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Reitmans Ord Shs V.RET

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

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

Comment by Lllennnon Jul 30, 2024 11:09pm
50 Views
Post# 36155566

RE:RE:RE:Question

RE:RE:RE:Question I'm not as enthusiastic about Penn as you are even grocer's are concerned about ozembic and others like it, and it's covered by medical I know a few who are so grateful for it. Now you have to go back to money is liquid m, so if money going to ozembic and others, then it needs to come out of grocer's and even Reitmans, I think it a bigger problem for REIT than what people allowing , that's why I would remove the 32 million capex. The capex number is used as absorber for Cash inflows and cash out flows, so if high cash out flows they can use capex as a reason out flows are high. No one out side can quantify what a refurbishment is in terms of $ amounts, the capex is just an excuse tool imo and they hope investors won't be concerned with cash outflows, because they would say o that's a good investment for management to buy cash towards as it will return in future. IMO they don't have the inflow to buy back not a real buy back which is 3.5 mil at $2.30 minimum 8 million no chance,  it sure make announcement but going nowhere maybe they buy few thousand. Every announcement they have made in last 2 years results in lower share price. I think September report will be a Sargent Slaughter report for Share price. IMO not fact all above imo.
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