Sears Canada (SCC.TO)

WAIT
The US parent is looking to take over outstanding shares. This was inevitable. If you own, wait until the committee decides if it is a good value. The department store business is a bad business to be in.
SELL
Going through a big change because of its partner in the US. They have stripped the balance sheet of cash.
DON'T BUY
Sold its credit card holdings which was its major driver of profit. Now that this is gone, it is not expected that they will do that well with retailing goods.
SELL
Will be paying a special dividend. As soon as the dividend is paid, the stock will go x-dividend and drop at least as mush as what the dividend would have been. Have sold off their finance unit and so is now just a department store that hasn't been that well run.
SELL
To use the proceeds from the sale of their credit card business to issue a special dividend. Would sell the shares as he believes tax treatment will be better on the capital gains than on the special dividend. (If you are in an RRSP, it will make no difference.)
HOLD
Took a big jump on their sale of their credit and financial services. The danger when you have a big huge jump, is whether or not it's a true move. If you own, you should take some profit.
DON'T BUY
Up over 47% over the last year. Will either be taken over by its US parent or they will sell it off to a 3rd party. Have sold off their credit card operation. Most of the good news has already been priced into the stock.
DON'T BUY
Market has priced the fundamentals correctly based on her valuations and assuming they sell their credit card division. The question is, will Sears US buy the company. Can't see much upside.
HOLD
Has a model price of $22.66. About an 8% differential. Finding more value elsewhere, but there is value in this stock.
DON'T BUY
Retailing in Canada has been a tough nut to slug. Department stores have been losing market share. Sales have been fairly stagnant. Would rather own a Canadian Tire (CTR-T) or Reitmans (RET-T).
DON'T BUY
Would put it halfway between Canadian Tire (CTR-T) and a Hudson Bay (HBC-T). It's a little lower end than a Hudson Bay but higher than Canadian Tire and its performance is also halfway between. Not attracted to it as a retail idea. The whole department store concept is kind of tired.
DON'T BUY
Will be unexciting. The whole North American department store sector seems to be unable to gather a lot of traction. The trend seems to be towards big box retailer in the lower end of the market and towards more boutique at the higher end. This also applies to Hudson Bay (HBC-T).
SELL
It has run up soley on speculation of a takeover by Sears in the US. Have lowered their guidance, so it's overpriced relative to their peers.
DON'T BUY
The big issue with big retailers is sales. Are they going to have the right trends, too much inventory. When you start seeing big discounts, end of season sales, it indicates too much merchandise left over. With margins of only 10%, it can have a big impact. Trading at 14 X earnings.
DON'T BUY
If a retailer can't perform well coming into the Christmas season, you have to be very careful.
Showing 31 to 45 of 132 entries