Bullboard - Stock Discussion Forum Reitmans Ord Shs V.RET.A

Primary Symbol: V.RET Alternate Symbol(s): RTMNF | RTMAF

Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a... see more

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Bullboard (TSXV:RET)

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Comment by Northforce13on Dec 15, 2023 10:08pm

RE:Remains Dirt Cheap

I think the big concern is RET becomes the same value trap it was for years and years and years. It used to have a great balance sheet, but was never very profitable, which was the ...more

115

Discussion

Post by robocop123on Dec 15, 2023 8:01pm

What would happen if shares got consolidated?

Any thoughts on what happens if we consolidate to a single share class? Would voting or non-voting shares likely outperform? My initial take was that non-voting would outperform, as they receive ...more

203

Discussion

Post by robocop123on Dec 15, 2023 7:58pm

Remains Dirt Cheap

What are people so worried about? YTD CFO before WC adjustments is ~$57m, lease payments and CapEx total ~$37m. YTD normalized FCF AFTER leases is ~$20m. 4Q could be a cash burning quarter due to ...more

233

Discussion

Comment by Lllennnon Dec 15, 2023 2:33pm

RE:RE:RE:RE:RE:Projected EPS for 2023/24 fiscal year should be 22 million

I've been saying for a long time for people to buy the voting shares, the spread is almost $1, there is a difference when you have a vote , but I would wait for the non vote to trade at $2 and ...more

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Discussion

Comment by TheCount11on Dec 15, 2023 1:37pm

RE:RE:RE:RE:Projected EPS for 2023/24 fiscal year should be 22 million

Just to clarify for investors. IFRS states that inventory is measured as the lesser of cost or net realizable value every time Financial Statements are prepared. See FS Note 5. IMO ...more

Discussion

Post by TheCount11on Dec 15, 2023 12:27pm

My perspective on business

We live in a nominal world and the marginal Canadian has been spending more money on Non Discretionary like food. Lower Middle Class incomes are still rising. Gross profit / margins ...more

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Comment by Lllennnon Dec 15, 2023 12:20pm

RE:RE:RE:RE:Projected EPS for 2023/24 fiscal year should be 22 million

Anywhere around $2 for non is a great entrance point and bad stopped with the cash on hand imo

Discussion

Comment by Torontojayon Dec 15, 2023 11:55am

RE:RE:RE:RE:Projected EPS for 2023/24 fiscal year should be 22 million

Yup, earnings are often negative in Q4.

Discussion

Comment by Northforce13on Dec 15, 2023 11:47am

RE:RE:RE:Projected EPS for 2023/24 fiscal year should be 22 million

"Only other note, the COG and Operating expense was higher than normal given the revenue. Earnings will be closer to 1-3 M is my guess. " No and no, the COG Opex for Q4 are always higher ...more

Discussion

Comment by filoux004on Dec 15, 2023 11:30am

RE:RE:Is anybody home?

Will be buying on the close...that being said this BOD needs to get their act together, so many levers..Any thoughts why the Reitman family is not pro active. Almost feels like their preparing a ...more

Discussion

Post by Torontojayon Dec 15, 2023 11:29am

All gains for the year wiped out

Since Canada is in a recession, and shtf when they lower interest rates, times could get a lot worse as we head into 2024. On a positive note, we are getting closer to a bottom in share price ...more

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Comment by Lllennnon Dec 15, 2023 11:22am

RE:RE:RE:Is anybody home?

Agree with Kent, this proves non voting should be flushed and voting should get at least 4 x premium it makes no sense a D the non voting have lost a ton of value cause they can't think it ...more

Discussion