TSX:LIQ.DB.B - Post by User
Post by
kijijion Jun 06, 2016 8:04pm
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Post# 24939818
Nice! LIQ held above 9 bucks at the close
Nice! LIQ held above 9 bucks at the closeThe space has been quite beat up because of Alberta exposure. The dividend was cut but it is still 4.5%. It is the largest publicly traded liquor company in North America. They are expanding through acquisition in the US. They have been growing private label, which has higher margin. It is a reasonably stable business in good times and in bad. The stock has been overly penalized.