Sears Canada Inc SRSCQ

Consumer Cyclical Department Stores

Sears Canada Inc. (Sears) is a Canada-based multi-channel retailer company. The Company operates through merchandising segment. Its merchandising operations include the sale of goods and services through its retail channels, which includes its full-line, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. (Corbeil) stores and its direct (catalogue/Internet) channel. Its services include home improvements, such as carpet and duct cleaning, installation and assembly of products purchased at Sears stores, custom window coverings, windows and doors, and heating and cooling; product repair services, such as servicing of items covered under Sears Protection Plan, cash calls, as well as in-warranty service for select Kenmore, Craftsman and national brand products, and protection agreements, such as single or multi-year coverage on appliances, electronics, vacuums, lawn and garden, fitness, and heating, ventilating and air conditioning, and accident protection for furniture and mattresses.

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Sears Canada Inc > closing stores is good thing

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Comment by extremeriskon Feb 25, 2016 5:48pm

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RE:RE:closing stores is good thing

Yes you are right. Keeps going down on low volumes. Lampert and berkowitz have all the shares. I have not added as feel risk of go private and will be a cheap price. Just like sirius deal that is in play now. If no go private than upside huge here. Spin off year and half ago at 9.50 which was deemed fair price. How does one get to 3.75 after little more than year. Makes no sense.

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A junior copper-gold stock trading at a bargain of monumental proportions