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Thread: SABMiller plc (LON:SAB)

  1. #1
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    SABMiller plc (LON:SAB)

    SABMiller plc, together with its subsidiaries, is engaged in the manufacture, distribution and sale of beverages. The Company’s portfolio of brands includes international beers, such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch, as well as local brands, such as Aguila, Castle, Miller Lite, Snow, Tyskie and Victoria Bitter. It is a bottler for the Coca-Cola Company in Africa and Central America. The Company has operations in Latin America, Europe, North America, Africa, Asia Pacific and South Africa. SABMiller plc’s subsidiaries include SABMiller Holdings Ltd, SABMiller Africa & Asia BV, SABMiller Holdings SA Ltd, SABMiller Southern Investments Ltd and SABMiller Procurement.

    Official website: www.sabmiller.com

  2. #2
    TARGET 3475

    The Major trend of SABMILLER PLC it is showing strength for buying .

    If it breaks the resistance level then one can initiate the buying position in the stock.

    If it breaks the level of 3445 then it can test resistance level for the target of 3475 with the stop loss of 3415

    SABMiller plc (LON:SAB)-sab-png
    CHART FORMATION:-
    Stock is trading in a range and trading near the trendline. As it crosses the resistance line will lead to upside movement.
    Stock is trading above the 50 DMA with +ve bias.

    Skype jonsmith1091
    Attached Thumbnails Attached Thumbnails SABMiller plc (LON:SAB)-sab-png  

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