GRB 8.16% 5.3¢ gage roads brewing co limited

Interested to know peoples opinions on how these 2 compare as...

  1. 5 Posts.

    Interested to know peoples opinions on how these 2 compare as companies in their early stages. Have been researching where Little Creatures (LWB Little World Beverages) was sitting as far as share price etc goes when they were in their earlier days. Being pretty new to researching companies and what drives share prices, its hard to determine how to compare the 2 and get an idea on how to forecast. 


    Found this article https://www.smh.com.au/business/little-world-beverages-makes-asx-debut-20051111-gdmf1z.html from 2005 where LWB offered their initial IPO at $1 per share. You will see in the article the company had a NET Profit around the $2.5mil mark for years 04/05 and 05/06. GRB FY18 NET profit was a little over $2mil.


    With Gage holding 7% of the National Craft beer retail market and Little Creatures at 8%, surely this means somethings reasonably big for Gage soon? 


    Again, pretty new to this so must definitely be missing something so would be great to have this explained as to what other variables come into play. 


    In this report of the 11/12 Financials for LWB I notice they pay a dividend. https://www.asx.com.au/asxpdf/20120928/pdf/4290vn4k0x2nrx.pdf

    Is that something Gage would do or is it a completely different structure of share trading? 


    What is stopping Gage getting up to the prices that LWB was trading at prior to the Lion take over? 


    Cheers

 
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