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 > Liquidation event

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Post by giovincoon Mar 21, 2024 4:19am

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Post# 35944307

Liquidation event

Selling all the assets. Cannot find a buyer for the whole package.
AFFO has reached 0.03 now. Interest expense is too high.
I thought this was going to rebound but now I think that this is going to bankruptcy.
As soon as AFFO turns negative or even zero, there is no hope. AFFO negative means the company is unable to continue. 0.03 per share or 1.9 million is way too shallow cushion, explains the share price.
I honestly think that the company is overvalued now. Didn't see this coming. I am glad that I sold with a loss. Dodged a bullet.

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