Reitmans Ord Shs V.RET

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

Consumer Cyclical Apparel Stores

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 > Why ?

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Comment by Lllennnon Nov 18, 2024 3:08pm

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RE:RE:RE:RE:Why ?

I thought it had gone from 130 to 90 to 100? But still only good for 12 months out, next Q it will be that # for 12 months, that's how much risk, within 12 months it can all be gone to zero imo, then insiders would lean money until debt holders would become new shareholders imo I've seen it so many times imo they have way to many stores which burns cash imo. You think Ret selling 800 shares at 2.70 is value of company? It would have to be 1.80 to get market value and you would see proper volume imo but this is t it. $2.70 is way over valued with amount of risk and I'm proven right by volume alone, your not, your like them VERBAGE IMO

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