Is Chapters poised to become Canada's version of AMZN? Coupled with the low Cdn.$ exchange, Chapters can, IMO, tap into the U.S. market as well, given that at yesterday's shareholder meeting it was announced that their website launch is ready to go. I read in the Globe & Mail recently that one bookstore in Toronto couldn't keep up with book orders they were receiving from the U.S.
The fundamentals, and recent lacklustre stock price could present an opportunity to get in on the ground floor. I'm also impressed by the way it seems to be right on track for future "superstore" expansions...
canstock.com
Would be interested in comments from others who have been following this stock longer than I. Thanks in advance. |
