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Bullboard - Stock Discussion Forum
Rocky Mountain Liquor Inc
V.RUM
Consumer Defensive
Grocery Stores
Rocky Mountain Liquor Inc. is a Canada-based company. The Company, through its wholly owned subsidiary, Andersons Liquor Inc., owns and operates approximately 24 private liquor stores in Alberta. The Company is engaged in selling beer, wine, spirits, ready to drink products, as well as ancillary items such as juice, ice, soft drinks and giftware. Its liquor store locations in Alberta include...
Athabasca, Beaumont, Cochrane, Devon, Edmonton, Fairview, Fort Macleod, Fort McMurray, Gibbons, Grande Prairie, Lac La Biche, Lethbridge, Morinville, Rocky Mountain House, Slave Lake, St. Paul, Sylvan Lake and Wetaskiwin.
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Bullboard (TSXV:RUM)
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(24)
•••
Fansse
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Comment by
Fansse
on May 25, 2021 11:33am
RE:company going to be taken private
What would be your price target on this, if you haven't sold, of course? Best
(24)
•••
Fansse
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Comment by
Fansse
on May 25, 2021 10:49am
RE:RE:RE:1 year price target: $0.40
An increase would be amazing. Even if they stay at 47-48 millions per year with the same results, this business is worth at least 16 millions market cap in my books. Do you know when'
...more
Bitcoin-Backed LQWD Technologies Lightning Network Infrastructure Surpasses One Million Global Transactions
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Since deploying LQWD's Bitcoin Lightning Network strategy in November 2021, the Company's transaction infrastructure continues to experience strong growth with exponential growth in 2024. From January 1, 2024, to October 31, 2024 LQWD facilitated approximately 643,000 transactions, compared to approximately 112,900 transactions for the same period in 2023. ...read more
(19)
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jcorobow
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Comment by
jcorobow
on May 25, 2021 9:16am
RE:RE:1 year price target: $0.40
2020 increase is becuase of covid but has started a change among consumers. Less places to spend money and go out = more money spent on booze at home.
(24)
•••
Fansse
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Comment by
Fansse
on May 25, 2021 12:29am
RE:1 year price target: $0.40
Why do you think the sales will continue to grow? Do you think the 2020 increase in sales were because of Covid and not an actual normalize growth? Best!
(19)
•••
jcorobow
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Comment by
jcorobow
on Apr 16, 2021 10:10am
RE:RE:New debt?
Might make sense if they were stocking up in spring to get ready for summer. Although, thats the big increase to debt over a short period of time. Also some of the increase i would assume would still
...more
(471)
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microcaphobby
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Comment by
microcaphobby
on Apr 15, 2021 9:42pm
RE:New debt?
Maybe they increased inventory. Retailers get big discounts if they place big orders so the company may have decided to take advantage. Sales per store are up more than 10% yoy.
(19)
•••
jcorobow
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Post by
jcorobow
on Apr 15, 2021 10:35am
New debt?
Credit facility balance as at Dec 31/20 was $5.2 mil. Seems they have upped the utilization since year end. From the MD&A: "Current utilization on April 14, 2021 of the total
...more
(471)
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microcaphobby
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Post by
microcaphobby
on Apr 15, 2021 10:23am
good results
The Alberta lockdown in December realy hurt them becaase no social gatherings allowed at all. As more people get vaccinated, more social gathering in homes will be alowed and sales will pcik up
...more
(19)
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jcorobow
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Post by
jcorobow
on Apr 15, 2021 9:44am
11.7% same store YoY sales growth
In 2020 the Company sold three stores however fourth quarter sales on existing stores increased by $1,199,422 or 11.7% as a result of the Company’s focus on expanding its market share by focusing on
...more
(19)
•••
jcorobow
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Post by
jcorobow
on Apr 15, 2021 9:35am
RUM Releases 2020 Consolidated Financials Including 119% Inc
EDMONTON, AB / ACCESSWIRE / April 14, 2021 / Rocky Mountain Liquor Inc. (TSXV:RUM) (the "Company" or "Rocky Mountain"), listed on the TSX Venture Exchange (the "Exchange
...more
(471)
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microcaphobby
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Post by
microcaphobby
on Apr 08, 2021 7:40pm
Today's Wall Street Journal headline
Shopping Carts Show Pent-Up Party Spirits Booze is the 2nd biggest category gainer in Europe and the United States over 2020. In case your interested, expensive chocolate is first.
(19)
•••
jcorobow
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Post by
jcorobow
on Apr 02, 2021 1:07pm
1 year price target: $0.40
(471)
•••
microcaphobby
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Post by
microcaphobby
on Mar 31, 2021 5:09pm
This is a April stock
Year end will be out. even if they only make 3.5 cents a share for the year the share price ought to move up over 20 cents. my guess is that they offer 24 cents to take it private.
(19)
•••
jcorobow
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Post by
jcorobow
on Mar 29, 2021 3:10pm
Alcanna Reports 7.6% Growth in Same Store Liquor Sales
Good news for RUM as well. Same-store sales from continuing operations rose by 7.6%. The Company believes this is primarily a result of: (i) the change in pricing strategy that was
...more
(471)
•••
microcaphobby
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Post by
microcaphobby
on Mar 17, 2021 12:31pm
beer, wine and liquor business strong
Waterloo Brewing recently reported record results for the 3rd q. I am expecting a good 4th q. The restrictions on home parties by the Alberta government probably limited a big increase in sales
...more
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