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

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

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.PR.E - Post Discussion

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Post by SNAKEYBOY on Apr 08, 2023 9:51pm

MONDAY WE SHOULD FIND OUT

If the NCIB is on hold.....which would be weird cause the minnesota industrial assets were supposed to close end of march.

Then we need to wait 7 weeks.   Manji's plan, lay another egg with bad Q1, a declining AFFO get a $6.xx handle then go back to buying.   

Historic destruction of shareholder value.  HISTORIC.
Comment by jmkOttawa on Apr 09, 2023 1:53pm
Not sure  why you would say 7 weeks when it is 4 1/2 weeks to Q1 release, and always look forward to a price significantly lower than the current price if you are not short and trying to discourage positive sentiment on Artis. Shareholder value is only eliminated if you sell to the lucky shorts trying to cover, rather than wait for the unit price to recover. 
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