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Canadian Tire Ord Shs T.CTC

Alternate Symbol(s):  CDNAF | CDNTF | T.CTC.A

Canadian Tire Corporation, Limited is a Canada-based retail goods and services provider. It operates through three segments: Retail, Financial Services, and CT REIT. The Retail segment is conducted under a number of banners, including Canadian Tire, Canadian Tire Gas+ (Petroleum), Mark’s, PartSource, Helly Hansen, Party City in Canada, and various SportChek banners. The Financial Services segment issues Canadian Tire's Triangle brand credit cards, including Triangle Mastercard and Triangle World Elite Mastercard. Financial Services also offers Cash Advantage Mastercard and Gas Advantage Mastercard products, markets insurance products, and provides settlement services to the Company’s affiliates. The CT REIT segment is a closed-end real estate investment trust. CT REIT holds a geographically diversified portfolio of properties in Canada, mainly comprising Canadian Tire banner stores, Canadian Tire anchored retail developments, mixed-use commercial property, and industrial properties.


TSX:CTC - Post by User

Bullboard Posts
Comment by amrik23on Jan 08, 2008 10:10am
476 Views
Post# 14166755

RE: Recent downtrend..

RE: Recent downtrend..Obviously it looks negative technically, it's at a 52 week low. If anyone would like to discuss Canadian Tire offline, please let me know (phone or private email conversation). I am long but frustrated with recent downtrend. The last time we came down to the high 60's we shot back all the way up to $86. Management will bump the dividend in February and the new deal with Associates is supposed to be highly accretive going into the future. We trade at a discount to other retailers.
Bullboard Posts