Bullboard - Stock Discussion Forum Becker Milk Co Ltd BCKMF

Primary Symbol: T.BEK.B

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

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Comment by Omahaboundon Oct 31, 2021 6:05pm

RE:RE:Volume Pickup

What is the catalyst for the sale? Not sure I buy the Couche Tarde tie up, given it is more prudent for a company like Couche Tarde to rent the premises and not exactly a prudent use of $30MM - $40MM ...more

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Comment by Oneinamillionon Oct 09, 2021 1:25pm

RE:Volume Pickup

Right...still wondering if there could be some knowledge of an upcoming sale....accumulating shares in anticipation? Wishful thinking? This co is a black box so we are all just guessing...I ...more

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Post by Lawyerupon Oct 05, 2021 4:04pm

Volume Pickup

Nice to see the volume pickup the last few days. Haven't seen 8,000 volume for awhile so somebody sees the value here. Cheers Charlie.

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Comment by Oneinamillionon Sep 14, 2021 7:57pm

RE:RE:RE:RE:RE:Mac's is a subsidiary of Alimentation Couche-Tard,

Yes the dividends continue to roll in....I do expect to see a denouement at some point, however. The ongoing negotiations with ACT may be the opening act....there is a lot of value tied up in the ...more

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Comment by Lawyerupon Sep 13, 2021 5:25pm

RE:RE:RE:RE:Mac's is a subsidiary of Alimentation Couche-Tard,

Yup I agree what Becker wants for their stores is peanuts for a large corporation like Couche-Tarde. I know 711 is also expanding stores across Canada and the US. I am not sure why Becker ...more

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Comment by BarstoolSageon Sep 13, 2021 5:21pm

RE:RE:RE:RE:Mac's is a subsidiary of Alimentation Couche-Tard,

ACT buyout is interesting spec...,.create a reit from properties it rents...own part of the reit,,,let the public finance the rest??

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Comment by Oneinamillionon Sep 13, 2021 4:46pm

RE:RE:RE:Mac's is a subsidiary of Alimentation Couche-Tard,

Absolutely agree Charlie! This looks like either hardball negotiations to get the best deal on their new lease or the prelude to an offer to buy out Beckers. ACT really should just buy the RE and not ...more

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Comment by Lawyerupon Sep 13, 2021 3:34pm

RE:RE:Mac's is a subsidiary of Alimentation Couche-Tard,

Judging by their long relationship I don't see this as a problem. Couche-Tard looks to be getting the best deal they can. In the end the law would be on Becker's side to collect in ...more

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Comment by BarstoolSageon Sep 13, 2021 9:41am

RE:Mac's is a subsidiary of Alimentation Couche-Tard,

That was my guess. I expect ATC|Macs lost some business and staff but overall suffered little damage or relatively less than others. A quick google search confirms this...no bad news...but challenges ...more

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Post by Oneinamillionon Sep 12, 2021 11:37pm

Mac's is a subsidiary of Alimentation Couche-Tard,

to the best of my knowledge. I would be very suprised if AC were not able to reach an agreement with Becker. They seem to be in very good shape and should have no problem in paying their rent ...more

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Comment by Oneinamillionon Sep 12, 2021 12:08am

RE:RE:Dispute with Mac's

How long could this standoff last? I think it needs to be resolved as both sides need to reach a deal. If Mac really doesn't like the rent increase theycould move but that would be very costly and ...more

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Comment by BarstoolSageon Sep 11, 2021 7:54pm

RE:Dispute with Mac's

Witholding average of about 2K per store per month which does add up to $540K per year and Mac's in official default is relatively serious money. Expect it is a legal necessity on the part ...more

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Comment by Oneinamillionon Sep 11, 2021 2:42pm

RE:Dispute with Mac's

up to $45K per month on 23 stores...I guess that means in total, not per store, correct? If so that doesn't seem like a significant amount of money. This seems like hardball negotiations over the ...more

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Post by createausernameon Sep 10, 2021 10:11pm

Dispute with Mac's

Should we be concerned about this? "Negotiations remain outstanding for a total of 38 leases for which Macs have exercised renewal options where the base rental amounts have yet to be negotiated. ...more

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Comment by Oneinamillionon Sep 09, 2021 10:59pm

RE:RE:Tomorrow the big day?

Thanks Charlie!

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Bullboard - Stock Discussion Forum Becker Milk Co Ltd BCKMF

Primary Symbol: T.BEK.B

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