TSX:LIQ.DB.B - Post by User
Post by
Goldbuggy1on Jan 26, 2016 8:47pm
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Post# 24496457
LIQ Wish List
LIQ Wish List
Some of the things I would like to see LIQ do in 20016. 1) Increase the Revolving Credit Line from $150M to $200M at favorable rates. 2) Buy back 10% of there shares. 3) Buy out the remaining 49% of the New Jersey Stores. 4) Open 8 new large format stores in the USA besides the ones they have and have planned. With 2 more in Connecticut, 2 more in Massachusetts, 2 more in Kentucky, and 2 more in Virgin Territory, like Pennsylvania. 5) Restrict opening new stores in Alberta and BC except under very favorable terms. Close unproductive smaller format stores. Continue to work on increased Sales and Gross Profit Margin. 6) Issue new Debentures up to $175M at or better than 5.85% and the last Debenture Interest Payment. Pay off all Revolving Credit Line Debt and for recent and future store openings, plus share buy backs. 7) Continue to pay Dividend at $1.08 per share.