Asia Pacific Breweries Chart - Takeover Battle

Asia Pacific Breweries - COT Proxy
Asia Pacific Breweries - COT Proxy

It is TIGER TIME! This is one stock that everyone is watching now. A takeover battle is in the works. It all started when a Thai billionaire acquired stakes from OCBC and somehow the other shareholders get all jittery and now Heineken NV and Japan's Kirin Holdings are joining in the fun!

It was reported that block trades were made this week as unknown buyers are accumulating shares. If we take a look at the COT Proxy, we know that the "big boys" or whoever they are have been accumulating since 14 June 2012 when the prices are still low at 34.50!

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