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Bullboard - Stock Discussion Forum Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 SLTTF


Primary Symbol: T.SOT.DB Alternate Symbol(s):  T.SOT.DB.A | T.SOT.DB.B | T.SOT.UN

Bullboard (TSX:SOT.DB)

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Post by MARKOPOLISon Nov 16, 2023 7:26am

SLAM CHARGES SOT THE FOLLOWING ON REFINANCES OF DEBT

Financing 0.25% of debt financed So they refinanced $500,000.000. that equates into $1,250.000.00 in fees to SLAm 
Post by MARKOPOLISon Nov 16, 2023 7:18am

GOOF LUCK GETTING DEBT DOWN THAT FAST MUST FIRE SELL ASSETS

 I mean, the debt cap has been lifted to 70% until March 24th and 65% after that. Can you run us through the thought process behind over there as to, like, is the aim to kind of get it -- get the ...more  
Post by MARKOPOLISon Nov 16, 2023 7:14am

LENDERS ARE THE ONES KEEPING THIS AFLOAT

What we want to get down is to have a reasonable approach with our lenders, where we continue to have support. They’re continuing to provide ample liquidity to continue our operations.
Comment by Capharnaumon Nov 16, 2023 2:49am

RE:RE:Down 12 %

Looking at the Q3 results, I don't think the cut was due to the payout ratio, which was around 50%, but rather that they are biting the bullet and finally are going to address the debt instead of ...more  
Comment by Ladislav3on Nov 15, 2023 8:11pm

RE:Down 12 %

I think the dividend cut had already been priced in for the most part when we dropped from $1.50 to $1.00.
Post by divime1on Nov 15, 2023 4:13pm

Down 12 %

isn't as bad a day as I expected  . INO.un cut  their dividend yesterday and it dropped 50 % 
Post by MARKOPOLISon Nov 15, 2023 1:31pm

Article on SOT NO BUYBACKS ZERO

https://renx.ca/slate-office-reit-unveils-major-portfolio-alig
Post by CanSiamCypon Nov 15, 2023 12:57pm

And contagion spreading to SGR.un today ...

... as evidenced by large decline in unit price of this grocery-based REIT while most REITs are in the green today ... even those (apart from SOT.un terd) which have recently cut their distributions . ...more  
Post by MARKOPOLISon Nov 15, 2023 10:40am

ARMOYAN SHOULD HAVE TAKEN

His own advice and "clean the slate" we all recall the presentation which was well done  now slam appears to be Amerndong the trust to allow higher leverage great news for debenture ...more  
Comment by incomedreamer11on Nov 15, 2023 9:48am

RE:Another new low .77

After eleminatining distribution I think downward pressure  is gone, good time to cover short position.In nearest future will be flat. I suspect,  Armoyan may buy some properties.
Post by pennydredfulon Nov 15, 2023 9:36am

Another new low .77

More   than    20%  below  last   new   low   of  .99    as   at   the   opening    ...more  
Comment by Ladislav3on Nov 15, 2023 8:26am

RE:TD BANK NEGATIVE ON SLATE OFFICE REIT

Oooof those are some bad results. Even worse than I had expected. It's a bad time to sell these assets in the market as well so who knows what prices they will get (if they are able to get rid of ...more  
Post by MARKOPOLISon Nov 15, 2023 7:33am

TD BANK NEGATIVE ON SLATE OFFICE REIT

Slate Office REIT (SOT.UN-T) C$1.02 Q3/23 First Look: Results Miss; Distribution Suspended Jonathan Kelcher, CFA Golden Nguyen-Halfyard, (Associate) Event Q3/23 results and announcement that Slate' ...more