Alcanna

CLIQ-T

Analysis and Opinions about CLIQ-T

Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
August 16, 2019
The dividend was very high, almost too high. The dividend was illuminated and the stock price took a hit. They are active in the alcohol space and marijuana. Have been raising money, and could be a potential acquisition for Aurora.
Show full opinionHide full opinion
Alcanna (CLIQ-T)
August 16, 2019
The dividend was very high, almost too high. The dividend was illuminated and the stock price took a hit. They are active in the alcohol space and marijuana. Have been raising money, and could be a potential acquisition for Aurora.
WEAK BUY
WEAK BUY
August 12, 2019
He follows this closely. They're in liquor and now cannabis; they're growing same-stories and winning market share in Alberta for liquor. So when will we see a real improvement in margins? He expects them to deliver and for their cannabis division to perform well. CLIQ is well-positioned for cannabis. Profitability will come in a few years. Be patient. They will expand successfully.
Show full opinionHide full opinion
Alcanna (CLIQ-T)
August 12, 2019
He follows this closely. They're in liquor and now cannabis; they're growing same-stories and winning market share in Alberta for liquor. So when will we see a real improvement in margins? He expects them to deliver and for their cannabis division to perform well. CLIQ is well-positioned for cannabis. Profitability will come in a few years. Be patient. They will expand successfully.
TOP PICK
TOP PICK
July 15, 2019

It was an income trust, and so they distrbitued too much money and didn't keep enough cash to refurbish their stores and stay competitive. That hurt, then they the oil price fell (they're based in Alberta), then they made some dumb acquisitions. Aurora Cannabis and the Bitove family have since invested. They've cut prices to wipe out competition, then bought that competition--twice. This has worked. Eventually, they will raise prices now that they've wiped out those competitors. Alberta law limits other liquor stores within a certain radius from existing shops, so they have a moat. And they're getting into cannabis. This stock is starting to move. (Analysts’ price target is $8.05)

Show full opinionHide full opinion
Alcanna (CLIQ-T)
July 15, 2019

It was an income trust, and so they distrbitued too much money and didn't keep enough cash to refurbish their stores and stay competitive. That hurt, then they the oil price fell (they're based in Alberta), then they made some dumb acquisitions. Aurora Cannabis and the Bitove family have since invested. They've cut prices to wipe out competition, then bought that competition--twice. This has worked. Eventually, they will raise prices now that they've wiped out those competitors. Alberta law limits other liquor stores within a certain radius from existing shops, so they have a moat. And they're getting into cannabis. This stock is starting to move. (Analysts’ price target is $8.05)

WEAK BUY
WEAK BUY
April 23, 2019
They've struggled with their liquor business, and are expanding into cannabis in BC and Ontario, and that takes capital. You must be patient here like a few years, but they should make a lot of money in cannabis in the future. Now is a good time to look at CLIQ.
Show full opinionHide full opinion
Alcanna (CLIQ-T)
April 23, 2019
They've struggled with their liquor business, and are expanding into cannabis in BC and Ontario, and that takes capital. You must be patient here like a few years, but they should make a lot of money in cannabis in the future. Now is a good time to look at CLIQ.
PAST TOP PICK
PAST TOP PICK
February 5, 2019
(A Top Pick Apr 24/18, Down 47%) It's oversold. He's watching it and may buy back his position. They've gotten into cannabis retailing out west and are looking at Ontario where he expects them to have a strong presence. Note: Aurora bought 25% of CLIQ at $15/share (today $5). Ouch.
Show full opinionHide full opinion
Alcanna (CLIQ-T)
February 5, 2019
(A Top Pick Apr 24/18, Down 47%) It's oversold. He's watching it and may buy back his position. They've gotten into cannabis retailing out west and are looking at Ontario where he expects them to have a strong presence. Note: Aurora bought 25% of CLIQ at $15/share (today $5). Ouch.
DON'T BUY
DON'T BUY
January 14, 2019
The dividend isn't safe given company turmoil. They're converting Alberta liquor stores into cannabis retail, partnering with Aurora. This is a speculative play and a logistical challenge. It's difficult to run cannabis retail when you have no product to sell. The upside is that Aurora could just vertically integrate and own the entire channel.
Show full opinionHide full opinion
Alcanna (CLIQ-T)
January 14, 2019
The dividend isn't safe given company turmoil. They're converting Alberta liquor stores into cannabis retail, partnering with Aurora. This is a speculative play and a logistical challenge. It's difficult to run cannabis retail when you have no product to sell. The upside is that Aurora could just vertically integrate and own the entire channel.
COMMENT
COMMENT
November 29, 2018
Pot retail and alcohol retail. Interesting as it has exposure to the marijuana space without the higher valuation. Even as he doesn't like the sector in general this is a good way to dip your toes in it.
Show full opinionHide full opinion
Alcanna (CLIQ-T)
November 29, 2018
Pot retail and alcohol retail. Interesting as it has exposure to the marijuana space without the higher valuation. Even as he doesn't like the sector in general this is a good way to dip your toes in it.
PAST TOP PICK
PAST TOP PICK
November 19, 2018
(A Top Pick Jan 23/18, Down 33%) Recently exited it. Aurora owns 25% of the company, but Ontario just said that a weed company can't own more than 9.9% of a retailer, so it's a challenge for them in how to develop their cannabis side. He'll continue to track this. There's risk to raise capital for them and that could pressure the share price.
Show full opinionHide full opinion
Alcanna (CLIQ-T)
November 19, 2018
(A Top Pick Jan 23/18, Down 33%) Recently exited it. Aurora owns 25% of the company, but Ontario just said that a weed company can't own more than 9.9% of a retailer, so it's a challenge for them in how to develop their cannabis side. He'll continue to track this. There's risk to raise capital for them and that could pressure the share price.
WATCH
WATCH
October 17, 2018

It's now half-liquor, half-weed, but liquor hasn't seen much growth in Alberta, so one part of the business is sidways and the other is a question mark, probably upwards. There are too many if's with CLIQ, but he's been watching it for a
long time. 3.3% dividend

Show full opinionHide full opinion
Alcanna (CLIQ-T)
October 17, 2018

It's now half-liquor, half-weed, but liquor hasn't seen much growth in Alberta, so one part of the business is sidways and the other is a question mark, probably upwards. There are too many if's with CLIQ, but he's been watching it for a
long time. 3.3% dividend

BUY
BUY
September 10, 2018

He still likes it. They are a leading liquor retailer and will get into Cannabis. They will be getting into Ontario as well as where they are in Alberta. They generate free cash flow and earnings already. It is a stealth way to play the cannabis sector.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
September 10, 2018

He still likes it. They are a leading liquor retailer and will get into Cannabis. They will be getting into Ontario as well as where they are in Alberta. They generate free cash flow and earnings already. It is a stealth way to play the cannabis sector.

BUY
BUY
July 23, 2018

The liquor and cannabis businesses are two distinct and different businesses. CLIQ-T are going through a very extensive renovation this year. They are doing the right long term thinks in the business but it will impact it short time. There is great long term upside.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
July 23, 2018

The liquor and cannabis businesses are two distinct and different businesses. CLIQ-T are going through a very extensive renovation this year. They are doing the right long term thinks in the business but it will impact it short time. There is great long term upside.

COMMENT
COMMENT
June 19, 2018

Dominant position in Alberta liquor, which is competitive, so they're diversifying. Trying to acquire licenses in cannabis, which is an interesting opportunity. Liquor business in turnaround mode which will improve over next few years, but market isn't giving value to the cannabis division. Will have a strong position when the licenses come through.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
June 19, 2018

Dominant position in Alberta liquor, which is competitive, so they're diversifying. Trying to acquire licenses in cannabis, which is an interesting opportunity. Liquor business in turnaround mode which will improve over next few years, but market isn't giving value to the cannabis division. Will have a strong position when the licenses come through.

HOLD
HOLD
May 8, 2018

ACB paid a premium to the market price, hoping that it will become a distributor. That has not happened yet. The market price has not risen to the price ACB paid. This company is a former income trust. Like all other income trusts, they neglected their CAPEX. Their starting to do maintenance on their stores now, making them look better. The new management team will spend a lot of money on this. It will be messy for several quarters. Longer term, after they clean up their stores and the Alberta economy picks up again, will be a good holding. The dividend is not high enough to make the stock exciting for investors while they wait, so he doesn’t own it, but if he did own it, he wouldn’t be in a rush to sell it. If they do start to distribute marijuana, the stock will pop.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
May 8, 2018

ACB paid a premium to the market price, hoping that it will become a distributor. That has not happened yet. The market price has not risen to the price ACB paid. This company is a former income trust. Like all other income trusts, they neglected their CAPEX. Their starting to do maintenance on their stores now, making them look better. The new management team will spend a lot of money on this. It will be messy for several quarters. Longer term, after they clean up their stores and the Alberta economy picks up again, will be a good holding. The dividend is not high enough to make the stock exciting for investors while they wait, so he doesn’t own it, but if he did own it, he wouldn’t be in a rush to sell it. If they do start to distribute marijuana, the stock will pop.

TOP PICK
TOP PICK
April 24, 2018

Their core liquor business is in turnaround mode, run by new management who are doing all the right things. They are focusing on private labels. They have been renovating their stores, they plan to open up to 50 new stores this year in Alberta and BC, liquor retailing is a good steady business as it is, which is good for this point in the business cycle, and they expect to increase sales with cannabis next year. They received a strategic investment from Aurora Cannabis, which now owns 20% of the company and will buy another 5% for $15 per share even though the company trades under $10 today. The western provinces are talking about privately owned cannabis stores, so the opportunity for them to move into this business in a big way is realistic. (Analysts’ price target is 13.10$)

Show full opinionHide full opinion
Alcanna (CLIQ-T)
April 24, 2018

Their core liquor business is in turnaround mode, run by new management who are doing all the right things. They are focusing on private labels. They have been renovating their stores, they plan to open up to 50 new stores this year in Alberta and BC, liquor retailing is a good steady business as it is, which is good for this point in the business cycle, and they expect to increase sales with cannabis next year. They received a strategic investment from Aurora Cannabis, which now owns 20% of the company and will buy another 5% for $15 per share even though the company trades under $10 today. The western provinces are talking about privately owned cannabis stores, so the opportunity for them to move into this business in a big way is realistic. (Analysts’ price target is 13.10$)

WATCH
WATCH
February 28, 2018

Is this a buy over the next 1-2 years? He thinks the buy in by Aurora was interesting. Their existing business is going through transformation and they are working at trying to improve on or sell assets – especially in Alberta. He is on the fringe of wanting to own it.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
February 28, 2018

Is this a buy over the next 1-2 years? He thinks the buy in by Aurora was interesting. Their existing business is going through transformation and they are working at trying to improve on or sell assets – especially in Alberta. He is on the fringe of wanting to own it.

Showing 1 to 15 of 111 entries

Alcanna(CLIQ-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Alcanna is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Alcanna(CLIQ-T) Frequently Asked Questions

What is Alcanna stock symbol?

Alcanna is a Canadian stock, trading under the symbol CLIQ-T on the Toronto Stock Exchange (CLIQ-CT). It is usually referred to as TSX:CLIQ or CLIQ-T

Is Alcanna a buy or a sell?

In the last year, 3 stock analysts published opinions about CLIQ-T. 3 analysts recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is SPECULATIVE BUY. Read the latest stock experts' ratings for Alcanna.

Is Alcanna a good investment or a top pick?

Alcanna was recommended as a Top Pick by Benj Gallander on 2019-08-16. Read the latest stock experts ratings for Alcanna.

Why is Alcanna stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Alcanna worth watching?

3 stock analysts on Stockchase covered Alcanna In the last year. It is a trending stock that is worth watching.

What is Alcanna stock price?

On 2020-04-08, Alcanna (CLIQ-T) stock closed at a price of $2.21.