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Liquor Stores N.A. LQSIF

Consumer Cyclical Specialty Retail


GREY:LQSIF - Post by User

Liquor Stores N.A. > CLIQ Selling 40+ stores in Alberta
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Comment by Pat123on Feb 25, 2020 1:48pm
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Post# 30731779

RE:RE:RE:CLIQ Selling 40+ stores in Alberta

RE:RE:RE:CLIQ Selling 40+ stores in AlbertaYou are right! They are definitely in cash distress. Their balance sheet is thin.  However, they still have a business that should do well even in recession. We should wait for the next results and see how bad the situation is. I hope bankruptcy is not an option.  It's crazy to see how much cash have they burned since they have cut their dividend.
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