Author Topic: SAB  (Read 20258 times)

Moonraker

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SAB
« on: January 30, 2014, 12:30:08 pm »
This so called Rand Hedge is performing so poorly on the LSE that its Rand Hedge status here has been more than a
total disaster. It is one of my LT holds so am pretty disappointed.
BTI is a similar story - dead in the water on LSE. I hold those as well.

 :wall:


Fundamental

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Re: SAB - dead in the water
« Reply #1 on: January 30, 2014, 04:43:10 pm »
SAB is looking rather undervalued (from a technical analysis standpoint) at the moment - perhaps hold onto it?

Moonraker

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Re: SAB - dead in the water
« Reply #2 on: January 31, 2014, 01:23:20 pm »
SAB again tanking today. On LSE the vertical axis of their chart is being regularly extended downwards to accommodate
the tanking process.
One would think beer drinking and craft beer drinking has been outlawed, with the death penalty for those daring to imbibe.
Hello Fundamental, are the fundamentals still OK ?  ;)

 :wtf:

Edit: Spelling mistake corrected, I still have some of the stuff in the fridge.
« Last Edit: January 31, 2014, 01:26:16 pm by Moonraker »

Moonraker

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Re: SAB - dead in the water
« Reply #3 on: February 05, 2014, 09:34:52 am »
Fundamental says SAB is undervalued. I wish that would be the case, but ..

SABMiller

Fundamental

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Re: SAB - dead in the water
« Reply #4 on: February 05, 2014, 11:12:21 am »
Haha you would definitely think everyone would be drinking more with the way the emerging market is going! I merely valuated from a technical stand point - saw a head and shoulder pattern and awaiting triple bottom before it increases (hopefully). Fundamentally the company as with most companies is overvalued (hence the correction in most stocks at the moment) so difficult to say what will happen - what are your views as SAB being used as a rand hedge, potentially driving a bit of demand for the stock?

Moonraker

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Re: SAB - dead in the water
« Reply #5 on: February 05, 2014, 12:15:54 pm »
Being a defensive stock as well as a Rand hedge, I topped up my holdings in August 2013 @ 468.
Whether this was silly or not remains to be seen, but most are recommending shorting in the short term.
As a long term investor, I will continue holding, just peeved that the drop in London over the past couple
of weeks outpaced the much weaker Rand, thus more than negating the Rand hedge aspect.
Up a little on LSE today, probably because I had a Grolsch yesterday.  :wall:

Orca

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Re: SAB - dead in the water
« Reply #6 on: February 06, 2014, 06:13:26 pm »
Traders traded her down to close the gap and by chance, this was also at support.
I started here with nothing and still have most of it left.

Moonraker

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Re: SAB - dead in the water
« Reply #7 on: February 13, 2014, 03:37:29 pm »
MILLERCOORS DELIVERS 5.5% UNDERLYING NET INCOME GROWTH FOR 2013 Results Driven By 30 Percent Profit Growth in Fourth Quarter
                     
That doesn't look so bad. With the ₤ strength on the crosses both BTI and SAB are sort of coming out of the doldrums.
Nothing special, just thought I would add to the thread.

 8)

Orca

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Re: SAB - dead in the water
« Reply #8 on: February 13, 2014, 07:18:43 pm »
Traders traded her down to close the gap and by chance, this was also at support.

Now why don't I use these stripes and things in my real portfolio. It worked good here.
I started here with nothing and still have most of it left.

Moonraker

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Re: SAB - dead in the water
« Reply #9 on: March 03, 2014, 06:55:27 pm »
I have heard this before .. but justin hold those SAB.  8)

AB InBev Need for SABMiller Mega-Deal Grows

Quote
Slowing growth at Anheuser-Busch InBev NV (ABI) and a dearth of big takeover targets may finally drive the world’s biggest brewer to swallow its $79 billion rival, SABMiller Plc.

After AB InBev boosted revenue more than fivefold in the last 10 years with the help of $91 billion of acquisitions, growth for the maker of Budweiser and Stella Artois is forecast to slow over the next decade, according to analysts’ estimates compiled by Bloomberg. Tapping into SABMiller’s presence in faster-expanding regions such as Africa would allow AB InBev to get that growth flowing again, shareholders Alpine Woods Capital Investors LLC and Henderson Global Investors said.

SABMiller Chief Executive Officer Alan Clark told Bloomberg News in January that the case could be made for a tie-up, even though it would likely require divesting some U.S. operations to appease regulators. Sanford C. Bernstein & Co., which dubbed an AB InBev-SABMiller combination “MegaBrew,” estimates it would have almost half the global beer profit pool. The deal would increase earnings at AB InBev immediately if it paid a 30 percent premium for SABMiller in cash, data compiled by Bloomberg show. Cost cuts could drive profit even higher.

 Signage is seen through the window of the Anheuser-Busch InBev NV Fairfield brewery in... Read More

“It’s such an obvious next -- and indeed last -- big move by the very acquisitive AB InBev,” said Matthew Beesley, head of global equities at London-based Henderson Global Investors, which oversees $125 billion, including shares of AB InBev. “There’s also clearly some strategic rationale to the deal, neatly filling all the geographic holes AB InBev talks of wanting to fill.”


Orca

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Re: SAB - dead in the water
« Reply #10 on: March 03, 2014, 07:45:38 pm »
Look at her recovery since closing the gap.
I started here with nothing and still have most of it left.

Moonraker

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Re: SAB - dead in the water
« Reply #11 on: March 25, 2014, 04:30:21 pm »
Hmmm... That's more like it !

SABMiller (SAB) added 3.8 percent to 2,942 pence. Sanford C. Bernstein raised its rating on the world’s second-biggest brewer to outperform, the equivalent of buy, from market perform. The brokerage said growth may improve significantly as the effects of emerging-market currency moves may be waning.

(Bloomberg today)

Moonraker

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Re: SAB - dead in the water
« Reply #12 on: September 15, 2014, 07:57:05 am »
SABMiller Plc (SAB) was rebuffed in an attempt to buy smaller brewer Heineken NV (HEIA)

Quote
SABMiller Plc (SAB) was rebuffed in an attempt to buy smaller brewer Heineken NV (HEIA), a deal that would have strengthened itself against a potential bid by Anheuser-Busch InBev NV (ABI), people with knowledge of the matter said.

Moonraker

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SAB
« Reply #13 on: September 16, 2015, 01:02:55 pm »
Check the price.

 
The Board of SABMiller notes the recent press speculation and confirms that Anheuser-Busch InBev SA/NV ("ABInBev") has informed SABMiller that it intends to make a proposal to acquire SABMiller. No proposal has yet been received and the Board of SABMiller has no further details about the terms of any such proposal.

The Board of SABMiller will review and respond as appropriate to any proposal which might be made.

There can be no certainty that an offer will be made or as to the terms on which any offer might be made.

In the interim, shareholders are strongly advised to retain their shares and to take no action.

Accordingly, in accordance with Rule 2.6(a) of the Code, SABMiller announces that, by not later than 5.00 pm on 14 October 2015, ABInBev must either announce a firm intention to make an offer for SABMiller under Rule 2.7 of the Code or announce that it does not intend to make an offer for SABMiller, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.

 

Patrick

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Re: SAB
« Reply #14 on: September 16, 2015, 02:13:22 pm »
 ??? 20% up ???

STXIND up nearly 5% thank you SAB.