Bullboard - Stock Discussion Forum Indigo Books & Music Inc T.IDG

Consumer Cyclical Specialty Retail

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store... see more

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Post by mingzhuon Jun 23, 2020 11:04pm

IDG is on its way back to normal

from SEDAR file https://www.sedar.com/CheckCode.do "On May 19, 2020, where permitted by local authorities, the Company began the phased re-opening of its retail stores.The Company’s top ...more

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Comment by wheeloffortuneon Jun 23, 2020 7:41pm

RE:earnings is out!!!! HORRIBULUS!!!!!

I bought more today at $1.05. Never blow your whole load at one price. Just slowly buy as the price falls. You'll be rewarded at the end. Insiders own over 3/4 of the stock ...more

Discussion

Comment by wheeloffortuneon Jun 22, 2020 7:19pm

RE:RE:RE:RE:RE:RE:CEO and her husband own 75.6% of Indigo

I was thinking around the same pre-covid price too.

Discussion

Post by mingzhuon Jun 22, 2020 4:27pm

Toronto had only 37 covid cases, new york had 10 yesterday

That is lowest in a long time. Indigo is ready to go.

Comment by mingzhuon Jun 22, 2020 4:21pm

RE:RE:RE:RE:RE:CEO and her husband own 75.6% of Indigo

my estimated takeover price : $3

Discussion

Comment by mingzhuon Jun 22, 2020 4:19pm

RE:INDIGO reopens in Toronto on Jun 24 and entire Ontario

as well store in New Jersey

Discussion

Post by mingzhuon Jun 22, 2020 4:18pm

INDIGO reopens in Toronto on Jun 24 and entire Ontario

https://www.bnnbloomberg.ca/toronto-gets-go-ahead-to-begin-stage-2-reopening-on-june-24-1.1454353

Discussion

Comment by BlueGuitar1on Jun 22, 2020 2:25pm

RE:RE:RE:RE:RE:CEO and her husband own 75.6% of Indigo

I imagine that this and Westjet are suffering seismically too. I think I will spend my giftcards before I lose it all. IMHO, The business model does not work in this environment. ...more

Discussion

Comment by wheeloffortuneon Jun 22, 2020 12:41pm

RE:RE:RE:RE:CEO and her husband own 75.6% of Indigo

Yes, there's a premium, but the holdout price has to be based on an appraisal of what it's worth. That 30% can't just say we're holding out for $10 a share if there's no ...more

Discussion

Comment by mingzhuon Jun 21, 2020 12:41pm

RE:RE:RE:CEO and her husband own 75.6% of Indigo

even they control 75.6 shares, they cannot take it private without at least 30% of 24.6 retail investors aggreeing to it, like you and me, according to regulation. So the takeover price must have some ...more

Discussion

Comment by wheeloffortuneon Jun 20, 2020 1:45pm

RE:RE:CEO and her husband own 75.6% of Indigo

Being the power couple own 75.6%, it'll probably go private, which is something Schwartz usually does--he did it last year with Westjet. What he'll pay minority holders is another ...more

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Comment by BlueGuitar1on Jun 19, 2020 7:03pm

RE:CEO and her husband own 75.6% of Indigo

I didn't know that about share ownership. No wonder she said "depths of losses to be seismic" and no wonder it is so painful. This is a pennystock. I wonder if the ...more

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Comment by eaglemanon Jun 16, 2020 4:33pm

RE:interesting trade, basically one seller(001), one buyer(7)

Seems, Annon providing the supply and TD providing the demand. I'm not a special person so I can't see your nicely laid out table post, past ~1 second. Anyway, what might be more useful ...more

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