Reitmans Ord Shs V.RET.A

The Siege may soon be lifted

[nozzpack]

Usually, in late April they announce their new options and their pricing.

Maybe , based on history, within the next week..

[Torontojay]

One tranche of options has already vested.  I believe options were granted April 24 or 26 last year. 

[CarefulSpec]

I don't understand this comment. You think managements annual handout to themselves is going to be a positive catalyst?

[Lllennn]

Maybe if the street and company can't get together then maybe Reitmans should hold a minority position in the voting share and let someone else run it but still have a say 49% for a time,  it's just to much value to allow to linger around, and it's not about uplisting or dividends, it's worth what it's worth and single digit is not it imo

[nozzpack]

Their options are only RET,a shares ,..,

[Lllennn]

Both have to be treated equally imo

[filoux004]

No , 2M50k options were granted last year to only single voting ie ret.a at 1.50$ from the press release. Long adding slowly. DD and glta 

[Torontojay]

The historical book value cost for these options were approximately 60 cents for just over $2m options issued on grant date. Over the life of the options, the total expense to the company would be approximately $1.2m. 

[nozzpack]

I started adding more yesterday as the siege seems to be ending ..

[Torontojay]

Smart move to be adding. 

[pennylane101]

If the first quarter report is as expected, not so great, why would you be adding now?  It could go lower. A very real possibility.  I'm staying on the sidelines.

[Lllennn]

The SH price today does not match the financial #'s, this could spike higher without warning, it's running along here range bound since earnings, but not one person within this company would sell the company at this price. hold or add to holdings, so your selling at 137m with 103-106 mil in cash? Plus real estate value? Plus business and brands? Does your sideline come with netting?  

[pennylane101]

I still hold a significant position in this company.  I sold 40,000 shares just under $6 and in retrospect it was a good move. Everyone was saying it was going to $10.  So, I have some money on the sidelines and I'm just waiting for the other shoe to drop.  I don't necessarily have to go back to Reitmans with this cash.  I find with investing, timing is an important

[Lllennn]

Good move, yes I find it hard to believe someone got right out, only if they had to get out for some other position they had. Imo

[pennylane101]

I don't always get it right.  Pure luck. The market looks iffy right now with the imminent collapse of FRC.  And whose fault is it?  The Fed.  When inflation started bubbling up, they said "Oh, this is transitory" and "A supply chain issue that will resolve itself."  Interest rates were close to zero and within a year they increased to 5%

[Torontojay]

The markets will correct significantly when unemployment increases at least 100 bps from current levels. I'm sure plenty of stocks will be on sale. That's when I'll be buying stocks again.  Reitmans will go much higher when the dust settles. 

[Lllennn]

FRC, Regionals have not recovered from 2007, it's a can from not allowing Banks to BK and the Fed cherry picked, the only one that was really good for bottom fishing was Bank of Alantic this was around the time the well head was spewing oil in GOM and the bank ownership had issues the.was sold, that was the only one I know, I was in citi, BAC years ago, you can't bottom fish FRC because it

[nozzpack]

Spot on. ATZ reports tommorow . That should give us a good read on Q1

[nozzpack]

ATZ was outright bullish about its business prospects..... "contributed to our better-than-anticipated results, fuelled by a tremendous client response to our collection of beautiful products and our everyday luxury experience," said Jennifer Wong, chief executive officer. "Revenue in the United States grew 58 per cent, driven by our growing brand awareness and exceptional