OTCPK:BIBLF - Post by User
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retiredcfon Jun 02, 2021 8:12am
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Post# 33309411
Stockchase Discovery
Stockchase DiscoveryGiven that summer is just getting underway and covid restrictions should soon be easing, you might want to bite the bullet and get in now. GLTA
BUY ON WEAKNESS
Waterloo Brewing Ltd.
(WBR-T)
June 1, 2021
Allan Tong’s Discover Picks WBR stock is a small-cap, so beware of volatility, trading only 22,000 shares per day. It pays a 1.49% dividend, far smaller than a few years ago. The big reason is that share prices have soared. In the past 12 months, WBR has run from $2.98 the way to $7.99 as of Monday’s close. It trades at 95x earnings, but remember that the industry average is 272x. The gross margin is slightly below its peers of 25.7%, but Waterloo’s profit margin is 3.46% vs. the industry’s -1.07%. Waterloo boasts the highest ROE in the industry at 8.88% compared to 3.23%. Read 3 Hot Canadian Summer Stocks for our full analysis.
BREWERIES/BEVERAGES
Stockchase Discover
Price
$7.85
Owned
Yes