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Bullboard - Stock Discussion Forum
Indigo Books and Music Inc
T.IDG
Alternate Symbol(s):
IDGBF
Consumer Cyclical
Specialty Retail
Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store...
in Short Hills, New Jersey. The retail network includes 87 superstores under the Indigo and Chapters names, as well as 84 small format stores under the banners Coles and Indigospirit. The Company also offers a marketplace assortment of giftable products, experiences, services, and subscriptions on www.thoughtfull.co. Its Retail operations are integrated with the Company’s digital channels, including the www.indigo.ca Website and the mobile applications, which are extensions of the physical stores and offer customers an expanded assortment of book titles.
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Bullboard (TSX:IDG)
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(6)
•••
BlueGuitar1
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Post by
BlueGuitar1
on Jun 26, 2020 10:39am
How long under $1.00 before delisting?
Is there a listing requirement to stay on the TSE? And then if it does not meet the requirement, does it go to the venture exchange or lower? Or do they do a reverse split? That might work
...more
(72)
•••
oceaneleven
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Post by
oceaneleven
on Jun 26, 2020 8:15am
Yikes!!!!
The Financial Post reports in its Friday edition that Indigo Books & Music was returning to profitability right up until COVID-19 hit. A Bloomberg dispatch to the Post reports that instead, it
...more
Viva Gold: Multiple High-Grade Gold Hits Includes 90 Meters at 2.0 gpt Gold
posted May 05, 2024 9:00am by
Viva Gold Corp.
-
|
TG2409 (21.3 meters at 5.1 gpt Au) was drilled as an approximate 40-meter offset to the west of TG2211 (57.9-meters at 5.0 gpt Au commencing at 40 meters depth). TG2408 (18.3 meters at 4.4 gpt Au). TG2407 (89.9 meters@ 2.0 gpt Au). TG2404 (36.6 Meters @ 3.3 gpt Au). “Many geologists go their whole careers without seeing drill results like these ...read more
(72)
•••
oceaneleven
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Comment by
oceaneleven
on Jun 25, 2020 5:36pm
RE:double down at 0.92
interesting....if sp gets under 95 again, I will bite the bullet here and grab a position...books will always be around fack amazon!!!!!
(129)
•••
mingzhu
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Post by
mingzhu
on Jun 25, 2020 5:06pm
by the way IDG has $120m cash on hand. share market value is
only $27m
(17)
•••
skibum45
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Comment by
skibum45
on Jun 25, 2020 5:05pm
RE:double down at 0.92
I agree... funds may be selling here, but float can't be much more than 7 million shares or so... At these volumes anon should be done soon. Anon net sell over the last month has been about 2.7
...more
(129)
•••
mingzhu
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Comment by
mingzhu
on Jun 25, 2020 4:57pm
RE:RE:over 50% book stores in canada will disappear in a few
why fair value is $3? The book value is $84m/ total 27m shares =$3.11. If CEO couple want to take it private, it has to pay at least book value. for the billionaire it is parket money
...more
(129)
•••
mingzhu
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Post by
mingzhu
on Jun 25, 2020 3:01pm
double down at 0.92
sellers will be exhausted soon.
(129)
•••
mingzhu
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Post by
mingzhu
on Jun 24, 2020 11:21pm
CEO comments on conference call
"This pandemic is to be sure a seismic, once-in-a-lifetime event. For Indigo, like so many others, the impact has been and will continue to be significant. Deemed by government to be a
...more
(28)
•••
wheeloffortune
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Post by
wheeloffortune
on Jun 24, 2020 4:58pm
Amazing. Filled two more buy orders today.
One at $1 and another at $0.95.
(6)
•••
BlueGuitar1
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Comment by
BlueGuitar1
on Jun 24, 2020 2:37pm
RE:over 50% book stores in canada will disappear in a few
Most people read on-line now. If people want a in-hands book, then there is Amazon? I think that is where people look. I cannot see $3 short-term? How do you come to that conclusion?
...more
(129)
•••
mingzhu
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Post by
mingzhu
on Jun 24, 2020 1:54pm
over 50% book stores in canada will disappear in a few
months after this pandemic. Where do book custemers turn to: Indigo, the biggest ,strongest and survivor. That is my basic reasoning. I visited INDIGO in a shopping mall today with the big
...more
(129)
•••
mingzhu
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Post by
mingzhu
on Jun 24, 2020 11:01am
stupid retail investors always sell low and buy high.
that is why they always lose money.
(6)
•••
BlueGuitar1
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Comment by
BlueGuitar1
on Jun 24, 2020 9:18am
RE:book value is falling like a rock...
That is a good pun. "Book value is falling like a rock.". Link to BNN interview: Indigo CEO interview
(28)
•••
wheeloffortune
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Comment by
wheeloffortune
on Jun 24, 2020 12:37am
RE:RE:RE:earnings is out!!!! HORRIBULUS!!!!!
The difference is Gerry Schwartz is a majority insider who has a proven track record of turning around dozens of failing companies. He has a Harvard MBA, worked at Bear Sterns a couple years and
...more
(129)
•••
mingzhu
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Post by
mingzhu
on Jun 23, 2020 11:04pm
IDG is on its way back to normal
from SEDAR file https://www.sedar.com/CheckCode.do "On May 19, 2020, where permitted by local authorities, the Company began the phased re-opening of its retail stores.The Company’s top
...more
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