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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

Post by mingzhuon Jan 11, 2017 1:03pm
183 Views
Post# 25694683

HBC's one property alone is worth $12 per share

HBC's one property alone is worth $12 per shareaccording to TD. If you are patient enough, you may get you money back.

'Over the next 18 months, we believe that the company may still be positioned to proceed with IPOs of its JV assets; however, it is unlikely over this time frame to surface the value of its Flagship Saks asset based on our revised financial forecasts. We had valued the Saks Flagship at approximately $12.00 per share.'
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