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Slate Grocery REIT T.SGR


Primary Symbol: T.SGR.UN Alternate Symbol(s):  SRRTF

Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties (the properties) in the United States of America (the U.S.). Its objectives are to provide unitholders with stable cash distributions from a portfolio of grocery-anchored real estate properties in the United States. The REIT owns and operates real estate infrastructure across U.S. metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.


TSX:SGR.UN - Post by User

Bullboard Posts
Post by inventorson Feb 12, 2013 10:43am
185 Views
Post# 20974235

Horrible

Horrible

There is no excuse, someone needs to step down.

Fine, the sp is trading at less than P/E 2, and is probably an new low entry point.

That is not the point, investors have been seriously mislead.

Target prices have been three times reduced significantly.

There is no growth in production for two years.

SGR has now become a value trap for short, med, and long term bagholders.

If SGR intended to tank the sp, it should have done so last year.

DEAD CAT BOUNCE, but who cares except some cheap day traders.

Total right down, and the best part becomes disingenious when SGR gets bought out for a 30% premium.

Bullboard Posts