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

Nice deal

[d_trump]

These 2 NJ stores are huge - $25M USD each.  What many people don't realize is that LIQ's US business is already 30% of their sales (even though only 15% of their stores are US).  And the CONN and MASS stores are 16,000 ft which is much bigger than the typical CDN store footprint.  So by 2017, LIQ will probably be close to 50% US.   Much better than expanding in Canada.  There may be an opportunity in ON down the road but by looking at how the ON government has botched the roll out of beer sales in grocery stores - I hope LIQ takes a pass on any opportunity in ON.

[russter]

If marijuana is legalized, and ontario liquor stores get the go ahead to distribute it to the public it might make sense to expand in canada. Other provinces will also have to figure out how as well. Adds a new revenue stream and brings in a different demographic lots of people smoke but dont drink.

[biggerr]

deal closing in early January combined with the Xmas season should take us to over $10 by year's end IMO

[freedom-1970]

Love this deal!  Drinking will recover in alberta with oil prices , next year we will see way better numbers ...

[biggerr]

next year the US stores will balance out the Alberta stores even if the oil price stays low

[freedom-1970]

What I like the best about this deal we are controlling shareholders with an option on the 49%  Mangement has time to check the operations to see the upside in the market and ways to increase overhead and grow margins..

[Goldbuggy1]

Ontario Liquor Stores going private would be a huge Canadian Market, but I don't know if they are ready for that soon as they seem to be a bit gun shy right now. Saskatchewan and Manitoba on the other hand both seem willing and will probably go first. Both of these governments are promising that if they are re-elected this year they will go private. So greater market potential for LIQ which I