Sleeman Breweries Ltd. $17.38 – Toronto symbol ALE

SLEEMAN BREWERIES LTD. $17.38 (Toronto symbol ALE; Aggressive Growth Portfolio, Consumer sector, SI Rating: Average) has accepted a friendly $17.50-a-share all-cash offer from Japan’s Sapporo Breweries Ltd.

That’s a 150.0% gain over the $7 that we first recommend Sleeman at in our November 1999 issue. Two-thirds… Read More

Two More Big Gains

Our focus on high-quality stocks attracts an above average number of takeover offers. Besides Falconbridge, two more of our long-time favourites are now the target of buyout offers:

INCO LTD. $85.50 (Toronto symbol N; Conservative Growth Portfolio; Resources sector; SI Rating: Average) is the world’s largest… Read More

Price War Cuts Sleeman’s Profit and Stock

SLEEMAN BREWERIES LTD. $11 (Toronto symbol ALE; SI Rating: Average) earned $0.03 a share (total $539,000) in the three months ended December 31, 2005, down sharply from $0.23 a share ($3.9 million) a year earlier. Revenue fell 7.8%, to $49.6 million from $53.8 million, due… Read More