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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 buyvalue1on Jan 19, 2016 1:47am
112 Views
Post# 24471044

RE:RE:BONDS HAVE NOT MOVED !!

RE:RE:BONDS HAVE NOT MOVED !!Dyod

intresting post

from divy NR, we don't know where the cash came from to pay it out. 

Quite the burn rate on their operating line if their going to tap that until end of 
Apr for divy and bond payment. 

Mar. Q4 numbers will be stale dated. You'll be biting your nails every month for the NR. 

If they are breaking even today, I'd be surprised . So, added stress could be 
on the operating line if they are not profitable now. 

The JD lovers are probibily down grading to a CDN low margin brand. I would say that goes
for most of their premium offerings. 

When the Op Line is tapped, where does income come from to operate
and pay out such a unsustainable divy. The market (institutional investors ) told mgmt
in Nov, something doesn't add up and pounded you down 
on huge volume. 

As as they get closer to the end of the line, the bonds will
break down if divy keeps up. 

They are not (imho) clearing 15 percent . Wouldn't you rather them
redirect that money elsewhere internally ???


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