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Weekly 52-Week Low (or 52-Week High): CU-T, OLA-T, CP-T, DND-T and More 52-Week Highs and Lows (Mar 26-Apr 01)Most Anticipated Earnings: NTR-T, ONEX-T and more Canadian Companies Reporting Earnings this Week (Feb 17-21)Most Anticipated Earnings: IAG-T, BDT-T and more Canadian Companies Reporting Earnings this Week (Nov 04-08)He paid $0.25 and sold out at $3.00. He is not going to cry about missing the recent upside. He likes the company and the CEO and likes their beer. The stock price is too high now and he would think of selling. It is weather dependant and seasonal. They started paying a dividend about two years ago.
Management did a great job of turning the business around, including the lunching of new products. It has been a good story. One of the reasons for the pullback was that it had run up a lot. Also, we had a colder summer and that leads to less consumption. It is a potential takeout target. The trend has been for consolidation and so with this pull back it could be an interesting entry point.
Beer is a really good space. Consumer Staples, alcohol business tends to be pretty stable. Chart shows a nice up-trend from the beginning of 2015 to the present time. If it can hold above the $3.50 or push back above that, it will probably continue to shake out some weak hands. Some of the technical indicators are getting a little soft right now, but there is some pretty good support at around $3.20.
Very impressed with management. They’ve done a really, really good job in turning the company around. It’s a very competitive business, beer mainly, but now they have some spirits they are manufacturing, with the rights to sell, market and distribute. The stock is rather expensive, but they’ve been delivering good quarterly sales growth/earnings growth. Wait until the earnings catch-up with the stock price.
Brick Brewing Company Ltd. is a Canadian stock, trading under the symbol BRB-T on the Toronto Stock Exchange (BRB-CT). It is usually referred to as TSX:BRB or BRB-T
In the last year, there was no coverage of Brick Brewing Company Ltd. published on Stockchase.
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0 stock analysts on Stockchase covered Brick Brewing Company Ltd. In the last year. It is a trending stock that is worth watching.
On 2019-06-11, Brick Brewing Company Ltd. (BRB-T) stock closed at a price of $3.61.