Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Hudson's Bay Co. HBAYF

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.


OTCPK:HBAYF - Post by User

Comment by Nossy45on Jan 10, 2017 2:14pm
138 Views
Post# 25689861

RE:RE:RE:Some serious....

RE:RE:RE:Some serious....
That's because HBC has some really prime locations, and excellent real estate versus some of the other retail chains. I agree that the $25 may be overdone, but perhaps $12 - 15 isn't outlandish. Analyst had placed a value of $8 - 12 on the retail component, and $12 - 15 for the real estate ventures but because they have indicated that they are not interested in spinning the real estate for the next few months the market discounted the real estate component and is now valuing it based on the retail results ... and this is the result ^_^
<< Previous
Bullboard Posts
Next >>