Bud APAC has dropped more than 50% over the last year but trades at a higher forward PE compared to peers. Deletion from passive portfolios next month would require trackers to sell a lot of stock.
Boomeranged on Thu, 8 Feb 2024 06:31
Bud APAC is up since the Insight was published and is near the upper end of the downward sloping channel. With Hong Kong closed Monday and Tuesday next week, this is a good opportunity to sell stock before announcements of any changes are made.
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