Thanks for the insight Woodie, as probably you and a few other stalwarts of this thread would have read before I see a few things on the horizon for Gage -
1. A brewpub / venue - given that optus stadium is basically their own pub in a way I think they may look to set up a venue over east, using the little creatures / white rabbit / colonial example.
2. A canning line - I was told they have been looking at this for a while but the decision makers wanted a high-speed canning line, a larger investment and potentially more difficult to get installed into their brewery, I see a canning line as their opportunity to run special releases quicker, you can see how the red rye ipa is only now being bottled despite competing at shows last yr in sept.
3. Purchasing a smaller brewery and perhaps running a core range and a special 'craft' brand that can really go into the various styles that might not be all that commercially viable but retain the credibility for craft drinkers but also keep the brewers happy
4. Investing into export kegs and developing an overseas (Asia) sales manager, the Australian craft breweries are struggling to meet local demand but are all very aware that rising competition will see them have to look overseas for sales, its the one thing Australian craft are really lagging. Gage has the capacity and potentially funds to give Asia the time it deserves. hopefully within the 5 year strategy we see some overseas sales channels develop.
5. Reinvest into their events strategy and really go after another stadium contract - Allianz stadium seems the most likely given the links to venueslive (who are probably raking in cash thanks to gageroads products)
GRB Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
