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Sears Canada Inc SRSCQ

Consumer Cyclical Department Stores
Sears Canada Inc. is a Canada-based independent Canadian digital and store-based retailer and technology company.


GREY:SRSCQ - Post by User

Sears Canada Inc > wow, sears is circling the drain
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Comment by extremeriskon Mar 22, 2016 9:35pm
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Post# 24690672

RE:RE:RE:RE:wow, sears is circling the drain

RE:RE:RE:RE:wow, sears is circling the drainBuying today. Anything under 5.24 cash is a buy. With current cuts bringing staff down to 15000 puts them into positive ebitda. Strengthening cdn dollar helps margins. If project potential 32 percent margins on 3.2 billion for year produces over 1 billion margin. Online inative and goeasy announcement and no Target positions them well for long awaited rebound. I plan to keep buying under cash value as reaching ebitda is function of cutting staff.
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