RE:Molson Coors Enough the market seems to have decided Aphria as the clear partner for Molson, and myself being biased as its my largest holding I can see Supreme actually coming out on top and winning the partnership.
Low valuation, great quality product and bad management.
2/3 are great assets for Molson and the third can easily be fixed by axing John and letting more experienced/competent managers run the show.
SILVERSTOCKS3 wrote:
Have been in talks with some of the large producers, looking for supply deals and conversations with JF have already taken place. Whether that equates to anything is anyone’s guess...
Molson’s has an MC of $15B and their beer business's market share is dropping. See their latest Q'ly result.
They know they have to move into this space or be left behind.
I can't see them doing a deal with just one supplier so we'll see in the weeks ahead if FIRE is added to the mix.
FIRE's revenues are up and they have around $75M in the bank so an aggressive expansion plan in 2019 is in the cards for sure plus other partnerships and Global deals.
For now the day traders are flipping it around for some easy daily money. That's life in the markets