Post by
filoux004 on Nov 11, 2024 4:49pm
Dynamite IPO
On bnn look at the valuation 2.3B profile similar to ret.a sales no stores plus debt of 40M. Something really doesn't jive. Andc2 class of shares on the TSX???.?..
Comment by
nedstar71 on Nov 11, 2024 5:05pm
Seems overvalued. Will be interesting to see what it actually does on the day. Who knows though, the main driver is their U.S. expansion plans. How does it stack up to Aritzia, which is much more of an apples to apples comparison than Reitmans?
Comment by
nedstar71 on Nov 11, 2024 5:10pm
Actually $128 million 12 months trailing net income. Maybe not overvalued?
Comment by
filoux004 on Nov 11, 2024 5:53pm
All I am try to say if this doesn't wake up Ret.a mgmt to maximizr shareholder value nothing will. I did the first milk run over 3$.20 sold then got back in on the pull back acb around 2.25$ been holding for 2 years. Anyways we will wait for the fins and let the market decide. Glta DD