Alcanna

CLIQ-T

Analysis and Opinions about CLIQ-T

Signal
Opinion
Expert
COMMENT
COMMENT
August 13, 2013

This is one you just buy for income, not growth. On a cash flow basis, the dividend is quite secure. The main problem is that there is a bit of a competitive shift in the US. Some of the states that they are operating in, the states around them have changed their liquor laws be a little bit more flexible. Same-store sales dropped 3% in the last quarter, which was kind of worrisome to the market. Sales did increase so it’s not a total disaster.

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Alcanna (CLIQ-T)
August 13, 2013

This is one you just buy for income, not growth. On a cash flow basis, the dividend is quite secure. The main problem is that there is a bit of a competitive shift in the US. Some of the states that they are operating in, the states around them have changed their liquor laws be a little bit more flexible. Same-store sales dropped 3% in the last quarter, which was kind of worrisome to the market. Sales did increase so it’s not a total disaster.

COMMENT
COMMENT
August 12, 2013

Doesn’t know the balance sheet, income statement on this one so it is difficult to comment on. However, the so-called sin stocks are tremendous in a lot of ways because people want alcohol. If you can buy into stocks like this when they are beaten down and have good balance sheets and good management, they can be worth buying.

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Alcanna (CLIQ-T)
August 12, 2013

Doesn’t know the balance sheet, income statement on this one so it is difficult to comment on. However, the so-called sin stocks are tremendous in a lot of ways because people want alcohol. If you can buy into stocks like this when they are beaten down and have good balance sheets and good management, they can be worth buying.

STRONG BUY
STRONG BUY
August 7, 2012

People don’t want to buy a stock that has gone up. If you bought it, buy more. Liquor sales never really slow down. Steady business. 8.5% in a 1% world. Still thinks it is worth it at 5.6% and it will increase.

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Alcanna (CLIQ-T)
August 7, 2012

People don’t want to buy a stock that has gone up. If you bought it, buy more. Liquor sales never really slow down. Steady business. 8.5% in a 1% world. Still thinks it is worth it at 5.6% and it will increase.

HOLD
HOLD
June 5, 2012
People bid these up to unreasonable prices budding on the dividend. This is a real risk as when interest rates go up, these will fall very rapidly.
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Alcanna (CLIQ-T)
June 5, 2012
People bid these up to unreasonable prices budding on the dividend. This is a real risk as when interest rates go up, these will fall very rapidly.
COMMENT
COMMENT
May 24, 2012
Has a decent yield, but not sure it will grow very much. Located in Western Canada and as the population grows, they should do pretty well.
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Alcanna (CLIQ-T)
May 24, 2012
Has a decent yield, but not sure it will grow very much. Located in Western Canada and as the population grows, they should do pretty well.
COMMENT
COMMENT
April 13, 2012
Very well run company. Stock has done very well lately. Dividend is close to 6%. You won't get capital gain on this but the dividend is safe. Much less volatile than the broader equity market.
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Alcanna (CLIQ-T)
April 13, 2012
Very well run company. Stock has done very well lately. Dividend is close to 6%. You won't get capital gain on this but the dividend is safe. Much less volatile than the broader equity market.
COMMENT
COMMENT
November 10, 2011
In bad times, people drink because of the bad times and in good times a drink to celebrate the good times. Has been a good steady performer for him. Long-term hold. You would be buying this one for the dividends.
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Alcanna (CLIQ-T)
November 10, 2011
In bad times, people drink because of the bad times and in good times a drink to celebrate the good times. Has been a good steady performer for him. Long-term hold. You would be buying this one for the dividends.
COMMENT
COMMENT
September 28, 2010
Eventually income trusts’ distributions are unsustainable unless they have enough tax shelter to cover income. In this case, do they have enough real estate depreciation? He feels probably not. Dividend will probably be lower than distributions in 2011-2012.
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Alcanna (CLIQ-T)
September 28, 2010
Eventually income trusts’ distributions are unsustainable unless they have enough tax shelter to cover income. In this case, do they have enough real estate depreciation? He feels probably not. Dividend will probably be lower than distributions in 2011-2012.
BUY
BUY
September 1, 2010
Have tax losses that they can use when they convert to a corporation. Likes the story. Not one that will have growth but expects distributions will stay intact.
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Alcanna (CLIQ-T)
September 1, 2010
Have tax losses that they can use when they convert to a corporation. Likes the story. Not one that will have growth but expects distributions will stay intact.
HOLD
HOLD
June 22, 2010
People spent less during the recession by buying cheaper products. We need to wait for some improvement in the economy for resumption in growth. When it converts to a corporation there may be some pressure on the current distribution.
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Alcanna (CLIQ-T)
June 22, 2010
People spent less during the recession by buying cheaper products. We need to wait for some improvement in the economy for resumption in growth. When it converts to a corporation there may be some pressure on the current distribution.
BUY
BUY
January 25, 2010
Mostly Alberta but acquired a chain of Liquor Barn stores in Kentucky. Think they will do further acquisitions. Good at the business and have $30 million more for acquisitions. Growth situation. High payout but capable of sustaining good yield after conversion.
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Alcanna (CLIQ-T)
January 25, 2010
Mostly Alberta but acquired a chain of Liquor Barn stores in Kentucky. Think they will do further acquisitions. Good at the business and have $30 million more for acquisitions. Growth situation. High payout but capable of sustaining good yield after conversion.
HOLD
HOLD
January 6, 2010
Recession proof. Very stable business. Low pay out ratio so there may not be a cut when they convert.
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Alcanna (CLIQ-T)
January 6, 2010
Recession proof. Very stable business. Low pay out ratio so there may not be a cut when they convert.
DON'T BUY
DON'T BUY
November 20, 2009
Have a more aggressive payout policy so he is a little concerned about post-2011. Also concerned about the Alberta economy, which is 70% natural gas and is still very weak. Also making acquisitions in the US.
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Alcanna (CLIQ-T)
November 20, 2009
Have a more aggressive payout policy so he is a little concerned about post-2011. Also concerned about the Alberta economy, which is 70% natural gas and is still very weak. Also making acquisitions in the US.
HOLD
HOLD
November 11, 2009
Made a US acquisition and would like to see how that works out before buying more. Long-term hold with some growth.
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Alcanna (CLIQ-T)
November 11, 2009
Made a US acquisition and would like to see how that works out before buying more. Long-term hold with some growth.
BUY
BUY
October 7, 2009
If you can buy and hold at this price and just ride out the dividends you should do fairly well. Fairly low volatility. Yield of 10.7%.
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Alcanna (CLIQ-T)
October 7, 2009
If you can buy and hold at this price and just ride out the dividends you should do fairly well. Fairly low volatility. Yield of 10.7%.
Showing 61 to 75 of 111 entries