TSX:LIQ.DB.B - Post by User
Post by
mercatoson Feb 07, 2016 8:47pm
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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...