Hudson's Bay Co. HBAYF

Some serious....

[stockmarket1]

Overhaul - restructuring is needed. The retail enviroment, as we all now know, is changing ever so much. Online is the way for many and big box store shopping, especially Costco!!! Costco is ALWAYS, ALWAYS packed with lined up people. Costco is like a fricken entertainment / sporting venue with the amount of people it attracts. 


HBC has glorious real estate assets but the retail side needs urgent attention imo.

[Pivotcatalyst]

JMO but I think this sector is done  The "craigslist price" is the real price  I think Sears had Craftsman valued at around $1.5 billion (ballpark from memory) and took $900 million 

[frankstevens17]

There is so much retail real estate coming on the market for sale it means sellers will get considerably less than analysts estimate. I've read that HBC real estate is estimated at $25 per share but that just a ridiculous number. Try $10 per share and that number is closer to reality.

[Nossy45]

That's because HBC has some really prime locations, and excellent real estate versus some of the other retail chains. I agree that the $25 may be overdone, but perhaps $12 - 15 isn't outlandish. Analyst had placed a value of $8 - 12 on the retail component, and $12 - 15 for the real estate ventures but because they have indicated that they are not interested in spinning the real estate for

[Pivotcatalyst]

 I think you are probably closer to the real #

[MrBigger]

the flagship store in Manhattan is worth as much as the company.