Hudson's Bay Co. HBAYF

who would lend them money?

[CorporateRebel]

momentum is good, and i hold a 20% position right now, in since below 11$. 

I think HBC wil lhave trouble raising private caital or loans to take HBC private. 

Shareholders are asking for real estate monetization, while HBC is raising funds for privitization to not go this route. In my mind, who would lend HBC money to avoid real estate monetization and continue to burn through cash trying to transform retail?

[frankstevens17]

Rebel I agree with you 100%,who would lend them the money to go private is being asked by all common sense investors. Far too many dreamers and cheerleaders making outrageous forecasts about HBC.

[CorporateRebel]

well, 35$ targets are ridiculous imo But a 15-17$ target on good numbers and some continued movement towards real estate monetization by early next year would be achievable imo. 

[frankstevens17]

I agree Rebel, but my concern is the current bull market is getting old and tired which could lead to an overall correction during the course of the next 12 months.

[las5513]

I doubt if HBC has any intention of going private in the near future so it's foolish to entertain that concept at present. I don't know what the future holds for the HBC stock price but it doesn't look like "easy money" so investors should buckle up for a long slow ride to God only knows where.

[CorporateRebel]

Why would it be considered foolish to entertain the concept of going private?  HBC may not have the intention to monetize the real estate, and taking it private may be a way to continue their corporate direction without being constantly reminded by HBC shareholders that they are doing a bad job...  With that said, no astute investor would give easy money to HBC to take the company

[las5513]

If you were ever involved with corporate lending, or any lending for that matter, you would know that collateral is only one aspect of assessing a loan. The ability to service the next is just as important as collateral, since no lender grants credit with the intention of using the collateral for repayment. The simple fact is HBC can't currently afford to service the debt required to go

[CorporateRebel]

of course the ability to repay is just as important, and nobody loans money for collateral. You don't need to be involved with corporate lending to know that, if you walk into a retail banking institution you could learn that, from a line of credit to a second mortgage, this is common sense.  What I am alluding to, is that the real estate valuation is significantly higher than the

[frankstevens17]

I think everyone would agree the real estate value exceeds the current stock price of HBC, but the question is by how much. There have been many thoughts on this issue but they are simply opinions. Opinions are like a$$holes everybody has one.