Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Corby Spirit and Wine Ltd T.CSW.A

Alternate Symbol(s):  T.CSW.B | CRBBF | CBYDF

Corby Spirit and Wine Limited is a Canadian company, which is a manufacturer, marketer, and distributor of spirits, wines and ready-to-drink beverages. The Company operates through two segments: Case Goods and Commissions. The Case Goods segment includes the production and distribution of its owned beverage alcohol brands. The Commissions segment includes non-owned beverage alcohol brands in Canada. Its portfolio of owned brands includes J.P. Wiser's, Lot 40, and Pike Creek Canadian whiskies, Lamb's rum, Polar Ice vodka and McGuinness liqueurs, as well as the Ungava gin, Cabot Trail maple-based liqueurs and Chic Choc spiced rum, and Foreign Affair wines. It represents international brands, such as ABSOLUT vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlua liqueur, Mumm champagne, and Jacob's Creek, Wyndham Estate, Stoneleigh, Campo Viejo, Kenwood wines, and Nude.


TSX:CSW.A - Post by User

Post by schocoron Mar 09, 2021 12:09pm
387 Views
Post# 32753041

Investor Roadshow is worth the 1 hr

Investor Roadshow is worth the 1 hr As others have said, the investor roadshow is worth the time to watch. I was impressed enough with he CEO, however, I was VERY impressed with and have a lot of faith in the CFO here. My takeaways? 90% of net income will be paid out. Net income will fall slightly - maybe - once we start amortizing the new PR commissions deal in October. The PR deal also provides Corby with accounting and back office services (duh). There is no plan for share buy backs buybacks - company isn't even considering it. CI Investments was a seller last year bringing their position to less that 10% - this selling is PROBABLY the market weakness I was observing last year before I bought on a thinly traded stock (hope I am right). Low/no alcohol is DEFINETLY a trend, NOT a fad. There were some other goodies, but these facts were the most important to me. I would be happy to hold this stock and never sell.
<< Previous
Bullboard Posts
Next >>