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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-store plazas, including one residential unit above a retail commercial store. The Company has leased to third parties 51 retail units, 36 of which were leased to Mac’s Convenience Stores Inc. operating under their Mac’s Convenience Stores brand (two stores) or their Circle K Stores brand (34 stores). The remaining 15 retail units and one residential unit were leased to other tenants.


TSX:BEK.B - Post by User

Bullboard Posts
Post by fatcharlieon Mar 23, 2019 12:47pm
146 Views
Post# 29527083

Odd trading once again

Odd trading once againWeird trading on Bek last few days after the ex-dividend date.  I would expect SP and volume would go down after the ex-dividend date, especially on large down days on the tsx but it did the reverse, a 8% rise in SP and more volume than usual.  We have seen Bek do this in the past so hard to know if this is indicating something or not.  Another 3 properties sold last quarter so this trend continues, cash reserves are still growing, we have $6M in liquid assets not including the value of the remaining properties.  Still amazes me that no smaller REIT would be interested here.  Oh well, steady as she goes dividends still come like clockwork.
Bullboard Posts