Invesque Ord Shs T.IVQ

Executive compensation

[giovinco]

Executive comp is way too high for the market cap. They are each making over millions when market cap is far less than 100 million and the earnings are negative. FFO does not matter if none is being paid out to the investor and the stock price is going down the drain.
Why does not management put the company up for sale, if they say they are working in the best interest of investors?

[pjn0987654321]

Agree completely.  I hope an activist takes an interest.  The virus is over.  They were stuck with increased costs.  Now the problem is high interest rates.  See the rates they had to pay on the debenture extensions.  However, they should have raised their prices by  now.  Every viable business has to cover costs and make a profit.  If there is no

[giovinco]

Tiptree owns like 30% of invesque. They bought 16M shares at around $12 CAD per share, lost ton of money lol they should take action if any.

[pjn0987654321]

Interesting.  Maybe Tiptree sold a long time ago and the public records have not been updated?!?  Something is not right with this company.  Keeps making new lows.  Perhaps activists have already had a look and decided to pass!  Their thesis that the company can do well off the aging babyboomers is still the same as it was from the beginning.  Obviously, they have

[giovinco]

It seems that they are still holding the shares as they continue to discuss the big loss at their quarterly meetings, last one held 4 weeks ago. Anyway, I also sold majority of my holdings at a loss. Too many good companies with undervalued share prices these days, due to high interest rate environment, that I cannot waste the opportunity on this one.

[BrainNugget]

https://finance.yahoo.com/news/morgan-stanley-analysts-forecasting-something-191335936.html