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Hudson's Bay Co. T.HBC


Primary Symbol: HBAYF

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.


OTCPK:HBAYF - Post by User

Post by skyplton Mar 21, 2017 1:48pm
107 Views
Post# 26009016

Some Hard Questions to Ask Oneself

Some Hard Questions to Ask OneselfShort term this stinks.

Sharing some of my thoughts out loud.  Be wonderful to hear what others are thinking...

I don't have anything out there on margin and don't need the cash so I don't mind letting HBC sit in my portfolio.  How low will it go?  Anyone's guess at this point, I thought 11 was the new bottom.  Apparently not.  I am now seriously questioning if it is time to cut my losses.  The trouible is the real estate question.  Will the real estate aspect of this company ever come to fruition?  Again I do not know.  A troubling sign is they were not able to pull it together to swallow Macy's.  I actually am not entirely disappointed by this, other than the fact it is an indicator the real estate may not be considered as valuable as it was.

I still think the break up value of this stock to be over 15 dollars, so am holding my nose and holding onto it.
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