Thread: SABMILLER STOCK DOWN by 27p Today!

YEAH!!

Check my math please... their stock is down 6.03% since we started correct?

W

Check on the calcs - 6.03% decrease since start

According to this Miller beer volume is declining here. Of course they don't mention the boycott...

0902 GMT [Dow Jones] SABMiller (SAB.JO) -2.5% at 999p after industry data from AC Nielsen show declining beer volumes in the US are hitting Miller brands harder than most. Credit Suisse notes that SABMiller is improving prices but not at the same rate as the market or industry leader Anheuser-Busch (BUD). Brokerage says this is due to the higher proportion of subpremium brands in its portfolio, as consumers trade up in benign interest rate environment. This trading up is also benefitting Heineken (00897.AE), it says. (MIC)

http://www.newratings.com/analyst_news/ ... 74198.html

Originally Posted by AlturaCt

According to this Miller beer volume is declining here. Of course they don't mention the boycott...

0902 GMT [Dow Jones] SABMiller (SAB.JO) -2.5% at 999p after industry data from AC Nielsen show declining beer volumes in the US are hitting Miller brands harder than most. Credit Suisse notes that SABMiller is improving prices but not at the same rate as the market or industry leader Anheuser-Busch (BUD). Brokerage says this is due to the higher proportion of subpremium brands in its portfolio, as consumers trade up in benign interest rate environment. This trading up is also benefitting Heineken (00897.AE), it says. (MIC)

http://www.newratings.com/analyst_news/ ... 74198.html

I love it, bring in the economists to explain why they are declining primarily in the US. NO nothing to do with the boycott.