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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.


GREY:SRSCQ - Post by User

Sears Canada Inc > 2.44 now
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Comment by extremeriskon Nov 19, 2016 7:26pm
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Post# 25485664

RE:2.44 now

RE:2.44 nowStock price way too low. Added more on Friday. Not many shares trade so need to be careful on bid. They seem to be advertising more on radio and TV compared to last year. Also with new cash from real estate sales they are guiding to 400 million cash by year end or 4 a share. Hard pressed to find stock trading for under its cash value. Also noticed in berkowitz last report he added another 300000 shares so he is still buying. Chance for significant pop on sears canada as beaten down a lot. New website is up and looks good as they push on line sales. At $2 you have mar'ket cap of about 200 million with about 2.8 billion revenue so trading around 7 cents on dollar a revenue. With no debt sears Canada is a strong buy here even if no analysts follow it
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