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Bullboard - Stock Discussion Forum LIQUOR STORES NA LTD 4.70 PCT DEBS T.LIQ.DB.B

TSX:LIQ.DB.B - Post Discussion

LIQUOR STORES NA LTD 4.70 PCT DEBS > Profits will SOAR...LIQ will SOAR
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Post by EricLeboeuf on May 13, 2018 7:58am

Profits will SOAR...LIQ will SOAR

Estimated net of gov. tax gross margin of Pot sales 30%
Estimated price per gram 10$
500 gr. sales per store 5000$

Gross 1500$ -300$(extra costs per store per day) 1200$ a day per store

200 stores = 240,000$ per day NET

lets say 300 days = 72MM$

around 2$ profit per share/year

Love it 
30$ 2 year target IMO
and pays 3.8% dividend

ACB understood this :):):)
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