OTCPK:HBAYF - Post by User
Post by
Nossy45on Jan 12, 2017 1:19am
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Post# 25697798
$1.50 - $4.50 will not happen. HERE ARE THE FACTS
$1.50 - $4.50 will not happen. HERE ARE THE FACTS Here are the reasons for the fall.
- Analyst appraise REIT spin off at $12 - 15 per share.
- Analyst appriase Retail component at $8 - 13 per share.
- Poor Retail environment means delay on REIT spin off (no longer included in valuation)
- Since buying Kaufkof in 2015, expansion into Europe underway (140+ stores ready to go in 2018 - 2020)
- HBC Europe, and SAKS brands will be introduced to Euro market in 2017 - 2020
- Euro expansion has cost money (250 million per year), this is weighing on earnings
- EURO weakness is eroding results out of Europe
ADDITIONAL FACTUAL INFORMATION - SOME SAKS STORES IN PRIME LOCATIONS ARE BEING RENOVATED IN ORDER TO TACKLE THE COMPEITITON
- THIS MAY HAVE NEGATIVELY IMPACTED EARNINGS
- NEW FAST ROBOTIC DISTRIBUTION CENTERS NOW ONLINE IN CANADA AND IN 2017 IN THE USA WILL IMPROVE AND HASTEN ONLINE SALES
- ONLINE SALES ARE UP DOUBLE DIGITS
- NEW BRAND HBC EUROPE TO OPEN IN 2017 (I THINK THIS WILL BE VERY SUCCESSFUL)
- US DOLLAR STRENGTH WILL BOOST EURO SALES