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General Category => Shares => Topic started by: jonb on January 14, 2016, 02:09:00 pm

Title: SAB Miller for AB Inbev ??
Post by: jonb on January 14, 2016, 02:09:00 pm
Hi

Have a medium position in SAB miller, should I sell and go into AB inbev tomorrow?

What is likely to happen to SAB after this , i dont understand how it can continue to grow
Title: Re: SAB Miller for AB Inbev ??
Post by: Moonraker on January 14, 2016, 06:00:22 pm
Hi

Have a medium position in SAB miller, should I sell and go into AB inbev tomorrow?

What is likely to happen to SAB after this , i dont understand how it can continue to grow

1. You could buy AB InBev from 15th Jan - your choice.
2. Your SAB shares are simply a currency Xchange rate play now. If you think the Rand will weaken further until the merger is final (probably well into the 2nd half of the year), keep them and get £44 cash, on which you will have to pay CGT. You could then buy AB InBev with the proceeds.
I think there is also a scrip option but you would not be able to sell those shares for 5 years and they will be unlisted. The scrip will be based on a lower price than the cash offer, so why would anyone want to do that.

I would simply hold until merger is final.
Title: Re: SAB Miller for AB Inbev ??
Post by: jaDEB on January 14, 2016, 06:07:04 pm
Mr Bond,

would the name SAB disappear? I understand it would be delisted, but would the local RSA arm be SAB or will it's name change?
Title: Re: SAB Miller for AB Inbev ??
Post by: Samurai on January 15, 2016, 11:25:03 am
Will AB Inbev be included in the Satrix40 or indi?
Title: Re: SAB Miller for AB Inbev ??
Post by: jonb on January 15, 2016, 04:21:27 pm
Hi

Have a medium position in SAB miller, should I sell and go into AB inbev tomorrow?

What is likely to happen to SAB after this , i dont understand how it can continue to grow

1. You could buy AB InBev from 15th Jan - your choice.
2. Your SAB shares are simply a currency Xchange rate play now. If you think the Rand will weaken further until the merger is final (probably well into the 2nd half of the year), keep them and get £44 cash, on which you will have to pay CGT. You could then buy AB InBev with the proceeds.
I think there is also a scrip option but you would not be able to sell those shares for 5 years and they will be unlisted. The scrip will be based on a lower price than the cash offer, so why would anyone want to do that.

I would simply hold until merger is final.


@moonralker .. that was excellent advice, pity i didnt read this till later  :wall:  need to hear your pick for 2016 as you seem on point!
Title: Re: SAB Miller for AB Inbev ??
Post by: Moonraker on July 26, 2016, 09:12:47 am
SABMiller shareholders will be entitled to receive 45 pounds ($59) a share, AB InBev said in a statement Tuesday, from 44 pounds previously. ABI also increased the amount of cash for shareholders who choose a cash-and-stock alternative. They’ll now receive about 4.66 pounds in cash compared with 3.78 pounds previously. That offer, valued at about 39 pounds a share when the acquisition was announced last year, had surged to more than 50 pounds late Monday. With the increased cash, it’s now worth about 51.14 pounds a share.
Title: Re: SAB Miller for AB Inbev ??
Post by: Moonraker on July 29, 2016, 05:12:26 pm
SABMiller Board Recommends AB InBev's Improved Offer.

Good - no more uncertainty.
Title: Re: SAB Miller for AB Inbev ??
Post by: Moonraker on July 30, 2016, 10:56:56 am
Well no, it's not over yet unfortunately. SABMiller backs AB InBev offer for biggest-ever consumer takeover (http://www.moneyweb.co.za/news/companies-and-deals/sabmiller-board-to-recommend-final-ab-inbev-offer/)

I will be selling my second batch on 3/8 to still get the dividend, just hope the £ doesn't weaken even more before I sell.

 Oops 3/8 is voting day, a holiday.

SAB Dividend payment date = 12/8/16
Div. = 1142.87796 cps (net, after withholding tax)

The dividend will be payable on Friday, 12 August 2016 to all shareholders

registered on the London and Johannesburg registers on Friday, 5 August 2016.

The last date to trade with dividend rights will be Wednesday, 3 August 2016 on

the London Stock Exchange and Monday 1 August 2016 on the JSE Limited.

The ex-dividend trading dates will be Thursday, 4 August 2016 on the London

Stock Exchange and Tuesday 2 August 2016 on the JSE Limited.
Title: Re: SAB Miller for AB Inbev ??
Post by: jaDEB on August 01, 2016, 07:50:48 am
I bought AB Inbev  ??? on Friday
Title: Re: SAB Miller for AB Inbev ??
Post by: Moonraker on August 01, 2016, 10:13:00 am
Will sell my remaining SAB on 2/8 when they will be ex dividend. £ may weaken after 4/8 when/if BOE reduces lending rates.
Title: Who bought AB InBev after SABMiller buyout?
Post by: rjthomas on April 10, 2018, 09:34:29 pm
What's the feedback from SABMiller shareholders on this forum who bought into ABInbev since the merger took place?