RE:RE:RE:RE:RE:Définetly"I look at RET.A and it is trading about 2 x cash flow. What would be a reason ratio: 4-8 x cash flow?
Holding cash, you can earn 5% today in money market instruments.
If Reitmans contnue to generate its cash flow of $0.70 to $1.00 per share"
So, in the first part you say RET.A is trading at 2x cash flow. In the 2nd you state cash flow of 0.70 to 1.00
The school I went to taught that 2x 0.70 = 1.40 and 2x 1.00 = 2.00.
The share price for RET.A is 3.00
What school did you go to?