Alcanna

CLIQ-T

Analysis and Opinions about CLIQ-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
January 23, 2018

He likes liquor retailing in general and Alberta has been in the dumps. However, there’ve been a number of things happening. There was a proxy contest the new management and the board put in place. Feels new management is doing a good job. They've sold some US assets off. They are using those proceeds to pay down debt and reinvesting in their tired store base in Alberta. They’re the largest player in Alberta and it is a pretty lucrative market. If there is any improvement, in oil prices and the Alberta economy, such as there has been recently, this company is poised to benefit. There’s been some speculation, that because of the large number of stores in Alberta, there are opportunities for them to benefit from converting some into cannabis stores. Dividend yield of 3%. (Analysts' price target is $11.88.)

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

He likes liquor retailing in general and Alberta has been in the dumps. However, there’ve been a number of things happening. There was a proxy contest the new management and the board put in place. Feels new management is doing a good job. They've sold some US assets off. They are using those proceeds to pay down debt and reinvesting in their tired store base in Alberta. They’re the largest player in Alberta and it is a pretty lucrative market. If there is any improvement, in oil prices and the Alberta economy, such as there has been recently, this company is poised to benefit. There’s been some speculation, that because of the large number of stores in Alberta, there are opportunities for them to benefit from converting some into cannabis stores. Dividend yield of 3%. (Analysts' price target is $11.88.)

COMMENT
COMMENT
January 4, 2018

When they went public he thought it was a great concept – publically owned liquor stores, but it has not done much. Cannabis would give it a bit of a lift but for now it is an income play. You won’t make a lot of money. You can do better with a telco, pipeline or bank.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
January 4, 2018

When they went public he thought it was a great concept – publically owned liquor stores, but it has not done much. Cannabis would give it a bit of a lift but for now it is an income play. You won’t make a lot of money. You can do better with a telco, pipeline or bank.

DON'T BUY
DON'T BUY
December 11, 2017

He said several years ago to stay away because they needed such renovation of their stores. They are now reestablishing their western Canada presence and selling off their US stores. Cannabis may or may not be the savior of the stores.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
December 11, 2017

He said several years ago to stay away because they needed such renovation of their stores. They are now reestablishing their western Canada presence and selling off their US stores. Cannabis may or may not be the savior of the stores.

PAST TOP PICK
PAST TOP PICK
October 5, 2017

(A Top Pick Sept 9/16. Down 3.09%.) This was a kind of bet on a recovery in Alberta, because that is where most of their stores are. Has added more, because in the interim, they had a proxy battle and brought in new management and new directors. Pays a dividend of about 4%. At some point he thinks oil is going to recover. Also, what if they get a mandate in Alberta to sell marijuana like they did in Ontario. There could be some interesting upside here. Still a Buy.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
October 5, 2017

(A Top Pick Sept 9/16. Down 3.09%.) This was a kind of bet on a recovery in Alberta, because that is where most of their stores are. Has added more, because in the interim, they had a proxy battle and brought in new management and new directors. Pays a dividend of about 4%. At some point he thinks oil is going to recover. Also, what if they get a mandate in Alberta to sell marijuana like they did in Ontario. There could be some interesting upside here. Still a Buy.

COMMENT
COMMENT
August 29, 2017

This is a pretty good steady business. It has a dominant position in Alberta and a very nice business in British Columbia. The recent quarter showed they had some struggles in their smaller US business. The new management and board are doing the right things. They are trying to improve inventory turns, putting money into revamping their very large store base in Alberta. All of those changes should lead to a leaner cost structure, and improve margins in their Canadian store base. Thinks there is potentially a $14-$15 share price over the next couple of years.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
August 29, 2017

This is a pretty good steady business. It has a dominant position in Alberta and a very nice business in British Columbia. The recent quarter showed they had some struggles in their smaller US business. The new management and board are doing the right things. They are trying to improve inventory turns, putting money into revamping their very large store base in Alberta. All of those changes should lead to a leaner cost structure, and improve margins in their Canadian store base. Thinks there is potentially a $14-$15 share price over the next couple of years.

PAST TOP PICK
PAST TOP PICK
August 21, 2017

(Top Pick Sep 9/16, Down 13.38%) Alberta is not picking up any faster than anyone thought and then there was a proxy battle and the old management is selling off their stock. They could get rid of their US assets and concentrate on Alberta.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
August 21, 2017

(Top Pick Sep 9/16, Down 13.38%) Alberta is not picking up any faster than anyone thought and then there was a proxy battle and the old management is selling off their stock. They could get rid of their US assets and concentrate on Alberta.

DON'T BUY
DON'T BUY
July 24, 2017

It is not in its hay day right now. That was in 2010. Every year their return on capital keeps getting worse.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
July 24, 2017

It is not in its hay day right now. That was in 2010. Every year their return on capital keeps getting worse.

PAST TOP PICK
PAST TOP PICK
June 21, 2017

(A Top Pick March 30/16. Up 38%.) This benefited from the recovery last year in oil prices. He is less interested now because there are some operational issues they are working through.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
June 21, 2017

(A Top Pick March 30/16. Up 38%.) This benefited from the recovery last year in oil prices. He is less interested now because there are some operational issues they are working through.

PAST TOP PICK
PAST TOP PICK
May 29, 2017

(A Top Pick April 11/16. Up 34%.) Liquor retailing is a pretty good business. Performance over the last 4-5 years has been substandard, and feels the current management team has mismanaged the business in some ways. Also, there has been an escalation in costs which has led to higher operating expenses as a percentage of sales. There are a lot of things with the business that can be done to improve it.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
May 29, 2017

(A Top Pick April 11/16. Up 34%.) Liquor retailing is a pretty good business. Performance over the last 4-5 years has been substandard, and feels the current management team has mismanaged the business in some ways. Also, there has been an escalation in costs which has led to higher operating expenses as a percentage of sales. There are a lot of things with the business that can be done to improve it.

PAST TOP PICK
PAST TOP PICK
March 31, 2017

(Top Pick Mar 30/16, Up 26%) It was challenged this time last year. It was taking it on the chin. It has turned a corner, but still has some negative same store sales out West. They need to see a turning point there to get the stock above $10. As time goes on it will happen.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
March 31, 2017

(Top Pick Mar 30/16, Up 26%) It was challenged this time last year. It was taking it on the chin. It has turned a corner, but still has some negative same store sales out West. They need to see a turning point there to get the stock above $10. As time goes on it will happen.

SELL
SELL
January 3, 2017

This looks pretty range bound and currently at a level where he would be a seller. There is a good support line somewhere around $8, and it has currently been stuck in a range for about 6-7 months. Volumes have been dwindling.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
January 3, 2017

This looks pretty range bound and currently at a level where he would be a seller. There is a good support line somewhere around $8, and it has currently been stuck in a range for about 6-7 months. Volumes have been dwindling.

WATCH
WATCH
December 12, 2016

They have a lot of Cap-x to renovate stores and sure enough they had to cut the dividend. Same store sales are struggling. There is competition. They are trying to launch their own brands, but that is tough. You want to watch same store sales and how much they have to reinvest in the business to stay competitive.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
December 12, 2016

They have a lot of Cap-x to renovate stores and sure enough they had to cut the dividend. Same store sales are struggling. There is competition. They are trying to launch their own brands, but that is tough. You want to watch same store sales and how much they have to reinvest in the business to stay competitive.

DON'T BUY
DON'T BUY
September 22, 2016

He thinks it should be avoided. They cut their dividend. They have a lot of Cap-X ahead of them. He does not like the business model.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
September 22, 2016

He thinks it should be avoided. They cut their dividend. They have a lot of Cap-X ahead of them. He does not like the business model.

TOP PICK
TOP PICK
September 9, 2016

Most of their stores are in Alberta. They cut their dividend earlier this year which provided relief for the balance sheet. It freed up capital to improve their stores. Have diversified away from Alberta and only have about two thirds Western Canada. They have stuff in Kentucky, Alaska and BC. New CEO is growth oriented. Dividend yield of 3.41%.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
September 9, 2016

Most of their stores are in Alberta. They cut their dividend earlier this year which provided relief for the balance sheet. It freed up capital to improve their stores. Have diversified away from Alberta and only have about two thirds Western Canada. They have stuff in Kentucky, Alaska and BC. New CEO is growth oriented. Dividend yield of 3.41%.

HOLD
HOLD
August 18, 2016

He looked at it and the volume just wasn’t there. It came down last year from $19. 3.75% dividend yield. We are not going to see any resistance until $11, another 10%. If it gets there you may want to take some off the table. It will be impacted by any kind of correction we have.

Show full opinionHide full opinion
Alcanna (CLIQ-T)
August 18, 2016

He looked at it and the volume just wasn’t there. It came down last year from $19. 3.75% dividend yield. We are not going to see any resistance until $11, another 10%. If it gets there you may want to take some off the table. It will be impacted by any kind of correction we have.

Showing 16 to 30 of 111 entries