downdraft
4 weeks ago
I've heard about that possibility. If not that, I'm quite sure that at some point the company will feel ambitious again, expanding in some new unknown direction, hopefully another taproom where the odds of strong profit margins are good.
Since they don't seem to need to raise any new convertible debt because of the profit margins at the BrewHaus taproom, the stock might finally make a substantial run this year. The company is certainly in a much better position than two years ago.
I think the easy path forward is to start working on another BrewHaus is another location as the first one seems to be running on all cylinders. And, insiders own a ton of common stock!
cableguy
2 months ago
While I've always expected another reverse split
Actually I have not, with BRBL raising the A/S to 100,000,000,000 (yes one hundred BILLION) on 04/22/2024 actually way before that this was just an update and glad to see he didn't lower it, LoL... I don't think Bennett Buchanan can do another R/S I am hoping here they have reached the max on any R/S here with BRBL they have already had 5 R/S here. JMO. BRBL
downdraft
2 months ago
Big change at our sister company this week. Because of the slowdown in the craft beer industry, they are branching out their operations to include all kinds of metal fabrication, from fences agricultural, to beverages in general and more.
Because some microbreweries are going out of business, it means used equipment becomes available, which puts pressure on new equipment sales.
Makes we wonder if BRBL has decided not to move forward with the Phase II brewery because of the slowdown in the industry, and especially because the site plan is no longer on their site. The taproom certainly appears to be a success so maybe if they branch off into non-alcoholic beverages as well, that will given them more high profit margin products to sell at the taproom.
The taproom should give them a boost in cash this summer so hopefully that's in the cards. But as far as blockbuster growth that they were forecasting in early 2022, they didn't come close to their goals. I still think they should focus on opening up a larger restaurant/taproom, or expand the current one, in the short run, to maximize profits.
For now, I'll switch my focus to electric trucks (MUL$) specifically, because this week they got a huge approval for selling their class 3 trucks. Check out the CARB program and how many states are backing it, and the huge $45,000 potential rebate the customer could get.
downdraft
2 months ago
I noticed that, yet shares seems to be getting moved around, 50-100 million shares per month. At least Barchart has been slowly warming up to us all year long. If the taproom starts raking in extra cash between now and the end of the summer, I wouldn't be surprised to see another step up the ladder in terms of business growth, in some way, in the next 6 months. I like steady long term growth.
Barchart Opinion
downdraft
2 months ago
9 days until the World Beer Cup competition. I'm not counting anything out. They didn't win anything last year but now at least they are known to the organizers of the competition.
One thing all these beer competitions seem to have in common is that one way another, if a brewery has a good product, the competitions are designed in a way to reward as many competitors as possible, growing the overall industry. Case is point with that California state fair competition last year that had, I think, 158 categories! That means that out of the 1,000 or so microbreweries, in just one season, maybe 15% of them could be showcasing gold place winners for their particular beer in their microbrewery, and maybe another 15% got second place, meaning hundreds of microbreweries could have had a significant win.
So with a big competition, even just getting a 2nd place win from a world renown competition could significantly help drive beer sales. I'll be watching the awards just in case. One of these days a catalyst should move this stock in a big way. I'm in no hurry on this one as I think it's a long term winner regardless.
downdraft
3 months ago
Here's a link to the page that has a link to the live stream of the World Beer Cup awards on April 24th. While I don't expect our mighty beer startup to get an award, it's not impossible. It's just that the odds of getting an award go up as the company produces a larger variety of beer, allowing them to enter more beers into more categories, especially when you're up against hundreds of beers per category!
But just in case, if I get a quick runner, I won't be able to resist buying more shares before the ceremony. I certainly didn't expect BRBL to win that gold medal award in California so quickly, so anything goes, and a WBC award could give the brewery nationwide exposure and beer demand!
World Beer Cup award ceremony live stream - April 24th.