Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Corby Spirit and Wine Ltd CRBBF


Primary Symbol: T.CSW.A Alternate Symbol(s):  CBYDF | T.CSW.B

Corby Spirit and Wine Limited is a Canadian company, which is a manufacturer, marketer, and distributor of spirits, wines and ready-to-drink beverages. The Company operates through two segments: Case Goods and Commissions. The Case Goods segment includes the production and distribution of its owned beverage alcohol brands. The Commissions segment includes non-owned beverage alcohol brands in Canada. Its portfolio of owned brands includes J.P. Wiser's, Lot 40, and Pike Creek Canadian whiskies, Lamb's rum, Polar Ice vodka and McGuinness liqueurs, as well as the Ungava gin, Cabot Trail maple-based liqueurs and Chic Choc spiced rum, and Foreign Affair wines. It represents international brands, such as ABSOLUT vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlua liqueur, Mumm champagne, and Jacob's Creek, Wyndham Estate, Stoneleigh, Campo Viejo, Kenwood wines, and Nude.


TSX:CSW.A - Post by User

Post by schocoron Jan 06, 2021 3:34pm
248 Views
Post# 32235185

2021 - Buyout by Perond - Reasons Why

2021 - Buyout by Perond - Reasons Why I am pretty new holder of CSW.B quite happy with the dividend and of course I like the price appreciation from where I bought. I think Corby is going to be taken over by Perond in 2021. Corby did a number of behind the scenes transactions last year that led me to believe this will happen sooner rather than later. Here is my work: - They did a transaction to clean up the employees pension this defined benefit plan is now covered by an insurance company (sunlife) not Corby (2020 transaction) - They re-organized their Organization structure Hiram Walker employees were formally Corby employees - now I believe they are Perond employees (2020 transaction) - Sales force at Corby is all Perond employees (not new) - Sales are through the roof at Corby, their have revitalized their major brand (Wisers) and Perond can borrow money at 0% to finance buying us out - The differential between the A (voting)and B (non voting) stock has been narrowing I agree this is not the most solid point I may prove wrong, but the pension and org structure changes are something I would want completed before I ever took over a company. So what is a good price per share for Corby? 20? 22?
<< Previous
Bullboard Posts
Next >>