TSXV:RBI.H - Post by User
Comment by
pulverizeron Feb 23, 2014 7:58pm
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Post# 22240749
RE:RE:Poor marketing
RE:RE:Poor marketingBig deal. They are knee deep in debt, 10mil in sales is nothing. Can't speculate on their import business but their local sales are not very high. They throw money around to buy their business and that reduces their profitability. Not to mention most of their beers are terrible and nobody locally enjoys them. Locally they are known to be shysty business people, who use kick backs as their prime way of generating business instead of producing delicious products. Their vision is scattered, they do contract brewing to maintain HL volume output but their core brands have totally fizzled. At 9 cents a share it is worth a gamble for $500 worth of shares, but honestly do not put real money into this company. It almost goes bankrupt constantly before another opportunity comes along to invest in keeping them barely alive. A poorly run business that will take everyone with it.