LIQUOR STORES NA LTD 4.70 PCT DEBS T.LIQ.DB.B

RE:RE:RE:huge exchange profit is excluded from earnings

[Goldbuggy1]

kijiji wrote:
keep pumping boys... the market will need a stiff drink soon with all the turbulence going on....and today looks like it will be rough too...

I don't think that people who show this stock in a good light can be classed as "Pumping" this stock, because anyone who knows the history of this stock and who has followed it, would know there is no need to do that. For example since this company went private in 2004 with an IPO, this current price of around $6.50 is the lowest in the companies history over 11 years. Not just compared to last year or this year. How much have they grown in sales and stores since this 11 year time period yet has a lower share price now? As an Investor I think it is prudent to try to analyze this low share price and discuss it. Economic conditions in Alberta are not good for this stock right now, which we all know, but on the other hand is things really this bad? Well not according to any news we heard and not from anything in there last financial 3Q Report. Same store sales was down in Canada by about 1% but overall sales was also up by 6.7%. Gross Margins remained about the same but for the quarter "Adjusted Operating Margin (Profit) decreased from $12.5M to $11.5M (9%). But for the 9 months of this year ending September 30th, Adjusted Operating Margin is actually up compared to last year at this time from $24.2 to $26.9 or up $2.7M for the year 2015 so far. The company continues to pay there monthly Dividend so I can't find any news there which would justify this stock price being cut in half. Perhaps it is time to see what the several experts think and who have been covering this stock. They did lower there Rating on this stock and rightly so, but the lowest stock price I can see them giving this stock now is $10.50 a Share. At $6.50 a share we are one hell of a long way off of those predictions to. I am sure they looked at the 3Q Report also. So this Quarterly Report is not so bad. I recall one report in 2013 when they actually lost money for the quarter and ran a negative Net Earnings per share. But still had a higher share price then compared to now. So most Analysis are calling for at least $10.50 a Share Price when it sits at $6.50 now. Consider the growth of this company since 2004, yet this share price sits at a lower share price now than then. I am sorry but I am not trying to "Pump" this stock. I just find this extremely odd and under priced. Don't You?