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

RE:RE:RE:RE:RE:RE:RE:patenright111

[Goldbuggy1]

patenright111 wrote: AGAIN, THIS IS NOT A CASE WHERE LIQ HAD TO CUT DIV DUE TO SALES LOSSES RESULTING IN NEGATIVE CASHFLOWS, IT WAS AND I STRESS, A DECISION TO USE THE DIVIDEND TO RE INVEST BACK INTO THE COMPANY AND GROW SALES WHICH WILL THEN INCREASE PROFITS - IT IS CALLED AN INVESTMENT - I TRUST YOU KNOW THE DIFFERENCE BETWEEN USING DIV FOR INVESTMENT PURPOSES VS USING DIVIDEND TO HELP FUND A DETERIORATING CASHFLOW SITUATION ????? DO YOU

Since LIQ made changes from being a Trust Company into a Corporation. LIQ in October 03, 2011: Share Price $13.60 Dividend 7.9% ($1.08/share) LIQ in April 01, 2016: Share Price $8.02 Dividend 4.5% ($0.36/share) LIQ Share Price Appreciation in 5 years: (-$5.58/share). LIQ Share Price 5 Year % Increase (Decrease): (-41%) LIQ 5 Year Dividend Increase/Decrease: (-$0.72/share) LIQ 5 Year Dividend Increase/Decrease as a %: (-66%) Cash Flow for these 5 Years: Who Cares? So to put things in prospective, if you were a Long Term Shareholder and back on October 03, 2011 you invested $100,000 in this company, you would have received a Monthly Dividend of $661.77. Now your Monthly Dividend Payment would only be $220.59. If you were on Pension and Retired, that would really hurt. You may even "Agonize" over that. But what is more is that now that $100,000 you may have saved all your life to get is now only worth $59,000 after only recently going up $3,676. This company has always had Cash Flow. The scary part of that is how most of this money disappears until they get to the bottom line, which is earnings per share. For the year this company reported (Adjusted) Earning per share of $0.57. That is still not the bottom line as Adjusted Earnings means they still have to make adjustments to it, which have been one time costs like legal fees or severance pay, and the like. They pay $0.36/share on Dividends. Do your own math. It is nice to think this company spends all this money on CAPEX, but they don't. They borrow the money to do that and this is why the Debt went up from $130 M in December to the $196 M it is now. Don't let the Pumpers try to fool you with Cash Flow. That means nothing if they can't turn this into profit. Earning per Share has always been the bottom line to Share Holders. This 5 year performance on this stock proves that.