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

RE:RE:New board

[Inohnuttin]

Lenard49 is the only one here making sense. All of you guys on here thinking that the new management will be great for this company sound like a bunch of fools to me. You sir, are correct about this company practically running itself. The only thing now though, is that the new path this management is carving for it, is to set to run it into the ground. Allow me to explain my argument.

 

For the longest time there was a concern about deleveraging the business from a resource dependent market. So LIQ expanded to the states in an attempt to guarantee the stability and longevity of the company. "Your new wonderful management" took over the company by hinting on selling the US assets, using the money to renovate the current stores in this resource dependent market, in effect doubling down in this area as opposed to balancing the risk. The dummies that voted for them must all be living under a rock if they believe this is a good strategy for the long term. I have provided below some choice reading material about what's going on with oil, the problems keystone is having in finding buyers for the oil they want to ship from of course Alberta and the historic low demand for gasoline resulting in low prices. All of which should be a hint of what to expect from LIQ's plan to focus on this resource dependent market. But hey, what do I know?

 

Inohnuttin

 

https://www.msn.com/en-us/money/markets/why-oil-prices-may-plummet-to-nearly-dollar20-a-barrel-in-2018/ar-BBCZFdp

 

https://www.msn.com/en-ca/money/markets/a-new-problem-for-keystone-xl-oil-companies-dont-want-it/ar-BBDrA6h?li=AAgh0dA

 

https://www.msn.com/en-ca/autos/news/a-canada-day-miracle-gas-prices-at-7-year-low-for-july-long-weekend/ar-BBDrhGL?li=AAggFp0