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Indigo Books and Music Inc T.IDG

Alternate Symbol(s):  IDGBF

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.


TSX:IDG - Post by User

Comment by mingzhuon Jun 25, 2020 4:57pm
86 Views
Post# 31192485

RE:RE:over 50% book stores in canada will disappear in a few

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. they hold 76.5%, about 6m shares are  in the market, they pay $18m to take it over. Remember: the revenue was $950m last year. if they turn it around, making 2% earnng, it is $18m and get the money back.; , 6% earning, they triple theur investment. 

BlueGuitar1 wrote: 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?  It is going lower, my friend.  


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