ADW.A
ANDREW PELLER LTD. $9.08 (Toronto symbol ADW.A; Income Portfolio, Consumer sector; Shares outstanding: 14.9 million; Market cap: $135.3 million; Price-to-sales ratio: 0.5; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.andrewpeller.com) has formed a joint venture with the winery owned by hockey star Wayne Gretzky. Peller feels it can use its marketing and distribution expertise to increase sales of Gretzky wines …read more »
ANDREW PELLER LTD. $9.05 (Toronto symbol ADW.A; Income Portfolio, Consumer sector; Shares outstanding: 14.3 million; Market cap: $129.4 million; Price-to-sales ratio: 0.5; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.andrewpeller.com) is Canada’s second-largest wine producer, after Vincor Canada. Peller operates wineries in B.C., Ontario and Nova Scotia. It also sells home-winemaking kits and imports wines from other countries.
In its …read more »
ATCO LTD. (Toronto symbols ACO.X [class I non-voting] $61 and ACO.Y [class II voting] $60; Income Portfolio, Utilities sector; Shares outstanding: 58.1 million; Market cap: $3.5 billion; Price-to-sales ratio: 1.1; Dividend yield: 1.7%; TSINetwork Rating: Above Average; www.atco.com) has won a new, three-year contract to provide emergency services to NATO forces at the Kandahar airfield in Afghanistan. These services include …read more »
ENCANA CORP. $35 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 751.3 million; Market cap: $26.3 billion; Price-to-sales ratio: 2.3; Dividend yield: 2.3%; SI Rating: Average) focuses on developing unconventional natural-gas properties. The company has several landholdings in the Horn River Basin in northeastern B.C. Early drilling indicates that this area contains large amounts of shale gas, which …read more »
ANDREW PELLER LTD. $8.36 (Toronto symbol ADW.A; Income Portfolio, Consumer sector; Shares outstanding: 14.9 million; Market cap: $124.6 million; Price-to-sales ratio: 0.5; SI Rating: Above Average) will sell its Granville Island craft-brewing subsidiary to Molson Coors Canada for an undisclosed sum. The sale will close in early 2010, and will let Peller focus on its main business — its wineries …read more »
ANDREW PELLER LTD. $7.90 (Toronto symbol ADW.A; Income Portfolio, Consumer sector; Shares outstanding: 14.9 million; Market cap: $117.7 million; Price-to-sales ratio: 0.4; SI Rating: Above Average) reported that its sales in its first fiscal quarter, which ended June 30, 2009, rose 13.8%, to $70.2 million from $61.6 million a year earlier. The gain was mainly because of last year’s purchases …read more »
IMPERIAL OIL LTD. $39 (Toronto symbol IMO) plans to increase capital spending by 60% in 2009. Most of the extra spending is for its proposed Kearl Lake oil-sands project in northern Alberta. Imperial owns 70% of Kearl, while parent company ExxonMobil Corp. owns the rest. Kearl’s reserves should last 40 years, and moving ahead with it makes sense for Imperial …read more »
ANDREW PELLER LTD. $7.50 (Toronto symbol ADW.A; Income Portfolio, Consumer sector: Shares outstanding: 14.9 million; Market cap: $111.8 million; SI Rating: Above average) continues to benefit from strong demand for premium wines, as well as from new products and acquisitions.
In its second fiscal quarter ended September 30, 2008, sales rose 13.3%, to $69.4 million from $61.2 million a year earlier. …read more »
Andrew Peller and Molson Coors have both moved down lately, but by less than the drop in the overall market. That’s because demand for wine and beer tends to remain steady, regardless of the direction of the overall economy. Cost controls are also helping them expand earnings.
ANDREW PELLER LTD. $7.50 (Toronto symbol ADW.A; Income Portfolio, Consumer sector: Shares outstanding: 14.9 …read more »
ANDREW PELLER LTD. $9.75 (Toronto symbol ADW.A; Income Portfolio, Consumer sector; Shares outstanding: 14.9 million; Market cap: $145.3 million; SI Rating: Above average) has acquired World Vintners Inc., which makes and sells home wine-making kits. World Vintners sells its products through 75 franchised stores under the ‘Wine Kitz’ banner. Peller currently sells wine kits through its Vinceco and Winexpert divisions.
The …read more »
