Invesque Ord Shs T.IVQ

Alternate Symbol(s): T.IVQ.DB.U | T.IVQ.DB.V | MHIVF

Invesque Inc. is a healthcare real estate company. The Company is focused on investing in a portfolio of North American properties across the health care spectrum. The Company's portfolio includes investments in independent living, assisted living, memory care, skilled nursing, transitional care, and medical office properties, which are operated under long-term leases and joint venture arrangements with operating partners. Its portfolio also includes investments in owner-occupied seniors housing properties in which the Company owns the real estate and provides management services through its subsidiary management company, Commonwealth Senior Living. The Company owns or has a majority interest in a portfolio of approximately 68 properties in the United States, comprised of 57 assisted living and memory care facilities, nine skilled nursing facilities and two medical office buildings.

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Invesque Ord Shs > Q3 is out

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Comment by Rc0gburnon Dec 08, 2020 3:41pm

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Post# 32060210

RE:RE:RE:RE:Q3 is out

What do you think of the debentures here? The 6% of 2023 are trading at sub 50c now. Its almost a 30% YTM. I think the balance sheet needs to be cleaned for sure, the stock is broken but they should have huge Operating leverage in the business to an emergence from COVID in 2021.

I dont like the risk return on the equity but if they can hold on and survive the next year, these debentures should trade back intop the 70's and 80's. I feel like it was a small issue and largely went to retail investors who are just punting them out ahead of YE and think the co. is done....

Any thoughts?

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle