GDA 3.70% 26.0¢ good drinks australia ltd

Could be a raft of positives as I see it -Sale of builtup...

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  1. 209 Posts.
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    Could be a raft of positives as I see it -
    1. Sale of builtup inventory, particularly bottled single fin allowing for deliveries to Dans etc of fresh canned product
    2. Drop in draught and in-hand would usually affect economies of scale but we can assume package beer sales has maintained production or potentially increased
    3. Pricing, Local Production and Distribution benefit Gage during panic buying
    4. Assuming deferral of fees - Optus Stadium will have nil affect on bottom line as was a break-even marketing ploy
    5. Serious consolidation of the craft beer market as many go under without brewpubs open
    6. Gage although paying its capital investment was lucky to avoid having a large staff cohort on the books for redfern; hopefully they are still under a rent free incentive for this type of commercial lease.
    7. beer is traditioinally recession proof, lets just hope Gage can manage their cashflow to get to the otherside
    8. Reduction in Marketing spend

    Keen to get a Quarter update at end of April to confirm.
 
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