a good portion of its stake in Tsingtao to Asahi making Asahi the #2 shareholder in Tsingtao beer.
AB which is now InBev is the #1 exclusive importer of Tiger Beer in the US.
Heineken just reported $14.3 BILLION Euros in global sales. The brands ADSL, and the soon to be GBAL represent brands doing well over $25 billion in annual sales; Tsingtao, Tiger, Heineken, Sunkist, Snapple. heineken is for sale at $1 billion. every distributor of Heineken just saw its value increase.
Therefore, exclusive of its current sales base, GBAL now becomes a grand pipeline for further and expanded product penetration into The Rim.
As a result, and as of Monday, DKAM just became a prime buyout target for every worldwide beverage comglomerate.
My bet at this point would be Asahi but somehow I feel it will end up being InBev. We shall see.
Lots of dollars between now and there. But it is coming.
As of Monday, if this deal comes down the way I expect it will, Wong, ADSL, and Yarrman became majority stakeholders in DKAM....restricted. Once the restritions run their course, we will be available to the highest bidder...no question about that. The expansion of every single "Wine Mall" location in China is the rage and will only exponentially enhance Drinks' value.
They all together are building it for the buyout. $15 million? Try several hundred million when they get this to play the way they have it set up.
Halcy, don't waste your breath. It was the same thing on HANS. They had a dozen of them also living there from 1999-2003. It's the same thing all over again.
We are hooking up with Fortune 100 CEO's now. Where could all this mass hypnosis be stemming from? Can somebody get ahold of this guy Wong and tell him what a grave mistake he is making before Drinks starts quickly making profit? Quick! There isn't a moment to waste! Where is a super hero when you need one?
Steve Wong Appointed CEO of Global Beverages
Steve Wong will be appointed CEO of Global Beverages. Mr. Wong was formerly the head of Pepsi-China, in charge of opening new markets and logistical distribution, as well as the former CEO of Sara Lee-China. Mr. Wong has over 25 years experience in the food and beverage industry with multinational corporations in China.
So, as was so eloquently put. It makes perfect sense to scream for everybody to sell since we are clearly heading in the....
WONG
direction! LMAO
Accretive Finance Definition:
A term commonly used to refer to a merger, acquisition, or joint venture that will be accretive to earnings, meaning that it is expected to add to earnings per share. When equity markets become bearish and merger, acquisition, and joint venture activity slows in response, a merger, acquisition, or joint venture must be perceived as being accretive to earnings, or shareholders will not be supportive.
Huh, shareholders not supportive and yet, this deal is accretive meaning that as a whole from such acccretion, the entity perceived as the whole, is now profitable. Only on DKAM could that not happen! Oh wait, the majority of shares are held by insiders, over 60%. They are in favor of this deal.
And of course, accretive remains from the date of such accretion, which means yesterday. Olifant was accetive, and we picked up their sales from November to December.
As such, our sales as of yesterday jumped from just over $2 million per year, to over $17 million per year. Huh, this damn calculator keeps coming up with a 750% increase in sales. What the heck am I doing wrong?
Oh, I know! I forgot to add in the Kid Rock sales which are 1500% ahead of guidance.
Absolutely. I knew exactly what you were on to when you posted it the first time.
I suppose you saw the accretive part. That means the original part of the deal will ship which was $2 million of Yarrman wines into the US to be sold by DKAM.
Sorry it works both ways, but it does.
Not hard to figure out. Same thing on JSDA. Horrible numbers but new products and fresh sales this quarter. They dipped it on the numbers, now it is significantly higher.
Uhhhhh, nobody sold did they? I just hate when that happens.
There is only a few people here that get it. Even the price of the stock today shows that new people are getting it. Squawk about the old earnings news. Everybody will. Squawk about being misled. Our entire economy was misled and it turned into the worst economic meltdown in world history. Yet, it is recovering and this market will move above 15000. I can guarantee you that. It isn't hard to make that guarantee considering it has happened every time throughout history.
But beyond that for DKAM, there are hundreds upon hundreds of companies that need China, that need The Rim to grow their business. Patrick finds himself in the enviable driver's seat of picking and choosing who he does business with and how much profit the company makes. ADSL and Yarrman are already doing a great business. ADSL stock in London is $12.50. That business is not going away. It can only do one thing....go higher.
But beyond all that is the caveat I referred to earlier. Patrick takes on their product. The companies then buy DKAM stock because they know the instant we send their products to China, etal, it is more sales and profit for DKAM. No brainer.
Some of you have been in this game long enough to know when one company does well, many others around it in that sector do well. Oil. Alternative. Tech. It doesn't matter. It will always be that way.
Heineken is for sale. $1 billion is the number. They are close at $750 million. A deal is close. That means that ANY Heineken distributor just saw the price of what they do go significantly higher. Charmer. SunBelt...etc. They don't trade on any exchange.
DKAM does. And the value of this company will be realized because of this fact, and all the other products we put into the mix along with it.
As I understand it, the phones are ringing off the hook again today.
Very well said, and Patrick has even said the "Letters of Credit" will hold now, and those deals will ship and be paid for. A true testament to what is going on and how the game has changed comes from Monday's action alone. 200 phone calls just isn't, "How ya doing. Great news by the way." There are thousands of companies, including hundreds of beverage companies looking to do business in the Pacific Rim. Patrick did it faster than anybody getting into China for Seagrams and it totally blew sales out of the water. He is certainly on that same path again.
Naturally, if I were a major beer or liquor company, and I wanted to do business in The Rim, and China, and I called Patrick, and he said let's do a deal, I'd be in here as soon as possible buying stock.
The one thing everybody forgets. That $15 million in current sales is without any of our products mixed in. It is without a single new distributor relationship to add to the product mix being sold in The Rim.
Sales certainly are not going lower in China. They are going exponentially higher.
In case you didn't notice, it is 3 to 1 buyers over sellers. The Rodman & Renshaw buying will trump the whole process and take it away from the penny players. Just like it does for every other company out there.
If you must know, I "disappeared" for 7 months because I was very sick. My family and friends were very supportive during that time.
Buried in the filings if you look hard enough, the combined Yarraman/ADSL merger will do roughly $2+ million in net profits currently without any DKAM products.
My new questions I told you I would have on the state of the business today:
Question 1:
What is the value of a large scale Heineken distributor?
Answer:
Heineken NY is rumored to have a standing offer of 1bil as a price tag and has rumored to have gotten offers in the 500-700 mil range. Southern Wine and Spirits the largest spirits distributor in the US is rumored to be worth between $8-12 billion
Question 2:
Then what is the value of the Heineken, Tiger Beer and Snapple distributor in Shanghai and various other regions of China , the largest and most populous country in the world worth even in the early cowboy days of today? Given these valuation metrics of the entire companies as a whole?
Additional question 3:
If it were legal to own both distributors and stores in China which it is, and one were to own and have first mover advantage in that market what would that enhance the value of the enterprise?
Additional question 4:
If a management team who knew how to get throughput going from US to Asia and Asia to US and establish additional brands for the Chinese retail and wholesale operation came to pass then what does that say to the world about the valuation metric for this vital linkage in the entire process? To the growth now and going forward giving these resounding valuations on the core companies as a whole?
Drinks hitting every major worldwide media outlet with the news.
Who would have thought this forum would so easily become such a quick haven for public humiliation. Oh yeah, we did.
http://www.google.com/search?q=drinks+americas+china&rls=com.microsoft:*:IE-Address&ie=UTF-8&oe=UTF-8&sourceid=ie7&rlz=1I7GWYE
Finally time to bring Sillerman and his boys in. Mangoes, I need you to continue to cultivate on your end. His place is on the beach in Southhampton. I'll get you more details on the plan.
This deal when closed now gives DKAM the minimum standards required to be listed on Nasdaq.
Oh wait, it has to be above $4 a share. Nevermind!
LMAO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Ok, you go with that. I would expect nothing less.
The combined company will operate from offices in New York, London, Sydney, Australia, and Shanghai. Michael Kingshott is expected to join Drinks Americas as Chairman of the Board, and Patrick Kenny will become President and CEO of the combined operations.
Undoubtedly the phones are lighting up like a Christmas tree. I'd postpone also and talk to fresh money instead of wasting the day talking to old money.
Well done PK.
I'm sorry, what were you saying? Uhhhhhh yeah, I thought so.
This might prove helpful. But maybe not since the entire shabang is all rolled into one. Of course, ADSL is the one doing $15 mil + a year in sales.
http://finance.yahoo.com/q?s=YRMN.PK
http://yahoo.brand.edgar-online.com/default.aspx?cik=1096655
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C156PUG00
http://uk.finance.yahoo.com/q?s=adsl&m=L&d=
http://uk.finance.yahoo.com/q/hp?s=ADSL.L
OK, I am only going to say this once. And for many of you, I know that will tickle you to no end. So here it is.
You've been staring at pennies on this thing for months and months. Many stocks before now have proven they can go up 500% to 5000% on far less news than this. Some do it in a day. But most take several days, weeks, or even months.
This is also the time that HANS, FRPT, CKXE, and JSDA ALL, I repeat ALL ran in the past. That is because this is the timeframe March-April that hedge funds have ALWAYS found that one baby to run to the moon because it has the news to substantiate it.
You know the insiders have over 60% of the shares. They aren't selling, we know that. I personally know that around 20% of the remaining shares are not selling either. The news just hit. The deal is fresh. There are no shares for the likes of Rodman, and the beverage analysts that are dripping for a huge growth story in this economy. Kid is creating jobs. Drinks just put out EXPONENTIAL GROWTH news in the largest growth area in the world. This is the stuff hedge funds cream for, and they will do anything they can to get their hands on your shares. Much like they've been doing for two years now, and have always done on every great growth story out there.
You have thousands upon thousands of traders/investors scanning and looking for the next big winner. When this goes, they will chase. They will pay above the ask to gain a position. THEY CAN ONLY BUY WHAT IS ON THE BOARD.
THERE IS NOTHING TO SUGGEST THIS STOCK WILL GO ANYWHERE NEAR WHERE YOU THINK IT WILL GO. IF YOU GUESS A NUMBER YOU WILL BE WRONG.
The stock must seek a level where there is liquidity. There is only liquidity if people put in sell orders. Do what you must but you have a chance here to reap exponential rewards as Patrick and management have stated. You have to let the story unfold accordingly. There will always be those that trade. But history has ALWAYS proven, the best run, is the next run. These guys will steal your shares on any downticks and THEY WILL GAP THIS STOCK REPEATEDLY TO THE UPSIDE.
I personally am going with management on this one. JSDA got to $33 and the numbers nowhere near substantiated it. So did FRPT to $33. CKXE to $30. HANS to $400. All way above their sales ratios BECAUSE OF THE IMPLICATIONS OF THEIR DEALS GOING FORWARD WHICH I HAVE REPEATEDLY TALKED ABOUT. No need to continue.
Just go fishing or golfing or something. We'll send you a text when it hits $3 and $5 and so on.
The way I take it, the one bought the other, and we stepped in to buy the completion of their merger on top of that.
So, we just merged. And working these numbers, it makes no difference what the number is as it will be static. A deal like this will BE RESTRICTED SHARES. I REPEAT RESTRICTED SHARES. Which means they will be at a set price WELL ABOVE our current price. My guess, $1-$2 per share. So, probably 50-100 million shares tops.
That is the hook for these guys. They want to take their combined company to market. They hook up with Drinks and poof! They know they have a stock going well north of those numbers.
Instant profits for them. (All my considered professional opinion of which I will not entertain any criticism or contrarian point of view except for any statements made otherwise by the CEO.)