Cains brewery has come to the market.

what we get for a market cap of 41 mill is staggering:

a 100 strong pub chain backed up with a real ale brewer with an established brand. This has been priced to go says my man in the know. Already we are seeing solid buying as the scramble begins. Quite possible these will double and very shortly. Already the press has said they may be a target for one of the bigger players - eg GNK.

This looks a no brainer for the next few weeks.

Quick pointer to why this is prob buy of a lifetime:

CAIN had 9 pubs and a brewery before the deal, they now have a further 100 pubs to put their beer into. They made nearly 0.5 mill with just their 9 pubs, do the maths! Quite simple really. The Dusanj brothers are quite legendary in the cuty for what they've achieved already with CAINS, now they can really display their talents.

Where are these 100 pubs? All in Liverpool?

lol! no all over, attractive t/o target given this. Nearly all the minor bwerers have been bought out, eg Belhaven was one of the bigger smaller ones but that went, only a few big players now.

nother 100000 delayed buy and a tick up, good breakout stock.

http://www.moneyam.com/action/nav/news?epic=CBC

Any one still in these?

Down over the weeks to 18.75p now.

Cains Beer Company PLC, the AIM-listed craft brewer and operator of 105 pubs, which acquired the North-West based pub company, Honeycombe Leisure in June 2007 by way of a reverse takeover, said its performance in the 18 months period to Oct 31 2007 was in line with current market expectations. In a statement ahead of the April 10 release of the results for that period the board said trading since the start of the new financial year has been difficult across the industry with competitive pressures being felt following the smoking ban, commodity price rises and the downturn in consumer spending.

But it said Cains continues to make progress and has put in place various initiatives to drive synergies and extract cost from the business.

The board said Honeycombe has now been fully integrated into the Cains business, and synergy benefits have been generated.

Cains beer has been pouring across the whole pub estate since October 2007 and the group aims to shift the mix of sales in favour of Cains branded beers in the medium term by promotions and in-house marketing, it added.

Management has undertaken a full estate review, which has outlined a number of opportunities to invest in the estate. The group has earmarked eight further sites for refurbishment as part of the next stage of this re-branding exercise.

The company also said its contract packaging and brands divisions have performed well and are in line with management expectations, seeing pleasing brand wins with several of the UK's largest food retailers.

31 jan 08 now 9.5p