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Bullboard - Stock Discussion Forum
Reitmans Ltd.
V.RET
Alternate Symbol(s):
RTMNF
|
V.RET.A
|
RTMAF
Consumer Cyclical
Apparel Stores
Reitmans (Canada) Ltd is an apparel retailer based in Canada. Its main business is the sale of ladies' specialty apparel to consumers...
. The product offering comprises Tops, Bottoms, Dresses, Coats and Jackets, Blazers, Lingerie and Sleepwear, among others. It also sells accessories such as Scarves, Bags, Belts, Sunglasses and others. The company operates an e-commerce website shopping for all its banners. Some of its revenue sources are from the sale of merchandise, customer loyalty award programs and sale of gift cards.
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Bullboard (TSXV:RET)
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•••
Jon Brown
X
Post by
Jon Brown
on Jun 02, 2023 4:20pm
@ the Bell: Markets come roaring back
After a few lacklustre sessions, Canada's main stock index joined markets across the globe in a higher trading day on Friday
read article.
(369)
•••
Torontojay
X
Post by
Torontojay
on Jun 02, 2023 12:43pm
Us unemployment rate jumps
The unemployment rate jumped 30 bps reaching 3.7% in the latest household survey report. The unemployment rate never jumped this high in a single month since March 2020 which leads me to believe the
...more
(1417)
•••
filoux004
X
Post by
filoux004
on Jun 02, 2023 9:48am
Countdown to the release of Q1 June 19th
Volumes have picked up. I'm adding a few more... DD and glta. Uplisting, dividend , stock buybacks, monetizing real estate. Many levers at their disposal. I think the ecom business will show
...more
•••
Jon Brown
X
Post by
Jon Brown
on Jun 01, 2023 4:18pm
@ the Bell: Markets firm following debt ceiling deal
Equities in Canada’s largest edged up on Thursday, all over a pause in US rate hikes and the passing of a bill to suspend the debt ceiling.
read article.
(26)
•••
Tictac99
X
Post by
Tictac99
on Jun 01, 2023 3:30pm
Boeing - Bombardier - Volkswagen et Stellantis
Si les gouvernements ont donne l’Ontario 13 milliards a Volkswagen Canada et s’apprete a donner prochainement un autre gros montant d'argennt a Stellantis. Tant mieux pour les Ontariens.
...more
•••
Jon Brown
X
Post by
Jon Brown
on Jun 01, 2023 9:00am
Buzz on the Bullboards: Can health care and energy stocks help “recession proof” your portfolio?
Investors often keep focused on the most consistent plays, when times of renewed uncertainty rears its head in the markets.
read article.
(18)
•••
RedeyeGarf2
X
Comment by
RedeyeGarf2
on May 31, 2023 9:20pm
RE:Random number generator came up with 3.1%
But higher interest rates may also discourage discretionary purchases like clothes.
(101)
•••
TheCount11
X
Comment by
TheCount11
on May 31, 2023 12:58pm
RE:RE:Random number generator came up with 3.1%
Reitmans has been my best stock to resize position based on retail investor expectations. Lots of alpha!
(369)
•••
Torontojay
X
Comment by
Torontojay
on May 31, 2023 11:50am
RE:Random number generator came up with 3.1%
I agree wholeheartedly. Reitmans is in a great position with no debt and huge cash pile. It is much less risky going into a potential recession then some of the expensive names out there. Now
...more
(101)
•••
TheCount11
X
Post by
TheCount11
on May 31, 2023 10:31am
Random number generator came up with 3.1%
https://www.bnnbloomberg.ca/bank-of-canada-more-likely-to-raise-rates-after-hotter-than-expected-gdp-report-economists-1.1927026 Hahaha turns out experts have no clue whats going on. Interest
...more
(369)
•••
Torontojay
X
Post by
Torontojay
on May 30, 2023 7:58am
Credit card debt surpasses excess savings
There is a nice chart that plots excess savings with credit card debt in the link below. https://www.investopedia.com/credit-card-debt-surpassed-excess-savings-7480012 Households are
...more
(369)
•••
Torontojay
X
Comment by
Torontojay
on May 29, 2023 7:58am
RE:Surely you jest …
negative amortization: I'll explain briefly. You have a fixed payment variable mortgage. Interest rates have risen so high to the point that your "fixed" payments do not
...more
(1309)
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nozzpack
X
Post by
nozzpack
on May 28, 2023 11:23am
Surely you jest …
....about Mortgage payments increasing your principal.. How does paying down a mortgage work? The amount you borrow with your mortgage is known as the principal. Each month, part of
...more
(369)
•••
Torontojay
X
Comment by
Torontojay
on May 28, 2023 7:20am
RE:RE:RE:RE:Royal Lepage Says Canadian Housing Market “Hot”
Ltv refers to "loan to value"; for instance, your mortgage is $800k and your home is worth $1m. Your "loan" is $800k and your "value" is $1m or 80%. Btw
...more
(1417)
•••
filoux004
X
Comment by
filoux004
on May 28, 2023 5:48am
RE:RE:RE:RE:Royal Lepage Says Canadian Housing Market “Hot”
I have no idea where or what this 67% DECLINE means. Care to expand. Thanks
(1309)
•••
nozzpack
X
Comment by
nozzpack
on May 28, 2023 4:22am
RE:RE:RE:Royal Lepage Says Canadian Housing Market “Hot”
You seem blissfully unaware that the LTV of Canadian residential housing market has declined by a whopping 67% over the last 15 years and now stands below 60%. Canadians have substantial equity in
...more
(1417)
•••
filoux004
X
Comment by
filoux004
on May 27, 2023 7:29pm
RE:RE:Royal Lepage Says Canadian Housing Market “Hot”
With the greatest respect , have you ever heard a real estate broker not put an upbeat spin to the real estate mkt. You may want to read article in BNN Bloomberg, Canadian households have the debt
...more
(369)
•••
Torontojay
X
Comment by
Torontojay
on May 26, 2023 1:28pm
RE:Royal Lepage Says Canadian Housing Market “Hot”
Economists prefer to use the word inflation when describing a "hot" market. Tiff Macklem better be sure that a policy rate of 4.5% is restrictive or else Canada's housing market
...more
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