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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Comment by johnathamiltonon Jun 26, 2023 8:34am

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Post# 35514193

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Andrew Peller

Management's ability to turn around the ship is the big question here. Until the company can show that it can generate sufficient profit to cover the dividend, the stock price will be at risk. Real estate is a great business, but there is a danger in conflating it with the wine business. Yes, there is a net asset value that grows with the increase in value of land holdings but unless you can cover the expenses of running the business that resides on that land, the enterprise valuation becomes tricky to assess.

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