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Reitmans Ord Shs V.RET.A


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

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

Comment by Lllennnon Dec 02, 2023 12:12am
132 Views
Post# 35764819

RE:Fund purchases

RE:Fund purchasesThe $3 buy back was a get out before sinking for FFF who had basically bought in at that price or break even for FFF to get out imo. And FFF only jumped on board to hold RET hands as it was going down the slope. I don't see how hanging around at this valuation makes any sense. The decay with just inflation this is really trading at a $1 imo.. I was in a company a few years ago ATP and for years no one in the company knew how to make money with the company, even the large shareholders wanted to mine for crypto currency with the electricity the company produced, it was just crazy. I don't know what has happened to RET with all its history of making cash and value it just lengers around like someone with a hangover, and I don't think they should be asked to think outside the box or stick neck out, maybe it's like 80 yr old granny with a hangover, my return on capital is miles ahead of Reitmans, and with what they have available just crazy imo
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