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LIQUOR STORES NA LTD 4.70 PCT DEBS T.LIQ.DB.B



TSX:LIQ.DB.B - Post by User

Comment by OilMoneyABon Jan 17, 2016 1:45pm
125 Views
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. 

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