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

I REPEAT ADJUSTED CASHFLOW IS 1.13/SHR IN 2015

[patenright111]

adjusted is appropriate as I already explained. $1.13 is a FACT - it cannot be disputed. Thus with new dividend of $.36 that is a payout of JUST 31.8% !!! Smart investors know that is low and is not NORMALIZED, so in 1-2 years when capx reduces to normal levels of like 5-10M from 20M, the company will at the very least another 10M -15M of cashflow to use for dividends and 10M/27M shares = .37 more dividends + .36 = $0.73 div at a "bare minimum". using 9% yield on $0.73 = stock of $8.1 and well look at this is exactly where the stock currently is so it is fair value right now. That is the reason the stock is not at $5-6 like many bashers want and hope for. you cant say oh the div is .36 and lets now use a yield of 7% and stock = $5.1 - NO NO - smart investors are not that stupid as again they know the .36 div is not NORMALIZED !!! your weclome

[looking4hits]

I really enjoy reading your posts patenright!  This is not a stock or sector I was contemplating. I haven't been reading this bullboard but I'm guessing the usual bashers are short sellers trying to manipulate the stock down? They become apparent. And thank you for not hiding the fact you short other stocks (like TOG). More traders should be like you. I don't trade but have