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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 > Objectif : moderniser la compagnie
View:
Post by naissance17 on Jun 16, 2023 8:57am

Objectif : moderniser la compagnie

https://www.lapresse.ca/affaires/entreprises/2023-06-16/une-pdg-pour-moderniser-reitmans.php
Comment by savyinvestor333 on Jun 16, 2023 9:41am
The management of Reitmans is convinced that the action is undervalued on the stock market. The book value of the stock is approximately $5, notes chief financial officer Richard Wait. Over the past year, Reitmans shares have gone from 75 cents to their current level of $3 on the Toronto Venture Exchange. The executives also say they are examining the possibility of migrating to the ...more  
Comment by nozzpack on Jun 16, 2023 10:12am
Thank you for that information. It looks like the severe under valuation of the Company is finally hitting home to the Family. Moving to the Senior TSX now seems inevitable . The new CEO is probably another part of that plan. We have two strong quarters coming our way which will be very promotable as well. Taken together, we should see a double or more from here by late summer
Comment by Trooper01 on Jun 16, 2023 10:18am
They are so slow to react, what the hell is taking so long to migrate ..
Comment by Lllennn on Jun 16, 2023 1:09pm
They could have a trading house manage the trades other company do that, but they would have to pay them imo
Comment by RedeyeGarf2 on Jun 17, 2023 2:31pm
Was this a verbal comment, or did you get it from a transcript? Thank you for sharing.
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