Shld

T

The Kin

Where exactly do they derive a majority of their profits from? I know it can't be from retail operations since K-mart is the shittiest of the shit.

Is it mainly from financing activities or what?
 
It must be Sears? I bought a lawn tractor recently from there. Is there still uncertainty about what all of the real estate holdings are worth?
 
Quote from nazzdack:

It must be Sears? I bought a lawn tractor recently from there. Is there still uncertainty about what all of the real estate holdings are worth?
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It looks like it was all written off during bankrupcy. And they can now sell those assets for millions of dollars, assets that are currently worth $0 on the balance sheet. They're selling stores for several millions, but it cost them $0 to produce since it was previously written off.
 
Quote from The Kin:

It looks like it was all written off during bankrupcy. And they can now sell those assets for millions of dollars, assets that are currently worth $0 on the balance sheet. They're selling stores for several millions, but it cost them $0 to produce since it was previously written off.
More...
That is what I think also. This leads me to believe it will be pegged 'undervalued' because the costs of revenue and margins will be low and high.
 
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