ALE/TSE Sleemans 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 : ALE/TSE Sleemans

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tbknight who wrote (230)	6/1/1999 1:35:00 AM
From: garrason	Read Replies (1) of 272

Tim: Sleeman's net earnings came out this past week and were up, but because of more shares outstanding, the per share earnings were flat. Hopefully, the Shaftebury beer acquisition will get digested quickly, and excess assets will be sold. Volume of beer sold was up 7%. Net income was up 10%, but fully diluted shares were up from 14.9M to 17M. Hopefully, this is an accounting requirement, and increased volume in the 2nd quarter can start absorbing the increased shares. If volume doesn't go up a LOT in the 2nd and 3rd quarters of this year, I will be disappointed. And I think that net income per share will follow. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next