SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Tree Brewing Company

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: caly who wrote (3)7/18/1998 2:16:00 PM
From: Andy Hay  Read Replies (1) of 24
 
Yes I am in and I have looked at Fredericks(BLUE). At first I was not really big on the Tree but they have proven to be a very good management team and marketing group...not to mention makers of great beer. All of the big ski resorts and a lot of the major golf courses now carry Tree. Even GM Place ( no account Canucks and Grizzlies) serves it up at the sporting events here. I have seen the financials and Tree has a link to SEDAR which carries all the news and financials on listed companies.They tell me they are very close to concluding some very good distribution agreements which could increase both keg and bottle sales. Apparently 1 is a large restaurant chain where they would brew a specialty beer for the chain under the restaurant name. They have said if this one goes through it would double bottle sales right away. This is still only in British Columbia and so my thinking is what will happen when they start getting some distribution through out of province and export sales. I had a look at their projected financials and operating at full capacity they felt they would earn about .18 per share and if they are operating at 26% capacity right now then any good distribution agreement has got to bring them closer to that. David Willoughby told me they were talking with 4 distributors in California and also with a broker in California who is a partner in a restaurant chain there. He flew to Kelowna to check things out and discuss bringing Tree into his chain. I wonder if he bought stock. I'll have to ask them if they know. Anyway I,m looking forward to seeing the LBI report. I keep checking their website but it is not there yet. The guy I talked to Friday said they would be faxing it to their subscriber list first. How long has fredericks been public what do they expect to earn.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext