Post by
john234 on Apr 16, 2018 8:37pm
Is Hudsons Bay better off going bankrupt?
Close shop, pay off the creditors, sell the real estate, and give each shareholder $36/share
Everyone wins
Comment by
las55131 on Apr 17, 2018 8:20am
Wake up John234 the real estate isn't worth nearly as much as investors think. The $30 plus price is just wishful thinking.
Comment by
john234 on Apr 17, 2018 9:30am
lol the Lord and Taylor building got sold in October for far more than its appraised value. Saks 5th Avenue in Manhattan is worh $12 per share by itself Real estate is worth a minimum off $36, maybe more.
Comment by
las55131 on Apr 17, 2018 10:09am
Try selling all the real estate and see what happens, buyers will smell desperation and the price will fall like a rock.