Sears Canada

SCC-T

Analysis and Opinions about SCC-T

Signal
Opinion
Expert
COMMENT
COMMENT
July 21, 2017

At this time, this is a speculation not an investment. He wouldn’t invest money you can’t afford to lose, because there is a possibility this could go to zero. There is value within their brands, but the retail part of the company has failed. A lot of creditors are circling.

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Sears Canada (SCC-T)
July 21, 2017

At this time, this is a speculation not an investment. He wouldn’t invest money you can’t afford to lose, because there is a possibility this could go to zero. There is value within their brands, but the retail part of the company has failed. A lot of creditors are circling.

COMMENT
COMMENT
June 16, 2017

The “walking dead”. A hedge fund manager took control of Sears in the US, which owns Sears Canada as well as Kmart, and didn’t put a nickel into modernizing stores or keeping them up in any way over the years. Thinks the stock goes to zero.

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Sears Canada (SCC-T)
June 16, 2017

The “walking dead”. A hedge fund manager took control of Sears in the US, which owns Sears Canada as well as Kmart, and didn’t put a nickel into modernizing stores or keeping them up in any way over the years. Thinks the stock goes to zero.

DON'T BUY
DON'T BUY
February 2, 2017

Welcome to retail land. The retail sector has been semi-annihilated by Amazon. Others are saddled with high cost rent. He does not want to gamble on rebuilds and this one is too hard to see the outcome in.

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Sears Canada (SCC-T)
February 2, 2017

Welcome to retail land. The retail sector has been semi-annihilated by Amazon. Others are saddled with high cost rent. He does not want to gamble on rebuilds and this one is too hard to see the outcome in.

COMMENT
COMMENT
August 6, 2014

A weird company because it occasionally dishes out a big dividend. Dividend seems to be okay and it doesn’t seem to collapse.

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Sears Canada (SCC-T)
August 6, 2014

A weird company because it occasionally dishes out a big dividend. Dividend seems to be okay and it doesn’t seem to collapse.

COMMENT
COMMENT
July 11, 2014

If looking for a short-term trade than your call has to be threefold. 1.) More dividends coming out of the company to get rid of its cash on the balance sheet. 2.) The US parent comes in and buys it. 3.) More real estate liquidation, which would highlight the value that is inherent in the company. Thinks the value has already been had in the company, so there is a bit more risk now.

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Sears Canada (SCC-T)
July 11, 2014

If looking for a short-term trade than your call has to be threefold. 1.) More dividends coming out of the company to get rid of its cash on the balance sheet. 2.) The US parent comes in and buys it. 3.) More real estate liquidation, which would highlight the value that is inherent in the company. Thinks the value has already been had in the company, so there is a bit more risk now.

SELL
SELL
December 10, 2013

(Market Call Minute.) Basically they are winding down, so why own it.

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Sears Canada (SCC-T)
December 10, 2013

(Market Call Minute.) Basically they are winding down, so why own it.

DON'T BUY
DON'T BUY
December 9, 2013

(Market Call Minute) They sold off all of the crown jewels, leaving them with stores and they can’t run stores very well.

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Sears Canada (SCC-T)
December 9, 2013

(Market Call Minute) They sold off all of the crown jewels, leaving them with stores and they can’t run stores very well.

COMMENT
COMMENT
December 2, 2013

It is not a play on retail but on real estate. All the best locations are being sold off. What they have been doing is shrinking. Their best locations are being sold off. The funds are going to the US. They don’t plan to reinvest in stores because they will pay out a big dividend.

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Sears Canada (SCC-T)
December 2, 2013

It is not a play on retail but on real estate. All the best locations are being sold off. What they have been doing is shrinking. Their best locations are being sold off. The funds are going to the US. They don’t plan to reinvest in stores because they will pay out a big dividend.

Laura Lau

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Price
$19.150
Owned
Unknown
HOLD
HOLD
November 27, 2013

(Market call minute.) Doesn’t think they can turn it around, but if you own, you should continue to hold because he thinks you are going to realize money elsewhere as it sells off more assets.

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Sears Canada (SCC-T)
November 27, 2013

(Market call minute.) Doesn’t think they can turn it around, but if you own, you should continue to hold because he thinks you are going to realize money elsewhere as it sells off more assets.

Don Lato

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Price
$19.200
Owned
Unknown
DON'T BUY
DON'T BUY
November 25, 2013

Sears is taking itself apart ultimately either to distribute assets to investors or to continue to milk it for capital. No evidence that they are doing any different in Canada. It gets harder to sell the company when you have gotten rid of your prime assets. Sears is becoming a smaller market company.

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Sears Canada (SCC-T)
November 25, 2013

Sears is taking itself apart ultimately either to distribute assets to investors or to continue to milk it for capital. No evidence that they are doing any different in Canada. It gets harder to sell the company when you have gotten rid of your prime assets. Sears is becoming a smaller market company.

COMMENT
COMMENT
November 25, 2013

Fairly large holding and with all the negative news lately, should they sell for a decent capital gains with a big tax hit or wait for the $5 Dividend on Dec 6th? This depends on your time horizon. Heard a comment this morning that Sears US would be happy to get rid of all of Sears Canada. Based on this, he would be inclined to take the dividend and then sell your holdings.

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Sears Canada (SCC-T)
November 25, 2013

Fairly large holding and with all the negative news lately, should they sell for a decent capital gains with a big tax hit or wait for the $5 Dividend on Dec 6th? This depends on your time horizon. Heard a comment this morning that Sears US would be happy to get rid of all of Sears Canada. Based on this, he would be inclined to take the dividend and then sell your holdings.

DON'T BUY
DON'T BUY
April 16, 2013

Has underperformed the market. Business has been under a lot of pressure. At the right price, below $8, this gets interesting but he would stay away at these levels. A lot of real estate value, north of $12 a share. A lot of competition and having Target move in puts more and more pressure on.

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Sears Canada (SCC-T)
April 16, 2013

Has underperformed the market. Business has been under a lot of pressure. At the right price, below $8, this gets interesting but he would stay away at these levels. A lot of real estate value, north of $12 a share. A lot of competition and having Target move in puts more and more pressure on.

DON'T BUY
DON'T BUY
December 30, 2011
Sad situation from the chart. Distinctive downward chart and just broke through a support level just last week. US just announced the closing of a number of Sears stores. There seems to be less demand for products at Sears. This is not the company you want to be involved with. They have not shown a growth plan as of yet.
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Sears Canada (SCC-T)
December 30, 2011
Sad situation from the chart. Distinctive downward chart and just broke through a support level just last week. US just announced the closing of a number of Sears stores. There seems to be less demand for products at Sears. This is not the company you want to be involved with. They have not shown a growth plan as of yet.
BUY
BUY
January 31, 2011
Just a matter of time before the US parent brings in the minority stake of Sears Canada. Even though the operating results are not fantastic, from a strategic perspective it makes a lot of sense. This is a bet on the strategic value of the subsidiary.
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Sears Canada (SCC-T)
January 31, 2011
Just a matter of time before the US parent brings in the minority stake of Sears Canada. Even though the operating results are not fantastic, from a strategic perspective it makes a lot of sense. This is a bet on the strategic value of the subsidiary.
COMMENT
COMMENT
July 13, 2010
Could it go private? Has no idea.
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Sears Canada (SCC-T)
July 13, 2010
Could it go private? Has no idea.
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