posted May 05, 2022 09:18 am by giovinco
(7)
If they keep buying back shares as they continue to do so currently, AFFO per share would only go up. Market cap does not make sense at current AFFO multiple. At current multiple, they could buy back
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posted May 01, 2022 12:36 pm by Predator2018
(48)
2 cents a month is only 24 cents a year and less than AFFO of 57 cents cad a year. They can afford 2 cents monthly dividend plus shares buyback if current AFFO remains stable
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posted April 29, 2022 02:07 pm by Predator2018
(48)
Even at 5 times AFFO, should be atleast $2.85 normally use 10X AFFO or around $5.70 Quite undervalued now as currently trading at 2.8 X AFFO
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posted April 26, 2022 01:26 pm by pennydredful
(365)
are selling their bonds to the company on about a 20% yield basis.
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posted April 15, 2022 02:41 am by giovinco
(7)
Both debt load to NAV and debt ratio are going down as time progresses. Canadian insider shows continued buying back of both debt and shares. They are also paying back debt with asset sales. There is
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posted April 13, 2022 03:04 pm by 2young2invest
(9)
Not a concern for the managment, they keep buying back shares. Do they know something or just out of touch? :)
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posted April 08, 2022 07:52 pm by Capharnaum
(432)
The vast majority of their credit facilities are fixed due to credit swaps. The renewing mortgages could be at higher interest rates, though. I agree that the high level of debt is a concern.
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posted March 24, 2022 04:06 pm by Predator2018
(48)
WITH HIGHER INTEREST RATE, THE INTEREST PAYMENT ALONE PLUS DEBT IS A SERIOUS CONCERN FOR MANY.
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posted March 23, 2022 12:15 am by giovinco
(7)
They are buying back both. Not much volume offered in the market. Check canadian insider, they are buying back debentures as well.
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posted March 18, 2022 08:33 am by pjn0987654321
(81)
Sooner or later, the costs have to be passed on to the residents. They are getting too good a deal. Neither IVQ nor the tenants is a charity. If management won't make the
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posted March 17, 2022 11:17 pm by Capharnaum
(432)
I think there is a lot more value than $2. However, targets are going to be low for a while due to the risks facing the business. They are still over leveraged and their tenants are facing costs that
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posted March 17, 2022 10:14 pm by giovinco
(7)
Back of the envelope calculation: Total asset went from $1.5B to $1.3B, while debt went from $1.052B to $0.894B. So, if they were to dispose of all their assets while reducing debt then they would be
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posted March 10, 2022 09:56 pm by Capharnaum
(432)
They still have a huge debt load and have to renew with their lenders. After they've done that, the debentures should increase in value.
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posted March 10, 2022 09:28 pm by 2young2invest
(9)
They really started share buybacks, a bit strange for me. I would rather buy back debentures, cause you have to pay this high interest. Well...
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posted February 17, 2022 01:04 pm by Stratocheif
(158)
Wants the new u debentures even with 7% they trade at 80. I don't get it
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posted January 21, 2022 03:46 pm by pennydredful
(365)
correction 7% up from 5.75%
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posted January 04, 2022 08:19 pm by pennydredful
(365)
why would they do that when they don,t have the money to repay their debt as it
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posted December 30, 2021 03:31 pm by Predator2018
(48)
EVEN A 2 CENT A SHARE DIVIDEND IS OKAY.
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posted December 29, 2021 03:39 pm by pennydredful
(365)
8 percent is not super high. They sold an asset to up the cash portion to the maturing deb holders
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posted December 28, 2021 04:29 pm by pjn0987654321
(81)
It's not like they are spending very much at the current share price when they are allowed to buy only 6000 shares a day.
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