SABMiller director buys two rounds in less than a fortnight
A round-up of the biggest director buys today so far.
Geoffrey Bible, a non-executive of drinks giant SAB Miller, has made his second purchase in the last fortnight, buying up a total of 8,950 shares in the firm.
Bible, 74, bought 1,950 shares at £23.157 each on 4 January, and the other 7,000 at £22.7208.
The stock is certainly appealing at the moment, with the share price up 4.52% during 2011 and 5.34% in the last month.
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Towards the end of December Nomura said it expects Foster's, SABMiller's recently acquired business, to perform well in 2012.
Speaking at the time the broker said: "We believe the company could look 'smart' in a year's time, entering the Australia beer market at the bottom of the cycle during a period of market volatility.
"SAB Miller should also pick up the summer trade plus easy comps in early calendar 2012 owing to poor weather, ensuring a good start for the acquisition."
NR
Top Director Buys
SABMiller (SAB)
Director name: Mr Geoffrey Bible
Amount purchased: 1,950 @ 2,315.70p
Value: £45,156
India Hospitality Corp. (DI) (IHC)
Director name: Mr Jason Ader
Amount purchased: 431,426 @ $0.10
Value: $43,143
India Hospitality Corp. (DI) (IHC)
Director name: Mr Ravi Deol
Amount purchased: 289,055 @ $0.10
Value: $28,906
India Hospitality Corp. (DI) (IHC)
Director name: Mr Sandeep Vyas
Amount purchased: 142,371 @ $0.10
Value: $14,237
Top Director Sells
Goodwin Plc (GDWN)
Director name: Mr Richard S Goodwin
Amount sold: 19,086 @ 1,205.00p
Value: £229,986
Goodwin Plc (GDWN)
Director name: Mr Matthew Stanley Goodwin
Amount sold: 9,543 @ 1,205.00p
Value: £114,993
Goodwin Plc (GDWN)
Director name: Mr Simon R. Goodwin
Amount sold: 9,543 @ 1,205.00p
Value: £114,993
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