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Heineken: Expect Painful Decline To Continue - Sell [Seeking Alpha]
HEINEKEN N V S/ADR (HEINY)
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Source: Seeking Alpha
NASDAQ:AMEX Investor Relations: theheinekencompany.com/investors
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HEINY's premium valuation (EV/FCF ~20x) lacks margin of safety, with cost savings masking underlying structural headwinds. Developed markets, comprising 71% of profit
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