Andrew Peller Ltd T.ADW.A

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

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 > Buying at Maximum Pessimism

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Comment by TheCount11on Dec 28, 2023 11:16am

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Post# 35802650

RE:Buying at Maximum Pessimism

IMO investors are still very optimistic on unprofitable without subsidies Peller with stock above $4. I am open to be convinced that the stock fair value $4 - $6 due to annual government subsidies but opening of Ontario retail wine market is a huge profit headwind.
I could see the dividend getting reduced in a couple of years as company faces 2026 profitability issues with tons of debt. Could the stock drop below $2?

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