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



TSX:LIQ.DB.B - Post by User

Post by mercatoson Feb 07, 2016 8:47pm
207 Views
Post# 24534046

Capex

CapexI dont think we are going to have any share buy backs in the next 2 or 3 years or ever....if anything LIQ should go through a share split and then file a shelf prospectus.  Raise more capital with a lower dividend/share

Anyway what I really would like LIQ to stop doing is investing in Alberta.  Put a freeze on any investments, store freshening, or buying any other business like RUM.... Close down unprofitable stores immediately.  Spend freeze for 2 years would be a start.

The capital would be best used investing in new store openings in the US prefereably eastern US.

Also lets not forget that US market is $200 billion opportunity vs aprox $20 billion in Canada.  I just wish LIQ would be more aggressive in there intent to expand in the US.  By sending a message of diverting Capex to US expansion would show investors strong intent.  I also would like LIQ to have a more aggressive tone to the market on their growth plans, frequent news releases of new stores opening, record breaking sales...etc...
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