Todays AGM at the brewery was interesting after the official business was dealt with. The directors address were cetainly incouraging and outlined potential for the company with further growth in the contract brewing area. It was exciting to see the increase in production of kegs for the on tap market in hotels, this should add a higher profit string to the sales market.
I was further impressed with the growth of the brewery since last year, due to the upgrade and instalation of the new brewhouse and infrastructure which is now ready to come online. Next quarterly report should produce some interesting production figures.
General discussions with the Directors over a beer after the meeting reinforced my resolve to hold my stock as I believe we are in for a good ride which will make up for the last few years of losses and flat share prices. Woodie.
GRB Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held