Artis Real Estate Investment Pref Shs Series E T.AX.P.E

Artis buckles

[garyreins]

NCIB exhausted at ~$7 average, while Artis dives another 18%.   Another mis-step by management leaving a 3 month window without purchases.  The time to deliver is now.  Get it done.

[EstevanOutsider]

agree snakeyboy, this is unacceptable and appaulling to leave the floor open during tax loss selling season without any insider buys either or updates. beyond my tolerance level in the $5s and it may go even lower as the market now is looking for a distribution cut with such a high yield even if it is not coming anytime soon.

[oilinvestor52]

take a look at TNT.UN for some insight

[Catchtherally]

TNT is not much worse at this point...

[EstevanOutsider]

TNT still doing solid actualy fundamentals which is prob why the director added $ 1 million worth of units at a much higher price plus Drimmer. Their model was to payout 100%. They have a ton of FCF here and little re-leasing risk into 2027 with the ability to handle 6% rates after distribution cut which saved them $25M annually. Price drives narratives. REIT space has little coverage/few

[oilinvestor52]

Maybe sell AX.UN and buy a better name like BPO prefs

[jmkOttawa]

You cannot blame management for not having a crystal ball. Anymore than you can blame yourself for investing in REIT's during a rising interest rate environment. You embarrassed yourself enough with your fraudulent post last week. Please stop posting.