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Bullboard - Stock Discussion Forum Rocky Mountain Liquor Inc V.RUM

Consumer Defensive Grocery Stores
Rocky Mountain Liquor Inc., through its subsidiary Andersons Liquor Inc. (Andersons), owns and operates private liquor stores. The Company owns and operates 25 liquor stores in Alberta. The product mix generally offered by Andersons at its retail stores includes beer, spirits, wine and ready to drink liquor products, as well as ancillary items, such as juice, ice, mix and giftware. The Company... see more

Bullboard (TSXV:RUM)

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Comment by jcorobowon Oct 16, 2020 12:29pm

RE:sorry for confusion

Another detail about the alcanna transaction - The purchase price of the stores on Vancouver Island includes inventory and other assets, and is subject to standard post-closing adjustments.  ...more  
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Discussion
Comment by microcaphobbyon Oct 13, 2020 11:06pm

RE:RE:RE:RE:Alcanna business update - this Q likely to be good

Good point. I stand corrected. The alcanna stores appear more profitable but not as great a gap as I initially thought. The company has indicated it will not sell any more stores and it will use all ...more  
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Discussion
Comment by jcorobowon Oct 13, 2020 2:44pm

RE:RE:RE:Alcanna business update - this Q likely to be good

1.9 mm was the profit for the 8 stores for ALL of 2019. $970,000 was RUM's Q2 net income. 
34
Discussion
Post by microcaphobbyon Oct 13, 2020 11:02am

sorry for confusion

According to the pr  the 8 Alcanna stores made pre-tax profit of $237,500 per store Rum $35,000 per store both companies had similar gross margins in the 2nd q Now if RUM  could entice ...more  
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Discussion
Comment by microcaphobbyon Oct 13, 2020 10:25am

RE:RE:Alcanna business update - this Q likely to be good

Those 8 Alcanna stores had pre-tax profit of 1.9 million or about . Rum's 28 stores had a pretax profit of 970,000 or $237,500.  Rum had profit of 1 million on 28 stores or $35,700 per store. ...more  
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Discussion
Post by midardon Oct 10, 2020 1:44pm

RE:Alcanna business update - this Q likely to be good

Alcanna just sold 8 stores for 21M, RUM owns 28 stores and at a market cap of 4.5M, think about it
81
Discussion
Post by jcorobowon Oct 09, 2020 1:23pm

Alcanna business update - this Q likely to be good

As a result of the ongoing coronavirus (“COVID-19”) pandemic and the significant uncertainty that the pandemic is causing for businesses and investors, the Company is providing the following business ...more  
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Post by moneywinner1on Sep 30, 2020 11:52am

When financial is to be released ?

It must be better than last q 
67
Post by moneywinner1on Sep 17, 2020 9:35am

Someone buying controlling interest at 0.07/0.08

This new company is making too much money to stay with current management. Watch thus play 
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Comment by moneywinner1on Sep 17, 2020 8:49am

RE:RE:RUM Sees Significant Increases in Sales

Let's see some great news again 
59
Discussion
Post by bingostaron Sep 16, 2020 1:18pm

low volume

It seems like the stock is halted , no volume today compare to previous days.
64
Comment by moneywinner1on Sep 15, 2020 8:41am

RE:RUM Sees Significant Increases in Sales

Financial highlights, year over year 6 month comparison: Sales increased by $2.6M or 13% to $23.7M (2019 was $21.1M) with 28 stores contributing to sales at the end of the period in 2020 vs 29 at ...more  
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Discussion
Post by jcorobowon Sep 14, 2020 9:53am

Store reviews

Most of their stores get consistently excellent google reviews. Seems like the GCL rebranding is working.
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Post by moneywinner1on Sep 14, 2020 9:19am

RUM Sees Significant Increases in Sales

Sales increased by $2.3M or 19% to $14.3M (2019 was $12.0M) with 28 stores contributing to sales at the end of the period in 2020 vs 29 at the end of the period in 2019 EBITDAR* increased by 71 ...more  
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Discussion
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