skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. CSW.A: Hello, Can I please get your opinion of Corby Spirit and Wine after last week's drop in share price. [Corby Spirit and Wine Limited Unlimited Voting Common Shares]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hello,

Can I please get your opinion of Corby Spirit and Wine after last week's drop in share price. Thanks

Dave
Asked by David on August 13, 2024
5i Research Answer:

We do not see anything specific leading to the pull back last week, it was likely more market related. Revenue growth has been slow while margins have also declined over the last few years. The payout ratio from cash from operations is 67.5%, which is fine, especially as it is net cash positive as well. We only see it as an income play and while growth has been high in recent quarters we are skeptical if this will be a consistent trend. We see CSW.A as a HOLD.

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind