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

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TSXV:RET - Post Discussion

Reitmans Ord Shs > Catalysts

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Post by TheCount11 on Jun 20, 2023 12:13pm

Catalysts

The 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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