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

RE:RE:RE:RE:RE:RE:RE:RE:RE:I'm out at $7.90

[Goldbuggy1]

patenright111 wrote: Finally, I suggest you take a course on cashflow statement, there are 3 sections 1. operations. 2 financing 3. investing. It is the hardest statement of the 3 ( b/s , I/s, cashflow) to truly understand. I am a CFA by trade so I know a lot about cashflow and again cash is king, companies are valued on cashflow. cashflow cannot be manipulated like earnings can , and remember dividends are paid from cashflow NOT earnings.

I don't have to be an Accountant to know that if a company spends more than it earns, it will go broke unless it changes its ways. Never did I once see this company use the terms Cash Flow" or "Free Cash Flow" so I have no idea where you are getting this from. The company says exactly " Cash provided by operating activities before changes in non-cash working capital and adjusted items per share". This is what the company focuses on in the buying and selling of merchandise (there booze) and the service to do that. The words "Cash Flow" is never mentioned nor is any Cash Flow Statement ever provided by this company and as you mention they should. If so they would also have to provide there Interest Payments and Tax Payments, which are 2 other things I have never seen from this company. They say this is on SEDAR but I have yet to find that there. Maybe you have an can share that with us.