TSX:LIQ.DB.B - Post by User
Comment by
OilMoneyABon Jan 17, 2016 1:45pm
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Post# 24466547
RE:RE:RE:RE:RE:RE:RE:Power of the USD
RE:RE:RE:RE:RE:RE:RE:Power of the USD
d_trump wrote: in the news release, they said the Mass. and Conn. stores will require an investment of $5M USD total. The square footage of these 2 stores is simalar to the acquired NJ stores that generate $50M in sales, so sales should be comparable. $5M invested to get $50M in sales is impressive. Payback is likely about 18 months.
Thanks yeah I just read that, after doing my DD past couple days I am going to start a position. The entry price right here is too good to pass up, and the US expansion will be very positive. Any Canadian Company doing buisness in the US right now is very intersting and I look forward to them bringing those US dollars back to Canada. Time to start DRIPing this company and take advantage of the 3% discount.