Seeking Alpha

SABMiller plc ADR (SBMRY)

- OTCPK - Current
  • Tue, Apr. 21, 2:03 PM
    • SABMiller (OTCPK:SBMRY, OTCPK:SBMRF) is downgraded by Credit Suisse to an underperform rating.
    • The investment firm moves off of a Neutral stance on SABMiller on growth and F/X concerns.
    • "Our analysis indicates that margins will again be under pressure, without being compensated either by lower taxation, nor by currency effects," reads the CS note.
    | Tue, Apr. 21, 2:03 PM | Comment!
  • Fri, Apr. 10, 10:15 AM
    • Beer consumption in China fell in 2014 for the first time since 1998, according to data from the National Bureau of Statistics in China.
    • Volume dropped 1.8% Y/Y to 49.39M kiloliters.
    • The drop is partially attributable to a drop in lavish spending and grift from politicians as well as a younger generation not as prone to binge drink as their parents.
    • Kirin Holdings (OTCPK:KNBWY, OTC:KNBWF), China Resources Snow Breweries (SABMiller (OTCPK:SBMRY) J/V), Tsingtao Brewery (OTCPK:TSGTY, OTCPK:TSGTF), Carlsberg (OTCPK:CABGY, OTCPK:CABJF), and Anheuser-Busch InBev (NYSE:BUD) are the beer heavyweights in China.
    | Fri, Apr. 10, 10:15 AM | Comment!
  • Wed, Mar. 25, 8:27 PM
    • The odds of 3G Capital Partners financially backing a takeover by Anheuser-Busch InBev (NYSE:BUD) of SABMiller (OTCPK:SBMRY) were taken down a notch by analysts after the merger between Heinz and Kraft Foods was announced.
    • 3G is considered a likely source of financing for the +$100B A-B would need to put together an attractive offer for its beer rival, but will be a little lighter in the wallet after the Kraft buy.
    • The analyst community has been sharply divided over the last year on if the beer mega-merger is actually in the works.
    | Wed, Mar. 25, 8:27 PM | 4 Comments
  • Mon, Mar. 16, 1:40 PM
    • Craft brewers in the U.S. realized volume growth of 18% in 2014, according to data released by the Brewer's Association.
    • Retail dollar value of craft beer sales rose 22% to $19.6B to carve out overall beer market share of 19.3% for the category.
    • The number of operating breweries in the U.S. rose 19% to 3,464 last year.
    • M&A has picked up in the sector to help Big Beer grab some of the craft growth, although the "think local" mindset of younger beer drinkers has made national roll-outs of craft brands tricky.
    | Mon, Mar. 16, 1:40 PM | 1 Comment
  • Thu, Feb. 26, 10:27 AM
    | Thu, Feb. 26, 10:27 AM | 1 Comment
  • Thu, Feb. 19, 7:10 AM
    • SABMiller (OTCPK:SBMRY) CFO Jamie Wilson resigned from the company for personal reasons.
    • The departure was effective immediately.
    • Domenic De Lorenzo will be the interim CFO while the company looks for a replacement.
    | Thu, Feb. 19, 7:10 AM | Comment!
  • Sat, Feb. 14, 10:13 AM
    • Craft soda is starting to become a trend to watch closely, according to industry insiders.
    • Though still accounting for only ~1% of the total U.S. soda market, major retail chains have increasingly been willing to bet on local craft brands in store aisles.
    • The craft craze is old news for the beer industry where coming-of-age millennials buy craft/local beers at a 50% higher rate than brand-loyal older generations. Fading stars such as Budweiser and Bud Light are testament to the impact of the millennial paradigm.
    • The craft influence in coffee hasn't been lost on Starbucks which has strategically deployed trucks on college campuses in an effort to win over students.
    • Despite the progressive reputation of Starbucks, analysts think new upstarts such as Craft (subscription) and Cups (app) have a shot of gaining influence with the Indie-minded millennial crowd on "customization" and pricing.
    • What to watch: An increase in M&A activity in the beverage sector is expected as major companies strategically pick off more local craft brands to incubate.
    • Craft coffee watch: GMCR, SBUX, JVA, SJM, KRFT, DNKN, QSR, MCD.
    • Craft soda watch: PEP, KO, MNST, COT, DPS, OTCQB:JSDA, REED, SODA,  FIZZ.
    | Sat, Feb. 14, 10:13 AM | 24 Comments
  • Tue, Feb. 10, 7:35 AM
    • MillerCoors (OTCPK:SBMRY, TAP) reports domestic revenue per barrel increased 2.0% in Q4.
    • Domestic sales-to-retail volume declined 1.7% during the quarter, while domestic sales-to-wholesale volume was up 3.7%.
    • Brand report: Miller Lite volume grew in the low single digits. Coors Light volume declined in the low single digits. Redds was the fastest-growing malt beverage in its category.
    • Marketing, general and administrative costs were up 1.8% in Q4.
    | Tue, Feb. 10, 7:35 AM | Comment!
  • Tue, Feb. 10, 6:52 AM
    • MillerCoors (TAP, OTCPK:SBMRY) announces the retirement of CEO Tom Long.
    • The exec plans to step down on June 30.
    • A board search for a replacement has commenced.
    | Tue, Feb. 10, 6:52 AM | Comment!
  • Wed, Feb. 4, 2:06 PM
    • Mike's Hard Lemonade is exploring a sale, according to a report from Reuters.
    • A valuation of over $1B is anticipated.
    • The brand competes against Anheuser-Busch InBev (NYSE:BUD) and MillerCoors (TAP, OTCPK:SBMRY) in the U.S.
    | Wed, Feb. 4, 2:06 PM | 1 Comment
  • Wed, Feb. 4, 10:25 AM
    • Anheuser-Busch InBev (NYSE:BUD) has been under attack this week in the beer industry after airing a Super Bowl commercial poking fun at the craft brew craze.
    • Though the attacks from craft brewers were to be expected, MillerCoors (OTCPK:SBMRY, TAP) is also trying to get on the right side of the debate with new advertising saying beers should be "fussed over" - contrary to the A-B spot.
    • The co-founder of Elysian Brewing, which was purchased recently by A-B, didn't hold his tongue - calling the beer giant "tone-deaf" with its new angle.
    • The marketing team at Anheuser-Busch says it's attempting to define "macro" beer in a positive light.
    • In case you missed it, here's the SB commercial that has the beer industry all worked up.
    • Related stocks: TAP, BREW, OTCQX:HEINY, SAM.
    | Wed, Feb. 4, 10:25 AM | 1 Comment
  • Wed, Jan. 21, 6:51 AM
    • SABMiller (OTCPK:SBMRY) reports sales rose 4% in FQ3 ending December 31.
    • The company saw the highest growth rates in Africa and Latin America.
    • Beer volume fell 1% during the quarter, led by a drop in China.
    • Demand for Coors Light in North America was off in the low single digits. Blue Moon and the Leinekugel portfolio were level.
    • Soft drink volume was up 4% during the period.
    • SABMiller trading update
    | Wed, Jan. 21, 6:51 AM | Comment!
  • Thu, Jan. 8, 10:01 AM
    • Beer stocks are getting some early run after Constellation Brands (STZ +4.8%) reports strong volume numbers for Q4.
    • The company sells Corona Extra, Corona Light, Modelo Especial, Negra Modelo, and Pacifico in the U.S.
    • Channel checks in the industry have tipped off an improvement in demand for the U.S. late in Q4.
    • Gainers: Anheuser-Busch InBev (NYSE:BUD) +2.5%, Molson Coors (NYSE:TAP) +2.4%, SABMiller (OTCPK:SBMRY) +2.5%, Boston Beer (NYSE:SM) +1.0%.
    • Related: Retail picks tied to lower gas prices.
    | Thu, Jan. 8, 10:01 AM | 1 Comment
  • Dec. 11, 2014, 8:08 AM
    • Morgan Stanley thinks beer producers could see increased demand in the U.S. due to improved consumer spending trends.
    • Lower gas prices and rising employment provide the right backdrop for an increase in beer purchasing, according to MS.
    • On the global front, Euromonitor forecasts global beer sales will rise 2.6% to $740B by 2018 - compared to the sluggish 1.3% average growth pace seen in the industry since 2004.
    | Dec. 11, 2014, 8:08 AM | 10 Comments
  • Nov. 27, 2014, 4:52 AM
    • SABMiller (OTCPK:SBMRY), Coca-Cola (NYSE:KO) and Gutsche Family Investments are merging their soft drinks bottling operations in South and East Africa to create the continent’s largest bottling operation with sales of $2.9B.
    • "The opportunity is significant, with favorable demographics and economic development pointing to excellent growth prospects," says SABMiller CEO Alan Clark.
    • Headquartered in South Africa, the new company will be 57% owned by the SABMiller, 31.7% by GFI and 11.3% owned by Coca-Cola.
    | Nov. 27, 2014, 4:52 AM | Comment!
  • Nov. 24, 2014, 7:38 AM
    • SABMiller (OTCPK:SBMRY) says it has landed a distribution deal with Grupo Petropolis to distribute several of its brands in Brazil.
    • The development marks a return for the global brewer to Brazil where rival Anheuser-Busch InBev holds a formidable market share position.
    | Nov. 24, 2014, 7:38 AM | Comment!
SBMRY vs. ETF Alternatives
Company Description
SABMiller is one of the world's leading brewers with more than 200 beer brands and some 70,000 employees in over 75 countries. We also have growing businesses in soft drinks and we are one of the world's largest bottlers of Coca-Cola products.