Author Topic: Toys R Us  (Read 9246 times)


  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1345
Re: Toys R Us
« Reply #20 on: April 28, 2018, 11:27:17 AM »

I am a bit confused in how the value of the real estate today is worth ~$300M and yesterday $220-225... lol  Nonetheless, buying pods of profitable stores in the US is great news!

$225M is their conservative estimate of the worth. $300M is the realistic/optimistic view given real estate markets and the global economy humming along.

Wow. This is a steal. I believe KW had a hand in checking the RE valuation.

Not sure that I'd declare it a steal just yet, but at least the real estate places a nice floor on the outcome.  I've seen too many "cheap" retailers where the value never worked out.  Sears and radio shack come to mind.   I don't know enough about toys r us to assess the sustainability of its ebitda, but at least the real estate is our put option.