Post by
mike49 on Feb 06, 2016 9:49pm
some thoughts
no rant-i promise but a few observations...
no doubt about it,solo kicked it for the consumer (in alberta) this winter but i still suspect they did it on old inventory and will have to pay the piper some day.yes,sales will be soft in alberta-maybe alaska-but hopefully made up for in bc and the states.this could be a good time for liq to rationalize in alberta and scoop some competition but i don't know if that's on the radar when focus has been on us.sell kentucky.....look at amayas problems there to wonder if it's worth it.if cruz is still around liq will get dragged into caucus debates for sure (no-i am not hammered).
speaking of which,glad i enjoy a whiskey and not a big fat one because i spent some time reading the info circular and annual report from last year.near as i can tell,bonus is calculated on divvy and tsr so that might be a hint as to the sustainability of the status quo.i figure current divvy 70/30 for a month yet and then all bets are off,especially since fearless leader passed the buck to the board.
by the bye-chairman pulls a cool 120 k for the title.now that's old school mr. dinning...
still can't figure why there is no insider buying unless there is some kind of extended black-out or a corporate bylaw tied to rights somewhere.
still,the brass gets paid enough to spend a little time on investor relations.
last but not least-still a mil or so short but down substantionally from the fall.guess they're sitting on the fence too and glad it seems the original position(s) was opportunist and not directed.
cheers all
Comment by
mike49 on Feb 07, 2016 12:13am
in my house we say SOCIABLE ! or some such,depending on company. onward buddy. p.s.-speaking of rum.v-perfect example for liq to cherry pick. pfft
Comment by
Birdman1972 on Feb 07, 2016 12:34pm
Just a FYI, according to the RUM webpage they have 43 stores in Alberta not 42.