TSX:LIQ.DB.B - Post by User
Comment by
Goldbuggy1on Feb 16, 2016 8:02pm
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Post# 24564078
RE:RE:RE:Privatize Provincial Stores
RE:RE:RE:Privatize Provincial Storesmercatos wrote: Yes spin off the US operations while maintaining shareholder equity. I am sure there could be many combinations of what that could look like and I dont really want to spend much energy on this. I am sure there are many great readers out there that have insights to this.
LIQ should focus on the US market. Consolidate refers to the depth of the independent and small local chains in the US and it is ripe for a company like LIQ to come in buy into or invest into key markets to create market share.
The point from previous post is really to have LIQ do something, anything, to send a strong message of US growth focus. Spinning off US operations was really a crazy suggestion to shed the Alberta oil and gas flu from this stock.
Cheers
Well I am not sure what you consider to be a strong message to shareholders of LIQ wanting to focus on US Growth, but I think if you look more closely you will see that in there last 10 Transactions. Since June 30th, 2015 LIQ has closed 1 store in Alaska and 1 store in Edmonton to consolidate sales, and opened 2 convenient stores in Edmonton. But more importantly, on July 1st, 2015 LIQ opened 2 large-format stores in Kentucky. In January 2016 LIQ took over 51% (so far) of 2 large-format stores in New Jersey. There next planned store openings for which they have locations and licenses already are for 1 large-format store to open in Connecticut and 1 large-format store in Massachusetts in the summer of 2016. The CEO also mentioned in there last Quarterly Report that LIQ wishes to diversify out of Alberta. So I am a bit confused on what more clearer message one needs to see.