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Bullboard - Stock Discussion Forum Andrew Peller Ltd T.ADW.A

Alternate Symbol(s):  ADWPF | T.ADW.B

Andrew Peller Limited is a producer and marketer of wines and craft beverage alcohol products in Canada. With wineries in British Columbia, Ontario and Nova Scotia, the Company markets wines produced from grapes grown in Ontario’s Niagara Peninsula, British Columbia’s Okanagan and Similkameen Valleys, and from vineyards around the world. Its premium and ultra-premium Vintners’ Quality Alliance... see more

TSX:ADW.A - Post Discussion

Andrew Peller Ltd > Poorly Run Company
View:
Post by jeffrey8 on Jan 18, 2022 7:16am

Poorly Run Company

This stock has been going down precipitously since March 2018 when it was over $17. That was 2 years before the pandemic so we can't blame that. Alcohol sales have gone up so we can't blame that. Just  high costs and overly paid managers.
Comment by Tapcet on Feb 07, 2022 11:02am
Andrew Peller should not be a publicly listed company. Where's the regulator when it comes to the governance of these dual class share companies who run for the benefit of formerly private owners instead of their relatively newer public owners? Kick them off the exchange, or at least REQUIRE them to include coattail provisions. And, of yeah, vote against executive compensation, which does not ...more  
Comment by johnathamilton on Feb 09, 2022 6:33pm
Agreed. There seems to be no strategy to increase profits. I've noticed a pattern that as revenue increases, so does SG&A - disproportionately, so as to negate any bottom line improvement. The company has great land holdings, but it's costs are too high and one has to wonder why. 
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