Why is SAB dipping significantly today?

[#1]

If anyone has pinpointed the driver(s) of SAB's downward move today, please would you let me know.

[CrownA]

I think it the Rand/Dollar and the general downturn in earnings forecasts going forward for 2008FY

[bulletjie_1]

Cold weather = less beer consumption

[#4]

Simple.. I didn't go drinking last night... Duh!

[J_d_B]

too many factors to say outright... but I am pretty confident it will recover as it is investing big money into infrastructure, general business improvement, and new offshore markets. Its a solid business and has been since the 1800s. In terms of the cold, what about it's operations in northern regions?

[#6]

Bouncing off the top of the upward sloping channel.

[J_d_B]

SAB looking good again today :)