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Becker Milk Co Ltd BCKMF


Primary Symbol: T.BEK.B

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

Post by DemDemon Mar 15, 2023 12:11pm
344 Views
Post# 35340068

BEK.B

BEK.BCash and cash equivalents, end of period 2023; $ 1,165,137 2022 $ 380,538
Surprising to sell at a loss in a buyer's environment, since all the dwellings have increased.
During the nine months ended January 31, 2023 the company disposed of four properties (2022 – one) for net proceeds
of $1,171,923 (2022 - $185,417). Total losses on disposal of $15,077 (2022 - $4,583) including unanticipated
transaction costs, were realized on the sales.
 
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