AB InBev: In among all the deals, where’s the share price?
Down, down, down, that’s where – for most of the time since it listed in January 2016 at R2,000. Now what?
For most of the time since it listed in January 2016 at R2,000 the AB InBev share price (https://www.sharenet.co.za/v3/quickshare.php?scode=ANH) has gone in one direction: downward.
In January 2019 the share price reached a three-year low of R930 after the biggest beer group in the world announced it would be cutting back on dividends to shore up its cash resources.
While the recovery, to about R1,310, provided relief it’s difficult to see how investor sentiment can be reversed while there’s $100bn of debt hanging over its head. ..