Post by
savyinvestor333 on Feb 15, 2024 8:30am
Donville Kent Jan Newsletter Link Below
No mention of Reitmans in the latest newsletter. It wouldn't surprise me if they are selling or out already. It doesn't hurt my feelings at all if they are. In my opinion they have caused the difference in price between the 2 classes of shares with the idea of giving a Huge Premium to the voting shareholders. If this idea fades so will the price differential.
https://donvillekent.com/wp-content/uploads/2024/01/DKAM-ROE-Reporter-January-2024.pdf
Comment by
Torontojay on Feb 15, 2024 9:57am
It's possible but keep in mind they are passive investors. They like to hold stocks for long periods of time unless they believe their original thesis will not play out. Im a critical thinker so I don't need Jason Donville to tell me if a stock is good or not.
Comment by
Lllennn on Feb 15, 2024 12:17pm
Critical Thinker... Toronto haha. The problem is they have gone thru proceedings and then paid bounus/ dividends to insiders who hold shares. Critical who do you think got most of the bounus? IMO
Comment by
Torontojay on Feb 15, 2024 12:26pm
I'll repeat what I said. I do not buy or sell stocks based on what some financial guru shares in his newsletter to investors. I've followed Jason Donville over the years and I can assure you that he's made some terrible calls too.
Comment by
TheCount11 on Feb 16, 2024 12:42pm
Wrong Lynn. I highly encourage you to read Finance for Dummies.
Comment by
savyinvestor333 on Feb 15, 2024 12:26pm
I'm more than a critical thinker I actually Invest. I just wish they were out. They caused the volatility but not really complaining as I sold on the way up and buying back at a low. Keep thinking and I'll keep making money. It works for me.
Comment by
Torontojay on Feb 15, 2024 12:35pm
You are making false accusations that they sold their position which caused a divergence between the two classes of shares. That is a bold statement and without supporting facts is an outright rumour. Oh ok, so now you sold on the way up and timed it perfectly and purchased at the absolute bottom. Great job Savy, now I know why they call you Savyinvestor.
Comment by
Lllennn on Feb 15, 2024 12:53pm
Critical you should get together iwith CEO and discuss various opinions and which ones matters, you will find that is exclusive, which makes your opinion worthless, and the company wrote it in the Q report, real opinions that matter that's not you critical IMO haha
Comment by
Lllennn on Feb 15, 2024 12:56pm
O, I'm at sea and my opinion matters or possibly end up on bottom imo
Comment by
savyinvestor333 on Feb 16, 2024 1:11pm
I have been told that they still have a position according to this message on CEO.CA Watch the video link in the pdf to the Donville Kent new year's call and go to 43:55 and 50:35 for comments on Reitmans. They still have their position and have been engaging with management.
Comment by
nedstar71 on Feb 16, 2024 2:16pm
Odd it would be completely absent from that table in the report then. Though if they had sold you'd think it would garner at least a mention. Volume has really dropped off here. The non voting shares have become almost as illiquid as the voting shares.
Comment by
Lllennn on Feb 20, 2024 2:03pm
Haha Count in Cave, finance haha, your here, you did Dolly DD lol imo
Comment by
Lllennn on Feb 20, 2024 2:07pm
I know let's take the easy cash, sail pass the Houthis lol imo