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Bullboard - Stock Discussion Forum Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMNF | RTMAF | V.RET.A

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store... see more

TSXV:RET - Post Discussion

Reitmans Ord Shs > MONITOR'S REPORT ALREADY OUT SINCE SEPTEMBER 22, 2021
View:
Post by modulex on Sep 27, 2021 1:52pm

MONITOR'S REPORT ALREADY OUT SINCE SEPTEMBER 22, 2021

You may want to consult REITMANS CANADA LIMTED - Martin Rosenthal's 7th CCAC Report at:


https://documentcentre.ey.com/#/detail-engmt?eid=380
Comment by Deepvalue1981 on Sep 27, 2021 3:41pm
I wonder if they will look to sell their real estate as a way to finance a potential settlement with creditors. I believe they own a 500,000 sf distribution centre near the port of Montreal along with an office building also located in Mtl. Given current demand for warehousing I imagine the distribution centre would fetch a high price. 
Comment by filoux004 on Sep 27, 2021 6:49pm
Good point, I believe they will also offer shares see you at 2$