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Bullboard - Stock Discussion Forum 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... see more

TSXV:RET - Post Discussion

Reitmans Ord Shs > Is anybody home?
View:
Post by TheCount11 on Dec 15, 2023 10:15am

Is anybody home?

Terrible Board of Directors sleepwalking.  Imagine if there was an NCIB in place.  Company would be retiring shares right now.
Comment by savyinvestor333 on Dec 15, 2023 10:24am
Looks like today is another wealth transfer from the uneducated to the educated. Get them while you can. Your getting everything for free just paying for the cash.
Comment by TheCount11 on Dec 15, 2023 10:33am
Very true!
Comment by Lllennn on Dec 15, 2023 11:22am
Agree with Kent,  this proves non voting should be flushed and voting should get at least 4 x premium it makes no sense a D the non voting have lost a ton of value cause they can't think it looks like imo
Comment by bucheroncapital on Dec 15, 2023 10:25am
Agreed but I have open orders @ $2,97 and $2,98 and nobody to fill them so there is very limited selling right now!
Comment by TheCount11 on Dec 15, 2023 10:33am
Good point
Comment by TheCount11 on Dec 15, 2023 10:29am
Dear Dead Wood, There is $2 in cash with a stock that traded at $2.05... There is real estate and no long term debt.  This means investors place a NEGATIVE value on management and board of directors.
Comment by filoux004 on Dec 15, 2023 11:30am
Will be buying on the close...that being said this BOD needs to get their act together,  so many levers..Any thoughts why the Reitman family is not pro active. Almost feels like their preparing a mgmt buyout a so e ridiculous low ball offer. Any input is appreciated. Thanks.. will also be buying Goodfood as a pure speculation that a.major will make an offer for a 160M revenue stream , not a ...more  
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