Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Timbercreek Financial Corp T.TF

Alternate Symbol(s):  T.TF.DB.C | TBCRF | T.TF.DB.D | T.TF.DB.E

Timbercreek Financial Corp is a Canada-based non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. The Company is focused on providing structured financing solutions to real estate owners and investors and acts as alternative asset class investment manager. The investment objective of the Company is to secure and grow a diversified portfolio of mortgage and other investments, generating an attractive risk adjusted return and monthly dividend payments to shareholders. The Company invests in a portfolio of structured mortgage loans primarily secured by income-producing commercial real estate, such as multi-residential, office and retail buildings located in urban markets across Canada.


TSX:TF - Post by User

Post by MyHoneyPoton Feb 26, 2024 8:02pm
140 Views
Post# 35900413

Earning Release 4th Quarter

Earning Release 4th Quarter
It looks like the NAV has increase 17 cents a share to $8.50.

My target price is 1.2 time NAV or $10.20 a share in that range. 

So with the stock trading at $7.20, paying a 10% dividend and a upside of  41% from here i don't think there i a better deal out there. 

On top of it all its a finicial company so this NAV is real dollars. 

Now they are going to issue a special dividend next month, that a bonus on top of all this. 

This stock is way to cheap and i have loaded up and have made a good profit here. 

IMHO
<< Previous
Bullboard Posts
Next >>