Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard (TSXV:RET)

View:
Comment by HarryBarryon Sep 18, 2023 3:38pm

RE:Cash on hand

Fair point, Northforce - the cash figure can't be viewed in isolation. I recalled seeing something about Reitman's resilience in previous downturns - this is extracted from January's ...more  
Comment by flamingogoldon Sep 18, 2023 2:56pm

RE:RE:RE:On it's way to test $2.25

If the response is meant for me, not sure what you mean. Given the latest results, I think the stock could certainly retest $2.25, Add in shorts, fear, and momentum it could overshoot and go lower. It ...more  
Post by Northforce13on Sep 18, 2023 2:20pm

Cash on hand

The problem to some extent with the cash on hand argument is that they have a lot of accounts payable without an offsetting accounts receivable.  The offset to some extent is inventory, but the ...more  
Comment by Northforce13on Sep 18, 2023 1:53pm

RE:RE:On it's way to test $2.25

Not correct, no, 2.25 is not below 2.00; 2.25 > 2.00
Comment by RedeyeGarf2on Sep 18, 2023 12:30pm

RE:RE:On it's way to test $2.25

Cash is about $2/share, property value is about $2-3/share
Comment by flamingogoldon Sep 18, 2023 11:25am

RE:RE:On it's way to test $2.25

Markets are notorious for being irrational at times. In this rate tightening cycle I've seen many equities touch levels that don't make sense.
Comment by HarryBarryon Sep 18, 2023 11:14am

RE:On it's way to test $2.25

Which would bring it below Cash in Bank Value of approx $2/share - am I correct? Harry
Comment by Northforce13on Sep 18, 2023 11:11am

RE:RE:RE:I'm Out...

GICs probably a good move, so many indicators look horrible and the int hikes still haven't fully hit the economy.   Plus GIC yields, unlike in years prior, are now quite attractive for ...more  
Post by flamingogoldon Sep 18, 2023 10:57am

On it's way to test $2.25

and maybe the $1.90's just on fear alone from the $3 wall coming down. Shorts may help push it down as it hits their radar.
Comment by nedstar71on Sep 17, 2023 1:21pm

RE:RE:RE:I'm Out...

Hopefully it was in a TFSA or the like and you don't have to pay the greedy taxman his $200k ;-) Either way more than worth it.
Comment by Torontojayon Sep 17, 2023 10:04am

RE:RE:RE:I'm Out...

I don't fault you for doing what you had to do.  Good luck and keep a close eye on Reitmans as you wait patiently. 
Comment by pennylane101on Sep 17, 2023 9:02am

RE:RE:I'm Out...

Torontojay, I completely agree.  However, I've learned that investors can be irrational when fear sets in and the share price can take a nosedive. At this point I feel more comfortable ...more  
Comment by pennylane101on Sep 17, 2023 8:50am

RE:RE:I'm Out...

Thank-you Nedstar.  It has been an emotional journey for me.    You may be wondering what I did with over a million dollars.  Well, I bought longterm Provincials , Munis and ...more  
Comment by Torontojayon Sep 17, 2023 6:21am

RE:I'm Out...

Hey pennylane, this is what happens in a cyclical economy where the central banks control the narrative. It shouldn't have come as a surprise that people are not spending as much as they used to ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities