Bullboard - Stock Discussion Forum 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... see more

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TSX:ADW.A - Post Discussion

Andrew Peller Ltd > Stephen Takacsy - BNN - DON'T BUY

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Post by Possibleidiot01 on Jun 12, 2024 4:51pm

Stephen Takacsy - BNN - DON'T BUY

Has a hold for DWS.

DON'T BUY

Stores may or may not be impacted by Ontario government rolling out more retail locations. The Pellers stepped down from the board, possibly planning a bid to privatize the company but he's not really sure.

breweries / beverages

$3.850

Unknown if he owns

156

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Comment by Stonksonlyup90 on Jun 12, 2024 6:56pm

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".

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Comment by johnathamilton on Jun 14, 2024 8:47am

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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Andrew Peller Ltd