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

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TSXV:RUM - Post Discussion

Rocky Mountain Liquor Inc > Investment Thesis

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Post by deleuze68 on Aug 30, 2020 6:03pm

Investment Thesis

Hey guys, I just completed a detailed write-up of RUM. You can find the link below. Conclusion: This is dirt cheap.

RUM.V - Rocky Mountain Liquor investment Thesis

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Comment by igold8 on Aug 30, 2020 8:14pm

Nice post deleauze68, do you see a nearer term catalyst(s) prior to your prediction 2021 Q2 value of .22 sp? what is current cash balance? Is there any .xx sp associated with this?

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Comment by deleuze68 on Aug 30, 2020 10:23pm

Cash balance is minimal, $175K. Any excess cash will be used to pay down the credit facility and/or fund inventory. But in this business inventory is cash as there is no discount to alcohol assets in a liquidation scenario. The 22 cents I approximated was a base value. As for near term catalysts, continued execution over the next 6 months I think will be very rewarding and will result in a ...more

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Comment by igold8 on Aug 31, 2020 2:27pm

Thanks Deluze! Really great stuff! if you get a minute can you do one up on SPOT.v ? I literally found it today and bought in when I couldn't believe my eyes incredible earnings today and looks like approx .14 of cash and equivalents plus debt free with a .19 share price and big names involved with royalties and AI technology play for the mining space hot! https://goldspot.ca/wp ...more

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