Japanese beer company looking to take control of San Miguel Brewery

Last Friday, Bloomberg reported that Kirin was looking into the possibility of raising its stake in San Miguel Brewery. The Japanese beer giant already owns 48% of the company, with San Miguel Corporation owning 51%.
An increase in stake would almost certainly give Kirin control of San Miguel Brewery’s operations, which include significant inroads into the growing Southeast Asian market that the former covets. However, any deal for the Brewery would certainly come at a premium, but if Kirin is willing to dance, San Miguel Corporation might be willing to listen. After all, the Danding Cojuangco-chaired conglomerate has been actively seeking to diversify into high-growth, capital-intensive businesses over the last couple of years. Just this month, San Miguel has been reported to be included in deals involving a power plant in Mindanao, a major expressway from Manila to Tuguegarao, and an MRT project from Manila to Bulacan.
It would be hard to imagine San Miguel Corporation giving up control of its flagship brand, but stranger things have happened in the world of business. The conglomerate, in fact, has been quite active in major transactions involving large food and beverage businesses in the country. In 1998, San Miguel sold its stake in its ice cream and dairy business to erstwhile joint venture partner Nestle, which led to Magnolia ice cream being off the market for five years. In 2001, San Miguel bought the Purefoods business from the Ayala Corporation, which was looking to raise funds to finance capital expenditure for its Globe Telecom business. In 2007, San Miguel sold its stake in the local Coke business to the Coca-Cola Company, effectively ending a partnership that dates back to 1927.
Curiously, the last two transactions directly involved PBA ballclubs. It remains to be seen how this potential transaction would affect the status of the San Miguel team, who are a big part of the company’s culture owing to Cojuangco’s love of the sport; the Brewery’s corporate website, in fact, reserves a prominent spot for the Beermen. Will the San Miguel Corporation retain control of the Beermen even if it no longer controls the Brewery? Will the PBA franchise be re-assigned to another San Miguel subsidiary, that is, welcome back, Magnolia Beverage Masters? Or will Kirin take control of not just the Brewery, but the team as well?
Posted by jaemark
on March 8, 2010 at
16:26
| Comments (10)
| Trackback (1)
Tags: Basketball, Coca-Cola Tigers, Danding Cojuangco, Philippine Basketball Association, Purefoods Tender Juicy Giants, San Miguel Beermen
Tags: Basketball, Coca-Cola Tigers, Danding Cojuangco, Philippine Basketball Association, Purefoods Tender Juicy Giants, San Miguel Beermen
Skywalker
Rafe Bartholomew, author of Pacific Rims: Beermen Ballin' in Flip-Flops and the Philippines' Unlikely Love Affair with Basketball (available for pre-order now!), wrote a guest lecture discussing Philippine basketball for FreeDarko.com, one of the best basketball sites in the world. It’s certainly worth a read, as most of his stuff is, and continues his theme of putting over the unique Filipino brand of basketball for the rest of the world.
I also appreciated that Rafe decided to go with Samboy Lim highlight videos to kick things off. I came to know how special Samboy was pretty early, when I entered first grade in Letran. Officially, the Colegio listed St. John the Baptist as its patron saint, but everyone at school prayed to Samboy for divine intercession. It had been four years since he led Letran to a third straight NCAA championship, but his presence still loomed over the school.
In the PBA, fans of any persuasion went apeshit whenever Norman Black sent the Skywalker to the scorer’s table. Even the hardcore barangay in the bleachers of the Ultra couldn’t contain their excitement. Mostly it was because he was such an electric player, but part of it was because he was injured so often (with his high-risk style), so any minutes he could spend on the court for us to watch seemed so precious.
Unlike Atoy Co who belonged to Crispa, or Jaworski who belonged to Toyota/Ginebra, or Patrimonio who belonged to Purefoods, Samboy Lim was in the public domain. He belonged to not just to San Miguel, but to all of us.
I also appreciated that Rafe decided to go with Samboy Lim highlight videos to kick things off. I came to know how special Samboy was pretty early, when I entered first grade in Letran. Officially, the Colegio listed St. John the Baptist as its patron saint, but everyone at school prayed to Samboy for divine intercession. It had been four years since he led Letran to a third straight NCAA championship, but his presence still loomed over the school.
In the PBA, fans of any persuasion went apeshit whenever Norman Black sent the Skywalker to the scorer’s table. Even the hardcore barangay in the bleachers of the Ultra couldn’t contain their excitement. Mostly it was because he was such an electric player, but part of it was because he was injured so often (with his high-risk style), so any minutes he could spend on the court for us to watch seemed so precious.
Unlike Atoy Co who belonged to Crispa, or Jaworski who belonged to Toyota/Ginebra, or Patrimonio who belonged to Purefoods, Samboy Lim was in the public domain. He belonged to not just to San Miguel, but to all of us.
Posted by jaemark
on February 23, 2010 at
14:56
| Comments (12)
| Trackbacks (0)
Tags: Alvin Patrimonio, Barangay Ginebra Gin Kings, Basketball, Philippine Basketball Association, Rafe Bartholomew, San Miguel Beermen, Video
Tags: Alvin Patrimonio, Barangay Ginebra Gin Kings, Basketball, Philippine Basketball Association, Rafe Bartholomew, San Miguel Beermen, Video
In praise of Ryan Gregorio, and other thoughts on Purefoods vs. San Miguel
Purefoods coasted to a very, very impressive victory over San Miguel last night, winning the last three games in the series comfortably. The team will be making its third Philippine Cup finals appearance in the last five years, an impressive feat by any measure, so even if I wanted to make fun of Purefoods coach Ryan Gregorio, there’s just nothing to hang it on. The man deserves his due.
I specifically enjoyed his move to do away with physical practices for his team, going instead with video sessions and light walkthroughs, to conserve his players’ legs. It’s a technique that some coaches such as Mike D’Antoni have used to great effect, and it worked for Purefoods.
At this point, I have complete faith in Ryan Gregorio’s coaching. If, in the finals, he decides, “You know what, I’m not even going to go to the arena to coach, I’ll just text my instructions to Coach Ronnie during the game,” I’d be totally behind it. Papasahan ko pa siya ng load.
While we’re at it, here are some thoughts on the Purefoods-San Miguel semifinals:
Next up, a post on Alaska.
I specifically enjoyed his move to do away with physical practices for his team, going instead with video sessions and light walkthroughs, to conserve his players’ legs. It’s a technique that some coaches such as Mike D’Antoni have used to great effect, and it worked for Purefoods.
At this point, I have complete faith in Ryan Gregorio’s coaching. If, in the finals, he decides, “You know what, I’m not even going to go to the arena to coach, I’ll just text my instructions to Coach Ronnie during the game,” I’d be totally behind it. Papasahan ko pa siya ng load.
While we’re at it, here are some thoughts on the Purefoods-San Miguel semifinals:
- Was there supposed to be a game 7 in the script? Ryan Gregorio must not have received the email from SMC. They really should call to make sure.
- I’ve kept reiterating this on this site, but it’s true: the San Miguel Beermen are a bunch of frontrunners, and players like Jonas Villanueva and Mike Cortez are more likely to play better when they have the lead. They don’t really know how to play when they’re behind. In the last three games of the series, San Miguel did not taste the lead for even a second.
- San Miguel has great depth, and they are a good team. Still, I don’t get the way announcers wet themselves when they call the Beermen roster ‘full of superstars’. Are we calling Jay Washington and Denok Miranda superstars now? In this series, two of the three best players were playing for Purefoods.
- Also, for all the depth San Miguel has, it’s just a terribly-constructed roster, isn’t it? They have only one small forward in the rotation (Arwind Santos) and only one shooting guard (Dondon Hontiveros). They have four point guards and one combo guard, none of whom could apparently contain Roger Yap. They have three guys who play power forward in Danny Seigle, Danny Ildefonso, and Jay Washington, but none of those guys can rebound and defend consistently, so Siot Tanquincen is forced to play Santos at that spot.
This also means either Hontiveros or one of their midget guards has to play small forward. Their centers, Dorian Pena and Mick Pennisi, can clog the lane and score a little (Pena on layups, Pennisi on jumpers), but they’re both phone booth rebounders who are easy pickings for an athletic frontline such as the Purefoods crew. San Miguel just got killed in the paint, on offense, on defense and off the boards - I’ve said before that Marc Pingris plays exactly like Hanamichi Sakuragi. Here’s something interesting: Purefoods hasn’t missed the finals in every conference wherein Pingris wasn’t injured. In the 2005-06 season, after acquiring him from Air 21, Purefoods made the finals both times. The next season, Pingris had a nasty ankle fracture, causing him to miss the end of the team’s Philippine Cup campaign and a significant chunk of the Fiesta Conference. In the 2007-08 Philippine Cup, Purefoods made the finals again with Pingris healthy, narrowly losing to Sta. Lucia in seven games. But the team traded him to San Miguel in between conferences for Enrico Villanueva, and Purefoods hasn’t made it back to the finals until they re-acquired Pingris prior to the start of the current season.
It’s not a coincidence, and it’s not Pingris being a lucky charm a la Bolado. The success of Purefoods with Pingris in the roster underscores the significance of frontcourt length and athleticism in today’s PBA. More than that, Pingris is a difficult matchup for other frontcourts because of his motor, which is a rare commodity. Another guy with extraordinary motor, Rudy Hatfield, enjoyed similar success in the PBA. After the 2009 draft, Tim Cone said he took a flyer on unheralded prospect Michael Burtscher because of the young guy’s motor. - Speaking of frontcourt length and athleticism, one way the Purefoods big men affected San Miguel’s game was on the break. The Beermen’s M.O. is predicated on leaking out and getting cheap points on the fast break, but Purefoods’ bigs were crashing the boards hard, forcing San Miguel’s guards to lay back and help out on defensive rebounding. I’d be interested in seeing how many fast break points San Miguel got off rebounds in the last three games of the series; it couldn’t have been much.
- Dondon Hontiveros is a great basketball player, and in so many respects, he is much better than James Yap; he’s a better ballhandler and passer (especially on pick-and-rolls), he’s a better defender, he’s a better rebounder off loose balls (although Yap might be a better rebounder when the ball is up in the air), and he’s a more accurate shooter when open (Yap is better when shooting with a hand in the face). But Yap has one big edge, an explosive first step that allows him to get to the ring easily, and makes him impossible to defend one-on-one. Hontiveros doesn’t have that explosion, so when he tries to take his man off the dribble, more often than not, he has to take the ball back out and settle for a jumper. This makes Yap infinitely more dangerous than Hontiveros, and allows him to have a much bigger impact on a basketball game.
You could see this in play in the fourth quarter last night, when San Miguel started double-teaming Yap whenever he had the ball in the perimeter. Purefoods usually swung the ball to Roger Yap, who scored on a couple of drives in the clutch that put the game at bay off these plays. - By the way, the Roger Yap bandwagon? I’ve been driving it since the year 2000. Welcome, everyone! Glad you could join us.
- Also, Cesca Litton mentioned in her report last night that James Yap was distracted because his wife, Kris Aquino, was in the hospital after slipping in the bathroom and suffering a concussion. I’m sure everyone’s glad she’s ok, but it makes me wonder: How much better would he be if he didn’t have to deal with, uh, being married to Kris? I mean, crap like Dr. Margie Holmes writing a lengthy article on Pep discussing the couple’s married life. Doesn’t he deserve a medal, at this point?
- While we’re on the subject, Kris Aquino tweeted last week treated that she her cast mates to some food for her birthday. You know what she brought to the set? Cupcakes! I wonder where she ordered them.
Next up, a post on Alaska.
Posted by jaemark
on February 22, 2010 at
09:53
| Comments (21)
| Trackbacks (6)
Tags: Arwind Santos, Basketball, James Yap, Marc Pingris, Philippine Basketball Association, Purefoods Tender Juicy Giants, Ryan "The Genius" Gregorio, San Miguel Beermen
Tags: Arwind Santos, Basketball, James Yap, Marc Pingris, Philippine Basketball Association, Purefoods Tender Juicy Giants, Ryan "The Genius" Gregorio, San Miguel Beermen
An SMB fan speaks
Editor's Note: This guest post comes for Tiger Gimenez, a self-confessed San Miguel fanatic. I figured we needed a voice from the San Miguel side of things to balance things here at the blog. I had no idea he would go Tony Atayde on San Miguel management. Enjoy!
I am a San Miguel fan who wrote to Fire Quinito after the Alaska trade article, hoping to see a follow-up focusing on San Miguel. I was surprised when Jaemark asked if maybe I could do it instead since, according to him, I was “in a better position to give color to San Miguel’s trades over the years.” I think he also wanted it to come from someone who’s an SMB fan and not from someone who’s a huge Purefoods supporter like him, especially now with the hotly contested semi-final battle between both teams currently ongoing (I think it goes 7 games). Now even though I'm a HUGE SMB fanatic (ever since Ramon Fernandez came over), I’ve always been a very critical one – my family laughs at me because I shout advice and invectives at the SMB players and coaches on TV whenever they play – and I wanted to do a breakdown and analysis of all their recent bonehead moves.
One thing I notice is that Alaska always seems to be giving SMB the short-end of the stick in these trades and transactions. It’s like a never-ending litany of idiocy for San Miguel management.
First off they trade Nic Belasco for Brandon Cablay, and what happens? Cablay gets injured! Honestly, I don’t remember Brandon ever playing a full season, much less play any extended minutes in any SMB game. And this was the guy they hoped would replace Olsen in the line-up? As for Nic he became a vital cog and a very productive player for Alaska.
Then there's the god-awful LA Tenorio trade which just takes the cake for me. This is the best way to build a super team, trade away a young point guard on the cusp of greatness for an older one who's not as good and has a long history of injuries!
So what happens the first year of that trade? Tenorio blossoms and was a big reason why Alaska made the finals of the All-Filipino that year. As for Mike Cortez? He blows out his knee during the eliminations! Granted, they do win the Reinforced Conference that year, but that’s probably due more to the addition of Gabe Freeman than anything else. I tell you every time I see Tenorio hitting a crucial shot or dishing out an incredible assist while wearing an Alaska uniform, it just breaks my heart.
And now to top it all off, they leave Sam Eman unprotected, and sure as rain is wet Alaska snaps him up! WHAT IDIOTS! Alaska management totally owns the SMB brain trust. I have a feeling whenever Joaqui Trillo needs to upgrade his roster the first thing he thinks to himself is, “I wonder who on SMB we can use and how can we pry him away from them.” I've got to say, even though I hate Alaska's guts, their management team has earned my undying respect and admiration. Joaqui Trillo is the Filipino Jerry West! (Jerry West when he got Shaq and Kobe, not Jerry West during his Memphis Grizzlies years)
Seriously, who the hell makes the personnel decisions for SMB? It’s like watching a three-year old playing in rush-hour traffic. They did luck out with Arwind Santos, but that can be attributed more to Burger King’s ineptitude rather than the competence of SMB management. I guess it also helps that Alaska has had only one coach in 21 years, while SMB has gone through 5. I mean it’s probably easier to get people who’ll fit your system if your system didn’t keep changing every two or three years.
Also, what’s with this UAAP collegiate trip that SMB seems to be on? A couple of years ago they tried out an all-Ateneo core (Villanueva, Tenorio, Fonacier and Gonzalez), this time around it’s an FEU thing (Santos, Jonas Villanueva and Denok Miranda, who I HATE, but more on that later on). I mean just because they won a championship together in college is no guarantee that they’ll be able to do the same in the pros! Who thinks up of these schemes?
Finally, do you realize that all the super rookies that people were gushing about that SMB drafted in the past three years are now playing and even excelling in other teams? Tenorio and Eman with Alaska, and Gabby Espinas with Sta Lucia. I have a sinking feeling that now that Eman's in Alaska he's gonna start putting up double-doubles on a regular basis. Arrggghh! So even though the team that SMB has right now is really, really deep, imagine how much scarier they'd be if Tenorio , Belasco, Espinas and Eman were still there.
Just to say, even though I have a lot of complaints with how this team is built not to mention how it’s coached (Coach Siot maybe you should try taking advantage of your team’s size, I mean you have 8 guys who are all above 6’ 3”, just saying maybe you should look into that). I still root my heart out for them, I still watch them every time they play, I still shout and scream every time they win. I guess in the end I’ll still always be a true-blue SMB fanatic.
FINAL NOTE: I just have to say that I hate, I HATE Denok Miranda!! He's constantly driving to the hole but he can't freaking finish! Either he gets blocked or he misses the shot! Then on the rare occasions that he gets fouled he can't for the life of him sink his freethrows! Jeez! An added downside to this is that when he gets blocked or misses it usually leads to an opposing fast break since our safety guard (Denok) is usually on his back on the other end of the court! Denok, here's a suggestion: STOP going to the rack!
Seems I remember this also happening in one of their championship games against La Salle, instead of giving the ball to Arwind, Denok decides, the hell with it I'm going to the rim! Of course, he misses the shot, they lose the game and the championship. Sheesh, the thought that SMB could’ve had an LA Tenorio-Jonas Villanueva guard combo for the foreseeable future just makes me wanna cry!
I am a San Miguel fan who wrote to Fire Quinito after the Alaska trade article, hoping to see a follow-up focusing on San Miguel. I was surprised when Jaemark asked if maybe I could do it instead since, according to him, I was “in a better position to give color to San Miguel’s trades over the years.” I think he also wanted it to come from someone who’s an SMB fan and not from someone who’s a huge Purefoods supporter like him, especially now with the hotly contested semi-final battle between both teams currently ongoing (I think it goes 7 games). Now even though I'm a HUGE SMB fanatic (ever since Ramon Fernandez came over), I’ve always been a very critical one – my family laughs at me because I shout advice and invectives at the SMB players and coaches on TV whenever they play – and I wanted to do a breakdown and analysis of all their recent bonehead moves.
One thing I notice is that Alaska always seems to be giving SMB the short-end of the stick in these trades and transactions. It’s like a never-ending litany of idiocy for San Miguel management.
First off they trade Nic Belasco for Brandon Cablay, and what happens? Cablay gets injured! Honestly, I don’t remember Brandon ever playing a full season, much less play any extended minutes in any SMB game. And this was the guy they hoped would replace Olsen in the line-up? As for Nic he became a vital cog and a very productive player for Alaska.
Then there's the god-awful LA Tenorio trade which just takes the cake for me. This is the best way to build a super team, trade away a young point guard on the cusp of greatness for an older one who's not as good and has a long history of injuries!
So what happens the first year of that trade? Tenorio blossoms and was a big reason why Alaska made the finals of the All-Filipino that year. As for Mike Cortez? He blows out his knee during the eliminations! Granted, they do win the Reinforced Conference that year, but that’s probably due more to the addition of Gabe Freeman than anything else. I tell you every time I see Tenorio hitting a crucial shot or dishing out an incredible assist while wearing an Alaska uniform, it just breaks my heart.
And now to top it all off, they leave Sam Eman unprotected, and sure as rain is wet Alaska snaps him up! WHAT IDIOTS! Alaska management totally owns the SMB brain trust. I have a feeling whenever Joaqui Trillo needs to upgrade his roster the first thing he thinks to himself is, “I wonder who on SMB we can use and how can we pry him away from them.” I've got to say, even though I hate Alaska's guts, their management team has earned my undying respect and admiration. Joaqui Trillo is the Filipino Jerry West! (Jerry West when he got Shaq and Kobe, not Jerry West during his Memphis Grizzlies years)
Seriously, who the hell makes the personnel decisions for SMB? It’s like watching a three-year old playing in rush-hour traffic. They did luck out with Arwind Santos, but that can be attributed more to Burger King’s ineptitude rather than the competence of SMB management. I guess it also helps that Alaska has had only one coach in 21 years, while SMB has gone through 5. I mean it’s probably easier to get people who’ll fit your system if your system didn’t keep changing every two or three years.
Also, what’s with this UAAP collegiate trip that SMB seems to be on? A couple of years ago they tried out an all-Ateneo core (Villanueva, Tenorio, Fonacier and Gonzalez), this time around it’s an FEU thing (Santos, Jonas Villanueva and Denok Miranda, who I HATE, but more on that later on). I mean just because they won a championship together in college is no guarantee that they’ll be able to do the same in the pros! Who thinks up of these schemes?
Finally, do you realize that all the super rookies that people were gushing about that SMB drafted in the past three years are now playing and even excelling in other teams? Tenorio and Eman with Alaska, and Gabby Espinas with Sta Lucia. I have a sinking feeling that now that Eman's in Alaska he's gonna start putting up double-doubles on a regular basis. Arrggghh! So even though the team that SMB has right now is really, really deep, imagine how much scarier they'd be if Tenorio , Belasco, Espinas and Eman were still there.
Just to say, even though I have a lot of complaints with how this team is built not to mention how it’s coached (Coach Siot maybe you should try taking advantage of your team’s size, I mean you have 8 guys who are all above 6’ 3”, just saying maybe you should look into that). I still root my heart out for them, I still watch them every time they play, I still shout and scream every time they win. I guess in the end I’ll still always be a true-blue SMB fanatic.
FINAL NOTE: I just have to say that I hate, I HATE Denok Miranda!! He's constantly driving to the hole but he can't freaking finish! Either he gets blocked or he misses the shot! Then on the rare occasions that he gets fouled he can't for the life of him sink his freethrows! Jeez! An added downside to this is that when he gets blocked or misses it usually leads to an opposing fast break since our safety guard (Denok) is usually on his back on the other end of the court! Denok, here's a suggestion: STOP going to the rack!
Seems I remember this also happening in one of their championship games against La Salle, instead of giving the ball to Arwind, Denok decides, the hell with it I'm going to the rim! Of course, he misses the shot, they lose the game and the championship. Sheesh, the thought that SMB could’ve had an LA Tenorio-Jonas Villanueva guard combo for the foreseeable future just makes me wanna cry!
Posted by tiger
on February 21, 2010 at
16:12
| Comments (23)
| Trackback (1)
Tags: Alaska Aces, Arwind Santos, Ateneo Blue Eagles, Basketball, Philippine Basketball Association, Purefoods Tender Juicy Giants, San Miguel Beermen
Tags: Alaska Aces, Arwind Santos, Ateneo Blue Eagles, Basketball, Philippine Basketball Association, Purefoods Tender Juicy Giants, San Miguel Beermen
Betting on Purefoods coach Ryan Gregorio
Did you know that Purefoods has made the finals of the last two Philippine Cup tournaments held in an even-numbered year? It won the all-Filipino in 2006, and was runner-up to Sta. Lucia in 2008.
Also, did you know that Ryan Gregorio has never lost a PBA semifinal series in his career? Of course, getting there has always been the problem.
Finally, did you know that if Purefoods wins the championship, they’ll have the most all-Filipino championships of any active PBA franchise?
So, at the risk of jinxing the team (again!), I'll wager these:
If he loses, well, he’ll still always be Ryan “The Genius” Gregorio to me.
Also, did you know that Ryan Gregorio has never lost a PBA semifinal series in his career? Of course, getting there has always been the problem.
Finally, did you know that if Purefoods wins the championship, they’ll have the most all-Filipino championships of any active PBA franchise?
So, at the risk of jinxing the team (again!), I'll wager these:
- If Purefoods beats San Miguel in this series, I will refrain from criticizing Ryan Gregorio on this blog and on Twitter for one whole calendar year.
- If Purefoods wins the championship, I will not only refrain from criticizing him for three whole calendar years, I will use this blog to fiercely defend his performance. He can march out of the dugout half-naked, take a piss at the scorer’s table, and call a walk-out for the team after the opening tip, and I’ll defend him here.
If he loses, well, he’ll still always be Ryan “The Genius” Gregorio to me.
Posted by jaemark
on February 19, 2010 at
00:50
| Comments (230)
| Trackbacks (4)
Tags: Basketball, Philippine Basketball Association, Purefoods Tender Juicy Giants, Ryan "The Genius" Gregorio, San Miguel Beermen
Tags: Basketball, Philippine Basketball Association, Purefoods Tender Juicy Giants, Ryan "The Genius" Gregorio, San Miguel Beermen
(Page 1 of 8, totaling 39 entries)
» next page



Recent Comments