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Compania Cervecerias Unidas ADR Representing Two Ord Shs V.CCU


Primary Symbol: CCU

Compania Cervecerias Unidas S.A. is a diversified beverage company operating principally in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. The Company's segments include Chile, International Business and Wine. The Company carries a portfolio of products, which includes a range of brands of alcoholic and non-alcoholic beer, with Cristal as its primary brand in Chile. In addition, it produces and distributes Heineken beer; distributes Sol beer and Budweiser beer, and distributes and produces Kunstmann and Austral beer in Chile. The International Business segment includes operations in Argentina, Paraguay and Uruguay. The Company, through Vina San Pedro Tarapaca S.A. (VSPT), produces and markets a range of wine products for the domestic and mainly the export market.


NYSE:CCU - Post by User

Post by onedayyyyyyyyon Nov 30, 2007 1:24pm
349 Views
Post# 13896272

The drop from $1.50 to .06

The drop from $1.50 to .06makes no sense. The only thing known is that the Q is going to be late and that there are some adjustments to be made. Now, when ccu was trading at $1 to $2 the market saw that this was justified by the large deposits in our mine. Have we lost those deposits. No, they are still there. Financially ccu couldn't be as bad off as to have the pps go to .06 from $1.50 in weeks. People are afraid of things they don't understand and when it comes to the market they can't get out fast enough on the first bump in the road. I feel that ccu was killed by the Bre-x syndrome. To $1 we go.
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