Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by XpertInvestoron Oct 29, 2014 11:51pm
118 Views
Post# 23075226

RE:US$1m from Bursa and Kavaklitepe sale...

RE:US$1m from Bursa and Kavaklitepe sale...This US$1m certainly makes buying CCU at 0.1c that much more attractive. You are buying it for the cash component only (and assuming nil value for Albania project). Albania is surely the key to success for CCU? Once the $1m has been banked (subject to due diligence by Teck Resources) they will have reasnable funding to get Albania going. I can't recall if they gave an original $amount in relation to how much was needed to get things going in Albania but this surely gievs them a great start. As always, we await the final awarding of the exploitation licence. Once these are all lined up then my gut feeling is that we may (finally) strat to see some sustained upward movement in the share price. IMO this could be a real truning point for CCU. Fingers crossed for the licences to come thru soon!
<< Previous
Bullboard Posts
Next >>