I've had my eye on BRG for a while but thought the price had become a little toppy, particularly on the last 6 or so months.
Seems like today's results were generally solid and the sell-off is a reaction to the fact the Keurig distribution agreement may cease, or if it continues, it will do so on inferior terms for BRG. That said, as far as i can tell, the Keurig arrangement is only worth $20m p.a. in a ~$500m p.a. revenue business so a c.15% stock price fall seems a bit over the top for mine?
Might have to have a closer look at this now the share price has pulled back.
BRG Price at posting:
$6.08 Sentiment: None Disclosure: Not Held