Andrew Peller Ltd T.ADW.A

Alternate Symbol(s): ADWPF | T.ADW.B

Consumer Defensive Beverages - Wineries & Distilleries

Andrew Peller Limited is a producer and marketer of wines and craft beverage alcohol products in Canada. With wineries in British Columbia, Ontario and Nova Scotia, the Company markets wines produced from grapes grown in Ontario’s Niagara Peninsula, British Columbia's Okanagan and Similkameen Valleys, and from vineyards around the world. Its premium and ultra-premium Vintners' Quality Alliance brands include Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate Winery, Tinhorn Creek Vineyards, Gray Monk Estate Winery, Raven Conspiracy and Conviction. It imports wines from various wine regions around the world to blend with domestic wine to craft these products. It also produces craft beverage alcohol products, including No Boats on Sunday ciders and seltzers, and various spirits and cream whisky products under the Wayne Gretzky No. 99 brand. It produces and markets premium personal winemaking products through its subsidiary, Global Vintners Inc.

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Andrew Peller Ltd > Mixed Messages

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Comment by TheCount11on Jun 16, 2023 9:35am

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Post# 35499884

RE:Mixed Messages

Mixed Messages are what makes investing hard. I own stock as well and listened to the CC.
I actually think the stock price is holding up quite well at $4 and the financial statements don't reflect how bad the business is right now.

What would the results have been without the government wine support?
As you have all pointed out its a question of cost control.

Debt has increased by $16M to $208 during a period of high interest rates.
Interest expense increased by $7M to $17M. Thankfully management has renegotiated the debt.

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