Beer

[BillyDee]

You're an influencer now

 

[Jack Regan]

Must be loaded if you can afford perfect draught prices

 

[Jinky]

Must be loaded if you can afford perfect draught prices

Gotta keep an eye out for those deals

 

[leedswolf]

View attachment 15867View attachment 15868

I popped a post on the Perfect Draft Facebook page the other day, saying how good the Faith was and how pleased I was that they’ve added it to their offerings - and the Sales Manager of Northern Monk reached out to me to ask for my address so he could send me a few bits as a thank you. These arrived in the post today. What a brewery and a lovely touch!

Just a pity NMBCo have their obsession with brewing 'novelty' ales aka Northern Rebel/Tiny Monk.

 

[leedswolf]

‘It’s ridiculous’: publicans bemused by rise of single-file queues to get served

Bar owners say they struggle to dissuade people from forming a line as behavioural experts point to post-pandemic ‘new norms’

www.theguardian.com

 

[Jack Regan]

Scottish craft beer brand Brewdog put up for sale

Consultants Alix Partners have been brought in to oversee the sales process which could lead to the businesses being broken up.

www.bbc.co.uk

 

[Tredman]

How sad.

 

[leedswolf]

Scottish craft beer brand Brewdog put up for sale

Consultants Alix Partners have been brought in to oversee the sales process which could lead to the businesses being broken up.

www.bbc.co.uk

The fucking irony...

 

[Loki]

If you`re ever in St. Kitts.....

 

[Sniffer]

Regarding the brewdog restructuring, how can an investor who bought a 22% stake be in line to walk away with a huge profit yet private investors who were in place both before and after that deal look likely to be left with nothing?
I know it’s obviously not criminal but absolutely disgusting that small investors are fleeced.

 

[Paddingtonwolf]

Probably because they have a contract that says it.

 

[leedswolf]

Regarding the brewdog restructuring, how can an investor who bought a 22% stake be in line to walk away with a huge profit yet private investors who were in place both before and after that deal look likely to be left with nothing?
I know it’s obviously not criminal but absolutely disgusting that small investors are fleeced.

Depends on the share classification doesn't it?

 

[Paddingtonwolf]

If you buy shares on the open market then you take on all the risk and reward of share price movements.

If you are an equity investor you probably insist on preferential shares to be issued to you that are first in the queue, and also a guaranteed minimum pay out. And if the smaller concern won't give you what you want, you don't invest.

 

[leedswolf]

If you buy shares on the open market then you take on all the risk and reward of share price movements.

If you are an equity investor you probably insist on preferential shares to be issued to you that are first in the queue, and also a guaranteed minimum pay out. And if the smaller concern won't give you what you want, you don't invest.

A lot of Brewdog shares bought by 'members' were class B or C and the terms defined in the articles of association IIRC.

 

[Paddingtonwolf]

Terms for any class of share have to be in the articles or an addendum to them when a new class is issued (which would also be in the prospectus which has to be available to current shareholders when a new class is created as the shares have to be offered to them because of pre-emption rights).

All the classes of share will have a ranking in terms of dividend entitlement and payout entitlement.

Plus I find myself wondering why customers would invest in a business like brewdog. Liking the product isn't always a great reason to invest in a company. Likelihood of future dividends and a business model and industry that indicates a higher chance of share price growth should be informing an investment decision rather more.

Small stocks tend to be more volatile, so you could get minted but equally you can get burned and lose your shirt.

As any prospectus says, the value of your investment may go down as well as up.

 

[Kenny]

Plus I find myself wondering why customers would invest in a business like brewdog.

For the equity for punks it would mainly be for the free drinks and discounts

 

[Paddingtonwolf]

Well then it is an incredibly duff investment decision if you now moan about losing on the shares when the cheap beer was the motivator.

 

[Kenny]

I am of course guessing on that but the discounts part was put at the front end of the selling it.

 

[Kenny]

From this equity for punks was just really a crowd funding exercise rather than a long term investment.


Imagine now having that worthless Brewdog tattoo...

 

[Paddingtonwolf]

So the shareholder right to attend the AGM and be able to question senior management is sold as "come to the piss up". No mention of dividend rights on the shares, or any even pie in the sky projections about future share growth.

All in all I would call that a superlatively wank share offer. People taking them up on it shouldn't have had to look too hard to spot red flags against investment.