Buy Leon’s, hold on to BMTC Group

LEON’S FURNITURE LTD. $17.80 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www. leons.ca; Shares outstanding: 71.8 million; Market cap: $1.3 billion; Dividend yield: 2.3%) steadily increased the number of stores under the Leon’s banner from 27 in 2003 to today’s 84.
In March 2013, the company… Read More

Costly upgrades for BMTC

BMTC GROUP $13.00 (Toronto symbol GBT.A; TSINetwork Rating: Extra Risk) (514- 648-5757; No website; Shares outstanding: 37.0 million; Market cap: $481.0 million; Dividend yield: 1.9%) is one of Quebec’s largest retailers of furniture, electronics and household appliances.

In the three months ended June 30, 2016,… Read More

Uncertainty challenges these retailers

REITMANS (CANADA) LTD. $4.24 (Toronto symbol RET.A; TSINetwork Rating: Extra Risk) (514-384- 1140; www.reitmans.com; Shares outstanding: 64.6 million; Market cap: $269.3 million; Dividend yield: 4.7%) owns 750 women’s clothing stores across Canada.

Those outlets are divided among several brands: Reitmans (327 stores), Penningtons (130), Addition Elle… Read More

BMTC Group $13.15 – Toronto symbol GBT.A

BMTC GROUP $13.15 (Toronto symbol GBT.A; TSINetwork Rating: Extra Risk) (514-648-5757; No website; Shares outstanding: 37.2 million; Market cap: $486.6 million; Dividend yield: 1.8%) has 38 outlets and is one of Quebec’s biggest retailers of furniture, electronics and appliances. The company mainly sells these items… Read More

BMTC GROUP $12.85

BMTC GROUP $12.85 (Toronto symbol GBT.A; TSINetwork Rating: Extra Risk) (514-648-5757; No website; Shares outstanding: 37.9 million; Market cap: $483.8 million; Dividend yield: 1.9%) has 38 outlets and is one of Quebec’s biggest retailers of furniture, electronics and appliances. It mainly sells these items through… Read More