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Bullboard - Stock Discussion Forum Becker Milk Co Ltd BCKMF


Primary Symbol: T.BEK.B

The Becker Milk Company Limited is a Canada-based company, which is engaged in the ownership and management of retail commercial properties in Ontario, Canada. The Company primarily leases retail stores with a few residential sites. The Company owns and manages approximately 38 commercial properties in various southern Ontario communities. Its properties are single store sites with a few multi... see more

TSX:BEK.B - Post Discussion

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Post by DemDem on Mar 15, 2023 12:11pm

BEK.B

Cash and cash equivalents, end of period 2023; $ 1,165,137 2022 $ 380,538
Surprising to sell at a loss in a buyer's environment, since all the dwellings have increased.
During the nine months ended January 31, 2023 the company disposed of four properties (2022 – one) for net proceeds
of $1,171,923 (2022 - $185,417). Total losses on disposal of $15,077 (2022 - $4,583) including unanticipated
transaction costs, were realized on the sales.
 
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