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

Cut The Dividend Already.....

[FootballFan1]

Last year LIQ reported their Q4 results in early March....That Q covers the Christmas season so if they don't match or beat last year's EPS and other key figures, this stock might continue to get whacked......LIQ seems to be tracking the price of oil - justified or not - perhaps because most of their stores are in Alberta - Who knows if those left in Alberta are still drinking it up and buying their booze from a LIQ location, but the proof will be in the Q result numbers........Another concern: the LIQ stores themselves look very nice from the pictures, but are people willing to pay a premium for the same booze...?.....These exclusive extras like beer and wine tasting, private labels, etc. may not cut it......who cares where you buy your Listerine, Cheerios, or Jack Daniels from - it's the same product - so I think most people will buy these items from the retailer that charges the least for it in their area..........The market seems to be screaming for LIQ to cut the dividend already...... $1.08 / $6.80 = over 15% yield at today's closing price......does anyone think this dividend is sustainable going forward.....?

[Inohnuttin]

Dyod . . . But concerning the dividend: the dividend is paid from revenue. I know the past several quarters, they haven't been making enough to pay the current dividend, but going forward their revenue and EPS is projected to grow. Even with their last acquisition, that alone was expected to immediately add to their bottom line. My question to you guys is: if they were able to pay it all of

[Storman]

Regarding  dividend cut; I think if next quarter shows  substantial  decrease in  EBITDA , then most likely  management will start entertaining seriously dividend cut. IMO dividends will be cut unless the US acquisitions are very accretive to the bottom line which becomes apparent in about three months. Until then everything is speculation.

[Goldbuggy1]

With this Stock Price cut in half since last Q4 Reporting it is pretty obvious that the market does not expect LIQ to match or beat last years EPS. It is more of a question of how bad it is and not how good it will be. Is this Dividend Sustainable? I can't count over the years when I thought it wasn't only to be fooled by them, and showed it was. The last time I would have bet my

[Goldbuggy1]

Personally for me I shop where it is the most convenient for me and where I can find easy parking and in and out in a hurray. So personally I would rather pay an extra $0.50 on a bottle of Jack Daniels then go through Downtown Traffic and fight for a parking spot, to save that. Having friendly and helpful staff is also important to me. I suppose the atmosphere is also important as if I like the

[OilMoneyAB]

    The problem is the avg joe is starting to pinch pennies, the price of food is going way up, higher grocery bills = less spending money. It seems like LIQ likes to position themselves in shopping plazas next to the grocuery store.. If you just spent a bunch on food you will probably opt for cheaper/less booze or maybe none at all!  But on the flip side of things, less eating

[Goldbuggy1]

I don't doubt that New Car Sales are down in Alberta, as are New House Sales. I am sure Steak & Lobster Places are suffering to. But not so much with Alcohol. If that were the case then alcohol wouldn't be Recession Proof and as it is claimed. People drink in Good Times as well as Bad Times. It may even be argued they drink more in bad times as drinking makes them feel better. I tend

[kijiji]

if your job is in jeopardy you will change how much money is spent on many products.    Things that get paid first are ...food...mortgage...car payment... then smokes and booze.    And maybe,,  you decude to go to the black market.    As the economy unravels our leaders who only know how to do two things..  TAX AND SPEND... may find that