Sabmiller Share Discussion Threads

[warwick69] 13/10/2015 10:19

Shareholders also get two dividends before completion worth another $1.22. A share this is a cracking deal for shareholders still worth north of £5 a. Share on today's currie to price arbitrage risk is merger does not go through but I think they will now overcome most of the hurdles

[warwick69] 13/10/2015 10:14

Hey s ethos not well north of. £40 minimum still would be a temN percent risk premium well worth a big day trade as downside must be very minimal for next few weeks

[warwick69] 13/10/2015 09:13

Yes makes no sense someone selling bucket loads clearly keeping a lid on it I don't get it

[bumpa33] 13/10/2015 09:06

ok warwick :) genuinely curious why this ain't a lot nearer the £44 mark, has to be now the only possible fly in the ointment the various regulatory hurdles..?

[warwick69] 13/10/2015 08:50

Binladin you just said wait for the offer you are surely the most fickle man on the planet you say something and immediately do the opposite every time why do you even bother to post absolutely pointless!!!!

[warwick69] 13/10/2015 08:48

Yes I agree fang horn that's my point why is it settling so far away from offer price can only be the worry of regulator saying no ?.???

[binladin] 13/10/2015 08:47

The risk of it going higher is more then it going lower plus getting locked in for 5 years..

[fangorn2] 13/10/2015 08:45

~Warwick,

Partial share offer is for Major institutions surely? All cash for rest of us but with option of partial if we want?

"Under the terms of the Possible Offer, SABMiller shareholders would be entitled to receive GBP 44.00 per share in cash, with a partial share alternative ("PSA") available for approximately 41% of the SABMiller shares.

The all-cash offer represents a premium of approximately 50% to SABMiller's closing share price of GBP 29.34 on 14 September 2015 (being the last business day prior to renewed speculation of an approach from AB InBev)."

[binladin] 13/10/2015 08:44

Take your profit and run...IMO..

[warwick69] 13/10/2015 08:36

No I was referring to Binladin I've been long on spread bet since last week was £70 at first but it was to hairy dropped to £35 took some profit at 3700 the other day so only had £15 last night but I am a bit disappointed that we have settled at the partial share offer. I am surprised not more buyers who can take £44 when deal complete the only risk is regulator now plus sab miller will get 3 billion if that's the case so the share price should have a bit of a floor above the old ore deal price

[fangorn2] 13/10/2015 08:35

Given its agreement in principle, with few regulatory issues, at £44, how come we are so far off that level currently?

[bumpa33] 13/10/2015 08:31

if you're referring to me warwick, was neither long nor short here, just an interested spectator. Was far too much of a binary bet for me.

[bumpa33] 13/10/2015 08:27

wow - well done those long, didn't see that one coming...! But why the hell still such a discount...?

[binladin] 13/10/2015 08:25

Don't sell just hold until it's over 43.99 p..

[binladin] 13/10/2015 08:24

They have to pay 3 billion if the deal fails...so the chance of going through are much higher...this should go to 44 pounds...

[warwick69] 13/10/2015 08:23

Really surprised so many happy to sell at this price and not wait for full offer weird world we live in ?

[warwick69] 13/10/2015 08:16

Seems a crazy price to settle ?

[spob] 13/10/2015 08:15

how many months for this deal to complete

any estimates floating around ?

[warwick69] 13/10/2015 08:12

Real arbitrage opportunity here buyers could make £5.5 a share if the deal goes through which must be a pretty strong probability with both sides in agreement? Guess it's only the regulators that could stymy this

[warwick69] 13/10/2015 07:19

Magic should be a massive gap up can't now see any reason why it will not be really close to £44.00

[nw99] 13/10/2015 07:16

Deadline extended 14 days to allow it to go ahead as well ..

[warwick69] 13/10/2015 07:16

Yes seen it on Bloomberg where will this open this morning ? Only got £15. A point had £35 yesterday but got nervous on the late fall damn

[nw99] 13/10/2015 07:15

@business: BREAKING: SABMiller shareholders would be entitled to £44 ($67.48) a share in cash under AB InBev deal

[nw99] 13/10/2015 07:14

All over Twitter great news