Sabmiller Share Discussion Threads

[onehanded] 04/8/2004 15:22

Short today , pe now too big and may well be hit. This is a sell and SCTN looks a better place in the sector. Holder may well be getting nervous.

[a4] 14/7/2004 16:57

Couple of days earlier some broker gave a price target of 6.80.

[pineapple1] 10/7/2004 19:40

Someone gave SAB a buy rec with an £8.20 price target.Must have a large line of stock to sell into the rise.Looking to open a short here but waiting for £7.30 as entry point.Reckon it will get there too.

[a4] 08/7/2004 18:22

sab's share price is trading above most analysts price target and has done for a period of time.

[pineapple1] 29/6/2004 21:16

i was wondering if their is any correlation between the price of this share and the current strength of the south african rand.

[blavod extreme bes] 28/6/2004 19:47

Drink me :)

UK-Analyst today ....

Looking at the charts of the stocks within the beverages sector, Diageo is lagging and SAB Miller is rocketing and may have run too far. Allied Domecq looks like the best play. It has just broken an all time high and the re-rating could continue.

The 7% stoploss is about optimum on this trend which is currently at 458p. If you want to be able to ride out the sort of deterioration like we saw last summer in order to benefit from the follow on up move then 10% (434p) is best.

The trend cant go on forever but the break to an all time high is significant enough to follow it.

[graybadger] 21/6/2004 13:10

Time to short this stock. It is very over valued and is having problems in the U.S.A.

[dolphins] 20/5/2004 22:03

very strong move up today- any news?

[a4] 10/3/2004 12:32

Hitting all time high. Any brokers upgrades?.

[hijeff] 30/7/2003 00:54

looking very strong this week.

[furhaan] 18/6/2003 12:22

Anyone out there got an opinion on this?

[hollowman8d8] 05/6/2003 09:29

whoevers caning the order book don't know how to do it.

[eddie max] 02/6/2003 09:28

Going up nicely !

[hollowman8d8] 30/5/2003 11:29

whats gone on here then?

[eddie max] 23/5/2003 14:48

Time to top up again I think.

Excellent value for a bounce !

[l2e] 11/5/2003 11:16

SAB MIller has been given an upgrade but what about the sector as a whole.
Are things set to improve yet?

[m.t.glass] 28/3/2003 10:44

SOUTH AFRICA: Boycott of SABMiller soft drinks called
27 Mar 2003
Source: Arnold Kirkby

"...A growing number of independent Coca-Cola distributors servicing Amalgamated Beverages Industries in KWA-Zulu Natal are boycotting the company's products, claiming discrimination and unfair trading practices by the bottling company...

[m.t.glass] 28/3/2003 08:44

From today's Guardian:

"..SABMiller will be facing embarrassing questions today after the angry resignation last night of its PR advisers Cubitt Consulting, who said they could no longer agree on international media relations...

...Senior members of SABMiller's communications team are at present touring the US on a press roadshow, accompanied by staff from Cubitt, briefing journalists on SABMiller's goals...

...SABMiller was one of Cubitt's largest clients, last year bringing in valuable merger and acquisition work with the combination of South African Breweries and Miller, the second largest brewer in the US...

...Cubitt was SABMiller's third PR adviser since it floated in London four years ago; it was preceded by Brunswick and College Hill..."




(I'm short)

[skirbell] 19/2/2003 08:50

Apologies for not replying sooner but I recently took a new job and because of this, internet time is somewhat of a premium. When you refer to my TA vs AI post, I assume you are referring to the thread I started many, many months ago? I'm surprised anyone still remembers it although I'm glad to hear that you found it useful. What I was questioning there was whether AI could be used to enhance or even replace the human in TA. I'm certainly aware of AI systems to predict price action but not using TA.

Since starting the old thread, much has happened in my life that has stopped me from developing any AI system. It's still something that I plan to do but I have spent some of the time learning as much about TA as I can. It is based upon what I see on the charts that I have made my call with SAB. What I saw was a decline from the highs with a wedge with a base of 430p. A break to the downside (which happened) would cause a decline equal to the decline from the high to the start of the wedge, hence my call of a target of 340p. I'd be interested in any other views on this or indeed, if you want to re-open the old TA/AI thread, I'd be happy to comment there as well.

Stu.

[junnnn] 14/2/2003 22:07

skirbell...your post on technical analysis versus computer intelligence was very useful but computers cannot discriminate in the way human judgement can and therefore human intelligence is supreme, despite the sacrifices made the world chess champion against the deep blue junior computer in which both sides ended in a drawn match.
your predictions on SAB have proved accurate but more by coincidence I would think than by actual preparatory analysis using tools. whilst there is no support at these levels, we can expect a false rally bounce or an actual bottom.
how do we know when the bottom will come and at what price? we need to explore price action behaviour on an intraday basis and match that with expectations. that we should see ahead.

[skirbell] 23/1/2003 09:29

There was no support at 420p and we are now at 410p where I would expect some sort of bounce as it has done so a few times before from here. On that basis, I've reduced my short position by about half. If it goes through 410p, there's not much to keep it up.

Stu.

[skirbell] 21/1/2003 15:45

The support at 430p finally gave the other day giving a downside breakout. My only concern with this is on the volume required to breach the support which wasn't that great. However, seeing as the price has closed below 430p for a few days now and failed to rally, this lends credibility to the breach. Looking below, there appears to be a little support at 420p and greater support at 410p. If it goes through 410p, there doesn't appear to be anything to keep it up.

I'm sticking to my shorts at the moment and my prediction above of a target with no time limit of 340p. We shall see.

Stu.

[kengervase] 15/1/2003 14:36

This is a quiet one since 02.01.03. 1.8m Buys ,1m Sells and 685K T? today with a variation of 5p. With the expansion in China alone, this should attract investment. Any ideas anyone?

[kengervase] 02/1/2003 09:12

andyj - I agree. However, it does seem strange the way the price moves down on buying indications. Is this the mm tempting buyers? Any opinions other than skirbell?

[andyj] 29/12/2002 18:03

Utter nonsense IMO