My DAD used to say...''so ya vaunt ta bye a vauch''
my reply was go..........
Allready have a lektrik vAUCH..........................
now want a auto-winder watch
BGI looking good pre-market:
Birks Group Reopens All Canadian Stores
6:51 am ET July 1, 2021 (Dow Jones) Print
By Chris Wack
Birks Group Inc. said all 29 of its retail stores across Canada are now open for in-person shopping and serving clients in accordance with the directives of local government and public health officials.
The company said it reopened all nine of its mall stores in Ontario for in-person shopping on Wednesday, in line with the second step of the province's re-opening plan.
The stores were previously closed for in-person shopping, but open for curbside pick-up and concierge services, since April 17. The stores also were temporarily closed for a 15-week period between Nov. 23, 2020, and March 9, 2021, in accordance with the Ontario government's directives for non-essential retail stores. As required by provincial health restrictions, the stores are currently operating at 25% capacity.
Birks Group also said it has received confirmation from the NYSE American that it wasn't in compliance with the continued listing standards, applied if a listed company has stockholders' equity of less than $6 million and has reported losses from continuing operations and/or net losses in its five most-recent fiscal years.
Birks Group shares were up 35% to $3.18 in premarket trading.
So you vaunt too buy.......................................
A VAUCH ???
New York associate-(HMNY ) keeps a tight vault----------
his statement is filed by Hudson Bay Capital Management LP (the "Investment Manager") and Mr. Sander Gerber ("Mr. Gerber"), who are collectively referred to herein as "Reporting Persons."
loading up on
my “non-exciting” stocks right now
it’s like betting baseball on a football sunday in September always a big overlay or underlay
gotta peel through the layers and do some grunt work but that’s how you find the needle in the haystack
bought summore why not. looking good
trading in after hrs ---hit 1.30
thats no bull....or turkey shoot
have a good thanksgiving and black friday
gonna be a vurtual bury-the santa XMAS
BGI extension granted NYSE - 2/2022
"On October 22, 2020, NYSE American notified the Company that it accepted the compliance plan and granted the Company an extension for its continued listing until February 6, 2022.."
High end jewelry the driving force behind precious metals? Could be - stands the test of time $BGI https://www.maisonbirks.com/en/rolex
O/S 10.25 million
Napolean's ancestors and insiders have sold off so nobody can sell above them
There was an waiver included on the 2021 fiscal year for the working capital ratio. Must have been thinking safe loading if they received that kind of loan during the pandemic.
Montreal, Quebec. – July 9, 2020 - Birks Group Inc. (the “Company” or “Birks”) (NYSE American LLC: BGI), announced the closing of a CAD$10 million subordinated secured term loan with Investissement Québec (“IQ”) on July 8, 2020. This new term loan will be used to support the working capital needs of the Company following the impacts of COVID-19 and increases the Company’s borrowing capacity, allowing it to continue the relaunch of its operations, including the full re-opening of its store network throughout Canada, and omni-channel value-creation initiatives in a COVID-19 environment.
The new term loan, which matures in July 2024, is subordinated to the Company’s existing senior secured revolver facility with Wells Fargo Capital Finance Corporation Canada (“Wells Fargo”) and Crystal Financial LLC (“Crystal”). The loan bears an interest rate of 3.14% per annum, is repayable in 36 equal payments beginning in July 2021 and requires the Company to have a working capital ratio (defined as current assets divided by current liabilities excluding the current portion of operating lease liabilities) of at least 1.01, calculated on an annual basis.
Jean-Christophe Bédos, President and Chief Executive Officer of Birks Group, commented: “We are pleased to announce this financing with Investissement Québec, a long-time partner of the Company. The closing of this deal at favorable terms to the Company is reflective of our strong partnership with IQ. It will provide us with increased financial flexibility needed to accomplish our long term strategic objectives. We appreciate the support of IQ and look forward to working closely with their team as we continue to align the Company towards long-term value creation.”
My interest again is in SIG.
They have thousands of stores, hundreds are needed to close. I drive past the stand alones and wonder why. I see stores in malls, but have no opinion. I think they'are ok.
I don't know percent of online versus stores business although it is easy to find. I'll buy SIG and maybe BGI and ELA on a market crash. I want to be long diamonds, gold bullion, gold and silver jewelry.
Can you explain the volume surge one day this year on BGI? I don't follow it closely.
diamond industry in limbo----lots of jewellery stores closing shop
Traded out of Signet (SIG), before the move up.
Traded out of Birks (BGI), before the move down.
Traded out of Envela (ELA) before the move down.
I was listening to commodities expert and great long time investor Jim Rogers. He likes jewelry companies. I came across the idea because of research I've done in precious metals,
I only own the biggest PM companies, even though the juniors and intermediates will give the better bang for the buck. I am long GOLD (now Warren Buffet), NEM, AEM, PAAS. Even though I'm in at lower prices, I would recommend other investors allocate a position in the group.
spoiled rich school kids --hound parents for BIRKS items
Yep. I might go long next week. Not negative on the company. Just a trader. :)
I'm watching it waiting for more of a pullback
Covered my morning short. A good day..
Cashed out shaved 40 cents. GLTU
News: $BGI Birks Group Closes New Term Loan With Investissement Québec
Birks Group Inc. (the “Company” or “Birks”) (NYSE American LLC: BGI), announced the closing of a CAD$10 million subordinated secured term loan with Investissement Québec (“IQ”) on July 8, 2020. This new term loan will be used to support the worki...
Got this from BGI - Birks Group Closes New Term Loan With Investissement Québec
News: $BGI Birks Group Closes New Term Loan with Investissement Québec
Birks Group Closes New Term Loan with Investissement Québec Canada NewsWire MONTREAL, July 9, 2020 MONTREAL , July 9, 2020 /CNW Telbec/ - Birks Group Inc. (the "Company" or "Birks") (NYSE American LLC: BGI), announced the closing of a CAD$10 million subordinated...
Read the whole news BGI - Birks Group Closes New Term Loan with Investissement Québec
nice call made money on this today after hours.