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Beer & Beverage Life is too short to drink cheap beer.

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Old 05-09-2019, 09:07 PM   #1
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Boston Beer buys Dogfish Head

$300 million.

Good buy?

“Americans have the right and advantage of being armed, unlike the people of other countries, whose leaders are afraid to trust them with arms.” – James Madison.
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Old 05-11-2019, 10:58 AM   #2
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Thats a tough one....2018 DF forcasted to produce 300,000 bbls. Lets assume they make $1 profit per 16 oz. beer. They would have to make and sell 1.2 million barrels (or four years production) to make $300 million.

Ok...yeah thats sounds good but not think of your mortgage and your annual salary.....your house is worth 3 or four times your salary but you certainly cant pay it off in 4 years because of your expenses.

I think there is so much competition out there right now that this could be quite risky of a move....or it could be brilliant! What do I know? LOL time will tell!

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Old 05-17-2019, 07:52 AM   #3
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They have been friends for a long time now. This was to keep DH from being taken over in my opinion. Deep pockets probably not too concerned on the return on investment me thinks.
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