TSX:LIQ.DB.B - Post by User
Post by
mercatoson Jan 08, 2016 9:49pm
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Post# 24442434
Some thoughts and comments
Some thoughts and commentsI would like to see the company consider rolling out a franchise model for both Canadian and US operations. It would be a shareholder friendly way to quickly grow store count with no capital investement on company side. This can create greater volume on purchases which will benefit total purchases rebate dollars that can be leveraged and drop down into margin dollars.
I would also like to see us listed on a US exchange in the next 12 months. If the US market is our focus for growth then lets get the message out and be investor friendly for US investors.
I have read in the past that our CEO opened up 5 Golf Town stores in one year in Massachusetts. I think he knows that market very well and would not risk pulling the trigger on a purchase if he did not feel certain that it would succeed. I think we (I) as shareholders need to be patient and ride this market like a drunk bull but we will be rewarded.
If you ever have been to the Pengrowth website, they do a good job introducing the senior management team to prospective shareholders with well done personal videos that you can play and here the ceo's message. Perhaps there needs to be a little more sharing of vision and ideas to the shareholder community. May create more investor confidance.
Would like to see us our company interviewed/featured on BNN, CNBC any and all of these financial talking head shows.
I dont think this company will go private. As it sits there is no one shareholder with more than 10% ownership. Would be hard to do because all stakeholders would take a very short haircut at these prices. If we were trading around 15 and most shareholders were back in a flat or positive position then maybe. Sobeys (Empire) went private for good reason and it was easy to do since the parent company owned more than 70% of the common stock. I did some work for these guys and i tell you they are very crafty, aggressive and profitable.
Regarding shorts. Yahoo shorts Jan 4 is indeed 950k but what deserves mention is that it is down from previous month of 1180k. https://finance.yahoo.com/q/ks?s=LIQ.TO+Key+Statistics
Also I see from the otc website (https://www.otcmarkets.com/stock/LQSIF/short-sales) short sales decreased from Nov 30 to Dec 15. Anyway who really knows what numbers are right since the source from both websites do not tell you where they get their data. I am watching non the less because it is important to see trend.
Anyway just some thoughts. Still long although im slightly underwater today. My expectation is for this stock to break over 15$ by sometime 2018.
Have a good night all. Cheers