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

RE:Capex

[Goldbuggy1]

mercatos wrote: I 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...

LIQ has never mentioned any intent to buyback shares, so you very well could be right in you assessment. Although part of this strategy is to keep quiet about that until you get permission and are ready to ponce. No point in letting the cat out of the bag too early. But it was only mentioned here that if the company has plans to continue paying this 15% Dividend that it might be a good idea. Like any Bull-board ideas and strategies get tossed around.