Sleemen Breweries....Looking Good?? Message Board

STOCKTALK

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 : Sleemen Breweries....Looking Good??

ALE 67.34

0.0%

Nov 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BOB JARVIS who wrote (3)	1/19/1997 3:03:00 PM
From: Gary Melnyk	of 33

Hi Bob. Thanks for the reply. I'm also from the Guelph area and curently living in Ottawa. I've also heard they plan to expand the plant. Not too long ago Sleemen invested 4.5 million into Brewers Retail which makes them one of the top three owners of BR. The other two are, as you probably guessed, Molson and Labbats. This has allowed Sleemen prime marketing space at all BR outlets. As for a Molson buy out, I don't believe at this time its going to happen, but in the future I think Sleemen will become very attractive to Molson for a couple of reasons. First, Molson just recently lost its rights to make and market the Coors line of beer, as such lossing quite a large chunk of revenue. Second, craft brewing is the wave of the future as consumers, exspecially the baby boomers, get tired of the MASS produced beers such as Molson Canadian and Labbats Blue. Molson has alot of cash and have recently stated they were looking to acquire a good beer producing company. Since Molson doesn't have a popular craft beer line, and Sleemen is developing quite a reputation as one of the best, I think the fit would be perfect. Just my opinion Gary By the way, I don't own any shares of Sleemen yet. Just can't find any excess cash right now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next