Kev sib tham ntawm ob qho kev sib koom ua ke muaj peev xwm ua tiav, Bloomberg tau tshaj tawm, hais txog cov neeg paub txog qhov teeb meem. Kev pom zoo tuaj yeem ua tiav nyob rau lub asthiv tom ntej, tsab ntawv ceeb toom ntxiv.
Monster Beverage (ticker: MSNT) Tshuag tau nce 1.2% sai tom qab qhib, thaum Constellation Brands (STZ) poob 2.5% qis dua.
Monster, uas
Tso Tsheb Hlau Coca-Cola
yog tus tswv lag luam loj, nkag mus rau hauv kev lag luam cawv cawv ua ntej lub xyoo no, tshaj tawm nws qhov kev yuav khoom ntawm cov khoom siv tes ua npias thiab nyuaj seltzer tsim CANarchy Craft Brewery.
Kev sib koom ua ke nrog Constellation yuav yog lwm kauj ruam tseem ceeb rau kev haus cawv.
Ob lub tuam txhab muaj kev lag luam zoo sib xws - Monster Beverage ntawm $ 43.7 billion thiab Constellation Brands ntawm $ 44.3 billion, raws li cov ntaub ntawv FactSet. Qhov ntawd tsis yog qhov xwm txheej thaum cov lus ceeb toom ntawm qhov muaj peev xwm khi-up thawj zaug tshwm sim thaum lub Kaum Ib Hlis vim Monster Tshuag tau poob ib ncig ntawm 8% txij thaum ntawd los.
Vim li ntawd, RBC Capital Markets kws tshuaj ntsuam xyuas pom kev sib koom ua ke ntawm qhov sib npaug, nrog 50-50 sib cais ntawm cov tswv cuab ntawm txhua lub tuam txhab, raws li qhov xwm txheej zoo tshaj plaws yog tias kev sib koom ua ke xaus tau pom zoo.
"Kev sib koom ua ke yuav tsim lub tuam txhab dej haus tag nrho nrog ntau dua $ 14 nphom hauv kev muag khoom thiab ntau dua $ 5 nphom hauv Ebitda," cov kws tshuaj ntsuam xyuas, coj los ntawm Nik Modi, tau hais. Qhov ntawd tuaj yeem ua rau muaj peev xwm sib koom ua ke ntawm ib puag ncig 3% ntawm cov tuam txhab nyiaj tau los ua ke, lawv ntxiv.
Hauv qhov xwm txheej tsis pom zoo, kev sib koom tes lossis kev sib koom ua lag luam tuaj yeem yog qhov kev xaiv, Modi tau sau tseg.
Coca-Cola zoo li yuav yog "tus neeg txaus siab," lawv hais tias, muab nws cov tswv cuab ntxhib 19% ntawm Monster thiab lub zog haus dej haus kev nkag mus rau Coca-Cola lub ntiaj teb kev faib tawm.
"Peb xav tias qhov kev txhawb siab tseem ceeb tom qab muaj peev xwm ntawm peb txoj kev koom tes / JV tuaj yeem ua kom muaj zog Coke network thoob ntiaj teb, tso cai rau cov neeg haus cawv nkag mus rau cov dej cawv thiab ntxiv dag zog rau lawv cov nyiaj txiag noj qab haus huv nrog ntau dua," Modi hais.
Tab sis Coca-Cola tuaj yeem yog ntau tshaj li ib tus neeg txaus siab hauv kev hais plaub, raws li Stifel cov kws tshuaj ntsuam. Muab hais tias Constellation tus nqi lag luam tam sim no yog 32% siab dua li Monster's, lawv tau hais tias kev sib koom ua ke ntawm qhov sib npaug yuav ua rau "Constellation tau txais dab thiab them tus nqi kom ua tau," lawv hais.
Txawm li cas los xij, qhov xwm txheej ntawd tsis muaj peev xwm sib koom ua ke thiab tuaj yeem cuam tshuam rau Monster kev lag luam, lawv ntxiv.
"Hloov pauv, peb txuas ntxiv mus saib qhov tau txais Monster los ntawm Coca-Cola ua qhov kev txiav txim siab tshaj plaws uas muab cov nqi muaj txiaj ntsig thiab kev muag khoom sib koom ua ke," lawv hais.
Raws li rau cov khoom lag luam, Stifel cov kws tshuaj ntsuam xyuas tau hais tias cov lus xaiv yuav zoo li "tso hauv pem teb" Monster shares ua ntej ntawm nws cov nyiaj tau los ntawm Lub Ob Hlis 24 vim tias cov tub ua lag luam tsom ntau dua rau cov txiaj ntsig ntawm kev lag luam mus sij hawm ntev.
Lwm qhov kev xaiv plausible rau qhov kev pom zoo yuav pom Monster Beverage ua kom tau tag nrho ntawm Constellation, RBC Capital Markets kws tshuaj ntsuam xyuas tau hais tias, thaum Monster kuj tuaj yeem tau txais nws cov neeg sib tw tab sis tom qab ntawd muag Constellation cov cawv thiab cawv ua lag luam rau cov hluas Ebitda ntau yam.
"Peb ntseeg tias Monster tuaj yeem tsis txaus siab rau Constellation cov cawv & cawv ua lag luam piv rau kev lag luam npias hauv qhov kev xav tau, muab cov kev sib koom ua ke qis dua hauv cawv thiab qis dua cov kab kev loj hlob ntawm kev lag luam," lawv hais.
Monster Beverage thiab Constellation Brands tsis tau teb tam sim ntawd rau kev thov tawm tswv yim.
Sau ntawv rau Callum Keown ntawm [email tiv thaiv]