BMTC Group Inc T.GBT

Interesting moves.

[undervalue]

Given the re banner of 11 B and M and 5 Economax into Tanguay, it appears BMTC is fully passing
operations to the Tanguay family.
They merged the IT platform last year, I think they want to get further buying and marketing synergy.
I live in BC and have never stepped foot in either of the divisions stores.
Just looking at web sites, I do not see any downside.
I still believe this business would be logical for LNF. Till then, they will just make it more valuable.

[PhiladelphiaCo]

Hi, Thoughts on the latest quarter?  Looking at... The variation in adjusted net results would be ($13,752,000) or ($0.41) per basic share for period ended April 30, 2023 Also, is there a way to find out exactly what companies they own shares of? Cheers

[undervalue]

The sales are getting hit by rising rates. We are in a big ticket spending recession. My guess, with the population growth, the market will recover later this year. Quicker if the BOC back off a bit. In the meantime, you are paying very little for the co, net the cash and investments. Even less including real estate. I don't want to be out, but, the price makes more sense at $13. If I sell for