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 > Burning Cash ...Surely you are joking Mr. Feynman

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Post by RedeyeGarf2 on Dec 11, 2024 10:38pm

Burning Cash ...Surely you are joking Mr. Feynman

Since coming back from the dead, RET has posted increased its bottom line by any metric:

Book Value, Cash, and Shareholder's equity.

If you look at Cash it gone up from 26M in 2022JAN to 117M in 2024JAN.

Shareholders equity has climbed from 184M in 2022JAN to 279M in 2024JAN.

If the BoD doesn't want to move up to the TSX, than pay a dividend of 50-70% of earnings.

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Comment by Lllennn on Dec 12, 2024 12:32am

Enjoy your boat anchor ride on 20th imo

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Comment by RedeyeGarf2 on Dec 14, 2024 12:34pm

If you are looking for a company that is truly burning cash, look at BCE. They are paying out in dividends and capital expenditures thant hey generate in cash flow. This is not sustainable. Right now BCE has a dividend rate of greater 10%. Investors know it is not sustainable.

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Reitmans Ord Shs