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.

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Becker Milk Co Ltd > WHy has COuche Tard not Bought This Company?

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Comment by BarstoolSageon Sep 15, 2020 9:41am

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Post# 31559165

RE:WHy has COuche Tard not Bought This Company?

I think this is exactly why some\most of us are here. Happy to sit back and collect dividends until this company is sold. The wild card is the valuation and the premium that might be paid for the "control" shares, but I expect a premium to today's price for us too as the trade value current;y is about 70% of book value

I expect the sale, when it happens, will follow whatever estate plan the founders envision.