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Bullboard - Stock Discussion Forum
Reitmans Ord Shs
V.RET.A
Primary Symbol:
V.RET
Alternate Symbol(s):
RTMNF
|
RTMAF
Consumer Cyclical
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...
specialty fashion destination. Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-sized fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada. RW&CO. operates stores in shopping malls, as well as on their e-commerce site. RW&CO. specializes in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. The Company operates 406 stores consisting of 235 Reitmans, 91 Penningtons and 80 RW&CO.
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Bullboard (TSXV:RET)
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(13)
•••
Lllennn
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Comment by
Lllennn
on Dec 14, 2023 4:52pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:Crashing badly
Probably non voting be $2 to try and get someone like Cantire to buy at $3 and buyer would get be able to squeeze wealth out of real estate like Hudson Bay did with 5th avenue. Apparel IPO's are
...more
(61)
•••
Trooper01
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Post by
Trooper01
on Dec 14, 2023 4:47pm
Going sub 2$
Bad results, 2024 aint gonna be pretty either
(13)
•••
Lllennn
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Comment by
Lllennn
on Dec 14, 2023 4:13pm
RE:RE:RE:RE:RE:RE:RE:RE:Crashing badly
Yes, at least they made a profit, no buy back or div going to float the $3 long term imo
(0)
•••
PressRelease
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Post by
PressRelease
on Dec 14, 2023 4:05pm
New Press Release - Reitmans (Canada) Limited announces its results for the 13 and 39 weeks ended October 28, 2023
MONTREAL, Dec. 14, 2023 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET-A), Canada's leading specialty apparel retailer, announces its results for the third quarter of fiscal 2024. Unless otherwise indicated, all comparisons of results for the 13 weeks ended...
read article.
(200)
•••
savyinvestor333
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Comment by
savyinvestor333
on Dec 14, 2023 3:02pm
RE:RE:RE:RE:RE:RE:RE:Crashing badly
No I am not talking about either. How about CIBC up 14% in the last month Wells Fargo up 10% in the last week Manulife up 10% in the last month. Don't get me started on the U.S. based
...more
(521)
•••
Torontojay
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Comment by
Torontojay
on Dec 14, 2023 2:42pm
RE:RE:RE:RE:RE:RE:Crashing badly
You mean the magnificent 7 or Reitman's?
(200)
•••
savyinvestor333
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Comment by
savyinvestor333
on Dec 14, 2023 2:19pm
RE:RE:RE:RE:RE:Crashing badly
"Rate cuts does not imply a stock market rally" Sure seems to me that is exactly what is happening right now.
(521)
•••
Torontojay
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Comment by
Torontojay
on Dec 14, 2023 2:12pm
RE:RE:RE:RE:Crashing badly
Rate cuts does not imply a stock market rally. It's actually quite the opposite. Canada is doing poorly compared to the US and I expect this to be true heading into 2024. The $US will
...more
(200)
•••
savyinvestor333
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Comment by
savyinvestor333
on Dec 14, 2023 2:00pm
RE:RE:RE:Crashing badly
What? Can dollar has strengthened over the last month buy about 4% Is has been strong this week as the yields have come dowm. # raye cuts next year so i think the strength will continue.Why so much
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(521)
•••
Torontojay
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Comment by
Torontojay
on Dec 14, 2023 1:40pm
RE:RE:Crashing badly
Things could get ugly if the Canadian dollar tanks next year as some people believe.
(13)
•••
Lllennn
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Comment by
Lllennn
on Dec 14, 2023 12:35pm
RE:Crashing badly
1060000 available now, very little on buy side, you were so so wrong imo
(13)
•••
Lllennn
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Post by
Lllennn
on Dec 14, 2023 12:15pm
Crashing badly
960000 available @ 1.99, it's really really end of line can sell to FFF now for $2, and these people know imo
(13)
•••
Lllennn
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Post by
Lllennn
on Dec 14, 2023 11:00am
It’s Tanking
3.06 - 2.66 and most believe it will be bad, FFF won't buy back so no driver now and waiting 10yrs for a guy like CEO at 73 to wait decades is just crazy thoughts imo. Maybe the Chinese Mall lady
...more
(119)
•••
TheCount11
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Comment by
TheCount11
on Dec 14, 2023 10:10am
RE:RE:RE:Management
"A big driver of higher costs in retail is a weaker cad because apparel is purchased in USD, but the pricing dynamics in Canada are independant of foreign exchange" How much weaker was CAD
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