Reitmans Ord Shs V.RET

Alternate Symbol(s): RTMNF | RTMAF | V.RET.A

Consumer Cyclical

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.

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Reitmans Ord Shs

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Comment by tompernson Apr 15, 2020 4:31pm

114 Views

Post# 30913457

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:High volume

I have a load of shares at an average of 1.25 but i'm not buying more. If these clowns won't buy at 50 cents why should I? Market says insolvency and management just sits back and does nothing to protect shareholder value.
i want to sell and be done with this incompetent management but can't bring myself to take a 60 percent haircut. And even if i decided to take the haircut, there simply isn't enough volume to even sell my shares.

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