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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 Nov 17, 2024 4:09pm
38 Views
Post# 36317292

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:On another note

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:On another noteI think you ate the verbage and not the financials that was presented. In regards to Royal I'm just stating the situation which is I don't think they can can in there imo, The reason they can't would be they would need to pay at least 10 yrs in advance just because Ret is to risky as a long term investment imo. I don't think it's investable and that's why they won't let them on the big board imo no real house would invest in Ret imo How could they? It's just gambling imo and that's not a investment. Everything they start is just verbage, buyback, big board listing try, 14mil trac system (what for) 34mil capex (for what? Window dressing) management wage at 300% market, option dilution (for what? Performance), 4 million shares added approximately since proceedings, dilution. Foot print reduction, Ad expense up to try catch lagment since end June cause the missed targets imo. Inflation on replacement purchase year end, CDN weakness and fallen into year end. Interest on any cash decreases, also they have cash held by major bnk so 1.5% service fee. Ozempic liquidity to manufacture, Real estate re appraisal lower as revamp or demo required with any sale. Branding pair down as some brands discontinued and probably more to come if ads are a signal. Indigo left for others to run and ended up with coat hangers left, ( that from owner no me). Very difficult to increase foot print as other malls same as Royal would need 10 years payment up front re pre paid. Most likely a continuation of share issues with another 4 million on same time period as these last 4 million and don't forget they bought 15 million shares at $3 and now they sell from options at 2.65 so not get back what they paid pre proceedings re FFF buyout/ payout. IMO not fact imo, and not like to match any financial metrics this coming Q other than verbage, and PR unit announcement blow out hidden or MIA. All in my opinion this is not fact but best you wake up imo and on IPO that's how far Ret is under performance yet options? As I've said before, I've worked directly with billionaires and you can't argue fair market price with them only they can tell what fair market salary imo many more issues but this enough for now until we see a move imo
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