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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 mercatoson Jan 23, 2016 11:50am
84 Views
Post# 24486978

RE:Could Pennsylvania be next?

RE:Could Pennsylvania be next?Very informative report from state.  LIQ would have enough info to cherry pick key locations in certain counties.  Especially the 'Premium' lcoations.
https://www.lcb.state.pa.us/cons/groups/externalaffairs/documents/form/003226.pdf

When I look at US expansion, I think the wise strategy is to pick 1 or 2 key locations in each state.  Expand footprint fast and then look at infill where it makes sense.

If they can conintue to grow US stores by acquisition or roll out, it wont take long for US sales to be greater than Canadian.  We will reach 1 billion total sales by 18 months..  Then another 5 years to reach 2 Billion. 

Im long and will continue to add on dips when I can.  My expectations for this stock to reach $20 range in next 60 months. Would be more than happy if it touched $30 but keeping it real is important.


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