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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
Comment by Lawyerupon Sep 29, 2020 5:07pm
232 Views
Post# 31639182

RE:RE:RE:RE:WHy has COuche Tard not Bought This Company?

RE:RE:RE:RE:WHy has COuche Tard not Bought This Company?Good discussion.  I have a large position also originally started at $7/share years ago.  I figure with the dividends and special dividends I have already covered my original cost.  Becker definitely flies under the radar, is generally not understood but sure has a lot going for this small company.  We have no debt, large cash position, around $2M worth of Ali-couche stock and some interesting property.  The CEO is probably in his 90s now but doesn't seem to be in a rush to sell.  There was an offer on the table about four years ago at $21/share I believe but was turned down.  Whatever happens I think the shareholders will eventually be very pleased and will be rewarded for their patience.  Just my two cents.  If you are wondering who am I my original handle was fatcharlie but my user ID was continuously hacked so I created another account.  Best of luck...Charlie.  
Bullboard Posts