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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 > Makes no sense
View:
Post by filoux004 on Sep 19, 2024 7:54pm

Makes no sense

Jmho this mkt cap is totally disconnected from the fins. Makes no sense 120M cash, 59% Gmargins, etc etc. Long strong and adding . Glta DD at 5x trailing eps this sp should be 6$ plus. The stock is trading at cash value!!!
Comment by RedeyeGarf2 on Sep 19, 2024 10:27pm
We need the stock to move the TSX.
Comment by nedstar71 on Sep 19, 2024 10:35pm
It's really ashame they have left the stock to languish on the venture as long as they have.  Uplist, an NCIB where they actually purchase shares etc.  The market has abandoned it and with so many stocks out there setting tbe world on fire it's difficult to justify parking much of anything in this underperforming and illiquid disappointment.  The company is fine, the stock ...more  
Comment by savyinvestor333 on Sep 20, 2024 5:32am
Buyback is happening as per this quote from the MD&A In connection with the NCIB, the Company entered into an automatic share purchase plan (“ASPP”) with a designated broker to facilitate the purchase of Shares under the NCIB during times when the Company would ordinarily not be permitted to purchase Shares during self-imposed blackout periods. As at August 3, 2024, a financial liability ...more  
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