TSE:CLIQ
Alcanna (CLIQ.TO)
9.05
-0.11 (1.20%)
as of Apr 1, 2022, 8:00:00 pm Market Open.
98 watching
Financials 
Technical Analysis 0
WEAK BUY
Management strategy was to roll up a fragmented industry in Alberta and BC. Short term he likes it as they are doing accretive acquisitions and have a nice payout ratio under 100%. Doesn't like long term as it is involved in the retail sector and could get competition from larger companies.
merchandisinglodging
BUY
The market in Alberta is deregulated and these are privately owned stores. The stores themselves are very profitable and net free cash flow generators. Will be able to make acquisitions, so look on it as a growth trust.
Sandy McIntyreOwned
merchandisinglodging
TOP PICK
B.C. and Alberta liquor stores. Good cash cow. Very stable. A fragmented market and they can grow through acquisition. Just bought 13 stores at about 7.5 X EBITDA. They trade about 13 X EBITDA next year, so very accretive. Have 63 stores but have 350 on their radar screen. Distributions should increase.
Matt BaillieOwned
merchandisinglodging
DON'T BUY
'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20scale(-1,%201)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
