Welcome back to Stockhouse
Member Sign In

Email or Username:

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History  |  Analysts  |  Earnings  |  Insiders

Sears Canada Inc T.SCC

Sector: Consumer Cyclical | Sub-Sector: Department Stores
Alternate Symbol(s):  SRSC

Sears Canada Inc is engaged in merchandising and include the sale of goods & services through the company's Retail channels, which includes its Full-line, Sears Home, Hometown Dealer, Outlet, Appliances & Mattresses & Corbeil stores.
Price: $10.72 | Change: $0.00 | %Change: 0.00%
Volume: 15,577 | Day High/Low: 10.98/10.62 | 52 Week High/Low: 17.14/8.50
View modes: 
0 stars

Warning to Sears Canada investors!

Sears Canada does a (probably illegal) accounting trick . During the Black Friday week and after ---they are selling , online, merchandise that they do not have in stock, freudelently sayng it is more
0 stars


wdr2  rate and reply
0 stars


Rights offering has same effect as taking Sears Canada private. Risk with bankruptcy is someone may come along and offer higher price in a court supervised process. This way Lampert has control more
0 stars


They could do a voluntary dissolution and than Lampert can buy it out of bankruptcy. Last year 6 leases sold for $600 million so dissolve now and buy back on the cheap and than liquidate all more
0 stars

rotflmao, sears up? dunkin donuts buying them?

hahaha, bull trap.  rate and reply
0 stars

lenders are tightening droping credit from 800 to 300 m

I don't blame them. Forget about that $3 dividend! They dropped $245 million in one quarter is a crazy amount of money for only 3 months. Need to sell leases faster as money going out the door more
0 stars

RE:RE:RE sales?

Sorry T. I forgot that you said that $17 would be the top. I guess your advice still holds true.  rate and reply
0 stars

RE:RE:RE sales?

Topped out for now?? Good thing I didn't listen to you...I would refrain from giving advice like that if I were you. I wonder what happened to set it soaring today? Maybe some news about a more
0 stars

RE:RE sales?

Yes this could happen but its topped out for now.  Better to come back later when goes lower.  No catallyst now  rate and reply
0 stars

RE sales?

My understanding is that they still have some RE to sell and that they will pay out part of the proceeds as an extraordinary dividend as they did last year... does anyone else think so too?  rate and reply
0 stars

Looks like stock price has peaked. Time to raise cash.

$17 looks like the top.   CEO bonus max occurs at share trigger price of $22.  If you take out the $5 dividend paid (which is counted in bonus calculation) than $17 becoms the top.  Also book value more
0 stars

RE:new RE sales coming soon?

Could also be sale of whole company.  Can almost do a leveraged buyout Over $500 in cash (dividend never paid even though they signaled it would be paid) no debt and still $40 a share in more
0 stars

new RE sales coming soon?

That is my impression given the sp movement... anyone have any ideas on this?  rate and reply
0 stars

Job cuts should be worth $118 million per year

1600 call center employess at $35000 per year (all costs in)=$56 million savings 624 management at $100,000 per year (all costs in)= $62 million savings Total savings $118 million That goes more
5 stars

Friday drop

Not sure why it dropped so much but I was buying at end of day. The 4 percent same store decline announced in early January did not say a word about no power in much of SW Ontario. Sears lost at more
0 stars


Same here at TD  rate and reply
0 stars


I had it in my account on Dec 6 with Scotia bank  rate and reply
0 stars


I believe the dividend was suppose to be paid on Dec 6th. I have not seen it in my investors edge account? Has anyone else seen the cash yet?  rate and reply