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 > Stephen Takacsy - BNN - DON'T BUY

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Comment by johnathamiltonon Jun 14, 2024 8:47am

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Post# 36088775

RE:RE:Stephen Takacsy - BNN - DON'T BUY

Stonksonlyup90 wrote: Trading at 0.65x Book Value (with BV at substantial discount to FMV) AND the potential for a take private transaction.. one would think that would be a "BUY".

It's the future drawdowns that are going to kill the equity in this business. Paying the retiring CEO a $5million dollar "retirement allowance" is about as abusive as it gets. It may be legal, but clearly the CEO is putting his personal interests ahead of the public shareholders. Is this a ploy to take the company private? Who knows?

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