Amica Mature Lifestyles Inc ACCKF

Should I Invest in ACC???

[IronCork]

Hi All,

New to this board.  I am a young investor who has finally been able to make a note worthy contribution to my RSP.  I was thinking of adding ACC as part of my real estate allocation. 

This year I've been following about 2 dozen REITS and like companies, ACC being one of only a few that is down YTD.  Any thoughts about the slow start this year?  Of course, due diligence is on me, but just wondered if I could get some general thoughts and sentiment from those who follow this board regarding an investment.  Any commentary would be most appreciated.

[richardmont]

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[IronCork]

Now now, dont all jump in at once with your thoughts and insight... I'm not going to wait, decided to pull the trigger - this stock is oversold and presents a good opportunity given the current sp and yield.  GLTA other holders.

[oceaneleven]

https://www.marketwatch.com/story/aging-population-faces-shortage-of-suitable-affordable-housing-2014-09-02?link=mw_home_kiosk

[oceaneleven]

Amica Mature Lifestyles Insider Holdings Ltd. Manjis Buys 5,000 Shares (ACC) Posted by Joseph Griffin on Oct 28th, 2014 // No Comments Amica Mature Lifestyles (TSE:ACC) Insider Holdings Ltd. Manjis bought 5,000 shares of the stock on the open market in a transaction that occurred on Friday, October 24th. The shares were purchased at an average cost of $6.90 per share, with

[fzer]

Not proof but I suspect this company will be getting a takeover offer in the future.  At what price is anyone's guess, but I'm thinking around $8-9. Its obvious Manjis is the big buyer between 6.95-7.00. I like this structure where Manjis is buying the shares rather than the company as it keeps their cashflows & cash up for the dividend. Time will tell I guess.