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August 5, 2014

Beer drinking has finally stabilized. Seemed that everybody was saying nobody is drinking beer any more. Global beer sales were up in the last quarter. They are also the biggest craft brewer in the world. Likes its joint venture with SABMiller called MillerCoors. Thinks at some point SAB is going to look at Millers to Buy it. If so that could be hugely accretive to its earnings. Yie;d of 2.2%.

Beer drinking has finally stabilized. Seemed that everybody was saying nobody is drinking beer any more. Global beer sales were up in the last quarter. They are also the biggest craft brewer in the world. Likes its joint venture with SABMiller called MillerCoors. Thinks at some point SAB is going to look at Millers to Buy it. If so that could be hugely accretive to its earnings. Yie;d of 2.2%.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$67.210
Owned
Yes