Added to YB: 2025-05-30
Pitch date: 2025-05-29
BEK-B.TO [bullish]
The Becker Milk Company Limited
-1.63%
current return
Author Info
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Company Info
The Becker Milk Company Limited owns and manages retail commercial properties in Ontario, Canada. It owns and manages commercial properties; and leases retail stores.
Market Cap
CAD 23.5M
Pitch Price
CAD 12.91
Price Target
N/A
Dividend
6.15%
Sector
Real Estate Management and Development
Category
special_situation
Becker Milk Company - microcap, profitable and asset sales (liquidation) at 0.70x P/TBV
BEK-B.TO: Liquidation play. Aging founders (70+) selling properties (67→38) since 2011. $23M mkt cap buys $32M commercial buildings (6.5% cap rate), $6M cash/investments (27% of mkt cap), 32,592 ATD.TO shares. No debt. 30% insider owned. Est. 6-18% returns over 5-6 years as assets sold. Concern: high admin costs ($1.3M).
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