Reitmans Ord Shs V.RET

CFO Retirement

[savyinvestor333]

With Richard Wait retiring and still holding 373,000 options i imagine he will be looking to convert and sell as many as he can. I never tried to check if they are in the money or not. This could be a headwind or maybe the company is holding off on the buybacks so as to have powder dry to facilitate this for him. Anyway there is no denying the VALUE here and with this being a 2.5% position in my portfolio at the present time I am find holding and adding when there is a sale. It will only be a matter of time that some Bigger Fish decides the cash on the balance sheet would look better on there's. Until then I sit and wait for the catylst and if 2025 gets choppy this could end up being a good hiding place.

[Lllennn]

Ret.A took a 10% buzz cut today the last trade was 2.26 yet the ask on Ret is 2.80 and now a .50 spread, I think this will be a slow drop as store closures continue, classic Value Trap imo

[savyinvestor333]

Maybe because as you already stated. You are selling RET.A and buying RET  I'll try to mop up the cheap ones when I can. The cash isn't disappearing and I'll get a vote on any MAJOR proposition.

[Lllennn]

GRGD that is proper strategy and what Ret doing asking for NCIB a few months ago then holding off because someone who has already been dumping and now dump more to hold off on buy back lol Ya ya lol imo No it's going lower and it's already 1st day dropped 10% lol 1st Day, nice try imo

[Lllennn]

and me coverting to Ret was right call, your stuck with ReT.A and any proposal thats put forward and I find out which way you vote Im voting opposite just to nutraliz your vote imo

[Lllennn]

I think the whole place is a slush fund for land lords and probably a lot have fingers in pie imo. The decrease of $5.7 million was largely due to higher occupancy costs total 10.6 increase imo, bingo. This is same as paying div in another way RE: its liguid imo. Adjusted EBITDA has decreased 60.0 per cent? handling system, trac system same system imo this just verbage (and e-C dropped 8

[savyinvestor333]

Just a couple things Lilennn First I am not stuck. My position here is in positive territory. I first purchased at $.50 and have added and sold along the way. I have reported good Capital gains  from Reitmans in 2021 2022 2023 and 2024. The stock is not halted so nobody is stuck. The stock is NOT down 10% in fact I had the high bid aprior to closing Friday and never got 1 share. I am willing

[SCVALINVESTOR]

According to the Management Information Circular dated May 13, 2024 for the AGM on June 19, 2024, Richard Wait had 415,000 options with a strike price of $1.50 expiring May 26, 2025. Stephen Reitman had 500,000 with the same terms. Looks as if they will be exercised and sold.  Andrea Limbardi had 327,000 with a strike price of $3.05 and an expiry of October 05, 2027. She is more motivated

[filoux004]

TX for the info. still makes no sense how the BOD is acting towards shareholders. I'm long and basically flat for the last two years. Will continue holding and may add if we drift low 2$. On a more positive note. HBFG and DRX . Glta DD. Happy Belly is a qsr/disruptor with little debt can it be the next MTY,??? DRX strong margins low p/E great working cap trading at 1/3 its peers. Finally will

[SCVALINVESTOR]

According to the Management Information Circular dated May 13, 2024 for the AGM on June 19, 2024, Richard Wait had 415,000 options with a strike price of $1.50 expiring May 26, 2025. Stephen Reitman had 500,000 with the same terms. Looks as if they will be exercised and sold.@ Andrea Limbardi had 327,000 with a strike price of $3.05 and an expiry of October 05, 2027. She is more motivated, though