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.

TSX:ADW.A - Post by User

Andrew Peller Ltd > Massive volume before ex-dividend

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Comment by johnathamiltonon Jun 22, 2023 3:28pm

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Post# 35509824

RE:RE:Massive volume before ex-dividend

"Could this be the bottom"?

Only if Peller get's its act in gear. There needs to be some good strategies enacted such as reducing inventories, cutting SG&A expenses and monetizing some assetts to reduce debt. Only when the market sees some good business decisions, will the mood change. Right now the dividend is in danger of being cut and doing that will drive the SP down to $2-3 range.

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