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Liquor Stores N.A. LQSIF



GREY:LQSIF - Post by User

Comment by Griz_Onlineon Dec 14, 2018 10:55am
261 Views
Post# 29115817

RE:well

RE:wellPeople bought this for income.. no dividend no income.. no reason to hold. I don't know if you shop at any of the stores but they are usually dead. I stopped by one of their flagship stores yesterday and it was dead lots of people working no customers... take a look at thier prices they are 20 percent higher than many of their competitors this is why they are failing. I agree the economy in Alberta is an issue people are still drinking, albeit at lower prices elsewhere.




Nosleep wrote: nine cents a quarter really translates into a 22% drop for some people? talk about sell the lows. Company goes into growth mode, i think they'll do fine selling alchohol and pot. I have quite a bit of this stock already, but gonna have to see where this flattens out and look at some more. 2-3 year growth plans, if they go well you'd have to think a div will be reinstated down the road after buildout is done. Guess the big question is Alberta economy.

Anyways, good luck folks, wherever you end up thru this.


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