Reitmans Ord Shs V.RET

New Issue Already Closed

[savyinvestor333]

Scotia sent bme an email for the Groupe Dynamite IPO around noon. Just checked and its already closed. I didn't ask for any of it.

[Lllennn]

This is growth story, it's current, has synergy's, paid in USD, remember money is liquid so going from Ret to Royal, Ret not growth story, lower price point, some brands discontinued and most likely more to go, paid in CDN, no synergy's and at a place similar to Kmart/Radio Shack or getting closer to that near term with decay of TTM with inflow being challenging with outflow pressures

[filoux004]

TX for yr input, looking forward to the Financials. DD glta 

[savyinvestor333]

So your telling me they have no exposure to the Canadian dollar. So how are the customers in Canada paying?  Please just facts no more of your opinion. We can cut the wheat from the chaff

[filoux004]

Footnote dynamite IPO is 100% secondary issuance  300M directly into the founder's pocketbook not one $ to Dynamite treasury. Bravo . DD glta

[savyinvestor333]

LOL A grow story. Read this from the Dynamite Prospectus 50 new store locations have been opened since the start of Fiscal 2022, with a majority of new store locations in the higher-growth United States market, and 15 store renovations or relocations have taken place over the same period. Contribution from new and improved stores was offset by 48 strategic store closures over the same period;

[savyinvestor333]

Groupe Dynamites Earnings per Share for the last 3 years Ending Feb 2024 $.19 2023 $.16 2022 $.07 Reitmans Earnings for the last 3 years ending Feb 2024 $.30 2023 $1.59 2022 $3.24 We should be Trading at MULTIPLES of Dynamite. Simply unbelievable. Hopefully someone else is doing this comparision and jumps on board. Maybe Groupe Dynamite offers us $20 a share for an accretive takeover

[Lllennn]

Dyn market is much younger imo, Ret has to figure out foot print issues imo, Google Map Calgary for Ret and see how many and imo it's big Canabilization, so it's got to consolidate imo yes numbers tell one story but foundation says another for long term, I'm just saying be very careful before jumping as Trap should be on one's mind with this imo All above is Imo.

[Lllennn]

 Big difference with brands folding and store print since proceeds. You can realize not to rely on Ret. Target stock sank 21% in early market trading on the heels of the release of its quarterly results.

[savyinvestor333]

Sure they plan on adding 75 new stores over the next five years but closing 26. Negative equity right now. Founder took $180million dividend in 2022  Buy to your hearts content.

[savyinvestor333]

More FACTS from the Prospectus Lilenn Your opinion is not looking good. Total Debt as of Feb Jan 2022 $182.78 million as of jan 2023 $469 million Cash as of Jan 2022 $94.6 million as of Jan 2023  $33.7 million Total shareholders equity as of Jan 2022 negative $75.9 million

[filoux004]

TX savy....waiting for the fins. Glta DD

[savyinvestor333]

NP i could go on and on. We all should be buying RET.A with both hands and shorting Groupe Dynamite. The more i read the better we look. Even if we had equal share price to me Reitmans looks like the better buy. Yes at $21.00

[nedstar71]

I considered shorting Dynamite once trading gets underway.  As for buying this with both hands I have this genetic flaw that rarely allows me to buy super illiquid stocks at the ask.  This is basically both impossible to buy and sell on many days.  Today I'm aiming for some at $2.52, but even that will likely expire with all the others...

[savyinvestor333]

Yes I agree and also have a bid a $2.52 today. I talked myself into it. Lol