Bullboard - Stock Discussion Forum Hudson's Bay Co. HBAYF

Consumer Cyclical

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures... see more

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OTCPK:HBAYF - Post Discussion

Hudson's Bay Co. > $9.45 just won't fly. Opening salvo only.

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Post by nolipstick on Jun 10, 2019 9:48am

$9.45 just won't fly. Opening salvo only.

Puts the stock @jan./19 price. Company has documents putting R/E value at $25-30/share. Independent board committee will not accept or they will be sued for breach of duty.
BTW, my minimum is $18..

125

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Comment by 88guy88 on Jun 10, 2019 9:59am

Gee I sure hope you are right at $18....that would be nice but not likely they would move that high from the original $9.45.....more likely they might get to $12...that would be my guess/estimate...good luck

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Comment by BeachHouse1Day on Jun 10, 2019 10:14am

I see the value much higher than $9.45 per share because of the real estate that they have. I don't understand why an Affiliate of Ontario Teachers' Pension Plan Board sold in January of this year their 10% portion for the same offer price of today at $9.45. https://investor.hbc.com/static-files/e23d782c-7b2d-4a82-aa66-51b1b6810965 PSUs Granted to Ms. Foulkes in Fiscal ...more

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Hudson's Bay Co.