TSE:CLIQ

Alcanna (CLIQ.TO)

9.05
-0.11 (1.20%)
as of Apr 1, 2022, 8:00:00 pm Market Open.
98 watching
0
COMMENT
Great cash flow. Located in Alberta, which is a great growth area. Good fundamentals and strong balance sheet. His only question is, are you being paid enough for the slight risk there is. 7% distribution.
BUY
Bullish on this company. Good population growth and earnings generation in western Canada. Same store sales growth is clicking.
COMMENT
Attempting to acquire Liquor Barn Income Fund (LBN.UN-T). Have done a good job of growing. Very strong margins.
DON'T BUY
Liquor stores, primarily in Alberta. A very defensive name. Still has some good growth prospects, but has gotten a little ahead of itself.
DON'T BUY
Good company. Likes the business, but has never seen an attractive entry point. Very strong management team.
BUY
Has always paid for acquisitions by issuing new units. This is still possible under the new rules and they could double their size by the time the 4 years is up, but doubts if they could do it. Has a great market. Their competition is facing a lot of challenges.
BUY
This has been a great company. Expect the fortunes of this company will be tied to the future of the Alberta economy, which longer-term still looks pretty rosy.
COMMENT
Benefited greatly from having a high multiple attributed to its trust. Even with the recent pullback, it still has a high multiple. Has been a great deal of consolidation in stores in Alberta and B.C. Will probably continue, but rate of acquisition will probably slow.
DON'T BUY
This was a business that depended on the high valuation that they got as an income trust. Not only will they be taxed with no shield, but the ability to make acquisitions has been reduced.
DON'T BUY
Has very little capital assets that would help them generate some tax pools.
BUY
A relatively stable business. Stores are located in Alberta foods population and economy is growing.
DON'T BUY
Has suffered from the government's stance, the same as all income trusts. You also have to be aware of the impact of rising interest rates on incoime funds.
BUY
Consumer spending continues to go along at a reasonable pace. A well constructed trust. A good franchise in the area in which it operates in. Has ample scope for expansion. Over time, should see a higher revenue stream translating into higher distribution.
DON'T BUY
Growing through expansion/acquisition. Can't see any real competitive reason to expand except to get bigger. As long as they can continue to keep doing what they've been doing, they'll probably do well, but a lot of the expectation that they will congtinue to grow like that has already been priced onto the units. Not inexpensive.
DON'T BUY
Concerned about the sustainability of their competitive position. Very price competitive. Very little organic growth opportunity.
Showing 91 to 105 of 114 entries