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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 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.


TSXV:RET - Post by User

Post by TheCount11on Jun 20, 2023 12:13pm
282 Views
Post# 35505411

Catalysts

CatalystsThe stock price will be explosive at one point when following catalysts come into play

1) New CEO modernizes company. 
EG no hard tag RFID changes most things from how inventory is being done to how people pay for clothes.

2) Uplist to TSX
Many funds can't buy shares of non TSX stock

3) Buyback
Decreases shares.  Increases EPS.  Induced fund demand.

4) Added to index
Forced buying

Stock prices can go from very undervalued to overvalued if Catalysts 2,3 and 4 are close together as momentum buying kicks in.

Note:  This assumes new CEO figures out Q4 productivity  




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