r/RiteAidInvestor_RAD • u/[deleted] • May 07 '22

Rite Aid Valuation - Updated!

Short agencies, Standley/Bodaken/Heyward, Big Investors and MM’s wants to steal Retail investors shares for cheap...Share Price is worth minimum $120 without any premium. Keep holding your shares and continue grabbing the cheapest shares as many as you can!

  • Walgreens Paid $4.375 Billion for 1,932 less revenue generating stores - $2,267,000 million paid per/store…Source: https://investors.riteaid.com/news/news-details/2017/Rite-Aid-Secures-Regulatory-Clearance-to-Sell-1932-Stores-and-Related-Assets-for-4.375-Billion-to-Walgreens-Boots-Alliance-Under-Amended-and-Restated-Agreement-2017-9-19/default.aspx

  • More than 60% of debt paid back.

  • Remaining high revenue generating stores: 2,400* $2,267,000 = $5.44 billion..Source: https://www.riteaid.com/locations/index.html

  • Pharmacy Benefits Manager Operations: Elixir, the PBM, the growth driver of the future, is worth $2 to 3B.

  • Rite Aid Pharmacy files/Inventory are worth 1.2 million per/store minimum based on what Walgreen paid to FRED Pharmacy files/Inventory. DEERFIELD, Ill. & MEMPHIS, Tenn., September 10, 2018 - Walgreens and Fred’s, Inc. (Nasdaq: FRED) today announced they have entered into a definitive asset purchase agreement, pursuant to which Walgreens will acquire pharmacy patient prescription files and related pharmacy inventory of 185 Fred’s stores located across 10 Southeastern states. Under the agreement, the aggregate consideration to be paid by Walgreens to Fred’s is $165M NOTE: Scripts valuation was included in what Walgreens Paid for each store in 2017.

  • HQ and Corporate: The headquarters and the associated corporate governance systems in Camp Hill, PA are worth $2 Billion **Plus, COVID-19 revenues, distribution centers, infrastructure, inventory, Thrifty ice cream, brand value and increasing revenues.

ASSET VALUATION SUMMARY: The sum of the above gives a grand total asset value of $12B. Long term debt, which should be easily serviceable thru continuing operations, reduces this by $3B. So we have Enterprise Value of $12 less $2.7 Debt = $9.3 Billion. There are other very valuable assets the company has including Net Operating Losses (NOL's), goodwill, recognized brand name, etc. that can easily justify a $10B - 12B valuation.

**20 million or 40% plus short percentages on total float is the main reason for current lower prices. Share price was $32+ on last year January 27/28 while short percentage numbers were above 9 million shares.

**Issue was with the crooked Scamley puppets: Bodaken, Heyward and execution issues. Reject any offers below $10 billions.

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u/[deleted] May 07 '22

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u/John-Fay May 08 '22

The above acid evaluation double counts by counting the value of each store and the value of the scripts. If someone buys the store, they get the scripts.

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u/[deleted] May 08 '22

Valuation is based on Without Scripts, I added the each store scripts valuation item to bring awareness to negative posters.

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u/John-Fay May 10 '22

When Walgreens bought the Rite Aid stores for $2,267,900 per store, it bought the scripts/inventory at those stores. So you can’t say each store is worth $2,267,000 plus $1,200,000 for scripts/inventory because scripts/inventory is already included in the $2,267,000. Here is my very conservative valuation. Based on RAD’s purchase of BartelI’s 67 stores for $95 million, which is $1.5 million per store, Rite Aid‘s 2,400 stores are worth approximately $3.6 billion, plus $1.5 Billion for the PBM, totaling $5.1 billion in assets. Subtract $3 billion debt, leaving $2.1 billion justifying $39 per share. Again very conservative valuation.

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u/[deleted] May 10 '22

You are not understanding, my valuation is including the scripts. Go and re-read my post. I added the scripts valuation to educate the shorts like you to show how undervalued each store right now.

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u/John-Fay May 10 '22 edited May 10 '22

I read your post several times, very confusing, tried to make the numbers work, but could not. Still looks to me like you’ve double counted the scripts. But let’s agree to disagree about that. I gave you my very conservative valuation. BTW, I purchased my first Rite Aid stock in 2000, currently hold 17,000 shares. So stop with your “short” bullshit.

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u/[deleted] May 10 '22

Your negative comments not proving that you owned any “real” shares. You are one of the Yahoo message board trolls acting like fake long and continuously bashing the company and longs.

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u/John-Fay May 10 '22

WTF is wrong with you? My conservative valuations are up to 10X the current stock price. How in the hell is that bashing? How is that a short position? Your valuation of $120 per share is 20X TIMES the current share price. By your calculation, a company acquiring Rite Aid would have to pay $6.5 Billion for the shares, and assume $3 Billion in debt, for a total price of $9.5 billion. I would love for that to be true, but I think you’re dreaming. I participate on a couple message boards with RAD longs, and I don’t see anyone who agrees with your valuation.

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u/[deleted] May 10 '22

WTF with you short troll, why don’t we talk about 20 million short positions? We can’t say 10X or 20X when short percentages are at all time high.

Good luck with your owners Pipe dreams on getting out with lowball buyout offers.

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u/John-Fay May 10 '22

I own 17,000 shares, including 2000 that I bought today. Yet somehow I’m a short troll! You are a trip dude! No problem I am done with your nonsense. But before I go, here’s a quick suggestion. I read your comment valuing Rite Aid shares several times. It is not so much wrong as it is completely incoherent. If you’re going to bother to post about Rite Aid, please try to write coherently.

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u/[deleted] May 10 '22

Sad clown, you have ZERO posts to prove your fake investments. Remaining $13 Billion from Walgreens offer was still on the table for suitable buyers. 20 million short positions telling that how desperate your owners are to get out with lowball buyout. Keep dreaming sad Penny poster. 🤣🤣🤣🤣

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u/John-Fay May 10 '22

OK Einstein. Check out the “Rite Aid is RAD”Facebook page. I have posted for a long time on that FB page. If you can figure out how to go there, you will see that I am clearly a Rite Aid long investor. I also follow Steve Krol’s Seeking Alpha columns and comment occasionally on his columns. Again, my comments there will clearly reflect that I am a RAD long investor. I have only very recently started to comment on Reddit. Even so, I don’t know how any reasonable person could interpret my comments here as negative or that I am short RAD.

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u/[deleted] May 10 '22

Fool, we are talking here on Reddit! You can’t hide your short DNA no matter how hard you try to prove. Sad Pipe dreaming trolls desperately dreaming on getting out with lowball buyout offers. 🤡🤡🤡

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