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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Comment by mvgfwdon Dec 09, 2016 10:48am
332 Views
Post# 25576038

RE:Called that right...LOL

RE:Called that right...LOL Yes you did. I did not want to believe it but here we are. However, I do not view the release as a dire warning. $27MM US is still approximately $36MM Cdn which would land its fiscal year revenue at approximately $160MM Cdn. This is down 3% or $5MM Cdn vs 2015 yoy. Wasn't 2015 sales revenues a record high for the company? I am more interested in what the net profit for the year is going to be. Emotions run high for everyone holding this stock, myself included. I am extremely frustrated and disappointed with the mismanagement by Dave and Co. I have held this lame duck since 2009 with an avg cost of 1.38 per share and feel that with better decisions by management we should be much higher than the current SP. But I still view this company as worth more than the current SP. I am with SRTMAN; we can still make a great return if Dave sells the company. I'm sure there is a quality suitor; Cisco? Google perhaps? with better management teams that can unlock the untapped potential in what Sandvine does and take it to the next level. I feel that the current management is stuck in a rut and will remain there until either they sell the company or a competitor surprises them and makes them obsolete. As a shareholder/investor I am seeing the window of opportunity to score a larger gain with SVC getting smaller as each mediocre quarter sails by. GLTA.
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