Reitmans Ord Shs V.RET

The last time

[Torontojay]

Reitman's was this profitable on a "per share" basis one would have to go back to fiscal 2011 when it's earnings per share was $1.33. The company had $4.35 in net cash and its shares traded in the $17 range. 

Today, on a twelve month trailing basis, the company has earnings per share adjusted for non cash gains of $1.258 and net cash of $1.37.  In fiscal 2022 net income was $0.899. 

You can pick up shares of Reitman for $3.60 with almost 40% of its market cap in cash. 

Not a bad deal.

[Northforce13]

1998-1.42 1999-1.55 2000-5.72 2001-2.28 2002-1.60 2003-1.41 But I think your point is that if they earn 1.30/ share the SP could go very surprisingly high.  If that is the point, then I would agree, with the possibilty of such happening dependant upon whether they can become a "growth" company.   For a very long time, RET has been priced as a stagnant dying business, and

[nozzpack]

  Fact is the retransitioning is well under way and showing super success. Its just that investors have yet to grasp this return, not only to growth but to being a virtual cash cow again. We will see $800 million in sales this year, up 25% from F2022. E commernce sales will exceed $200 million when Q4 reports,  yet customers are returning   to a brick-and-mortar