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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.P.E

Alternate Symbol(s):  T.AX.P.I | T.AX.UN | ARESF

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

TSX:AX.P.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > Artis has lost money for 100% of investors in its history
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Post by ScroogeMcDuck1 on Feb 28, 2024 3:01pm

Artis has lost money for 100% of investors in its history

Share price is at 2008 crash levels.  Zero people have made gains in the history of this stock.
Comment by garyreins on Feb 28, 2024 3:04pm
All this over a 1% elevated inflation rate ....generational wealth wiped out in the CRE space
Comment by ScroogeMcDuck1 on Feb 28, 2024 3:08pm
What I cant wrap my head around is that the bottom of the covid crash the news was that literally 30% of people in Alberta (my home)  may die of covid.  Now asset prices are significantly lower than the actual zombie apocalypse.  Mind boggling 
Comment by Frankie10 on Feb 28, 2024 3:37pm
The dislocation between public and private valuations is remarkable. I believe monetizing this disconnect is the path to profitability for Samir and Sandpiper. I think they realized this some time ago, and tomorrow is the moment they unveil the plan (what they have executed on thus far). I'm sure Samir will keep whatever cards unplayed pressed to his chest. As I have said - a SIB is ...more  
Comment by babybunny on Feb 28, 2024 4:35pm
I too have bet big on Samir not being an idiot.  The market seems to have priced in total inaction; any asset sales at all will be a big surprise and could trigger panic buying.  Those who wait for Thursday's results before wading in may suddenly find themselves miles from the coast.  Baby Bunny  
Comment by garyreins on Feb 28, 2024 4:43pm
The market already knows about the 220m retail and its sold off.  Gotta seriously question whats going on with this dyfunct sector that keeps rolling over
Comment by BlueJay2020 on Feb 28, 2024 5:49pm
I agree with you and picked up 2000 shares just before the close at $5.86.  Either the move of a genius or a jerk!
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