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

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TSXV:RET - Post Discussion

Reitmans Ord Shs > From the Jefferson (tv) series ...Moving on Up (RET/RET.A)

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Post by RedeyeGarf2 on Aug 26, 2024 12:29pm

From the Jefferson (tv) series ...Moving on Up (RET/RET.A)

Finally, we are moving up in volume and price ...today at 2.70 and 2.45 respectively of RET and RET.A

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Comment by flamingogold on Aug 26, 2024 8:22pm

$2.45 for the A's is not moving up. It has yet to break out of it's tight range between $2.25 and $2.55.

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Comment by RedeyeGarf2 on Aug 27, 2024 11:00am

True ...it hasn't broken the range ...but with deeply discounted stock like RET.A with no debt (not a value trap) ...positive earnings ...100 million in cash, 140 million real estate ..and a book value of over 5.64 ...and management talking about moving it to the TSE ..and committment to buy back 3 million shares ...it is a matter of time. Owner of this stock just have to wait it out.

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Reitmans Ord Shs