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Bullboard - Stock Discussion Forum 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... see more

TSX:BEK.B - Post Discussion

Becker Milk Co Ltd > Last few days
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Post by Lawyerup on Aug 03, 2022 3:59pm

Last few days

Last few days the volume has picked up.  Could mean something or not.  Just kinda interesting that the usual volume is low or nothing at all.  After all this time I find it interesting that no smaller REIT has put in an offer to buy Becker but there you go.  As time goes on the CEO and CFO are definitely not getting any younger.  Cheers Charlie.
Comment by Oneinamillion on Aug 03, 2022 9:36pm
Yes Charlie....volume is up and over several days...interesting. I would add that I think there was some discussion over the last quarter between Becker management and interested buyers (according to my reading of the quarterly report)....but nothing came of it and they are not currently in discussions with anyone (again per my reading of the latest report). My guess is that there will be an offer ...more  
Comment by BarstoolSage on Aug 08, 2022 10:24am
That note has been in the reports since the unsolicited First Capital?? offer say 5-7 years ago. Valuators were hired and properties were inspected for any unknown issues as I recall  Perhaps they are always getting feelers...but I do recall First Capital went public with their intent because BEK was not listening\paying attention to the bid...(see Charlie's comment) which as it is so ...more  
Comment by Oneinamillion on Aug 10, 2022 10:45pm
Hi Sage, From the July 22 YE report: "Since 2014 the Board of Directors has been evaluating strategic directions for the Company and has engaged in discussions with potential acquirors. While the Company has engaged in some discussions during the last quarter, none of those discussions are active at this time. During this period a programme of divesting less desirable sites has resulted in ...more  
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