Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > L2
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(196)
•••
Comment by savyinvestor333on Dec 17, 2022 4:23pm
106 Views
Post# 35177882

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:L2

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:L2
RedeyeGarf2 wrote: I have to agree with babedlinkleman. Mark's workwear and Sportscheck fits within Canandian Tire customers as they were already selling outdoors/and athletic equipment. Reitmans does not fit with their customers. 

Reitmans has a book value of $5.00 right now. If they continue to produce retained earnigns of $1.00 per year, in FYE 2020, the book value will be $6.00 and $7.00 and so on.

I remember reading a book where value investors love P/E 8-12x earnings.

Because Reitmans sells to an older demographics, like oil stocks today trading at 8x earnings vs 20x earnings in the past, it is worth 5-6x earnings.

This should be a $5.00 + book value for the property of $3.00 = $8.00 a share +/- 20%

And  if we use that train of thought,  what does Party City have to do with Auto parts? I would think there are more synergies with Reitman's than Party City. They could leaverage each others overseas shipping, purchasing and supply channels for a start.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities