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 > Pricing in

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Comment by Mephistopheles3on Apr 26, 2022 12:51pm

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Post# 34632604

RE:RE:RE:RE:Pricing in

Right. The liquidation value in the bankruptcy report provided me with a lot of comfort about opening a position here as it provides a floor in my head for the price.

Just the irrationality of the market is hard to predict - we might have to sit and wait for another 3 months for another reporting period before the price jumps... or not. Maybe it'll be next week. Either way, I feel good about the fundamentals and will just enjoy the ride and buy more whenever it dips to 1.40

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