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Becker Milk Co Ltd T.BEK.B

Alternate Symbol(s):  BCKMF

The Becker Milk Company Limited is a Canada-based company, which is engaged in the ownership and management of retail commercial properties in Ontario, Canada. The Company primarily leases retail stores with a few residential sites. The Company owns and manages approximately 38 commercial properties in various southern Ontario communities. Its properties are single store sites with a few multi-store plazas, including one residential unit above a retail commercial store. The Company has leased to third parties 51 retail units, 36 of which were leased to Mac’s Convenience Stores Inc. operating under their Mac’s Convenience Stores brand (two stores) or their Circle K Stores brand (34 stores). The remaining 15 retail units and one residential unit were leased to other tenants.


TSX:BEK.B - Post by User

Comment by Lawyerupon Jan 29, 2023 3:24pm
143 Views
Post# 35252921

RE:RE:RE:bek.b

RE:RE:RE:bek.bMaybe a sale in 2023 or maybe not.  Nobody really knows except maybe the insiders.  I have been looking at PKI lately and it would be a cheap takeover for Parkland to take Becker out.  Parkland owns M & M frozen foods and also is moving into more takeout foods at their retail gas outlets along with putting in charging stations for EVs.  They are also looking at agressively expanding.  It seems the management of Becker seems to be very picky who they sell to.
Any interest in Becker from Parkland would for sure wake up Ali-Couche management because some of their stores compete with PKI on the East Coast and both are adding EV charging stations at their locations to attract EV drivers.  Anyway we might get an update in Feb.  In the meantime we have another great dividend coming in March.  All the best, Charlie.
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