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Hook should not have any liability for that one...
Diageo New $2.1 BN Purchase Launched in the US by Liquor Group
April 4, 2011 – Jacksonville, FL – In late February 2011, Diageo (NYSE:DEO) the world's largest spirits maker, agreed to buy Mey Icki Distillery, Turkey's biggest spirits company, that holds an 80 percent share of the country's top-selling spirit categories. London-based Diageo, maker of leading alcohol brands including Johnnie Walker whisky and Smirnoff vodka to name a few, acquired Mey Icki and their entire portfolio of products from the private equity firms TPG Capital and Actera for $2.1 billion in cash. TPG Capital manages $48BN in assets with operations worldwide, while Actera is a Turkish Based fund operating in excess of $500 million.
Liquor Group Wholesale (Publicly Traded: LIQR) and it’s privately held state level distribution network was chosen to implement the initial 2 year US distribution strategy for Diageo’s Mey Icki Portfolio, which is lead by Binboa Vodka; the first containers of the vodka the have already landed on US shores at Liquor Group distribution hubs. Binboa comes in award winning bold flavors including: Red Apple, Satsuma, Red Orange and Strawberry, to suit the palates of the new “Daring Taste Aware Consumer”. These products are already funneling through the State Level Customer Distribution Channels of Liquor Group, are being registered for sale in various states and are moving towards end consumers.
“Liquor Group is very pleased to be selected among all of the larger distributors commonly used by major portfolios like Diageo to launch and develop these important brands throughout the US.” says C. J. Eiras, CEO of Liquor Group Wholesale “Our unique abilities and flexibility-to-market allows Liquor Group to achieve distribution success for smaller and larger brands; Binboa will see immediate results at the cash registers due to our Patent-Pending Bailment Distribution Model.”
Binboa’s successful marketing approach is based on a Cerebral Mid-Twenties Survey Style Advertising Campaign; including such slogans as: “On a Night Out, 95% of Party Goers Meet New People, 5% Remember Their Names Afterwards…” and “On a Friday Afternoon, 4% of People Work, 96% Pretend To Work.” High quality spirits coupled with this catchy marketing approach has earned Binboa Vodka the largest market share in segments of Europe and Asia, and will appeal to hip, market savvy US consumers as well. Eiras summarized: “Since Diageo has spent more on this acquisition than Bacardi spent on the purchase of Grey Goose Vodka, we at Liquor Group are confident that this Portfolio is well positioned for success.”
Diageo New $2.1 BN Purchase Launched in the US by Liquor Group
April 4, 2011 – Jacksonville, FL – In late February 2011, Diageo (NYSE:DEO) the world's largest spirits maker, agreed to buy Mey Icki Distillery, Turkey's biggest spirits company, that holds an 80 percent share of the country's top-selling spirit categories. London-based Diageo, maker of leading alcohol brands including Johnnie Walker whisky and Smirnoff vodka to name a few, acquired Mey Icki and their entire portfolio of products from the private equity firms TPG Capital and Actera for $2.1 billion in cash. TPG Capital manages $48BN in assets with operations worldwide, while Actera is a Turkish Based fund operating in excess of $500 million.
Liquor Group Wholesale (Publicly Traded: LIQR) and it’s privately held state level distribution network was chosen to implement the initial 2 year US distribution strategy for Diageo’s Mey Icki Portfolio, which is lead by Binboa Vodka; the first containers of the vodka the have already landed on US shores at Liquor Group distribution hubs. Binboa comes in award winning bold flavors including: Red Apple, Satsuma, Red Orange and Strawberry, to suit the palates of the new “Daring Taste Aware Consumer”. These products are already funneling through the State Level Customer Distribution Channels of Liquor Group, are being registered for sale in various states and are moving towards end consumers.
“Liquor Group is very pleased to be selected among all of the larger distributors commonly used by major portfolios like Diageo to launch and develop these important brands throughout the US.” says C. J. Eiras, CEO of Liquor Group Wholesale “Our unique abilities and flexibility-to-market allows Liquor Group to achieve distribution success for smaller and larger brands; Binboa will see immediate results at the cash registers due to our Patent-Pending Bailment Distribution Model.”
Binboa’s successful marketing approach is based on a Cerebral Mid-Twenties Survey Style Advertising Campaign; including such slogans as: “On a Night Out, 95% of Party Goers Meet New People, 5% Remember Their Names Afterwards…” and “On a Friday Afternoon, 4% of People Work, 96% Pretend To Work.” High quality spirits coupled with this catchy marketing approach has earned Binboa Vodka the largest market share in segments of Europe and Asia, and will appeal to hip, market savvy US consumers as well. Eiras summarized: “Since Diageo has spent more on this acquisition than Bacardi spent on the purchase of Grey Goose Vodka, we at Liquor Group are confident that this Portfolio is well positioned for success.”
Many risk stocks sell off on Fridays. Don't take it personally. I still love CEDC!
Somebody just filed something in the public records that is going to be huge...
The likely situation is the shipment would be labeled from the Brewer directly not from DKAM, so look for that brewer's name on the report to see the return. Problem with that is, the Brewer probably ships more than just Reinegold into the state so when you see a large number don't freak out and think there is more sold then you anticipated.
I wish FO would break off their alc/bev unit already...
Cool. Glad we have that understanding.
Yes, I am sure they jumped on late to push it down, then grab some at the low to make their portfolio shine.
I am sure there is a better way to do than to have 300 points throughout the country.
I just researched the wines LIQR PR'ed. They are really high dollar juice!
Oh I wish you well Johnny, I really don't wish you or any others Ill Will. Good luck with the flips.
Nice close today for you guys. HA HA HA!
You have never been confrontational, I could never take offense to this sort of request!
CEDC is both a brand asset based and distribution sales based organization. Strip away the "Goodwill" of brand acquisitions (balance sheet fluff) add in the high cost of multi-point distribution hubs throughout Poland, (for some reason they do not centralize distribution) and add a touch of "complex financial debt service" to achieve the valuation of $10.
I am not saying that it should stay at $10, I am merely saying that when CEDC is under attack as it is currently, the asset value for the trade is $10, so that is a safe level to shelter the blows.
(IMHO, I am not a professional adviser)
PK must have needed a certain number of shares to get the vote to reverse split again...
Can't wait to see what tomorrow will bring! Still a turd IMHO, and by the way, still less than 1 penny by a long shot!
My posts have been the same on this stock since it was in the $30's, the value is $10, anything more is vig on the deal at this time.
Tequila has gotten so expensive that you need a rebate to pay for it!
Cleared all my buys other than $10 as I have said long before. I love CEDC but they have to be valued right to make any money off of them.
It looks good huh? What is your cost basis and inventory so we can track and see...
Now comes the DILUTION! Good luck with that!
Seeing STarZ!!!
DKAM filing is so funny. Olifant sets all time record for crappy investment: Buy a company from a friend for $1M then sell $5K of the stuff in a quarter. That is not even one month worth of payments back to the line of credit!
LOL. DKAM is such a great company!!!
I don't see that as too much of a risk. Good luck with it!
I saw DEO is considering selling Jose Cuervo for $2BN. I think they should keep it.
Sonny, I don't expect you to understand this, but DKAM did not win against LIQR. DKAM won against Liquor Group Holding, LLC. This is a company that LIQR did not own, they just had a contract with them.
LIQR lost nothing and will have to pay nothing. DKAM will get nothing from Liquor Group Holding, LLC because it has been out of business for several years from what I can tell.
If you go to SUNBIZ.org and look it up, you will see what I am talking about.
Good luck with DKAM, I think it will go much lower then reverse again.
I love CEDC, but I think they need to regroup a bit, that is why I keep with my $10 Share value. If they focused on more brand acquisitions and went deeper in their existing market penetration they would be more profitable.
Hey Boston,
Still hoping for that "Golden Cross"? I think you got suckered into buying a cheap brass replica...
Griff look up the board ticker to find what you are looking for...
There sure is a lot of Chinese people that drink, just wondering if they will drink Polish Vodka?
I still stand with my much earlier posts that CEDC is good at a $10 buy in.
Looks like a good move!
I think that it is a value play at $10, so anything near there should be a good point of entry.
Good luck with that. Post your entry and exit strategy if you have the gumption, so we can all watch your success.
They've got no money to pay their bills...
Here is my theory:
DKAM signs a financing agreement with XYZ. XYZ loans DKAM $50,000 at a clip secured by $100,000 of stock at current value, maybe more as a short term close ended note. DKAM automatically defaults on the note, XYZ Sells the stock in the open market.
XYZ arranges for buyers to take their shares at a discount so it always drops the stock price.
All wait until PR to sell so that there is a mix of buyers from the street and from XYZ's stable of customers.
Just a theory, but nothing else here makes any sense...
Looks like you got your wish! Another ALL TIME LOW PPS below $0.003 printed today! Boy is this thing going in the right direction or what? Soon you will be able to pick this stock up for $0.0001 per share, that is when it will really turn around!
Think about this, LIQR trading at 0 but at a value of $3 with a bid over $1.00. Obviously shareholders don't want to sell at $1 and new blood does not want to buy at $3. Shareholders holding tight for many months now, wonder why?
Now consider that every other pink out there blames Naked Canadian Illuminati Caribbean Short Traders for the downfall of their stock, yet LIQR does not drop, and if it ever does, it bounces up literally with 100 shares...
Must be something to it, right?
Interesting that there has been no selling off of LIQR after the news, even though it actually had no effect on LIQR itself once you read the SEC document. The shareholders are firm about their commitment to this company!
GO READ THE POSTS IN THE LIQR BOARD ABOUT DKAM'S WIN. LMAO!!!