Another Fool hit piece. The author really had nothing to say that people who follow the stock didn't know already. Motley Fool articles are just as biased as anything you'll find on Seeking Alpha.
I'm relatively new to the stock and don't have a big position, but like a lot of people i wasn't that impressed with the latest earnings report. Cost of sales as a percentage of sales was only marginally better year over year, even with significantly higher sales numbers this year. If the company is trying to position itself to be acquired, they need some profitable brands that sell with good profit margins; that is what an acquirer will be looking for.
ROX's brands are all quality but it's a very competitive environment. If I were Dr. Frost, I'd think about using my influence to get some new talent into the company, people with some fresh ideas on how to move this thing forward.
Seems like ROX's quality spirits would be an ideal fit for Constellation's portfolio of brands. Gosling, Jefferson and some others could really take off with wider distribution. I haven't heard any rumors but it's an intriguing possibility.
Big holders dumping today. May close under 7 tomorrow. What's up? Is there bad news that hasn't been announced yet? The company could get in lot of legal trouble over the recent PR they issued blaming short sellers for the decline. Short selling doesn't account for what we've seen the last few days. Stock price set a new 52 wk low today.
How do you know CBA is paying more than their competitors for distribution ? I'm not doubting you, just curious where the information comes from.