Brewdog shares
Discussion
SmoothCriminal said:
The important point there is the valuation is by the companies owner. He's a narcissist self publicist IMO, and any IPO would no doubt value it far lower than what he says it might be worth. As with the comment above the shares are far more like crowdfunding than any shareholding - without any ability for prices to move higher or lower and no dividends paid you're never "making money" from the shareholding, unless they become listed and you can transfer your shareholding to a more normal arrangement.
Aside from everything else, the beers are not all that nice, and they're brewed on an industrial estate outside Perth.
Condi said:
SmoothCriminal said:
The important point there is the valuation is by the companies owner. He's a narcissist self publicist IMO, and any IPO would no doubt value it far lower than what he says it might be worth. As with the comment above the shares are far more like crowdfunding than any shareholding - without any ability for prices to move higher or lower and no dividends paid you're never "making money" from the shareholding, unless they become listed and you can transfer your shareholding to a more normal arrangement.
Aside from everything else, the beers are not all that nice, and they're brewed on an industrial estate outside Perth.
They aren't anywhere near Perth. You'll find that a lot of breweries are in industrial estates.
Edited by Driver101 on Tuesday 30th March 19:22
Driver101 said:
Brewdog have made lots of quality beers over the years. A lot of people say their beers aren't nice. It tends to be people who either dislike the company, or people that don't drink beer. To say their beers aren't all that nice isn't fair or true.
Surely that is a matter of personal taste? I can assure you I drink plenty of beer, but Brewdog has never been a brand I look for, based on past experience of their products. If "a lot of people" say their beers aren't that nice, then maybe there is some truth in it. rustyuk said:
Brewdog to me are a marketing company that happen to sell beer.
I am not their biggest fan but I think you do them a bit of a disservice. From nothing they’ve built a multinational brewing company with 2000 employees, 200000 gallons a year production. significant investment, not just from crowdfunded campaigns, half a dozen breweries world wide and bars all over the place.Condi said:
Driver101 said:
Brewdog have made lots of quality beers over the years. A lot of people say their beers aren't nice. It tends to be people who either dislike the company, or people that don't drink beer. To say their beers aren't all that nice isn't fair or true.
Surely that is a matter of personal taste? I can assure you I drink plenty of beer, but Brewdog has never been a brand I look for, based on past experience of their products. If "a lot of people" say their beers aren't that nice, then maybe there is some truth in it. If you have any interest in beer then you'll know that Brewdog have made lots of very good beers. When people say otherwise they are talking nonsense.
Your post above you were writing disparaging comments about Brewdog based on their location and because they were in an industrial estate. That's the odd criticisms that Brewdog face. People look for reasons to knock them and come away with stuff like that.
It surprises me that you've drunk a lot of Brewdog beer, and read the stories, but didn't know their location.
Out of curiosity, what's your go to beers?
What Brewdog did you try that you didn't like?
Edited by Driver101 on Tuesday 30th March 20:33
abzmike said:
rustyuk said:
Brewdog to me are a marketing company that happen to sell beer.
I am not their biggest fan but I think you do them a bit of a disservice. From nothing they’ve built a multinational brewing company with 2000 employees, 200000 gallons a year production. significant investment, not just from crowdfunded campaigns, half a dozen breweries world wide and bars all over the place.rustyuk said:
I wasn't trying to downplay their achievements but highlight that they are a fantastic marketing company that happen to promote beer.
Beer that they brew, does that not make them brewers who are fantastic at marketing?As luck would have it, I got a few cans of layer cake stout delivered today, and a few cans of fifty fifty lager so me an my son can enjoy a shandy with our tea. I've missed the boat on the shares/discounts now, but I've a nephew who's a chef in one of their pubs up here, need to look into that.
Always remember: it's cool to s
t on companies that are doing well.
Brewdog make some fantastic beers, and their pubs are nice places to sit. I appreciate a modern and classy pub such as a brewdog as much as I like a wonky-beamed medieval pub with a roaring fire and doggies sitting under their master's stools.
Do we have to add 'CAMRA approved room temp frothy hand pulled beer that smells like armpits' to the list of PH approved things now?
t on companies that are doing well. Brewdog make some fantastic beers, and their pubs are nice places to sit. I appreciate a modern and classy pub such as a brewdog as much as I like a wonky-beamed medieval pub with a roaring fire and doggies sitting under their master's stools.
Do we have to add 'CAMRA approved room temp frothy hand pulled beer that smells like armpits' to the list of PH approved things now?
I bought into Brewdog, not because they are a marketing company but because I like their beer. When we were allowed in offices, we used to congregate in Brewdog quite a bit.
Nice beer, tasty pizza. What's not to like.
I punted £500, got some nice discounts which eventually will pay for themselves. I may never make any money, but I might.
Not really sure what their location has to do with it.
One of our excellent local breweries, also raised money from its punters, very successfully. It has allowed it to grow and become even more excellent.
Nice beer, tasty pizza. What's not to like.
I punted £500, got some nice discounts which eventually will pay for themselves. I may never make any money, but I might.
Not really sure what their location has to do with it.
One of our excellent local breweries, also raised money from its punters, very successfully. It has allowed it to grow and become even more excellent.
Condi said:
The important point there is the valuation is by the companies owner.
He's a narcissist self publicist IMO, and any IPO would no doubt value it far lower than what he says it might be worth. As with the comment above the shares are far more like crowdfunding than any shareholding - without any ability for prices to move higher or lower and no dividends paid you're never "making money" from the shareholding, unless they become listed and you can transfer your shareholding to a more normal arrangement.
Aside from everything else, the beers are not all that nice, and they're brewed on an industrial estate outside Perth.
I'm only pitching in with local knowledge as I'm a few miles away.. Brewdog's 'home' brewery is in Ellon (Aberdeenshire) - further north than Perth.He's a narcissist self publicist IMO, and any IPO would no doubt value it far lower than what he says it might be worth. As with the comment above the shares are far more like crowdfunding than any shareholding - without any ability for prices to move higher or lower and no dividends paid you're never "making money" from the shareholding, unless they become listed and you can transfer your shareholding to a more normal arrangement.
Aside from everything else, the beers are not all that nice, and they're brewed on an industrial estate outside Perth.
I put in £98 I believe for 2 shares then there was some big billion dollar investment announced at one of the AGMs that bumped the value up. I am eager to know the 'true' value of that £98 now as this was 7/8 years ago but I can only imagine I'd be underwhelmed.
Never mind, I do like a can of Punk/Hazy Jane every now and then so I'll take my discount and continue to enjoy!
BBenzzz said:
I'm only pitching in with local knowledge as I'm a few miles away.. Brewdog's 'home' brewery is in Ellon (Aberdeenshire) - further north than Perth.
I put in £98 I believe for 2 shares then there was some big billion dollar investment announced at one of the AGMs that bumped the value up. I am eager to know the 'true' value of that £98 now as this was 7/8 years ago but I can only imagine I'd be underwhelmed.
Never mind, I do like a can of Punk/Hazy Jane every now and then so I'll take my discount and continue to enjoy!
It's complicated, like you i bought 2 shares in 2013, they were then split into a higher number of smaller value shares, they appear to be being sold for less than £20 each on the brewdog forum, i only like a couple of their beers but i'll hang onto the shares in case they rise in value.I put in £98 I believe for 2 shares then there was some big billion dollar investment announced at one of the AGMs that bumped the value up. I am eager to know the 'true' value of that £98 now as this was 7/8 years ago but I can only imagine I'd be underwhelmed.
Never mind, I do like a can of Punk/Hazy Jane every now and then so I'll take my discount and continue to enjoy!
I never fancied these brewdog 'shares'... It looked to me like a typical crowdfunding campaign but with a 'shareholders' booze-up once a year and some discounts.... I don't live near a big city and don't really drink (much) at home
From being a small 'craft' brewer to what they are now, a large mutli national, their beers have changed over the years... not always for the better - Punk IPA is not the Punk IPA of years ago, neither is my Brewdog go-to beer 5am Saint. Both good but NOT the same beers, I think you always lose something going from a manual brewing process to an automated one
Whatever you think of the two guys who founded Brewdog, you can't deny their nous for spotting the trend for craft beer and not only jumping on the bandwagon but steering it for a time in the direction that suited them
Some said they sold out to TSG Consumer Partners & it did raise a few eyebrows as previously they had withdrawn Meantime brews from their bars after Meantime was bought by SAB Miller (TSG has a substantial minority holding in Pabst, purveyor of just the sort of industrial brews Watt and Dickie swore they would never sell out to)
Of course the £100m ish they ended up with (after the boys trousered their share) has enabled them to expand at a much faster rate than any equity for punks crowdfunding could do
My go-to beers - as mentioned above, anything from Tiny Rebel - i was shocked when Cwtch actually won CAMRA CBOB in 2015
or anything from Manchester brewery Squawk.... You won't go far wrong trying anything from either brewery
Cheers
From being a small 'craft' brewer to what they are now, a large mutli national, their beers have changed over the years... not always for the better - Punk IPA is not the Punk IPA of years ago, neither is my Brewdog go-to beer 5am Saint. Both good but NOT the same beers, I think you always lose something going from a manual brewing process to an automated one
Whatever you think of the two guys who founded Brewdog, you can't deny their nous for spotting the trend for craft beer and not only jumping on the bandwagon but steering it for a time in the direction that suited them
Some said they sold out to TSG Consumer Partners & it did raise a few eyebrows as previously they had withdrawn Meantime brews from their bars after Meantime was bought by SAB Miller (TSG has a substantial minority holding in Pabst, purveyor of just the sort of industrial brews Watt and Dickie swore they would never sell out to)
Of course the £100m ish they ended up with (after the boys trousered their share) has enabled them to expand at a much faster rate than any equity for punks crowdfunding could do
My go-to beers - as mentioned above, anything from Tiny Rebel - i was shocked when Cwtch actually won CAMRA CBOB in 2015
or anything from Manchester brewery Squawk.... You won't go far wrong trying anything from either brewery
Cheers
I'm not a huge fan of the drinks range offered by Brewdog but their venues I've visited have been nice places to go (for pubs).
Oddly, after reading this thread a few days ago, I now see this advert:
https://www.facebook.com/21251598643/posts/1016035...
Oddly, after reading this thread a few days ago, I now see this advert:
https://www.facebook.com/21251598643/posts/1016035...
Thought I would update this with my findings in case anybody is interested.
I contacted Brewdog questioning their right to change the percentage discount, given that when I purchased the shares it was a tiered offering, the more you bought the bigger the discount.
I have received a response explaining in detail why there is no breach of contract and that the rights attached to B shares are laid down in the Articles of Association. At the AGM in 2019 the majority vote was in favour of allowing the Company to alter the rights attaching to “B” Shares, including the discount levels.
I contacted Brewdog questioning their right to change the percentage discount, given that when I purchased the shares it was a tiered offering, the more you bought the bigger the discount.
I have received a response explaining in detail why there is no breach of contract and that the rights attached to B shares are laid down in the Articles of Association. At the AGM in 2019 the majority vote was in favour of allowing the Company to alter the rights attaching to “B” Shares, including the discount levels.
Russ T Bolt said:
Thought I would update this with my findings in case anybody is interested.
I contacted Brewdog questioning their right to change the percentage discount, given that when I purchased the shares it was a tiered offering, the more you bought the bigger the discount.
I have received a response explaining in detail why there is no breach of contract and that the rights attached to B shares are laid down in the Articles of Association. At the AGM in 2019 the majority vote was in favour of allowing the Company to alter the rights attaching to “B” Shares, including the discount levels.
That's not a fair way of explaining it. There wasn't a vote at the AGM. It only takes the major shareholders to vote to outweigh everyone else. This was pushed through without the minor shareholders knowledge or agreement. I contacted Brewdog questioning their right to change the percentage discount, given that when I purchased the shares it was a tiered offering, the more you bought the bigger the discount.
I have received a response explaining in detail why there is no breach of contract and that the rights attached to B shares are laid down in the Articles of Association. At the AGM in 2019 the majority vote was in favour of allowing the Company to alter the rights attaching to “B” Shares, including the discount levels.
As per earlier the prices of the core beers are cheaper than before. Although your discount is smaller the price of the beer is less. The shop used to be used by nearly only shareholders. The prices were too high. Now the prices of the beers are lower and the shop sells the majority of beer to unconnected customers now.
Driver101 said:
Russ T Bolt said:
Thought I would update this with my findings in case anybody is interested.
I contacted Brewdog questioning their right to change the percentage discount, given that when I purchased the shares it was a tiered offering, the more you bought the bigger the discount.
I have received a response explaining in detail why there is no breach of contract and that the rights attached to B shares are laid down in the Articles of Association. At the AGM in 2019 the majority vote was in favour of allowing the Company to alter the rights attaching to “B” Shares, including the discount levels.
That's not a fair way of explaining it. There wasn't a vote at the AGM. It only takes the major shareholders to vote to outweigh everyone else. This was pushed through without the minor shareholders knowledge or agreement. I contacted Brewdog questioning their right to change the percentage discount, given that when I purchased the shares it was a tiered offering, the more you bought the bigger the discount.
I have received a response explaining in detail why there is no breach of contract and that the rights attached to B shares are laid down in the Articles of Association. At the AGM in 2019 the majority vote was in favour of allowing the Company to alter the rights attaching to “B” Shares, including the discount levels.
As per earlier the prices of the core beers are cheaper than before. Although your discount is smaller the price of the beer is less. The shop used to be used by nearly only shareholders. The prices were too high. Now the prices of the beers are lower and the shop sells the majority of beer to unconnected customers now.
I disagree regarding the prices of the beers, I have already posted an example above of the closest match for the type of beer I drink, that has actually gone up.
I can't compare their other beer prices as I have never bought them.
Russ T Bolt said:
Driver101 said:
Russ T Bolt said:
Thought I would update this with my findings in case anybody is interested.
I contacted Brewdog questioning their right to change the percentage discount, given that when I purchased the shares it was a tiered offering, the more you bought the bigger the discount.
I have received a response explaining in detail why there is no breach of contract and that the rights attached to B shares are laid down in the Articles of Association. At the AGM in 2019 the majority vote was in favour of allowing the Company to alter the rights attaching to “B” Shares, including the discount levels.
That's not a fair way of explaining it. There wasn't a vote at the AGM. It only takes the major shareholders to vote to outweigh everyone else. This was pushed through without the minor shareholders knowledge or agreement. I contacted Brewdog questioning their right to change the percentage discount, given that when I purchased the shares it was a tiered offering, the more you bought the bigger the discount.
I have received a response explaining in detail why there is no breach of contract and that the rights attached to B shares are laid down in the Articles of Association. At the AGM in 2019 the majority vote was in favour of allowing the Company to alter the rights attaching to “B” Shares, including the discount levels.
As per earlier the prices of the core beers are cheaper than before. Although your discount is smaller the price of the beer is less. The shop used to be used by nearly only shareholders. The prices were too high. Now the prices of the beers are lower and the shop sells the majority of beer to unconnected customers now.
I disagree regarding the prices of the beers, I have already posted an example above of the closest match for the type of beer I drink, that has actually gone up.
I can't compare their other beer prices as I have never bought them.
Jet Black Heart Nitro is £3 per can in the supermarket. You can buy 4 cans directly from Brewdog for less and that's before discount. In the past is was cheaper buying from the supermarket even after discounts.
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