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.

TSXV:RET - Post by User

Reitmans Ord Shs > Can we fire this dogsht management or what

<< Previous

Bullboard Posts

Next >>

Comment by tompernson Jun 29, 2022 3:50pm

112 Views

Post# 34791589

RE:RE:Can we fire this dogsht management or what

It's almost like they just don't care. Steven owns half the voting shares. If insiders bought a measly 100,000 shares COMBINED at market, share price might triple with this low flot and low volume. I wonder how Steven would feel if I offered him $50M to scoop up the whole company (including the $100M of real estate with no debt on it). He would laugh me out of the room of course, but I'm not laughing that he is ok with his company trading at less than 25 percent of book value. Very sad

<< Previous

Bullboard Posts

Next >>

Shopify stock hits year-high on Q3 results