NExt Qs results for Rona Thanks for the analysis, but be prepared for fairly poor numbers in 2 weeks, in part because slowing housing starts in Canada. Recent initiatives by the federal government to cool the housing market seem to be working, to the determent of Rona.
There seems to be something very wrong at Rona - their blatant disregard for shareholders permeates the company. Although RONA has stores across Canada, it's Quebec centric management is defective.
The pursuit of frivolity and latest business soup-de-jour has injured it's bottm line.
I hope I am wrong, but unless the Canadian and American economies pick up soon, I predict RONA will be selling for $5/share in the not to distant future.