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

RE:RE:RE:RE:Thoughts ??

[OilMoneyAB]

Market will not appreacite that, too big of a div cut. I do like the forward prospects and I think the AB loss of sales is being overblown and quite possibly the worst has hit for this quarter and will improve Q2 and beyond as Oil price should steadily rise for the rest of the year. I sure hope on the CC tomorrow that they announce they will use the Div savings this year to purchase the remaining 49% of Birchfield.

 

Inohnuttin wrote: Storman, I agree with you. Things look better now. The only thing that really "hurts" at first glance is the impairment charge, but considering that their sales are up during the worst oil prices of a lifetime, the value of this can only go up from here. next quarter will have further income on the balance sheets from the new store aquisitions. I'm more optimistic about it the more I look at the numbers on the release.